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About Indiabulls Securities
Incorporated on October 30, 2003, Indiabulls Securities Limited (ISL), formerly known as Dhani Stocks Limited, is registered with SEBI as both a Stock Broker (INZ000036136) and a Depository Participant (IN-DP-423-2019).
Indiabulls Securities Limited offers the user-friendly yet powerful and feature-rich online trading platforms (Power Indiabulls Desktop software, Web and Indiabulls Securities App).
ISL offers a wide range of financial and investment services tailored to meet the needs of individ... 
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. ...
Incorporated in 2003, Indiabulls Securities is a Discount Broker. It offers trading at BSE, NSE and MCX. It has branches across India. Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India.
| Indiabulls Securities | Fyers | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE and MCX | BSE, NSE, MCX |
| Year of Incorporation | 2003 | 2015 |
| Number of Branches | 2 | |
| Open Indiabulls Securities Account | Open Fyers Account |
Indiabulls Securities trading account opening charges is Free (NIL) while Fyers account opening changes is Rs 0 (Free). Indiabulls Securities Demat Account AMC Charges is Rs 300 and Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime).
| Indiabulls Securities | Fyers | |
|---|---|---|
| Trading Account Opening Charges | Free (NIL) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free AMC for Lifetime) | |
| Demat Account Opening Charges | Free (NIL) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 300 | Rs 0 (Free AMC for Lifetime) |
Indiabulls Securities brokerage charges for equity is Rs 11 per order or 2.5% whichever is lower and intraday is Rs 11 per order or 2.5% whichever is lower 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 | Indiabulls Securities Flat Fee Plan | Fyers Flat Fee Brokerage Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 11 per order or 2.5% whichever is lower | 0.03% or Rs 20, whichever is lower |
| Equity Intraday | Rs 11 per order or 2.5% whichever is lower | 0.03% or Rs 20, whichever is lower |
| Equity Futures | Rs 11 per Executed order | 0.03% or Rs 20, whichever is lower |
| Equity Options | Rs 11 per Executed order | Rs 20 per executed order |
| Currency Futures | Rs 11 per Executed order | 0.03% or Rs 20, whichever is lower |
| Currency Options | Rs 11 per Executed order | Rs 20 per executed order |
| Commodity Futures | Rs 11 per Executed order | 0.03% or Rs 20, whichever is lower |
| Commodity Options | Rs 11 per Executed order | Rs 20 per executed order |
| Special Offer | Special Offer: Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities.
Open an instant account (FREE) with Indiabulls Securities 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. |
| Minimum Brokerage | Rs 11 | 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) | |
| Call & Trade Charges | Rs 50 | Rs 50 per trade |
| Open Indiabulls Securities Account | Open Fyers Account |
Indiabulls Securities 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.
| Indiabulls Securities | 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 Indiabulls Securities Account | Open Fyers Account |
The trading platforms offered Indiabulls Securities include Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls. Fyers offers Fyers App, Fyers Web, Fyers Next trading software.
| Indiabulls Securities | Fyers | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls | Fyers App, Fyers Web, Fyers Next |
| Intraday Square-off Time | 3:15 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 Indiabulls Securities Account | Open Fyers Account |
Indiabulls Securities is rated of 5 based on 50 customer reviews whereas Fyers is rated of 5 based on 37 customer reviews.
| Indiabulls Securities | Fyers | |
|---|---|---|
50 Customer Reviews  | 37 Customer Reviews | |
| Fees |  | |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  |  |
| Overall Rating | | |
| Broker Rating | Indiabulls Securities is Rated 3.2 / 5 based on 50 customer reviews | Fyers is Rated 2.9 / 5 based on 37 customer reviews |
| Indiabulls Securities | Fyers | |
|---|---|---|
| Contact Broker | Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities.
Open an instant account (FREE) with Indiabulls Securities 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. |
| Indiabulls Securities | Fyers | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Indiabulls Securities | Fyers | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Indiabulls Securities Account | Open Fyers Account |
| Indiabulls Securities | Fyers | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Indiabulls Securities | Fyers | |
|---|---|---|
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| Promo / Offers | Indiabulls Securities Special Offer₹11 brokerage on trades across all segments
Open your instant Indiabulls account online and start trading today. | Fyers Special OfferFree Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. |
| Open Indiabulls Securities Account | Open Fyers Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Indiabulls Securities Account
