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 ... 
About Tradingo
Tradingo is an online trading platform, powered by Swastika Investmart Limited (SEBI Reg. No. : INZ000192732), a traditional brokerage company and financial service provider since 1992. Tradingo is a discount broker that offers transparent and affordable brokerage services to customers who want to trade in the Indian stock market. They allow people to trade online with the help of a broker, ensuri...
Incorporated in 2015, Fyers is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 2 branches across India. Incorporated in 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.
| Fyers | Tradingo | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE, MCX | NSE, BSE, MCX and NCDEX |
| Year of Incorporation | 2015 | 2016 |
| Number of Branches | 2 | |
| Open Fyers Account |
Fyers trading account opening charges is Rs 0 (Free) while Tradingo account opening changes is Rs 0 (Free). Fyers Demat Account AMC Charges is Rs 0 (Free AMC for Lifetime) and Tradingo Demat Account AMC Charges is Rs 250 +GST (From 2nd Year).
| Fyers | Tradingo | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free AMC for Lifetime) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 0 (Free AMC for Lifetime) | Rs 250 +GST (From 2nd Year) |
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 whereas Tradingo brokerage charges for equity is Rs 20 per trade or 2.5% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower).
| Account Type | Fyers Flat Fee Brokerage Plan | Tradingo Discount Broking Plan |
|---|---|---|
| Fixed Charges | NA | Nil |
| Equity Delivery | 0.03% or Rs 20, whichever is lower | Rs 20 per trade or 2.5% (whichever is lower) |
| Equity Intraday | 0.03% or Rs 20, whichever is lower | Rs 20 per trade or 0.05% (whichever is lower) |
| Equity Futures | 0.03% or Rs 20, whichever is lower | Rs 20 per trade or 0.05% (whichever is lower) |
| Equity Options | Rs 20 per executed order | Rs 20 per executed order |
| Currency Futures | 0.03% or Rs 20, whichever is lower | Rs 20 per trade or 0.05% (whichever is lower) |
| Currency Options | Rs 20 per executed order | Rs 20 per executed order |
| Commodity Futures | 0.03% or Rs 20, whichever is lower | Rs 20 per trade or 0.05% (whichever is lower) |
| Commodity Options | Rs 20 per executed order | Rs 20 per executed order |
| Special Offer | 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 (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. |
| Fyers | Tradingo | |
|---|---|---|
| Account Type | Flat Fee Brokerage Plan | Premium Plan |
| Fixed Charges | NA | Nil |
| Equity Delivery | 0.03% or Rs 20, whichever is lower | 0.3% of trade value |
| Equity Intraday | 0.03% or Rs 20, whichever is lower | 0.03% of trade value |
| Equity Futures | 0.03% or Rs 20, whichever is lower | 0.03% of trade value |
| Equity Options | Rs 20 per executed order | Rs 30 per lot |
| Currency Futures | 0.03% or Rs 20, whichever is lower | 0.3% of trade value |
| Currency Options | Rs 20 per executed order | Rs 30 per lot |
| Commodity Futures | 0.03% or Rs 20, whichever is lower | 0.3% of trade value |
| Commodity Options | Rs 20 per executed order | Rs 30 per lot |
| Open Fyers Account |
| Minimum Brokerage | Intra-day: 0.03% or Rs 20, whichever is lower | Rs 0 |
| Other Charges | Square-off by Fyers - Rs 50 per trade, NRI Brokerage: Rs 50 (equity delivery) | Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day) |
| Call & Trade Charges | Rs 50 per trade | Additional Rs 20 per executed order |
| Open Fyers Account |
Fyers margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradingo margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Fyers | Tradingo | |
|---|---|---|
| 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 Fyers include Fyers App, Fyers Web, Fyers Next. Tradingo offers Tradingo, Justrade trading software.
| Fyers | Tradingo | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Fyers App, Fyers Web, Fyers Next | Tradingo, Justrade |
| Intraday Square-off Time | 3:15 PM | Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes |
| 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 Fyers Account |
Fyers is rated of 5 based on 38 customer reviews whereas Tradingo is rated of 5 based on 6 customer reviews.
| Fyers | Tradingo | |
|---|---|---|
38 Customer Reviews  | 6 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  |  |
| Overall Rating | |  |
| Broker Rating | Fyers is Rated 3.0 / 5 based on 38 customer reviews | Tradingo is Rated 4.0 / 5 based on 6 customer reviews |
| Fyers | Tradingo | |
|---|---|---|
| Contact Broker | 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. | 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. |
| Fyers | Tradingo | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Fyers | Tradingo | |
|---|---|---|
| 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 |
| Fyers | Tradingo | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Fyers | Tradingo | |
|---|---|---|
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| Reviews | Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers. Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges Rs 20 per order or 2.5% (whichever is lower) on Equity Delivery trades and Rs 20 per trade or 0.05% (whichever is lower) for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost. | |
| Promo / Offers | Fyers Special OfferFree Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Fyers Account |
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