Fyers vs Angel One | Broker Comparison

Fyers vs Angel One

Side-by-side view of features, pricing context, and platform fit.

Fyers

Fyers

Active Clients: 2,00,780

Established in 2015, Fyers Securities is a Bangalore-based online discount stock brokerage firm. Fyers facilitates trading in Equity Cash, F&O, and Currency Derivatives segments. The term FYERS stands for "Focus Your ...

Angel One

Angel One

Active Clients: 67,45,594

Established in 1987, Angel One is one of India's largest full-service retail brokers, also providing discount-style online brokerage plans. The brokerage firm offers stock and commodity trading, investment advisory se...

Side-by-Side Compare Table

Category	Fyers	Angel One
Basic Details	•Broker Type: Discount broker •Founded: 2015	•Broker Type: Full-service broker with discount-style pricing plans •Founded: 1987
Charges & AMC	•Trading and Demat Account Opening: Rs 0 •Trading AMC: Rs 0 (lifetime as stated)	•Account Opening: Nil in promoted offer periods •Demat/AMC: Often free for first year in offer windows
Brokerage	•Equity Delivery: Rs 20 or 0.03% (whichever is lower) •Equity Intraday: Rs 20 or 0.03% (whichever is lower)	•Equity Delivery: Flat Rs 20 or 0.1% (whichever is lower) •Equity Intraday: Flat Rs 20 or 0.3% (whichever is lower)
Other Charges	•Call and Trade: additional charge (referenced as Rs 50/order) •Admin square-off charges may apply for auto close positions.	•Statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty. •Call and trade attracts additional fee.
Leverage (Margin)	•Margin products include MTF offerings in promotional messaging. •Practical leverage and margin depend on segment, risk, and exchange norms.	•Intraday equity leverage can go up to around 5x on eligible stocks. •F&O margins follow exchange and risk norms.
Features	•In-house built trading stack. •Insta Options for strategy building and payoff analysis.	•ARQ advisory engine for idea support. •Large branch and partner network.
Trading Platforms	•Fyers App (mobile) •Fyers Web	•Angel One App (mobile) •Angel One Trade (web)
Reviews & Ratings	•Marketed as a low-brokerage technology-first platform. •In this source extract, a single numeric overall rating is not prominently presented.	•Overall rating reference seen in source: 2.7/5 (partial table snapshot).
Investment Options	•Equity cash •F&O	•Equity •Commodity
Order Types Offered	•Standard equity and derivatives order types •Intraday and delivery order handling	•Standard market and limit orders •Intraday and delivery order flows
Suitable For (Investor Type)	•Active traders focused on low brokerage and platform tools. •Users who prefer in-house charting and options strategy interfaces.	•Users wanting a mix of full-service support and flat-fee trading. •Traders who value research and advisory touchpoints.
Pros and Cons	•Pros: •Very competitive flat-fee structure.	•Pros: •Strong brand history and physical support network.

Detailed Comparison

Basic Details

Fyers	Angel One
•Broker Type: Discount broker •Founded: 2015 •SEBI Registration: INZ000008524 •NSE Member Code: 90061 •Net Worth: Rs 175.61 Cr	•Broker Type: Full-service broker with discount-style pricing plans •Founded: 1987 •SEBI Registration: INZ000161534 •NSE Member Code: 12798 •Net Worth: Rs 4620.22 Cr

Charges & AMC

Fyers	Angel One
•Trading and Demat Account Opening: Rs 0 •Trading AMC: Rs 0 (lifetime as stated) •Demat AMC: Rs 0 (lifetime as stated)	•Account Opening: Nil in promoted offer periods •Demat/AMC: Often free for first year in offer windows •Call and Trade: Charged separately (commonly Rs 20 per trade)

Brokerage

Fyers	Angel One
•Equity Delivery: Rs 20 or 0.03% (whichever is lower) •Equity Intraday: Rs 20 or 0.03% (whichever is lower) •Futures: Rs 20 or 0.03% (whichever is lower) •Options: Flat Rs 20 per executed order	•Equity Delivery: Flat Rs 20 or 0.1% (whichever is lower) •Equity Intraday: Flat Rs 20 or 0.3% (whichever is lower) •Equity F&O: Flat Rs 20 •Currency F&O: Flat Rs 20 •Commodity F&O: Flat Rs 20

Other Charges

Fyers	Angel One
•Call and Trade: additional charge (referenced as Rs 50/order) •Admin square-off charges may apply for auto close positions. •Usual statutory charges apply across segments.	•Statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty. •Call and trade attracts additional fee.

Leverage (Margin)

Fyers	Angel One
•Margin products include MTF offerings in promotional messaging. •Practical leverage and margin depend on segment, risk, and exchange norms.	•Intraday equity leverage can go up to around 5x on eligible stocks. •F&O margins follow exchange and risk norms.

Features

Fyers	Angel One
•In-house built trading stack. •Insta Options for strategy building and payoff analysis. •Low-cost fixed brokerage proposition.	•ARQ advisory engine for idea support. •Large branch and partner network. •Research plus advisory ecosystem. •Unified web, mobile, and desktop access.

Trading Platforms

Fyers	Angel One
•Fyers App (mobile) •Fyers Web •Fyers One desktop terminal	•Angel One App (mobile) •Angel One Trade (web) •Angel SpeedPro (desktop terminal)

Reviews & Ratings

Fyers	Angel One
•Marketed as a low-brokerage technology-first platform. •In this source extract, a single numeric overall rating is not prominently presented.	•Overall rating reference seen in source: 2.7/5 (partial table snapshot).

Investment Options

Fyers	Angel One
•Equity cash •F&O •Currency derivatives •Mutual funds (direct)	•Equity •Commodity •Currency •F&O •Mutual funds •Other distributed financial products

Order Types Offered

Fyers	Angel One
•Standard equity and derivatives order types •Intraday and delivery order handling •Option strategy workflow through Insta Options tools	•Standard market and limit orders •Intraday and delivery order flows •Call-and-trade assisted orders

Suitable For (Investor Type)

Fyers	Angel One
•Active traders focused on low brokerage and platform tools. •Users who prefer in-house charting and options strategy interfaces.	•Users wanting a mix of full-service support and flat-fee trading. •Traders who value research and advisory touchpoints. •Investors preferring both online and assisted channels.

Pros and Cons

Fyers	Angel One
•Pros: •Very competitive flat-fee structure. •Lifetime-free account opening and AMC in listed plan context. •Strong options/trader-focused tooling. •Cons: •Assisted channels (call and trade/admin square-off) add extra charges. •Product breadth is narrower than some full-service bank-backed brokers.	•Pros: •Strong brand history and physical support network. •Discount-style flat brokerage in key segments. •Advisory and research stack available. •Cons: •Some plan terms and margin products can be complex for beginners. •Extra operational charges apply for selected assisted services.

Final Note

Use this side-by-side comparison as a starting point and verify the latest brokerage and compliance details on official broker pages before taking decisions.