FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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About Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company.
The company was founded by young entrepreneurs who believe in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India.
Fyers is a low brokerage stock broker in India. ...
About mStock
Incorporated in April 2022 by Mirae Asset Capital Markets (India) Pvt Ltd, m.Stock offers a comprehensive range of stockbroking services to retail clients under its brand. It offers investment opportunities in stocks, currencies, IPOs and direct mutual funds.
One of the platform's most attractive features is the lifetime zero brokerage plan with a one-time fee of Rs 999. Unlike most brokers, this plan ensures zero brokerage on F&O, Intraday, Delivery, IPOs, ETFs, Currency and Mutual Funds, m...
Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India. Incorporated in 2022, mStock is a Discount. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
Fyers | mStock | |
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Type of Broker | Discount Broker | Discount |
Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
Year of Incorporation | 2015 | 2022 |
Number of Branches | 2 | 0 |
Open Fyers Account |
Fyers trading account opening charges is Rs 0 (Free) while mStock account opening changes is Rs 999 (One TIme Cost). Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime) and mStock Demat Account AMC Charges is Annual Rs. 480 + GST (To be recovered on a Quarterly basis).
Fyers | mStock | |
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Trading Account Opening Charges | Rs 0 (Free) | Rs 999 (One TIme Cost) |
Trading Account AMC Charges | Rs 0 (Free AMC for Lifetime) | Annual Rs. 480 + GST (To be recovered on a Quarter |
Demat Account Opening Charges | Rs 0 (Free) | Rs 999 (One TIme Cost) |
Demat Account AMC Charges | Rs 0 (Free AMC for Lifetime) | Annual Rs. 480 + GST (To be recovered on a Quarterly basis) |
Fyers brokerage charges for equity is 0.03% or Rs 20, whichever is lower and intraday is 0.03% or Rs 20, whichever is lower whereas mStock brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).
Account Type | Fyers Flat Fee Brokerage Plan | mStock Lifetime Zero Brokerage Plan |
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Fixed Charges | NA | Rs 999 (One Time Payment) |
Equity Delivery | 0.03% or Rs 20, whichever is lower | Rs 0 (Free) |
Equity Intraday | 0.03% or Rs 20, whichever is lower | Rs 0 (Free) |
Equity Futures | 0.03% or Rs 20, whichever is lower | Rs 0 (Free) |
Equity Options | Rs 20 per executed order | Rs 0 (Free) |
Currency Futures | 0.03% or Rs 20, whichever is lower | Rs 0 (Free) |
Currency Options | Rs 20 per executed order | Rs 0 (Free) |
Commodity Futures | 0.03% or Rs 20, whichever is lower | NA |
Commodity Options | Rs 20 per executed order | NA |
Special Offer | Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. |
Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Fyers | mStock | |
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Account Type | Flat Fee Brokerage Plan | Rs 0 Plan |
Fixed Charges | NA | NA |
Equity Delivery | 0.03% or Rs 20, whichever is lower | Rs 0 (Free) |
Equity Intraday | 0.03% or Rs 20, whichever is lower | Rs.20 per Executed Order/0.3%of the turnover value |
Equity Futures | 0.03% or Rs 20, whichever is lower | Rs 20 as per executer order |
Equity Options | Rs 20 per executed order | Rs 20 as per executer order |
Currency Futures | 0.03% or Rs 20, whichever is lower | Rs 20 as per executer order |
Currency Options | Rs 20 per executed order | Rs 20 as per executer order |
Commodity Futures | 0.03% or Rs 20, whichever is lower | NA |
Commodity Options | Rs 20 per executed order | NA |
Open Fyers Account |
Minimum Brokerage | Intra-day: 0.03% or Rs 20, whichever is lower | |
Other Charges | Square-off by Fyers - Rs 50 per trade, NRI Brokerage: Rs 50 (equity delivery) | Rs 20/order - MTF |
Call & Trade Charges | Rs 50 per trade | Rs 0 (Free) |
Fyers transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium) while mStock exchange transaction charges for options is NSE Rs 4950 per Cr (0.0495%) (on premium).
Fyers | mStock | |
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Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 188 per Cr (0.00188%) | BSE Rs 0 |
Equity Options | NSE Rs 5000 per Cr (0.05%) (on premium) | NSE Rs 4950 per Cr (0.0495%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | NSE Rs 9 per Cr (0.00009%) |
Currency Options | NSE Rs 3500 per Cr (0.035%) (on premium) | NSE Rs 35 per Cr (0.00035%) (on premium) |
Commodity | NA | |
Open Fyers Account |
Fyers margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the mStock margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Fyers | mStock | |
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Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
Open Fyers Account |
The trading platforms offered Fyers include Fyers App, Fyers Web, Fyers Next. mStock offers Mobile App & Web Platform trading software.
Fyers | mStock | |
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3 in 1 Account | ||
Charting | ||
Automated Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding | ||
Margin Against Shares (Equity Cash) | ||
Margin Against Shares (Equity F&O) | ||
Trading Platform | Fyers App, Fyers Web, Fyers Next | Mobile App & Web Platform |
Intraday Square-off Time | 3:15 PM | |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | API Trading, Algo Trading and Insta Options is available, which is designed for options traders. | Buyback Trading |
Open Fyers Account |
Fyers is rated 2.9 of 5 based on 37 customer reviews whereas .
Fyers Enquire | mStock Enquire | |
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Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Fyers | mStock | |
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Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options | Pay Later (MTF), Pledge Shares |
Fyers | mStock | |
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Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
Open Fyers Account |
Fyers | mStock | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
Fyers | mStock | |
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Reviews | ||
Promo / Offers | Fyers Special OfferFree Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. |
Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Open Fyers Account |
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Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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