5paisa Vs Fyers (Compare 5paisa and Fyers)

5paisa Vs Fyers

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 1 branches across India. Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India.

	5paisa	Fyers
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	NSE, BSE	BSE, NSE, MCX
Year of Incorporation	1996	2015
Number of Branches	1	2
	Open 5paisa Account	Open Fyers Account

5paisa Vs Fyers Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while Fyers account opening changes is Rs 0 (Free). 5paisa Demat Account AMC Charges is Rs 300 (₹75 charged quarterly) and Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime).

	5paisa	Fyers
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free AMC for Lifetime)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 300 (₹75 charged quarterly)	Rs 0 (Free AMC for Lifetime)

5paisa Vs Fyers Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas 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.

Account Type	5paisa Regular Account Plan	Fyers Flat Fee Brokerage Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per executed order	0.03% or Rs 20, whichever is lower
Equity Intraday	Rs 20 per executed order	0.03% or Rs 20, whichever is lower
Equity Futures	Rs 20 per executed order	0.03% or Rs 20, whichever is lower
Equity Options	Rs 20 per executed order	Rs 20 per executed order
Currency Futures	Rs 20 per executed order	0.03% or Rs 20, whichever is lower
Currency Options	Rs 20 per executed order	Rs 20 per executed order
Commodity Futures	Rs 20 per executed order	0.03% or Rs 20, whichever is lower
Commodity Options	Rs 20 per executed order	Rs 20 per executed order
Special Offer	Special Offer: ₹0 Account Opening| ₹20/order – Equity Delivery, Intraday, Futures & Options | ₹0 Commission on Mutual Funds Open Instant Account with 5paisa	Special Offer: ₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments Open FREE Fyers Demat Account

5paisa Vs Fyers Leverage (Margin)

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

	5paisa	Fyers
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 5paisa Account	Open Fyers Account

Compare 5paisa and Fyers Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Fyers offers Fyers App, Fyers Web, Fyers Next trading software.

	5paisa	Fyers
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	5paisa Trade Station (Web, Mobile App and EXE)	Fyers App, Fyers Web, Fyers Next
Intraday Square-off Time	Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM	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.
	Open 5paisa Account	Open Fyers Account

5paisa Vs Fyers Review

5paisa is rated of 5 based on 97 customer reviews whereas Fyers is rated of 5 based on 39 customer reviews.

	5paisa	Fyers
	97 Customer Reviews	39 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	5paisa is Rated 2.6 / 5 based on 97 customer reviews	Fyers is Rated 2.9 / 5 based on 39 customer reviews