In this page, I am providing side by side comparison of FYERS Vs Zerodha.
FYERS and Zerodha belong to Discount Broker category. Hence they offer limited services but charges flat brokerage charges.
There are lot of differences between these two brokers.
I have equated both these brokers based on Company overview, Account related charges, Brokerage Charges, Transaction charges, Exposure provided, other features, Investment services, Customer service , Research/recommendations and promotion offer on account opening if any.
However, if you already have account with any of these brokers, kindly share your experience with me and fellow readers through comments.
Here is the comparison of FYERS Vs Zerodha:
Parameters | FYERS | Zerodha |
 |  |
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| Review | ||
| Type of Broker |
Discount Broker |
Discount Broker |
| Incorporation Year | 2015 | 2010 |
| Supported Exchanges | NSE, BSE | NSE, BSE, MCX and NCEDEX |
Account Related Charges |
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| Trading Account Opening Fees | Rs 0 | Rs 300 |
| Trading Account AMC | Rs 0 | Rs 0 |
| Demat Account Opening Fees | Rs 0 | Rs 100 |
| Demat Account AMC | Rs 400 | Rs 300 |
Brokerage Charges |
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| Equity Delivery Brokerage | Rs 20 per executed order | Rs 0 |
| Equity Intraday Brokerage | Rs 20 per executed order | Rs 20 per executed order |
| Equity Futures Brokerage | Rs 20 per executed order | Rs 20 per executed order |
| Equity Options Brokerage | Rs 20 per executed order | Rs 20 per executed order |
| Currency Futures Trading Brokerage | Rs 20 per executed order | Rs 20 per executed order |
| Currency Options Trading Brokerage | Rs 20 per executed order | Rs 20 per executed order |
| Commodity Trading Brokerage | NA | Rs 20 per executed order |
| Minimum Brokerage Charges | NIL | NIL |
| Monthly Unlimited Plans |  | |
| Brokerage Calculator | FYERS Brokerage Calculator | Zerodha Brokerage Calculator |
Transaction Charges |
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| Equity Delivery | 0.00325% | 0.00325% |
| Equity Intraday | 0.00325% | 0.00325% |
| Equity Futures | 0.00240% | 0.00210% |
| Equity Options | 0.059% (On Premium) | 0.053% (On Premium) |
| Currency Futures | 0.0024% | 0.00135% |
| Currency Options | 0.059% (On Premium) | 0.044% (On Premium) |
| Commodity | NA | Non Agri 0.0036%, Agri 0.00275%, |
Exposure |
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| Equity | Upto 15 times Intraday and 3 to 5 times for Delivery | Upto 20 times Intraday |
| Equity Futures | upto 5 times | upto 2.5 times |
| Equity Options | upto 5 times | upto 2.5 times |
| Currency Futures | upto 5 times | upto 2.5 times |
| Currency Options | upto 5 times | upto 2.5 times |
| Commodities | NA | upto 2.5 times |
Features |
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| 3 in 1 Account | | |
| Mobile Trading |  | |
| Charting | | |
| Automated Trading | | |
| After Trading Hour Orders | | |
| SMS Alerts | | |
| Margin Funding | | |
| Trading Platform | FYERS One, FYERS market and FYERS Web | Zerodha Kite |
Investment Services |
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| Stock / Equity | | |
| Commodity | | |
| Currency | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
Customer Service Channels |
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| 24/7 Customer Service | | |
| Email Support | | |
| Onine Live Chat | | |
| Phone Support | | |
| Toll Free Number | | |
| Support Through Branches | | |
| Relationship Managers | | |
Research Reports/Tips/Recommendations |
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| Daily Market Report | | |
| Tips/Recommendations | | |
| Quarterly Result Analysis | | |
| News Alerts | | |
| Robo Advisory | | |
Promotional Offers |
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And if you are interested in checking the details these two brokers with few more stock brokers, see the below tables.
Point By Point Comparison of FYERS with other Brokers:
FYERS in comparison with other Stock Brokers |
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Point By Point Comparison of Zerodha with other Brokers:
Zerodha in comparison with other Stock Brokers |
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You can compare any two stock brokers of your choice by visiting Comparison of Stock Brokers in India page