Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
ProStocksUpstoxPaytmFyers5PaisaTradeSmartAlice Bluem.StockINDmoneyMonarch NetworthShare.Market (PhonePe)Indiabulls SecuritiesFirstockThe side-by-side comparison of Zerodha and Fyers NRI Account. Compare Zerodha Vs Fyers NRI Account brokerage charges, exposure margin, demat account and AMC. Read Fyers and Zerodha NRI Account reviews.
Find out Zerodha Vs Fyers which is better NRI Trading Account. See Zerodha Vs Fyers which is best NRI Demat Account.
Our Zerodha comparison with Fyers Securities Ltd highlights the major differences between two brokers. Find the best between Zerodha and Fyers NRI Account.
| Zerodha | Fyers | |
|---|---|---|
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| About the Broker | Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account... | Fyers is an online stock broker in India. Fyers offers regulated stock broking platforms that operate under SEBI and Stock Exchanges regulations and guidelines.
It offers a 2-in-1 account combining trading and demat accounts with trading in Equity d... |
| Account Type | NRI Account | NRI Account |
| Special Offer | Special Offer: Invest with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha and start trading today. | 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 | Fyers | |
|---|---|---|
| NRI Account Opening Fees | ₹500 | Free |
| NRI Account AMC | ₹0 | Free |
| NRI Demat Account Opening Fees | Rs 0 | Rs 0 (Free) |
| NRI Demat Account AMC | Rs 300 | Rs 0 (Free AMC for Lifetime) |
| PIS Account AMC | NA | NA |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open Zerodha Account | Open Fyers Account |
| Account Type | Zerodha NRI Account | Fyers NRI Account |
|---|---|---|
| Equity Delivery | ₹100 per trade (non-PIS), ₹200 per trade (PIS) | ₹50 and 0.5% for other services |
| Equity Futures | ₹100 per trade (non-PIS), ₹200 per trade (PIS) | ₹50 per traded order |
| Equity Options | ₹100 per trade (non-PIS), ₹200 per trade (PIS) | ₹50 per traded order |
| Open Zerodha Account | Open Fyers Account |
| Contract Note Reporting Charges | NA | NA |
| Other Brokerage Charges | Demat Account AMC: ₹300 yearly | |
| TDS Charges on Long Term Gain (Holding > 365 Days) | 11.96% | 11.96% |
| TDS Charges on Short Term Gain (Holding <= 365 Days) | 17.94% | 17.94% |
| Zerodha | Fyers | |
|---|---|---|
| Securities Transaction Tax (STT) |
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| Exchange Transaction Charges | Check Exchange Transaction Fee | |
| SEBI Charges | 0.00005% (₹5/Crore) | 0.00005% (₹5/Crore) |
| Goods and Services Tax (GST) | 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges) |
| Stamp Duty | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. | 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. |
| Zerodha Margin | Fyers Margin | |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Futures | 1x | 1x |
| Equity Options | 1x | 1x |
1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage. | ||
| Zerodha | Fyers | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | ||
| Open Zerodha Account | Open Fyers Account |
| Zerodha Review | Fyers Review | |
|---|---|---|
491 Customer Reviews  | 37 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform | |  |
| Customer Service | |  |
| Overall Rating | | |
| Broker Rating | Zerodha is Rated 3.6 / 5 based on 491 customer reviews | Fyers is Rated 2.9 / 5 based on 37 customer reviews |
| Open Zerodha Account | Open Fyers Account |
| Zerodha Enquire | Zerodha Enquire | |
|---|---|---|
| Contact Broker | Invest with zero brokerage in Equity Delivery and Direct Mutual Funds. Pay a flat ₹20 per trade for Intraday and F&O. Open an instant account (FREE) with Zerodha and start trading today. | 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 | Fyers | |
|---|---|---|
| Stocks |  | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options |
| Zerodha | Fyers | |
|---|---|---|
| Customer Care Number | +91 80 4718 1888 | 080-45699999 |
| Customer Care Email | nridesk@zerodha.com | support@fyers.in |
| Open Zerodha Account | Open Fyers Account |
| Zerodha | Fyers | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Zerodha | Fyers | |
|---|---|---|
| Pros |
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| Cons |
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Conclusion | Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs. | Fyers is a good option for NRIs who want to invest in the stock market and mutual funds in India. It has a Zero account opening and AMC charges. It offers a convenient way to invest with low brokerage charges. Fyers NRI account opening contact number - 080-45699999 and Fyers NRI account opening email ID - support@fyers.in. |
| Promo / Offers | ZerodhaSpecial OfferFree Stock Trading and Mutual Funds
Limited-time offer! | FyersSpecial OfferFree Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. |
| Open Zerodha Account | Open Fyers Account |
Fyers and Zerodha are both online discount brokers. They offer similar services and have the same brokerage rates. They both are technology-focused brokers. Zerodha is the largest discount broker while Fyers is carving out its own niche in the market. Both companies are transparent with their pricing and work towards gaining customer confidence.
| Zerodha | Fyers |
|---|---|
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Zerodha doesn't offer Installable Trading Terminal. |
Fyers offer an installable trading terminal. It is in-house build software which is among the best in industry. |
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Zerodha offers API though an add-on service Streak which is charged extra. |
Fyers offers API Bridge for Algo trading. |
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Zerodha is offering brokerage services since 2010. |
Fyers offering services since 2015. |
For casual investors, Zerodha and Fyers are almost the same. Both offer free equity delivery and Rs 20 per order on other types of trades. Zerodha offers Varsity, an online investor education platform to learn and sharpen your trading knowledge.
Zerodha has a slight advantage over Fyers for its long industry experience and ability to handle lakhs of customers.
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