Here is a detailed comparison of Choice Broking vs Fyers. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Choice Broking & Fyers will help you choose a better company that will fulfill the requirements for trading and investment purposes.
Both of these Stock Broking companies are providing wide range of products and services to the investors.
Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.
This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.
In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:
- Overview
- Customer Ratings
- Demat Account
- Research & Advisory
- Brokerage Charges & Fees
- Other Charges
- Services
- Products
- Exposure/Leverage
- Trading Platform
- Offers
- Customer Support
- Complaints
Compare Stock Brokers
This Choice Broking & Fyers comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s compare Choice Broking & Fyers
Overview of Choice Broking & Fyers |
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| Overview | Choice Broking | Fyers |
| Company Type | Private | Private |
| Broker Type | Full Service Broker | Discount Broker |
| Headquarters | Mumbai, Maharashtra | Bangalore, Karnataka |
| Founder | Kamal Poddar | Tejas Khoday, Shreyas Khodey & Yashas Khodey |
| Established Year | 1992 | 2015 |
Choice Broking vs Fyers Customer Ratings Comparison |
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| Customer Ratings | Choice Broking | Fyers |
| Experience | 5.8/10 | 3.0/10 |
| Products & Services | 6.8/10 | 8.5/10 |
| Brokerage Charges & Fees | 6.2/10 | 5.9/10 |
| Stock Research & Advisory | 6.6/10 | 6.0/10 |
| Trading Platforms | 5.8/10 | 5.6/10 |
| Overall Ratings | 6.4/10 | 5.7/10 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
| Total Client Reviews | 152 | 123 |
Choice Broking vs Fyers Demat Account Comparison |
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| Demat Services | Choice Broking | Fyers |
| Depository Source | CDSL & NSDL | CDSL & NSDL |
| Account Opening Charges | Rs.250 | Free |
| Demat AMC Charges | Free | 1st Year Free & Rs.300 per Annum |
| Trading AMC Charges | Free | Free |
| Margin Money | Minimum Rs.5,000 | Zero Margin |
| Offline to Online | R | R |
Fyers vs Choice Broking Brokerage Charges Comparison |
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| Brokerage Charge & Fees | Choice Broking | Fyers |
| Equity Delivery Trading | 0.33% | Free |
| Equity Intraday Trading | 0.03% | 0.01% or Rs.20 per Executed order |
| Commodity Options Trading | 0.03% | 0.01% or Rs.20 per Executed order |
| Equity Futures Trading | 0.03% | 0.01% or Rs.20 per Executed order |
| Equity Options Trading | Rs.20 per Lot | Rs.20 per executed order |
| Currency Futures Trading | 0.03% | 0.01% or Rs.20 per Executed order |
| Currency Options Trading | Rs.30 per Lot | Rs.20 per executed order |
| Minimum Brokerage | Percentage of Transaction | Rs.20 per executed order |
| Demat AMC Charges | Free | Free for 1st year & Rs.300 |
| Trading AMC Charges | Free | Free |
| Margin Money | Minimum Rs.5,000 | Zero Margin |
| Brokerage Calculator | Choice Broking Brokerage Calculator | Fyers Brokerage Calculator |
Fyers & Choice Broking Other Charges Comparison |
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| Other Charges | Choice Broking | Fyers |
| Transaction Charges | 0.0000285 | 0.00275% of Total Turnover |
| STT | 0.0126% of Total Turnover | 0.0126% of Total Turnover |
| SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover |
| Stamp Duty | Depends on State (very minimal) | Depends on State (very minimal) |
| GST | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) |
Compare Fyers & Choice Broking Offers |
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| Offers | Choice Broking | Fyers |
| Free Demat Account | R | R |
| Free Trading Account | R | R |
| Discount on Brokerage | R | R |
| Trading Happy Hours | S | S |
| Flexible Brokerage Plans | S | S |
| 1 Month Brokerage Free | R | S |
| Holiday Offers | S | S |
| Referral Offers | R | S |
| Zero Brokerage for Loss Making Trades | S | S |
Compare Services of Choice Broking vs Fyers |
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| Services | Choice Broking | Fyers |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Account | S | S |
| Intraday Services | R | R |
| IPO Services | R | R |
| Stock Recommendations | S | S |
| Robo Advisory | S | S |
| PMS | S | S |
| Trading Institution | S | S |
| Trading Exposure | Upto 5X | Upto 5X |
Compare Fyers & Choice Broking Research & Advisory |
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| Research & Advisory | Choice Broking | Fyers |
| Fundamental Reports | S | S |
| Research Reports | S | S |
| Company Reports | S | S |
| Annual Reports | S | S |
| Company Stock Review | S | S |
| Free Stock Tips | R | R |
| IPO Reports | R | S |
| Top Picks | R | S |
| Daily Market Review | R | S |
| Monthly Reports | R | S |
| Weekly Reports | R | S |
| Offline Advisory | R | S |
| Relationship Manager | R | S |
Choice Broking vs Fyers Exposure/Leverage |
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| Exposure / Leverage | Choice Broking | Fyers |
| Equity Delivery | Upto 3X | Upto 2X |
| Equity Intraday | Upto 5X | Upto 5X |
| Equity Futures | Upto 1X | Upto 4X |
| Equity Options | Upto 5X | Upto 5X |
| Currency Futures | Upto 2X | Upto 3X |
| Currency Options | Upto 6X | Upto 3X |
| Commodities | Upto 1X | Upto 3X |
| Margin Calculator | Choice Broking Margin Calculator | Fyers Margin Calculator |
Choice Broking vs Fyers Product Comparison |
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| Products | Choice Broking | Fyers |
| Equity Trading | R | R |
| Commodity Trading | R | R |
| Currency Trading | R | R |
| Options | R | R |
| Futures | R | R |
| Mutual Funds | R | R |
| Forex | S | S |
| Banking | S | S |
| SIP | R | R |
| Insurance | R | S |
Choice Broking vs Fyers Trading Platform Comparison |
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| Trading Platforms | Choice Broking | Fyers |
| Desktop Platform – Windows | R | R |
| Desktop Platform – Mac | R | R |
| Desktop Browser Platform | S | R |
| Mobile Site Platform | S | R |
| Android App Platform | R | R |
| iOS App Platform | R | R |
| Windows App Platform | S | S |
| Other Mobile OS Platform | S | S |
| Real time Updates | R | R |
| Portfolio Details | R | R |
| Online MF Buy | R | R |
| News Flash | R | R |
| Research Reports | S | S |
| Easy Installation | S | R |
| Global Indices | R | R |
| Stock Tips | R | S |
| Personalized Advisory | S | S |
| Interactive Charts | S | R |
| Live Markets | R | R |
| SMS Alerts | S | S |
| Email Alerts | R | R |
| Multi Account Management | S | S |
Choice Broking vs Fyers Customer Support |
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| Customer Support | Choice Broking | Fyers |
| Dedicated Dealer | S | S |
| Offline Trading | R | S |
| Online Trading | R | R |
| 24*7 Support | S | S |
| Email Support | R | R |
| Chat Support | S | S |
| Toll Free Number | S | S |
| Branches | 480 | No Branch |
Choice Broking vs Fyers Customer Complaints |
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| Complaints (Current Year) | Choice Broking | Fyers |
| Lodged in BSE | 2 | 45 |
| Resolved in BSE | 2 | 40 |
| Lodged in NSE | 15 | 64 |
| Resolved in NSE | 15 | 58 |
Compare Choice Broking with other Brokers & Fyers with other Brokers
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