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HomeStock BrokerAngel One vs Fyers

Angel One vs Fyers

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

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...

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 ...

Side-by-Side Compare Table

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

Detailed Comparison

Basic Details

Angel OneFyers
  • •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
  • •Broker Type: Discount broker
  • •Founded: 2015
  • •SEBI Registration: INZ000008524
  • •NSE Member Code: 90061
  • •Net Worth: Rs 175.61 Cr

Charges & AMC

Angel OneFyers
  • •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)
  • •Trading and Demat Account Opening: Rs 0
  • •Trading AMC: Rs 0 (lifetime as stated)
  • •Demat AMC: Rs 0 (lifetime as stated)

Brokerage

Angel OneFyers
  • •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
  • •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

Other Charges

Angel OneFyers
  • •Statutory charges apply: STT, exchange charges, GST, SEBI charges, stamp duty.
  • •Call and trade attracts additional fee.
  • •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.

Leverage (Margin)

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

Features

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

Trading Platforms

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

Reviews & Ratings

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

Investment Options

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

Order Types Offered

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

Suitable For (Investor Type)

Angel OneFyers
  • •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.
  • •Active traders focused on low brokerage and platform tools.
  • •Users who prefer in-house charting and options strategy interfaces.

Pros and Cons

Angel OneFyers
  • •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.
  • •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.

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.

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