About Mirae Asset Sharekhan
Established in 2000, Mirae Asset Sharekhan (formerly known as Sharekhan) is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), Sharekhan App an... 
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 2000, Mirae Asset Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India.
| Mirae Asset Sharekhan | Fyers | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | 2000 | 2015 |
| Number of Branches | 2800 | 2 |
| Open Fyers Account |
Mirae Asset Sharekhan trading account opening charges is Rs 0 (Free) while Fyers account opening changes is Rs 0 (Free). Mirae Asset Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime).
| Mirae Asset Sharekhan | 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 400 (Free for 1st year) | Rs 0 (Free AMC for Lifetime) |
Mirae Asset Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share 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 | Mirae Asset Sharekhan Classic Account | Fyers Flat Fee Brokerage Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.30% on market rate or minimum 1 paisa per share | 0.03% or Rs 20, whichever is lower |
| Equity Intraday | 0.02% on market rate or minimum 1 paisa per share | 0.03% or Rs 20, whichever is lower |
| Equity Futures | 0.02% per transaction value | 0.03% or Rs 20, whichever is lower |
| Equity Options | Rs 39 per lot | Rs 20 per executed order |
| Currency Futures | 0.02% per transaction value | 0.03% or Rs 20, whichever is lower |
| Currency Options | Rs 5 per lot | Rs 20 per executed order |
| Commodity Futures | 0.02% | 0.03% or Rs 20, whichever is lower |
| Commodity Options | Rs 20 per lot | Rs 20 per executed order |
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account 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. |
| Mirae Asset Sharekhan | Fyers | |
|---|---|---|
| Account Type | Prepaid - Rs 1 Lakh | Flat Fee Brokerage Plan |
| Fixed Charges | Rs 1,00,000 per year | NA |
| Equity Delivery | 0.10% | 0.03% or Rs 20, whichever is lower |
| Equity Intraday | 0.015% | 0.03% or Rs 20, whichever is lower |
| Equity Futures | 0.015% | 0.03% or Rs 20, whichever is lower |
| Equity Options | 0.05% or Rs 63 per lot | Rs 20 per executed order |
| Currency Futures | 0.02% per transaction value | 0.03% or Rs 20, whichever is lower |
| Currency Options | Rs 5 per lot | Rs 20 per executed order |
| Commodity Futures | 0.02% | 0.03% or Rs 20, whichever is lower |
| Commodity Options | Rs 20 per lot | Rs 20 per executed order |
| Open Fyers Account |
| Mirae Asset Sharekhan | Fyers | |
|---|---|---|
| Account Type | Margin - Rs 1 Lakh | Flat Fee Brokerage Plan |
| Fixed Charges | Rs 1,00,000 margin | NA |
| Equity Delivery | 0.25% | 0.03% or Rs 20, whichever is lower |
| Equity Intraday | 0.05% | 0.03% or Rs 20, whichever is lower |
| Equity Futures | 0.05% | 0.03% or Rs 20, whichever is lower |
| Equity Options | 1% or Rs 70 per lot | Rs 20 per executed order |
| Currency Futures | 0.02% per transaction value | 0.03% or Rs 20, whichever is lower |
| Currency Options | Rs 5 per lot | Rs 20 per executed order |
| Commodity Futures | 0.02% | 0.03% or Rs 20, whichever is lower |
| Commodity Options | Rs 20 per lot | Rs 20 per executed order |
| Open Fyers Account |
| Minimum Brokerage | Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share | 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 20 | Rs 50 per trade |
| Open Fyers Account |
Mirae Asset Sharekhan 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.
| Mirae Asset Sharekhan | 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 Fyers Account |
The trading platforms offered Mirae Asset Sharekhan include TradeTiger, Sharekhan Mobile. Fyers offers Fyers App, Fyers Web, Fyers Next trading software.
| Mirae Asset Sharekhan | Fyers | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | TradeTiger, Sharekhan Mobile | Fyers App, Fyers Web, Fyers Next |
| Intraday Square-off Time | 3:30 PM | 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Pattern finder, Class room training | API Trading, Algo Trading and Insta Options is available, which is designed for options traders. |
| Open Fyers Account |
Mirae Asset Sharekhan is rated of 5 based on 316 customer reviews whereas Fyers is rated of 5 based on 38 customer reviews.
| Mirae Asset Sharekhan | Fyers | |
|---|---|---|
316 Customer Reviews  | 38 Customer Reviews | |
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| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  | |
| Research Capabilities |  |  |
| Overall Rating | | |
| Broker Rating | Mirae Asset Sharekhan is Rated 3.3 / 5 based on 316 customer reviews | Fyers is Rated 3.0 / 5 based on 38 customer reviews |
| Mirae Asset Sharekhan | Fyers | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account 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. |
| Mirae Asset Sharekhan | Fyers | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Mirae Asset Sharekhan | Fyers | |
|---|---|---|
| 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 |
| Mirae Asset Sharekhan | Fyers | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Mirae Asset Sharekhan | Fyers | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| 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 Fyers Account |
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