Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Nuvama
Fyers
Kotak Securities
5Paisa
TradeSmart
Alice Blue
SAS Online
SAMCO
Tradingo
BlinkX
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 Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system.
Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ...
Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India. Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.
| Fyers | Paytm Money | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | NSE and BSE |
| Year of Incorporation | 2015 | 2017 |
| Number of Branches | 2 | 1 |
| Open Fyers Account | Open Paytm Money Account |
Fyers trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 200. Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime) and Paytm Money Demat Account AMC Charges is Rs 0 (Free).
| Fyers | Paytm Money | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 200 |
| Trading Account AMC Charges | Rs 0 (Free AMC for Lifetime) | Rs 300 (Annual Platform Fees) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 0 (Free AMC for Lifetime) | Rs 0 (Free) |
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 Paytm Money brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is low.
| Account Type | Fyers Flat Fee Brokerage Plan | Paytm Money Standard Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | 0.03% or Rs 20, whichever is lower | Rs 20 per executed order or 2.5% whichever is low |
| Equity Intraday | 0.03% or Rs 20, whichever is lower | Rs 20 per executed order or 0.05% whichever is low |
| Equity Futures | 0.03% or Rs 20, whichever is lower | Rs 20 per executed order or 0.01% whichever is low |
| Equity Options | Rs 20 per executed order | Rs 20 per executed order |
| Currency Futures | 0.03% or Rs 20, whichever is lower | |
| Currency Options | Rs 20 per executed order | |
| Commodity Futures | 0.03% or Rs 20, whichever is lower | |
| Commodity Options | Rs 20 per executed order | |
| 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. |
Special Offer: Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer  |
| 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) | Platform Usage Fees-Rs. 30/month; Physical Statements/Documents-₹300 per request + ₹300 per Courier |
| Call & Trade Charges | Rs 50 per trade | Rs 100 |
Fyers transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium) while Paytm Money exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).
| Fyers | Paytm Money | |
|---|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) | NSE Rs 345 per Cr (0.00345%) | 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 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | BSE Rs 200 per Cr (0.002%) |
| Equity Options | NSE Rs 5000 per Cr (0.05%) (on premium) | NSE Rs 5300 per Cr (0.053%) (on premium) |
| Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | |
| Currency Options | NSE Rs 3500 per Cr (0.035%) (on premium) | (on premium) |
| Commodity | NA | |
| Open Fyers Account | Open Paytm Money Account |
Fyers margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Paytm Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Fyers | Paytm Money | |
|---|---|---|
| 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 | Open Paytm Money Account |
The trading platforms offered Fyers include Fyers App, Fyers Web, Fyers Next. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.
| Fyers | Paytm Money | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting | |
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| Automated 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 | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | Fyers App, Fyers Web, Fyers Next | Paytm Money mobile app, Paytm Money website |
| Intraday Square-off Time | 3:15 PM | 3:15 PM |
| Trading In SME Shares Allowed? | |
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| Referral Program | |
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| Other Features | API Trading, Algo Trading and Insta Options is available, which is designed for options traders. | |
| Open Fyers Account | Open Paytm Money Account |
Fyers is rated 2.9 of 5 based on 37 customer reviews whereas Paytm Money is rated 3.2 of 5 based on 52 customer reviews.
| Fyers | Paytm Money | |
|---|---|---|
37 Customer Reviews  |
52 Customer Reviews |
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| Overall Ratings | |
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| Broker Rating | Fyers is rated 2.9 of 5 based on 37 customer reviews | Paytm Money is rated 3.2 of 5 based on 52 customer reviews |
| Fyers Enquire | Paytm Money Enquire | |
|---|---|---|
| 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. | Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer |
| Fyers | Paytm Money | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Mutual Funds | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | NPS Retirement Fund, Digital Fund |
| Fyers | Paytm Money | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Open Fyers Account | Open Paytm Money Account |
| Fyers | Paytm Money | |
|---|---|---|
| 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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| Fyers | Paytm Money | |
|---|---|---|
| Casual Investor | ||
| Active Investor | |
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| Trader | |
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| Fyers | Paytm Money | |
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| Reviews | Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru-based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments. The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 15 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL. Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website. |
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| 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. |
Paytm Money Special OfferPay Rs 0 brokerage for first 15 days
This is a limited-time offer. Open Instant Paytm Account online and start trading today. |
| Open Fyers Account | Open Paytm Money Account |
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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Open Fyers Account
