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SBICAP Securities Vs Fyers: Which one is better?

Both the brokers are registered with SEBI. SBICAP Securities offers investmenet in Equity, F&O and Currency only, where Fyers offers investment in Equity, F&O, Currency and Commodities.. The brokerage of SBICAP Securities Max .05 to 0.50% per trade while the brokerage of Fyers ranges between Rs 20. SBICAP Securities is a Full Service Broker where Fyers is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for SBICAP Securities is 8,30,820 where number of active customer for Fyers is 2,14,075. SBICAP Securities is serving more customer compare to Fyers.

Here we present side-by-side comparison of SBICAP Securities vs Fyers share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared SBICAP Securities vs Fyers's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of SBICAP Securities vs Fyers share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared SBICAP Securities vs Fyers's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare SBICAP Securities vs Fyers on Service

  SBICAP Securities Compare
SBICAP Securities
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE BSE, NSE, MCX
Active Clients 8,30,820 2,14,075
Broker Overview Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ... Know more about SBICAP Securities Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...Know more about Fyers
Broker Enquiry Request call back from Zerodha Request call back from Fyers
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Account Opening Charges and AMC

Compare SBICAP Securities vs Fyers on Trading & Demat Account Opening Charges

Comparison of SBICAP Securities with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where SBICAP Securities charges Rs 850 for account opening. Demat AMC charges - Fyers offer Free AMC for Demat account where SBICAP Securities charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SBICAP Securities with Fyers
Charges SBICAP Securities Fyers
Trading Account Opening Fees Rs 850 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 500 PA Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SBICAP Securities vs Fyers on Plan Options

Plans are the most important feature you look when compare SBICAP Securities with Fyers. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare SBICAP Securities with Fyers on Plan Options
Plan Types SBICAP Securities Fyers
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Fyers
Account Opening Request
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Brokerage Charges

Compare SBICAP Securities vs Fyers on Brokerage Charges

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare SBICAP Securities with Fyers
Brokerage Charges Compare SBICAP Securities Fyers
Plan Name Standard or default brokerage plan Max Rs 20 Per Order Trading Plan
Equity Delivery 0.50% Free
Equity Intraday 0.05% 0.03% or Rs 20 whichever is lower
Equity Futures 0.05% 0.03% or Rs 20 whichever is lower
Equity Options Rs 100 Per Lot Flat Fee Rs 20
Currency Futures 0.03% 0.03% or Rs 20 whichever is lower
Currency Options Rs 30 Per Lot Flat Fee Rs 20
Commodity Trading Rs. 100 per lot Flat Fee Rs 20
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future NIL
Hidden Charges Info Not Available No
Funding Yes - 24% interest PA No
Call & Trade Charges Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. Rs 50 Per Order
Auto Square off Charges First Free 30 per month, after Rs 10 per square-off Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for SBICAP Securities Brokerage Calculator for Fyers
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Share Broker's Transaction Charges

Compare SBICAP Securities vs Fyers on Transaction Charges

Compare SBICAP Securities with Fyers on transaction charges and PCM fee by segment.

Transaction Charges - Compare SBICAP Securities with Fyers
Transaction Charges Compare SBICAP Securities Fyers
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA NA
Brokerage Charges Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for fyers
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Account Features

Compare SBICAP Securities vs Fyers on Account Features

Compare SBICAP Securities with Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 account where Fyers offers only 2-in-1 account which includes trading and demat account. Algo Trading - Fyers offers Algo Trading where SBICAP Securities doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - SBICAP Securities offers NRI where Fyers doesn't offers NRI Trading.

Account Features - SBICAP Securities with Fyers
Account Features Compare SBICAP Securities Fyers
3 in 1 Account Yes, SBICAP Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No SBICAP Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes No
Other Features Trading software terminal: ODIN Diet Fyers 30 Day Challenge
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Trading Platform

Compare SBICAP Securities vs Fyers on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SBICAP Securities and Fyers. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare SBICAP Securities with Fyers
Trading Platform Compare SBICAP Securities Fyers
Desktop Trading Platform SBISMART XPRESS - NextTrader Fyers One
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://login1.sbismart.com/nidp/app/login Fyers Web
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App SBISMART Fyers 2.0 Mobile App
Mobile Trading App Demo SBISMART Demo Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod SBISMART Download Andriod Fyers 2.0 Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS SBISMART Download iOS Fyers 2.0 Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare SBICAP Securities vs Fyers on User Rating

  SBICAP Securities Fyers
  78 Customer Reviews    Rate SBICAP Securities 10 Customer Reviews    Rate Fyers
Fees Ratings 3.3 3.5
Trading Brokerage Rating 3.1 3.6
Trading Platform Usability 2.8 3.6
Customer Service Ratings 2.7 3.4
Overall Ratings 2.7 3.2
Broker Rating SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews Fyers is Rated 3.2 / 5 based on 10 customer reviews
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Investment Offerings

Compare SBICAP Securities vs Fyers on Investment Offerings

Compare SBICAP Securities with Fyers on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Fyers offers trading options in Commodity (MCX) where SBICAP Securities doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare SBICAP Securities with Fyers
Investment Offerings Compare SBICAP Securities Fyers
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking Yes No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare SBICAP Securities vs Fyers on Order Types

Order Type - Compare SBICAP Securities with Fyers on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare SBICAP Securities with Fyers
Order Type Compare SBICAP Securities Fyers
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare SBICAP Securities vs Fyers on Customer Service

Compare SBICAP Securities with Fyers on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare SBICAP Securities with Fyers
Customer Service Compare SBICAP Securities Fyers
24/7 Customer Service SBICAP Securities vs Fyers - 24x7 customer support No No
Email Support SBICAP Securities vs Fyers - Email Support Yes Yes
Onine Live Chat SBICAP Securities vs Fyers - Onine Live Chat No No
Phone Support SBICAP Securities vs Fyers - Phone Support Yes Yes
Toll Free Number SBICAP Securities vs Fyers - Toll Free Number Yes No
Through Branches SBICAP Securities vs Fyers - Through Branches Yes No
Customer Care Number SBICAP Securities vs Fyers - Customer Care Number 022 6854 5555 08060001111
Account Opening Process SBICAP Securities vs Fyers - Account Opening Process Offline 100% online and paperless proc
Customer Support Email SBICAP Securities vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SBICAP Securities vs Fyers - Knowledge Center/Education https://www.sbismart.com/education https://fyers.in/school-of-stocks/
Head Office Address SBICAP Securities vs Fyers - Head Office Address/Corporate Address SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website SBICAP Securities vs Fyers - Company Website https://www.sbismart.com https://fyers.in/
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Tips/Research/Reports Published

Compare SBICAP Securities vs Fyers on Research Reports, Tips

Compare SBICAP Securities with Fyers on research reports and tips provided by the broker.

Research Reports - Compare SBICAP Securities with Fyers
  SBICAP Securities Fyers
Research Mutual Funds SBICAP Securities vs Fyers - Research Mutual Funds Yes No
Research Equity Reports SBICAP Securities vs Fyers - Research Equity Reports Yes No
Research ETF SBICAP Securities vs Fyers - Research ETF Yes No
Daily Market Report SBICAP Securities vs Fyers - Daily Market Report Yes No
Free Tips SBICAP Securities vs Fyers - Free Tips Yes No
Quarterly Result Analysis SBICAP Securities vs Fyers - Quarterly Results Yes No
News Alerts SBICAP Securities vs Fyers - Yes Yes
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Demat Account

Compare SBICAP Securities vs Fyers on Demat Account

Compare SBICAP Securities with Fyers on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Fyers is Free where for SBICAP Securities is ₹500. Fyers is a better choice in terms of Demat AMC compare to SBICAP Securities.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300) where for Fyers is ₹7 + ₹5.50 (CDSL Charges) per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare SBICAP Securities with Fyers
  SBICAP Securities Fyers
DP Source CDSL CDSL
DP ID SBICAP Securities vs Fyers - DP ID 19300 432-2019
Demat Account Annual Maintenance Charges(AMC) ₹500 Free
Advance Deposit 0 for all Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.01% of the transaction value (Min ₹21 and Max ₹300) ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹5 per certificate + ₹35 courier charges ₹0
Remat ₹35 per certificate + CDSL Charges ₹0
Pledge Creation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Creation Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Closure 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Closure Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Invocation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Failed Instruction Charges ₹10 Nil
Other Charges Nil Stamp Charges ₹50,
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Special Offers,Advantages,Disadvantages

Compare SBICAP Securities vs Fyers on Special Offers and Promotion

Compare SBICAP Securities with Fyers on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare SBICAP Securities vs Fyers on Special Offers and Promotion
  SBICAP Securities Fyers
Pay In and Pay Out Options SBICAP Securities vs Fyers - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time SBICAP Securities vs Fyers - Payout Time Upto 24 Hrs except Bank Holidays. Up to 24 Hrs except for Bank Holidays.
Bank Supported and Charges SBICAP Securities vs Fyers - Bank Supported and Charges Direct to SBI Bank. 24+ banks connected via payment gateway, Free pay in and Free Pay Out.
Bank Detail Direct to SBI bank account Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes
  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

Detail Review...

  • Trade on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

Detail Review...

Dislikes
  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

Detail Review...

  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Fyers Account Now>>

Last Updated on 2023-09-13T02:35:55+00:00