Zerodha vs Fyers
Comparison of charges, features, and platform quality. Both Zerodha and Fyers 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 Zerodha and Fyers are top-rated Discount brokers.
Zerodha Wins on:
Best For BeginnersBetter choice if you prioritize zero brokerage on equity delivery and need #1 broker, low charges.
Fyers Wins on:
Best For IntradayBetter choice if you prioritize excellent charting (tradingview) and need tradingview, charting.
At a Glance Comparison
| Feature | | |
|---|---|---|
| Broker Type | Discount | Discount |
| Account Opening | ₹200 | ₹0 (Free) |
| AMC (Yearly) | ₹300/year | ₹300/year |
| Equity Delivery | ₹0 (Free) | ₹0 |
| Intraday Tradng | ₹20 or 0.03% | ₹20 |
| Active Clients | 60 Lakhs+ | 4 Lakhs+ |
| Rating | 4.8 | 4.4 |
| Best For | Beginners, Investors, Options | Intraday, Options |
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Brokerage Charges Explained
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.
Fyers Fees
For equity delivery, ₹0 applies. If you trade Intraday, you pay ₹20 per order.
This makes it suitable for frequent traders.
Trading Platform & App
ZerodhaZerodha's platform is known for being comprehensive. It is generally considered very easy to learn.
FyersFyers's platform focuses on research and data. Users find it powerful for detailed tracking.
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.
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.
Pros & Cons Comparison
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
Fyers
Advantages
- Excellent Charting (TradingView)
- Drag and drop trading
- Community driven features
Disadvantages
- Back office reports can be better
- Occasional login issues
