FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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.
In this section we have compared Zerodha vs TradeSmart vs Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Zerodha and Fyers offer Free account opening where TradeSmart charges Rs 200 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.
Charges | Zerodha | TradeSmart | Fyers |
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Trading Account Opening Fees | Free | 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 | ![]() |
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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.
Plan Types | Zerodha | TradeSmart | Fyers |
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Multiple Plans | ![]() |
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Monthly Plans | ![]() |
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Yearly Plans | ![]() |
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Zerodha | Zerodha | Fyers | |
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Account Opening Request |
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 | TradeSmart | Fyers |
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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 |
Compare Zerodha vs TradeSmart vs Fyers on transaction charges and PCM fee by segment.
Transaction Charges Compare | Zerodha | TradeSmart | Fyers |
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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 |
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 Compare | Zerodha | TradeSmart | Fyers |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Algo Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Combined Ledger for Equity and Commodity | ![]() |
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Intraday Square-off Time | 3:20 PM | 3:15PM | 3:15 PM |
NRI Trading | ![]() |
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Other Features | NIL | NIL | Fyers 30 Day Challenge |
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.
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 | TradeSmart | Fyers |
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Equity Cash and F&O | ![]() |
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Currency Deravitives | ![]() |
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Commodity | ![]() |
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Online IPO Application | ![]() |
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Mutual Funds | ![]() |
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Bond / NCD | ![]() |
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ETF | ![]() |
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Banking | ![]() |
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Insurance | ![]() |
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Forex | ![]() |
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MF SIP Investment | ![]() |
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Equity SIP Investment | ![]() |
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PMS Service | ![]() |
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Other Investment Options | NIL | NIL | NIL |
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 Type Compare | Zerodha | TradeSmart | Fyers |
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CNC order | ![]() |
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MIS order | ![]() |
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NRML order | ![]() |
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Cover order | ![]() |
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Bracket order | ![]() |
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AMO-After Market Orders | ![]() |
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GTC-Good Till Cancelled | ![]() |
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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 Service Compare | Zerodha | TradeSmart | Fyers |
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24/7 Customer Service | ![]() |
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Email Support | ![]() |
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Onine Live Chat | ![]() |
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Phone Support | ![]() |
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Toll Free Number | ![]() |
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Through Branches | ![]() |
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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/ |
Compare Zerodha vs TradeSmart vs Fyers on research reports and tips provided by broker.
Zerodha | TradeSmart | Fyers | |
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Research Mutual Funds | ![]() |
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Research Equity Reports | ![]() |
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Research ETF | ![]() |
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Daily Market Report | ![]() |
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Free Tips | ![]() |
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Quarterly Result Analysis | ![]() |
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News Alerts | ![]() |
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Compare Zerodha vs TradeSmart vs Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details
Zerodha | TradeSmart | Fyers | |
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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, |
Compare Zerodha vs TradeSmart vs Fyers on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
Zerodha | TradeSmart | Fyers | |
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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;
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Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?
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Dislikes |
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There are several disadvantages or limitations as well of trading with TradeSmart such as follows;
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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 2024-07-02T01:41:09+00:00