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Zerodha Vs TradeSmart Vs Fyers: Which one is better?

The brokerage of Zerodha ranges between Rs 20, the brokerage of TradeSmart ranges between Rs 15, while the brokerage of Fyers ranges between Rs 20. All 3 brokers are discount brokers. Overall rating for Zerodha is 4.5, TradeSmart is rated 4, Fyers is rated 4 out of 5.

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

Compare Zerodha vs TradeSmart vs Fyers on Service

  Zerodha Compare
Zerodha
TradeSmart Compare
TradeSmart
Fyers Compare
Fyers
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE, MCX BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Broker Overview Zerodha is India's leading discount broker offering free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support. 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 TradeSmart vs Fyers on Trading & Demat Account Opening Charges

In this section we have compared Zerodha vs TradeSmart vs Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening, TradeSmart charges Rs 200 for account opeing, and Fyers charges Free for account opeing. Demat AMC charges - Zerodha charges Rs 300 PA as AMC for Demat account, TradeSmart charges Rs 300 PA AMC for Demat account, where Fyers charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Zerodha vs TradeSmart vs Fyers
Charges Zerodha TradeSmart Fyers
Trading Account Opening Fees Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) Rs 200 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Rs 200 Free
Demat AMC Rs 300 PA Rs 300 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Zerodha vs TradeSmart vs Fyers on Plan Options

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

Compare Zerodha vs TradeSmart vs Fyers on Plan Options
Plan Types Zerodha TradeSmart Fyers
Multiple Plans No Yes 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 TradeSmart 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.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

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 TradeSmart vs Fyers
Brokerage Charges Compare Zerodha TradeSmart Fyers
Plan Name Max Rs 20 per order Trading Plan Flat Fee Rs 15 Trading Plan (Power Plan) Max Rs 20 Per Order Trading Plan
Equity Delivery Free Flat Fee Rs 15 Free
Equity Intraday 0.03% or Rs 20 whichever is lower Flat Fee Rs 15 0.03% or Rs 20 whichever is lower
Equity Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 15 0.03% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 20 Flat Fee Rs 15 Flat Fee Rs 20
Currency Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 15 0.03% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 20 Flat Fee Rs 15 Flat Fee Rs 20
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 15 Flat Fee Rs 20
Minimum Brokerage NIL
Hidden Charges No No
Funding Info Not Available No No
Call & Trade Charges Rs 50 Per Executable Order Rs 20 per executed Order Rs 50 Per Order
Auto Square off Charges Rs 50 Per Executable Order Rs 20 per executed Order Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for Zerodha Brokerage Calculator for TradeSmart Brokerage Calculator for Fyers
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Share Broker's Transaction Charges

Compare Zerodha vs TradeSmart vs Fyers on Transaction Charges

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

Transaction Charges - Compare Zerodha vs TradeSmart vs Fyers
Transaction Charges Compare Zerodha TradeSmart 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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr NA
Brokerage Charges Complete Brokerage Plans for zerodha Complete Brokerage Plans for trade-smart-online Complete Brokerage Plans for fyers
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Account Features

Compare Zerodha vs TradeSmart vs Fyers on Account Features

Compare Zerodha vs TradeSmart 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 - All 3 brokers dont have margin funing facility. NRI Trading - Zerodha offers NRI Trading where TradeSmart and Fyers doesn't offers NRI Trading.

Account Features - Zerodha vs TradeSmart vs Fyers
Account Features Compare Zerodha TradeSmart Fyers
3 in 1 Account No Zerodha have 2-in-1 account. Only Demate and Trading account. No Zerodha 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 Yes Yes Yes
SMS Alerts No No No
Online Demo Yes Yes Yes
Online Portfolio Yes No No
Margin Trading Funding Available No No No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:20 PM 3:15PM 3:15 PM
NRI Trading Yes No No
Other Features NIL NIL Fyers 30 Day Challenge
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Trading Platform

Compare Zerodha vs TradeSmart vs Fyerson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Zerodha vs TradeSmart 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 TradeSmart vs Fyers
Trading Platform Compare Zerodha TradeSmart Fyers
Desktop Trading Platform NA NEST Trader & Fox Trader 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://sine.tradesmartonline.in/userMaster/login

Fyers Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes No
Mobile Trading Yes Yes Yes
Mobile Trading App Zerodha Kite App Sine Fyers 2.0 Mobile App
Mobile Trading App Demo Zerodha Kite App Demo Sine Demo Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod Zerodha Kite App Download Andriod Sine Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS Zerodha Kite App Download iOS Sine 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 TradeSmart Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for TradeSmart Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for Zerodha Options Brokerage Calculator for TradeSmart Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for zerodha Detail on Trading Platforms for trade-smart-online Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare Zerodha vs TradeSmart vs Fyers on User Rating

  Zerodha TradeSmart Fyers
  160 Customer Reviews    Rate Zerodha 34 Customer Reviews    Rate TradeSmart 10 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 TradeSmart is Rated 4.0 / 5 based on 34 customer reviews Fyers is Rated 3.2 / 5 based on 10 customer reviews
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Investment Offerings

Compare Zerodha vs TradeSmart vs Fyers on Investment Offerings

Compare Zerodha vs TradeSmart 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 - Zerodha and Fyers offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - All 3 brokers doesn't offer PMS facility.

Investment Offerings - Compare Zerodha vs TradeSmart vs Fyers
Investment Offerings Compare Zerodha TradeSmart Fyers
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes No Yes
Mutual Funds Yes No Yes
Bond / NCD Yes No No
ETF Yes Yes Yes
Banking No No No
Insurance No No No
Forex No No No
MF SIP Investment Yes No 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 TradeSmart vs Fyers on Order Types

Order Type - Compare Zerodha vs TradeSmart 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) - TradeSmart 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 - Zerodha and Fyers offers Good Till Cancelled (GTC) orders facility where TradeSmart doesn't provides GTC.

Order Types - Compare Zerodha vs TradeSmart vs Fyers
Order Type Compare Zerodha TradeSmart 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 No Yes
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Customer Service Offered

Compare Zerodha vs TradeSmart vs Fyers on Customer Service

Compare Zerodha vs TradeSmart 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 TradeSmart vs Fyers
Customer Service Compare Zerodha TradeSmart Fyers
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes Yes
Toll Free Number No No No
Through Branches Yes No No
Customer Care Number "+ 91 80 4040 2020" 022 61208000 08060001111
Account Opening Process Online/Paperless Online/Paperless 100% online and paperless proc
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://zerodha.com/varsity/ https://help.tradesmartonline.in/ 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
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website https://zerodha.com/ https://tradesmartonline.in/ https://fyers.in/
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Tips/Research/Reports Published

Compare Zerodha vs TradeSmart vs Fyers on Research Reports, Tips

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

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

Compare Zerodha vs TradeSmart vs Fyers on Demat Account

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

Demat Charges - Compare Zerodha vs TradeSmart vs Fyers
  Zerodha TradeSmart Fyers
DP Source CDSL CDSL CDSL
DP ID 81600 30400 432-2019
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹300 pa Free
Advance Deposit Nil NIL Nil
Statutory charges ₹50 Nil Nil
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction ₹25 ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹150 per certificate + ₹100 courier charges ₹500 per certificate (Min ₹500 per request) ₹0
Remat ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹500 per certificate (Min ₹500 per request) ₹0
Pledge Creation ₹20 + ₹12 CSDL charges ₹200 per script
₹50 for trading margin each side
Nil
Pledge Creation Confirmation Nil Nil Nil
Pledge Closure ₹20 + ₹12 CSDL charges ₹200 per script Nil
Pledge Closure Confirmation Nil Nil Nil
Pledge Invocation ₹20 ₹200 per script Nil
Failed Instruction Charges ₹50 per instraction Nil Nil
Other Charges Nil Nil Stamp Charges ₹50,
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Special Offers,Advantages,Disadvantages

Compare Zerodha vs TradeSmart vs Fyers on Special Offers and Promotion

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

Compare Zerodha vs TradeSmart vs Fyers on Special Offers and Promotion
  Zerodha TradeSmart 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 SIGN Mobile, SIGN Web and NEST Software.
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 Up to 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). Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. 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
VNS Finance and Capital Services Ltd.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
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...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden 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
  • Does not offer Lifetime free AMC account
  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Bracket order is not offered by Zerodha
  • 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.
  • Software glitches in Kite happens at certain times.

Detail Review...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management 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. Free Account Opening, Rs 400 Waived for a limited time.
Enquire for Zerodha Enquire for TradeSmart Enquire for Fyers

Last Updated on 2024-05-23T05:55:42+00:00