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Sharekhan Vs Fyers Vs Paytm Money: Which one is better?

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

Here we present side-by-side comparison of Sharekhan vs Fyers vs Paytm Money 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 Fyers vs Paytm Money 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 Fyers vs Paytm Money in this setion with 360 degree view of broker information.

Compare Sharekhan vs Fyers vs Paytm Money on Service

  Sharekhan Compare
Sharekhan
Fyers Compare
Fyers
Paytm Money Compare
Paytm Money
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 NSE, BSE
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 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 In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ... Know more about Paytm Money
Broker Enquiry Request call back from Sharekhan Request call back from Fyers Request call back from Paytm Money
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Account Opening Charges and AMC

Compare Sharekhan vs Fyers vs Paytm Money on Trading & Demat Account Opening Charges

In this section we have compared Sharekhan vs Fyers vs Paytm Money 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, Fyers charges Free AMC for Demat account, where Paytm Money charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan vs Fyers vs Paytm Money
Charges Sharekhan Fyers Paytm Money
Trading Account Opening Fees Free Free Free
Trading AMC Free Free Rs 30 per month (Platform fees)
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 Fyers vs Paytm Money on Plan Options

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

Compare Sharekhan vs Fyers vs Paytm Money on Plan Options
Plan Types Sharekhan Fyers Paytm Money
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 Fyers Paytm Money
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs Fyers vs Paytm Moneyon 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.

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

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare Sharekhan vs Fyers vs Paytm Money
Brokerage Charges Compare Sharekhan Fyers Paytm Money
Plan Name Sharkehan Brokerage Plan Max Rs 20 Per Order Trading Plan Flat Brokerage Plan
Equity Delivery 0.30% Free 2.5% or Rs 20 whichever is lower
Equity Intraday 0.02% 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures 0.02% 0.03% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Rs 20 per lot Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.02% 0.03% or Rs 20 whichever is lower NA
Currency Options Rs 5 per lot Flat Fee Rs 20 NA
Commodity Trading Rs 20 per lot Flat Fee Rs 20 NA
Minimum Brokerage Rs 20
Hidden Charges No No
Funding Yes - 18% interest PA No NA
Call & Trade Charges Free Rs 50 Per Order Rs 100/order +GST
Auto Square off Charges Free Rs 50 Per Order Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for Fyers Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Sharekhan vs Fyers vs Paytm Money on Transaction Charges

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

Transaction Charges - Compare Sharekhan vs Fyers vs Paytm Money
Transaction Charges Compare Sharekhan Fyers Paytm Money
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 NA NA
Brokerage Charges Complete Brokerage Plans for sharekhan Complete Brokerage Plans for fyers Complete Brokerage Plans for paytm-money
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Account Features

Compare Sharekhan vs Fyers vs Paytm Money on Account Features

Compare Sharekhan vs Fyers vs Paytm Money 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 Fyers and Paytm Money doesn't offers margin funding. NRI Trading - Sharekhan offers NRI Trading where Fyers and Paytm Money doesn't offers NRI Trading.

Account Features - Sharekhan vs Fyers vs Paytm Money
Account Features Compare Sharekhan Fyers Paytm Money
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 Paytm Money have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes No
SMS Alerts Yes No No
Online Demo Yes Yes No
Online Portfolio Yes No Yes
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes Yes No
Intraday Square-off Time 3:15PM 3:15 PM 3:10 PM
NRI Trading Yes No No
Other Features NIL Fyers 30 Day Challenge NIL
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Trading Platform

Compare Sharekhan vs Fyers vs Paytm Moneyon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan vs Fyers vs Paytm Money. 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 Fyers vs Paytm Money
Trading Platform Compare Sharekhan Fyers Paytm Money
Desktop Trading Platform TradeTiger Fyers One Paytm Money
Desktop Demo Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes No
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://www.sharekhan.com/

Fyers Web

Paytm Money Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No Yes
Mobile Trading Yes Yes Yes
Mobile Trading App Sharekhan Fyers 2.0 Mobile App Paytm Money App
Mobile Trading App Demo Sharekhan Demo Fyers 2.0 Mobile App Demo Paytm Money App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Sharekhan Download Andriod Fyers 2.0 Mobile App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Sharekhan Download iOS Fyers 2.0 Mobile App Download iOS Paytm Money App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Sharekhan Equity Intraday and Delivery Brokerage Calculator for Fyers Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for Fyers Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for Fyers Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for fyers Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Sharekhan vs Fyers vs Paytm Money on User Rating

  Sharekhan Fyers Paytm Money
  184 Customer Reviews    Rate Sharekhan 11 Customer Reviews    Rate Fyers 6 Customer Reviews    Rate Paytm Money
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 Fyers is Rated 3.2 / 5 based on 11 customer reviews Paytm Money is Rated 3.0 / 5 based on 6 customer reviews
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Investment Offerings

Compare Sharekhan vs Fyers vs Paytm Money on Investment Offerings

Compare Sharekhan vs Fyers vs Paytm Money 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 - Sharekhan and Fyers offers Commodity Trading where Paytm Money doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Sharekhan offers PMS facility where Fyers and Paytm Money doesn't offers PMS facility.

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

Compare Sharekhan vs Fyers vs Paytm Money on Order Types

Order Type - Compare Sharekhan vs Fyers vs Paytm Money 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 - All 3 brokers offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare Sharekhan vs Fyers vs Paytm Money
Order Type Compare Sharekhan Fyers Paytm Money
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 Yes Yes
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Customer Service Offered

Compare Sharekhan vs Fyers vs Paytm Money on Customer Service

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

Kanjurmarg (East),
Mumbai-MH- 400042
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website https://www.sharekhan.com https://fyers.in/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Sharekhan vs Fyers vs Paytm Money on Research Reports, Tips

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

Research Reports - Compare Sharekhan vs Fyers vs Paytm Money
  Sharekhan Fyers Paytm Money
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 Yes No
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Demat Account

Compare Sharekhan vs Fyers vs Paytm Money on Demat Account

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

Demat Charges - Compare Sharekhan vs Fyers vs Paytm Money
  Sharekhan Fyers Paytm Money
DP Source CDSL CDSL CDSL
DP ID 36000 432-2019 12088800
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Free Zero
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure) Nil Nil
Statutory charges Actual Stamp Paper Charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹7 + ₹5.50 (CDSL Charges) per transaction ₹10 per ISIN
Demat ₹5 per certificate (Min 50 per request) ₹0 ₹250 per 100 shares
Remat ₹50 per certificate or ₹50 for every hundred securities ₹0 ₹250 per 100 shares
Pledge Creation 0.03% (Min ₹100) Nil ₹32 per ISIN
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure Nil Nil ₹32 per ISIN
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation Nil Nil ₹32 per ISIN
Failed Instruction Charges Nil Nil 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
Stamp Charges ₹50, Nil
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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs Fyers vs Paytm Money on Special Offers and Promotion

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

Compare Sharekhan vs Fyers vs Paytm Money on Special Offers and Promotion
  Sharekhan Fyers Paytm Money
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/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
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays Up to 24 Hrs except for Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Info Not Available 24+ banks connected via payment gateway, Free pay in and Free Pay Out. Paytm Money allows 190+ Banks.
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
NA
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...

  • 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...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

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...

  • 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...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

Detail Review...

Special Offers/Promo
Enquire for Sharekhan Enquire for Fyers Enquire for Paytm Money

Last Updated on 2024-03-04T07:37:57+00:00