Here is a detailed comparison of Way2Wealth vs Fyers. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Way2Wealth & 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 Way2Wealth & Fyers comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s compare Fyers & Way2Wealth
Overview of Way2Wealth & Fyers |
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| Overview | Way2Wealth | Fyers |
| Company Type | Private | Private |
| Broker Type | Full Service Broker | Discount Broker |
| Headquarters | Bangalore, Karnataka | Bangalore, Karnataka |
| Founder | V.G. Siddhartha | Tejas Khoday, Shreyas Khodey & Yashas Khodey |
| Established Year | 1984 | 2015 |
Way2Wealth vs Fyers Customer Ratings Comparison |
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| Customer Ratings | Way2Wealth | Fyers |
| Experience | 4.4/10 | 3.0/10 |
| Products & Services | 5.3/10 | 8.5/10 |
| Brokerage Charges & Fees | 6.4/10 | 5.9/10 |
| Stock Research & Advisory | 5.2/10 | 6.0/10 |
| Trading Platforms | 5.2/10 | 5.6/10 |
| Overall Ratings | 5.3/10 | 5.7/10 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
| Total Client Reviews | 119 | 123 |
Way2Wealth vs Fyers Demat Account Comparison |
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| Demat Services | Way2Wealth | Fyers |
| Depository Source | CDSL & NSDL | 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 | Zero Margin | Zero Margin |
| Offline to Online | R | R |
Fyers vs Way2Wealth Brokerage Charges Comparison |
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| Brokerage Charge & Fees | Way2Wealth | Fyers |
| Equity Delivery Trading | 0.1% – 0.4% | Free |
| Equity Intraday Trading | 0.01% – 0.04% | 0.01% or Rs.20 per Executed order |
| Commodity Options Trading | 0.01% – 0.04% | 0.01% or Rs.20 per Executed order |
| Equity Futures Trading | 0.01% – 0.04% | 0.01% or Rs.20 per Executed order |
| Equity Options Trading | Rs.20 – Rs.70 per Lot | Rs.20 per executed order |
| Currency Futures Trading | 0.01% – 0.04% | 0.01% or Rs.20 per Executed order |
| Currency Options Trading | Rs.10 – Rs.40 per Lot | Rs.20 per executed order |
| Minimum Brokerage | Customizable | Rs.20 per executed order |
| Demat AMC Charges | Rs 242 per Annum | Free for 1st year & Rs.300 |
| Trading AMC Charges | Free | Free |
| Margin Money | Minimum 10,000 | Zero Margin |
| Brokerage Calculator | Way2Wealth Brokerage Calculator | Fyers Brokerage Calculator |
Fyers & Way2Wealth Other Charges Comparison |
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| Other Charges | Way2Wealth | 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 & Way2Wealth Offers |
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| Offers | Way2Wealth | 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 | R | S |
| Zero Brokerage for Loss Making Trades | S | S |
Compare Services of Way2Wealth vs Fyers |
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| Services | Way2Wealth | 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 | R | S |
| PMS | R | S |
| Trading Institution | S | S |
| Trading Exposure | Upto 6x | Upto 5X |
Compare Fyers & Way2Wealth Research & Advisory |
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| Research & Advisory | Way2Wealth | 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 | 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 |
Way2Wealth vs Fyers Exposure/Leverage |
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| Exposure / Leverage | Way2Wealth | Fyers |
| Equity Delivery | Upto 2X | Upto 2X |
| Equity Intraday | Upto 6X | Upto 5X |
| Equity Futures | Upto 2X | Upto 4X |
| Equity Options | Upto 4X | Upto 5X |
| Currency Futures | Upto 2X | Upto 3X |
| Currency Options | Upto 2X | Upto 3X |
| Commodities | Upto 2X | Upto 3X |
| Margin Calculator | Way2Wealth Margin Calculator | Fyers Margin Calculator |
Way2Wealth vs Fyers Product Comparison |
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| Products | Way2Wealth | 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 |
Way2Wealth vs Fyers Trading Platform Comparison |
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| Trading Platforms | Way2Wealth | 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 | 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 |
Way2Wealth vs Fyers Customer Support |
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| Customer Support | Way2Wealth | 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 | S | S |
| Branches | 180 | No Branch |
Way2Wealth vs Fyers Customer Complaints |
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| Complaints (Current Year) | Way2Wealth | Fyers |
| Lodged in BSE | 128 | 45 |
| Resolved in BSE | 128 | 40 |
| Lodged in NSE | 196 | 64 |
| Resolved in NSE | 196 | 58 |
Compare Way2Wealth with other Brokers & Fyers with other Brokers
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