Fyers vs Zerodha
Comparison of charges, features, and platform quality. Both Fyers and Zerodha are popular choices, but they cater to slightly different types of investors. Let's see which platform offers better value for your trading style.
Our Verdict
Both Fyers and Zerodha are top-rated Discount brokers.
Fyers Wins on:
Best For IntradayBetter choice if you prioritize excellent charting (tradingview) and need tradingview, charting.
Zerodha Wins on:
Best For BeginnersBetter choice if you prioritize zero brokerage on equity delivery and need #1 broker, low charges.
At a Glance Comparison
| Feature | | |
|---|---|---|
| Broker Type | Discount | Discount |
| Account Opening | ₹0 (Free) | ₹200 |
| AMC (Yearly) | ₹300/year | ₹300/year |
| Equity Delivery | ₹0 | ₹0 (Free) |
| Intraday Tradng | ₹20 | ₹20 or 0.03% |
| Active Clients | 4 Lakhs+ | 60 Lakhs+ |
| Rating | 4.4 | 4.8 |
| Best For | Intraday, Options | Beginners, Investors, Options |
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Brokerage Charges Explained
Fyers Fees
For equity delivery, ₹0 applies. If you trade Intraday, you pay ₹20 per order.
This makes it suitable for frequent traders.
Zerodha Fees
For equity delivery, ₹0 (Free) applies. If you trade Intraday, you pay ₹20 or 0.03% per order.
This makes it suitable for investors.
Trading Platform & App
FyersFyers's platform is known for being comprehensive. It is generally considered robust for advanced analysis.
ZerodhaZerodha's platform focuses on research and data. Users find it extremely beginner friendly.
Choose Fyers if:
- You are looking for the best platform for Intraday.
- You are looking for the best platform for Options.
- You prefer tradingview features.
Choose Zerodha if:
- You are looking for the best platform for Beginners.
- You are looking for the best platform for Investors.
- You are looking for the best platform for Options.
- You prefer #1 broker features.
Pros & Cons Comparison
Fyers
Advantages
- Excellent Charting (TradingView)
- Drag and drop trading
- Community driven features
Disadvantages
- Back office reports can be better
- Occasional login issues
Zerodha
Advantages
- Zero brokerage on equity delivery
- Most reliable trading platform (Kite)
- No spam calls or pushy sales
Disadvantages
- No monthly unlimited brokerage plan
- Frequent tech glitches in volatile markets
- Customer support can be slow
