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)... ![]()
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 ... ![]()
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 38 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 | |
|---|---|---|
| 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 | |
|---|---|---|
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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 |