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Sharekhan Vs Finvasia Vs Fyers: Which one is better?

The brokerage of Sharekhan ranges between 0.1 to 0.5%, the brokerage of Finvasia ranges between Rs 0, while the brokerage of Fyers ranges between Rs 20. The broker Finvasia and Fyers are a discount brokers where Sharekhan is a full service broker. Overall rating for Sharekhan is 4, Finvasia is rated 4, Fyers is rated 4 out of 5.

Here we present side-by-side comparison of Sharekhan vs Finvasia vs Fyers stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Sharekhan vs Finvasia vs Fyers on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better Sharekhan vs Finvasia vs Fyers in this setion with 360 degree view of broker information.

Compare Sharekhan vs Finvasia vs Fyers on Service

  Sharekhan Compare
Sharekhan
Finvasia Compare
Finvasia
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Broker Overview Sharekhan is one of the oldest and the most popular full-service broker with the best platforms, powerful Trade Tiger terminal, free research & advisory, portfolio management services, and exceptionally great customer services with dedicated relation... Know more about Sharekhan Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S...Know more about Finvasia 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 Sharekhan Request call back from Zerodha Request call back from Fyers
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Account Opening Charges and AMC

Compare Sharekhan vs Finvasia vs Fyers on Trading & Demat Account Opening Charges

In this section we have compared Sharekhan vs Finvasia vs Fyers on trading & demat account opening charges and AMC. Trading account opening charges - All 3 brokers offers Free Trading account opening. Demat AMC charges - Sharekhan charges Rs 400 PA (Free for 1st year)) as AMC for Demat account, Finvasia charges Free AMC for Demat account, where Fyers charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan vs Finvasia vs Fyers
Charges Sharekhan Finvasia Fyers
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 400 PA (Free for 1st year)) Free Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Sharekhan vs Finvasia vs Fyers on Plan Options

Plans are the most important feature you look when compare Sharekhan vs Finvasia vs Fyers. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Sharekhan offers Multiple Plans where Finvasia and Fyers doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare Sharekhan vs Finvasia vs Fyers on Plan Options
Plan Types Sharekhan Finvasia Fyers
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Sharekhan Zerodha Fyers
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs Finvasia vs Fyerson Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

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 Sharekhan vs Finvasia vs Fyers
Brokerage Charges Compare Sharekhan Finvasia Fyers
Plan Name Sharkehan Brokerage Plan Zero Brokerage Trading Plan Max Rs 20 Per Order Trading Plan
Equity Delivery 0.30% Rs 0 Free
Equity Intraday 0.02% Rs 0 0.03% or Rs 20 whichever is lower
Equity Futures 0.02% Rs 0 0.03% or Rs 20 whichever is lower
Equity Options Rs 20 per lot Rs 0 Flat Fee Rs 20
Currency Futures 0.02% Rs 0 0.03% or Rs 20 whichever is lower
Currency Options Rs 5 per lot Rs 0 Flat Fee Rs 20
Commodity Trading Rs 20 per lot Rs 0 Flat Fee Rs 20
Minimum Brokerage Rs 20 NA
Hidden Charges No No
Funding Yes - 18% interest PA Yes, 24% interest PA No
Call & Trade Charges Free Free Rs 50 Per Order
Auto Square off Charges Free Free Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for Finvasia Brokerage Calculator for Fyers
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Share Broker's Transaction Charges

Compare Sharekhan vs Finvasia vs Fyers on Transaction Charges

Compare Sharekhan vs Finvasia vs Fyers on transaction charges and PCM fee by segment.

Transaction Charges - Compare Sharekhan vs Finvasia vs Fyers
Transaction Charges Compare Sharekhan Finvasia Fyers
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr 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 NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE 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 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 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 NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for sharekhan Complete Brokerage Plans for finvasia Complete Brokerage Plans for fyers
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Account Features

Compare Sharekhan vs Finvasia vs Fyers on Account Features

Compare Sharekhan vs Finvasia vs Fyers on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - All 3 brokers offers 2-in-1 account which includes trading and demat account. Margin Funding - Sharekhan offers margin funding where Finvasia and Fyers doesn't offers margin funding. NRI Trading - Sharekhan and Finvasia offers NRI Trading where Fyers doesn't offers NRI Trading.

Account Features - Sharekhan vs Finvasia vs Fyers
Account Features Compare Sharekhan Finvasia Fyers
3 in 1 Account No Sharekhan have 2-in-1 account. Only Demate and Trading account. No Sharekhan have 2-in-1 account. Only Demate and Trading account. No Fyers have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes No No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15PM 3:15 PM 3:15 PM
NRI Trading Yes Yes No
Other Features NIL NIL Fyers 30 Day Challenge
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Trading Platform

Compare Sharekhan vs Finvasia vs Fyerson Trading Platform

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

Trading Platform - Compare Sharekhan vs Finvasia vs Fyers
Trading Platform Compare Sharekhan Finvasia Fyers
Desktop Trading Platform TradeTiger OMNESYS NEST Fyers One
Desktop Demo Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.sharekhan.com/

https://trade.finvasia.com/

Fyers Web

Web Trading Demo Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes No
Mobile Trading Yes Yes Yes
Mobile Trading App Sharekhan SCALPERT Fyers 2.0 Mobile App
Mobile Trading App Demo Sharekhan Demo SCALPERT Demo Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Sharekhan Download Andriod SCALPERT Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS Sharekhan Download Info Not Available iOS Fyers 2.0 Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Free Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Sharekhan Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for finvasia Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare Sharekhan vs Finvasia vs Fyers on User Rating

  Sharekhan Finvasia Fyers
  184 Customer Reviews    Rate Sharekhan 17 Customer Reviews    Rate Finvasia 11 Customer Reviews    Rate Fyers
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Sharekhan is Rated 3.6 / 5 based on 184 customer reviews Finvasia is Rated 4.2 / 5 based on 17 customer reviews Fyers is Rated 3.2 / 5 based on 11 customer reviews
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Investment Offerings

Compare Sharekhan vs Finvasia vs Fyers on Investment Offerings

Compare Sharekhan vs Finvasia vs 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Sharekhan offers PMS facility where Finvasia and Fyers doesn't offers PMS facility.

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

Compare Sharekhan vs Finvasia vs Fyers on Order Types

Order Type - Compare Sharekhan vs Finvasia vs Fyers on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - All 3 brokers offers provides Bracket Orders (BO) facility. You can trade in equity and index derivatives using Bracket Orders. Bracket Orders (BO) is placed an compulsory stop loss and this is a intraday position. With Bracket order broker give you additional margin, as this order are placed with compulsory SL. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - Sharekhan and Fyers offers Good Till Cancelled (GTC) orders facility where Finvasia doesn't provides GTC.

Order Types - Compare Sharekhan vs Finvasia vs Fyers
Order Type Compare Sharekhan Finvasia Fyers
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes Yes Yes
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes No Yes
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Customer Service Offered

Compare Sharekhan vs Finvasia vs Fyers on Customer Service

Compare Sharekhan vs Finvasia vs Fyers on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Sharekhan vs Finvasia vs Fyers
Customer Service Compare Sharekhan Finvasia Fyers
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes No
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes No No
Customer Care Number 1800227500 Support: +91 9779 097 777/Sales: +91 9098 001 001 08060001111
Account Opening Process Offline Online/Paperless 100% online and paperless proc
Customer Support Email [email protected] [email protected]/[email protected] [email protected]
Knowledge Center/Education https://www.sharekhan.com/help/hello https://finvasia.com/announcements https://fyers.in/school-of-stocks/
Head Office Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH- 400042
Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website https://www.sharekhan.com https://www.finvasia.com/ https://fyers.in/
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Tips/Research/Reports Published

Compare Sharekhan vs Finvasia vs Fyers on Research Reports, Tips

Compare Sharekhan vs Finvasia vs Fyers on research reports and tips provided by broker.

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

Compare Sharekhan vs Finvasia vs Fyers on Demat Account

Compare Sharekhan vs Finvasia vs Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Sharekhan vs Finvasia vs Fyers
  Sharekhan Finvasia Fyers
DP Source CDSL CDSL CDSL
DP ID 36000 84300 432-2019
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Free Free
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) Rs 0 Nil
Statutory charges Actual Stamp Paper Charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹5 per certificate (Min 50 per request) ₹15 per certificate ₹0
Remat ₹50 per certificate or ₹50 for every hundred securities ₹15 for every hundred securities + CDSL Charges ₹0
Pledge Creation 0.03% (Min ₹100) ₹25 per transaction Nil
Pledge Creation Confirmation Nil NIL Nil
Pledge Closure Nil ₹25 per transaction Nil
Pledge Closure Confirmation Nil NIL Nil
Pledge Invocation Nil ₹19 per transaction Nil
Failed Instruction Charges Nil ₹49 Nil
Other Charges Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Nil Stamp Charges ₹50,
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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs Finvasia vs Fyers on Special Offers and Promotion

Compare Sharekhan vs Finvasia vs Fyers on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Sharekhan vs Finvasia vs Fyers on Special Offers and Promotion
  Sharekhan Finvasia Fyers
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through 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 Max 24 hrs except bank holidays Up to 24 hrs except for bank holidays. Up to 24 Hrs except for Bank Holidays.
Bank Supported and Charges Info Not Available Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. 24+ banks connected via payment gateway, Free pay in and Free Pay Out.
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes
  • Free account opening facility at zero fees.
  • Multiple brokerage plans for traders and investors.
  • In-house easy-to-use modern-technology web, app, and terminal-based trading platforms.
  • Free mutual fund investment at Rs. 0 brokerage.
  • Sharekhan NEO, a mutual fund Robo-advisory platform.
  • Intraday trading tips, recommendations, and stock market research & advisory
  • Invest in the basket of stocks (portfolio) and get timely recommendations.
  • Margin trading facility, portfolio management services, and loan against securities.
  • Free call and trade facility to customers.
  • Place bracket order, basket order, aftermarket order, and Good Till Date (GTD) order.
  • Free learning resources (Sharekhan classroom, articles & blogs) for stock market education.
  • A dedicated team of 7500+ relationship managers.

Detail Review...

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

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 doesn’t allow opening a 3-in-1 account.
  • High brokerage charge is the biggest drawback to trading with Sharekhan.
  • Does not offer Direct mutual fund.
  • Detail Review...

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

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 Free Account Opening+Free Demat AMC+Free Trading.
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Last Updated on 2024-03-04T07:37:57+00:00