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Zerodha Vs SBICAP Securities Vs Fyers: Which one is better?

The brokerage of Zerodha ranges between Rs 20, the brokerage of SBICAP Securities ranges between .05 to 0.50%, while the brokerage of Fyers ranges between Rs 20. The broker Zerodha and Fyers are discount brokers where SBICAP Securities is a full service broker. Overall rating for Zerodha is 4.5, SBICAP Securities is rated 4, Fyers is rated 4 out of 5.

Here we present side-by-side comparison of Zerodha vs SBICAP Securities 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 Zerodha vs SBICAP Securities 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 Zerodha vs SBICAP Securities vs Fyers in this setion with 360 degree view of broker information.

Compare Zerodha vs SBICAP Securities vs Fyers on Service

  Zerodha Compare
Zerodha
SBICAP Securities Compare
SBICAP Securities
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Discount Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE BSE, NSE, MCX
Broker Overview Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. 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 Zerodha Request call back from Fyers
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Account Opening Charges and AMC

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

In this section we have compared Zerodha vs SBICAP Securities vs Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Zerodha and Fyers offer Free account opening where SBICAP Securities charges Rs 850 for account opeing. Demat AMC charges - Zerodha charges Rs 300 PA as AMC for Demat account, SBICAP Securities charges Rs 500 PA AMC for Demat account, where Fyers charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Zerodha vs SBICAP Securities vs Fyers
Charges Zerodha SBICAP Securities Fyers
Trading Account Opening Fees Free Rs 850 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 300 PA Rs 500 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Zerodha vs SBICAP Securities vs Fyers on Plan Options

Plans are the most important feature you look when compare Zerodha vs SBICAP Securities vs Fyers. This section copare on high level about type of plans offered by brokers. Miltiple Plans - All 3 brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - All 3 brokers don't have Monthy Plans.

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

Account Opening

  Zerodha Zerodha Fyers
Account Opening Request
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Brokerage Charges

Compare Zerodha vs SBICAP Securities vs Fyerson Brokerage Charges

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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

Compare Zerodha vs SBICAP Securities vs Fyers on Transaction Charges

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

Transaction Charges - Compare Zerodha vs SBICAP Securities vs Fyers
Transaction Charges Compare Zerodha SBICAP Securities 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 360 Per Cr | Agri: Rs 275 Per Cr NA NA
Brokerage Charges Complete Brokerage Plans for zerodha Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for fyers
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Account Features

Compare Zerodha vs SBICAP Securities vs Fyers on Account Features

Compare Zerodha vs SBICAP Securities vs 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 Zerodha and Fyers offers only 2-in-1 account which includes trading and demat account. Margin Funding - All 3 brokers dont have margin funing facility. NRI Trading - Zerodha and SBICAP Securities offers NRI Trading where Fyers doesn't offers NRI Trading.

Account Features - Zerodha vs SBICAP Securities vs Fyers
Account Features Compare Zerodha SBICAP Securities Fyers
3 in 1 Account No Zerodha have 2-in-1 account. Only Demate and Trading account. Yes, Zerodha have 3-in-1 accounts. Bank Account, Demat and Trading account. No Fyers have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading Yes No Yes
SMS Alerts No Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available No No No
Combined Ledger for Equity and Commodity Yes No Yes
Intraday Square-off Time 3:20 PM 3:15PM 3:15 PM
NRI Trading Yes Yes No
Other Features NIL Trading software terminal: ODIN Diet Fyers 30 Day Challenge
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Trading Platform

Compare Zerodha vs SBICAP Securities vs Fyerson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Zerodha vs SBICAP Securities 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 Zerodha vs SBICAP Securities vs Fyers
Trading Platform Compare Zerodha SBICAP Securities Fyers
Desktop Trading Platform NA SBISMART XPRESS - NextTrader Fyers One
Desktop Demo Info Not Available Desktop Demo Desktop Demo
Desktop Platform (Windows) No Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

Zerodha Kite Web

https://login1.sbismart.com/nidp/app/login

Fyers Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No No
Mobile Trading Yes Yes Yes
Mobile Trading App Zerodha Kite App SBISMART Fyers 2.0 Mobile App
Mobile Trading App Demo Zerodha Kite App Demo SBISMART Demo Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Zerodha Kite App Download Andriod SBISMART Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Zerodha Kite App Download iOS SBISMART Download iOS Fyers 2.0 Mobile App Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Zerodha Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for Zerodha Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for zerodha Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare Zerodha vs SBICAP Securities vs Fyers on User Rating

  Zerodha SBICAP Securities Fyers
  160 Customer Reviews    Rate Zerodha 78 Customer Reviews    Rate SBICAP Securities 11 Customer Reviews    Rate Fyers
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Zerodha is Rated 3.9 / 5 based on 160 customer reviews SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews Fyers is Rated 3.2 / 5 based on 11 customer reviews
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Investment Offerings

Compare Zerodha vs SBICAP Securities vs Fyers on Investment Offerings

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

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

Compare Zerodha vs SBICAP Securities vs Fyers on Order Types

Order Type - Compare Zerodha vs SBICAP Securities 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) - SBICAP Securities and Fyers provides Bracket Orders (BO) facility where Zerodha doesn't provides Bracket Orders. 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 Zerodha vs SBICAP Securities vs Fyers
Order Type Compare Zerodha SBICAP Securities Fyers
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order No Yes Yes
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes Yes Yes
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Customer Service Offered

Compare Zerodha vs SBICAP Securities vs Fyers on Customer Service

Compare Zerodha vs SBICAP Securities 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 Zerodha vs SBICAP Securities vs Fyers
Customer Service Compare Zerodha SBICAP Securities Fyers
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No No No
Phone Support Yes Yes Yes
Toll Free Number No Yes No
Through Branches Yes Yes No
Customer Care Number "+ 91 80 4040 2020" 022 6854 5555 08060001111
Account Opening Process Online/Paperless Offline 100% online and paperless proc
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://zerodha.com/varsity/ https://www.sbismart.com/education https://fyers.in/school-of-stocks/
Head Office Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
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 https://zerodha.com/ https://www.sbismart.com https://fyers.in/
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Tips/Research/Reports Published

Compare Zerodha vs SBICAP Securities vs Fyers on Research Reports, Tips

Compare Zerodha vs SBICAP Securities vs Fyers on research reports and tips provided by broker.

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

Compare Zerodha vs SBICAP Securities vs Fyers on Demat Account

Compare Zerodha vs SBICAP Securities vs Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Zerodha vs SBICAP Securities vs Fyers
  Zerodha SBICAP Securities Fyers
DP Source CDSL CDSL CDSL
DP ID 81600 19300 432-2019
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹500 Free
Advance Deposit Nil 0 for all Nil
Statutory charges ₹50 Nil Nil
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction 0.01% of the transaction value (Min ₹21 and Max ₹300) ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹150 per certificate + ₹100 courier charges ₹5 per certificate + ₹35 courier charges ₹0
Remat ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹35 per certificate + CDSL Charges ₹0
Pledge Creation ₹20 + ₹12 CSDL charges 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Creation Confirmation Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Closure ₹20 + ₹12 CSDL charges 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Closure Confirmation Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Invocation ₹20 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Failed Instruction Charges ₹50 per instraction ₹10 Nil
Other Charges Nil Nil Stamp Charges ₹50,
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Special Offers,Advantages,Disadvantages

Compare Zerodha vs SBICAP Securities vs Fyers on Special Offers and Promotion

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

Compare Zerodha vs SBICAP Securities vs Fyers on Special Offers and Promotion
  Zerodha SBICAP Securities Fyers
Pay In and Pay Out Options pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
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 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 Max 24 hrs except for bank holidays Upto 24 Hrs except Bank Holidays. Up to 24 Hrs except for Bank Holidays.
Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). Direct to SBI Bank. 24+ banks connected via payment gateway, Free pay in and Free Pay Out.
Bank Detail HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
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

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

Detail Review...

  • 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
  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

Detail Review...

  • 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 Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquire for Zerodha Enquire for SBICAP Securities Enquire for Fyers

Last Updated on 2024-07-02T01:41:09+00:00