Here is a detailed comparison of Mastertrust vs Fyers. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Mastertrust & 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 Mastertrust & Fyers comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s compare Fyers & Mastertrust
Overview of Nirmal Bang & Fyers |
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| Overview | Nirmal Bang | Fyers |
| Company Type | Private | Private |
| Broker Type | Full Service Broker | Discount Broker |
| Headquarters | Mumbai, India | Bangalore, Karnataka |
| Founder | Nirmal Bang | Tejas Khoday, Shreyas Khodey & Yashas Khodey |
| Established Year | 1986 | 2015 |
Nirmal Bang vs Fyers Customer Ratings Comparison |
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| Customer Ratings | Nirmal Bang | Fyers |
| Experience | 6.5/10 | 3.0/10 |
| Products & Services | 6.2/10 | 8.5/10 |
| Brokerage Charges & Fees | 6.7/10 | 5.9/10 |
| Stock Research & Advisory | 6.0/10 | 6.0/10 |
| Trading Platforms | 6.5/10 | 5.6/10 |
| Overall Ratings | 6.4/10 | 5.7/10 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
| Total Client Reviews | 355 | 123 |
Nirmal Bang vs Fyers Demat Account Comparison |
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| Demat Services | Nirmal Bang | Fyers |
| Depository Source | CDSL | CDSL & NSDL |
| Account Opening Charges | Zero | Free |
| Demat AMC Charges | Rs.200 | 1st Year Free & Rs.300 per Annum |
| Trading AMC Charges | Free | Free |
| Margin Money | Minimum Rs.10,000 | Zero Margin |
| Offline to Online | R | R |
Fyers vs Nirmal Bang Brokerage Charges Comparison |
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| Brokerage Charge & Fees | Nirmal Bang | Fyers |
| Equity Delivery Trading | 0.20% | Free |
| Equity Intraday Trading | 0.02% | 0.01% or Rs.20 per Executed order |
| Commodity Options Trading | NA | 0.01% or Rs.20 per Executed order |
| Equity Futures Trading | 0.02% | 0.01% or Rs.20 per Executed order |
| Equity Options Trading | Rs.35 per Lot | Rs.20 per executed order |
| Currency Futures Trading | 0.02% | 0.01% or Rs.20 per Executed order |
| Currency Options Trading | Rs.20 per Lot | Rs.20 per executed order |
| Minimum Brokerage | Percentage of Transacton | Rs.20 per executed order |
| Demat AMC Charges | Rs.200 | Free for 1st year & Rs.300 |
| Trading AMC Charges | Free | Free |
| Margin Money | Minimum Rs.10,000 | Zero Margin |
| Brokerage Calculator | Nirmal Bang Brokerage Calculator | Fyers Brokerage Calculator |
Fyers & Nirmal Bang Other Charges Comparison |
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| Other Charges | Nirmal Bang | Fyers |
| Transaction Charges | 0.00390% 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 & Nirmal Bang Offers |
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| Offers | Nirmal Bang | Fyers |
| Free Demat Account | R | R |
| Free Trading Account | R | R |
| Discount on Brokerage | R | R |
| Trading Happy Hours | S | S |
| Flexible Brokerage Plans | R | S |
| 1 Month Brokerage Free | S | S |
| Holiday Offers | R | S |
| Referral Offers | S | S |
| Zero Brokerage for Loss Making Trades | S | S |
Compare Services of Nirmal Bang vs Fyers |
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| Services | Nirmal Bang | 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 10x | Upto 5X |
Compare Fyers & Nirmal Bang Research & Advisory |
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| Research & Advisory | Nirmal Bang | Fyers |
| Fundamental Reports | S | S |
| Research Reports | R | 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 | S | S |
| Weekly Reports | S | S |
| Offline Advisory | R | S |
| Relationship Manager | R | S |
Nirmal Bang vs Fyers Exposure/Leverage |
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| Exposure / Leverage | Nirmal Bang | Fyers |
| Equity Delivery | Upto 3x | Upto 2X |
| Equity Intraday | Upto 10x | Upto 5X |
| Equity Futures | Upto 4x | Upto 4X |
| Equity Options | Upto 5x | Upto 5X |
| Currency Futures | Upto 3x | Upto 3X |
| Currency Options | Upto 2x | Upto 3X |
| Commodities | Upto 3x | Upto 3X |
| Margin Calculator | Nirmal Bang Margin Calculator | Fyers Margin Calculator |
Nirmal Bang vs Fyers Product Comparison |
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| Products | Nirmal Bang | Fyers |
| Equity Trading | R | R |
| Commodity Trading | R | R |
| Currency Trading | R | R |
| Options | R | R |
| Futures | R | R |
| Mutual Funds | R | R |
| Forex | R | S |
| Banking | S | S |
| SIP | R | R |
| Insurance | R | S |
Nirmal Bang vs Fyers Trading Platform Comparison |
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| Trading Platforms | Nirmal Bang | Fyers |
| Desktop Platform – Windows | R | R |
| Desktop Platform – Mac | R | R |
| Desktop Browser Platform | R | R |
| Mobile Site Platform | S | R |
| Android App Platform | R | R |
| iOS App Platform | S | 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 | R | R |
| Global Indices | R | R |
| Stock Tips | S | S |
| Personalized Advisory | S | S |
| Interactive Charts | R | R |
| Live Markets | R | R |
| SMS Alerts | S | S |
| Email Alerts | R | R |
| Multi Account Management | S | S |
Nirmal Bang vs Fyers Customer Support |
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| Customer Support | Nirmal Bang | Fyers |
| Dedicated Dealer | R | S |
| Offline Trading | R | S |
| Online Trading | R | R |
| 24*7 Support | S | S |
| Email Support | S | R |
| Chat Support | S | S |
| Toll Free Number | S | S |
| Branches | 50 | No Branch |
Nirmal Bang vs Fyers Customer Complaints |
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| Complaints (Current Year) | Nirmal Bang | Fyers |
| Lodged in BSE | 64 | 45 |
| Resolved in BSE | 64 | 40 |
| Lodged in NSE | 91 | 64 |
| Resolved in NSE | 91 | 58 |
Compare Mastertrust with other Brokers & Fyers with other Brokers
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