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Karvy vs Fyers – Compare Brokerage Charges, Demat Account & more

Last Updated Date - Oct 14, 2022

Here is a detailed comparison of Karvy vs Fyers. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Karvy & 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.

Karvy vs Fyers

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 Karvy & Fyers comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare FyersKarvy

Overview of Karvy & Fyers

Overview Karvy Fyers
Company Type Private Private
Broker Type Full Service Broker Discount Broker
Headquarters Hyderabad, India Bangalore, Karnataka
Founder C Parthasarathy Tejas Khoday, Shreyas Khodey & Yashas Khodey
Established Year 1983 2015

Karvy vs Fyers Customer Ratings Comparison

Customer Ratings Karvy Fyers
Experience 6.0/10 3.0/10
Products & Services 6.5/10 8.5/10
Brokerage Charges & Fees 7.0/10 5.9/10
Stock Research & Advisory 6.7/10 6.0/10
Trading Platforms 6.5/10 5.6/10
Overall Ratings 6.5/10 5.7/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 1265 123

Karvy vs Fyers Demat Account Comparison

Demat Services Karvy Fyers
Depository Source CDSL CDSL & NSDL
Account Opening Charges Free Free
Demat AMC Charges Rs.500 per Annum 1st Year Free & Rs.300 per Annum
Trading AMC Charges Free Free
Margin Money Zero to Rs.1 lakh Zero Margin
Offline to Online S R

Fyers vs Karvy Brokerage Charges Comparison

Brokerage Charge & Fees Karvy Fyers
Equity Delivery Trading 0.1% – 0.3% Free
Equity Intraday Trading 0.01% – 0.03% 0.01% or Rs.20 per Executed order
Commodity Options Trading 0.01% – 0.03% 0.01% or Rs.20 per Executed order
Equity Futures Trading 0.01% – 0.03% 0.01% or Rs.20 per Executed order
Equity Options Trading Rs.10 – Rs.30 per lot Rs.20 per executed order
Currency Futures Trading 0.01% – 0.03% 0.01% or Rs.20 per Executed order
Currency Options Trading Rs.10 – Rs.30 per lot Rs.20 per executed order
Minimum Brokerage Percentage of Transaction Rs.20 per executed order
Demat AMC Charges Rs.500 per annum Free for 1st year & Rs.300
Trading AMC Charges Free Free
Margin Money Zero to Rs.1 lakh Zero Margin
Brokerage Calculator Karvy Brokerage Calculator Fyers Brokerage Calculator

Fyers & Karvy Other Charges Comparison

Other Charges Karvy Fyers
Transaction Charges 0.00325% of Total Turnover 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 & Karvy Offers

Offers Karvy Fyers
Free Demat Account R R
Free Trading Account S R
Discount on Brokerage S R
Trading Happy Hours S S
Flexible Brokerage Plans R S
1 Month Brokerage Free S S
Holiday Offers S S
Referral Offers S S
Zero Brokerage for Loss Making Trades S S

Compare Services of Karvy vs Fyers

Services Karvy 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 R S
Robo Advisory S S
PMS R S
Trading Institution S S
Trading Exposure Upto 20x Upto 5X

Compare Fyers & Karvy Research & Advisory

Research & Advisory Karvy Fyers
Fundamental Reports R S
Research Reports R S
Company Reports R S
Annual Reports R S
Company Stock Review R S
Free Stock Tips S R
IPO Reports R S
Top Picks S S
Daily Market Review S S
Monthly Reports R S
Weekly Reports R S
Offline Advisory R S
Relationship Manager R S

Karvy vs Fyers Exposure/Leverage

Exposure / Leverage Karvy Fyers
Equity Delivery Upto 10x Upto 2X
Equity Intraday Upto 20x Upto 5X
Equity Futures Upto 10x Upto 4X
Equity Options Upto 15x Upto 5X
Currency Futures Upto 12x Upto 3X
Currency Options Upto 10x Upto 3X
Commodities Upto 12x Upto 3X
Margin Calculator Karvy Margin Calculator Fyers Margin Calculator

Karvy vs Fyers Product Comparison

Products Karvy 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 S S

Karvy vs Fyers Trading Platform Comparison

Trading Platforms Karvy Fyers
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform R 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 R S
Easy Installation R R
Global Indices R R
Stock Tips R S
Personalized Advisory R S
Interactive Charts R R
Live Markets R R
SMS Alerts R S
Email Alerts R R
Multi Account Management R S

Karvy vs Fyers Customer Support

Customer Support Karvy Fyers
Dedicated Dealer R 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 1800 419 8283 S
Branches 110 No Branch

Karvy vs Fyers Customer Complaints

Complaints (Current Year) Karvy Fyers
Lodged in BSE 210 45
Resolved in BSE 185 40
Lodged in NSE 165 64
Resolved in NSE 143 58

Compare Karvy with other Brokers & Fyers with other Brokers


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