Fyers Vs Tradingo (Compare Fyers and Tradingo)

Fyers Vs Tradingo

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India. Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

	Fyers	Tradingo
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	NSE, BSE, MCX and NCDEX
Year of Incorporation	2015	2016
Number of Branches	2
	Open Fyers Account	Open Tradingo Account

Fyers Vs Tradingo Charges & AMC

Fyers trading account opening charges is Rs 0 (Free) while Tradingo account opening changes is Rs 0 (Free). Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime) and Tradingo Demat Account AMC Charges is Rs 250 +GST (From 2nd Year).

	Fyers	Tradingo
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free AMC for Lifetime)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 0 (Free AMC for Lifetime)	Rs 250 +GST (From 2nd Year)

Fyers Vs Tradingo Brokerage

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 Tradingo brokerage charges for equity is Rs 20 per trade or 2.5% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower).

Account Type	Fyers Flat Fee Brokerage Plan	Tradingo Discount Broking Plan
Fixed Charges	NA	Nil
Equity Delivery	0.03% or Rs 20, whichever is lower	Rs 20 per trade or 2.5% (whichever is lower)
Equity Intraday	0.03% or Rs 20, whichever is lower	Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures	0.03% or Rs 20, whichever is lower	Rs 20 per trade or 0.05% (whichever is lower)
Equity Options	Rs 20 per executed order	Rs 20 per executed order
Currency Futures	0.03% or Rs 20, whichever is lower	Rs 20 per trade or 0.05% (whichever is lower)
Currency Options	Rs 20 per executed order	Rs 20 per executed order
Commodity Futures	0.03% or Rs 20, whichever is lower	Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options	Rs 20 per executed order	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: Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per executed order or 0.05% (whichever is lower) on Intraday and F&O trade brokerage. Get the offer

Fyers Vs Tradingo Brokerage Plan 2

	Fyers	Tradingo
Account Type	Flat Fee Brokerage Plan	Premium Plan
Fixed Charges	NA
Equity Delivery	0.03% or Rs 20, whichever is lower	0.3% of trade value
Equity Intraday	0.03% or Rs 20, whichever is lower	0.03% of trade value
Equity Futures	0.03% or Rs 20, whichever is lower	0.03% of trade value
Equity Options	Rs 20 per executed order	Rs 30 per lot
Currency Futures	0.03% or Rs 20, whichever is lower	0.3% of trade value
Currency Options	Rs 20 per executed order	Rs 30 per lot
Commodity Futures	0.03% or Rs 20, whichever is lower	0.3% of trade value
Commodity Options	Rs 20 per executed order	Rs 30 per lot
	Open Fyers Account	Open Tradingo Account

Fyers Charges Vs Tradingo

Minimum Brokerage	Intra-day: 0.03% or Rs 20, whichever is lower	Rs 0
Other Charges	Square-off by Fyers - Rs 50 per trade, NRI Brokerage: Rs 50 (equity delivery)	Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade Charges	Rs 50 per trade	Additional Rs 20 per executed order

Fyers Vs Tradingo Transaction Charges

Fyers transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium) while Tradingo exchange transaction charges for options is NSE Rs 7500 per Cr (0.075%) | BSE Rs 50 per Cr (0.0005%) (on premium).

	Fyers	Tradingo
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (sell side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) | BSE Rs 0	NSE Rs 325 per Cr (0.00325%) | BSE Rs 50 per Cr (0.0005%)
Equity Options	NSE Rs 5000 per Cr (0.05%) (on premium)	NSE Rs 7500 per Cr (0.075%) | BSE Rs 50 per Cr (0.0005%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)	NSE Rs 160 per Cr (0.0016%)
Currency Options	NSE Rs 3500 per Cr (0.035%) (on premium)	NSE Rs 6000 per Cr (0.06%) (on premium)
Commodity	NA	Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr
	Open Fyers Account	Open Tradingo Account

Fyers Vs Tradingo Leverage (Margin)

Fyers margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradingo margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Fyers	Tradingo
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 Tradingo Account

Compare Fyers and Tradingo Features

The trading platforms offered Fyers include Fyers App, Fyers Web, Fyers Next. Tradingo offers Tradingo, Justrade trading software.

	Fyers	Tradingo
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	Tradingo, Justrade
Intraday Square-off Time	3:15 PM	Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Trading In SME Shares Allowed?
Referral Program
Other Features	API Trading, Algo Trading and Insta Options is available, which is designed for options traders.
	Open Fyers Account	Open Tradingo Account

Fyers Vs Tradingo Review

Fyers is rated 2.9 of 5 based on 37 customer reviews whereas Tradingo is rated 4.0 of 5 based on 6 customer reviews.

	Fyers	Tradingo
	37 Customer Reviews	6 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Fyers is rated 2.9 of 5 based on 37 customer reviews	Tradingo is rated 4.0 of 5 based on 6 customer reviews

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Fyers Vs Tradingo Investment Options

	Fyers	Tradingo
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Fyers Vs Tradingo Order Type Offered

	Fyers	Tradingo
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	Open Tradingo Account

Fyers Vs Tradingo Research Report

	Fyers	Tradingo
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Fyers Vs Tradingo Suitable For Investor Type

	Fyers	Tradingo
Casual Investor
Active Investor
Trader

Fyers Vs Tradingo - Pros and Cons

	Fyers	Tradingo
Pros	Free equity delivery trades and thematic investments. No brokerage for this segment. Very low brokerage charges of maximum Rs 20 per trade. Free account opening. No software charges. State of art trading platforms. Thematic investment is available Refer your friends and earn 20% of the revenues generated by your friends, for life!	Discount stock broker. Offer margin funding and higher exposure. 3 different trading platforms: ODIN, NSE Now, JUSTRADE Online IPO and Mutual Funds available. Free trading software Branches in 80+ cities.
Cons	Depository services are offered through another company (IL&FS). Higher demat charges.	Call & trade is changed Rs 20 extra. Doesn't offer 3-in-1 account Charge annual maintenance change on demat account.
Reviews		Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers. Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges Rs 20 per order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per trade or 0.05% (whichever is lower) for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.
Promo / Offers	Fyers Special Offer Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O. Brokerage-free Direct Mutual Fund investment. Trade with one of the best trading platforms in India. This is a limited-time offer. Open FREE Fyers Account online and start trading today.	Tradingo Special Offer Rs 20 per executed order or 2.5% (whichever is lower) on Equity Delivery and pay Rs 20 per executed order or 0.05% (whichever is lower) brokerage for Intraday and F&O trades. Click here to open an account with Tradingo
	Open Fyers Account	Open Tradingo Account