Fyers vs MStock – Compare Charges, Trading Features, Offers & more

Find a Comparison of Fyers vs MStock here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Fyers and MStock.

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Fyers vs MStock – Company Overview

Company Overview Fyers MStock
Company Type Private Private
Headquarters Bangalore Mumbai
Founder Tejas Khoday, Shreyas Khodey & Yashas Khodey Park Hyeon-Joo
Establishment Year 2015 1997

Compare the Brokerage of Fyers and MStock

Brokerage Fyers MStock
Brokerage Plan Standard Plan Zero Delivery Plan
Subscription Charges Zero Zero
Equity Delivery Free Free
Equity Intraday Rs.20 per Trade or 0.03% (whichever is Low) Rs.20 per Trade
Equity Future Rs.20 per Trade or 0.03% (whichever is low) Rs.20 per Trade
Equity Option Rs.20 per Trade Rs.20 per Trade
Commodity Future Rs.20 per Trade or 0.03% (whichever is low) NA
Commodity Option Rs.20 per Trade NA
Currency Future Rs.20 per Trade or 0.03% (whichever is low) Rs.20 per Trade
Currency Option Rs.20 per Trade Rs.20 per Trade

Fyers vs MStock – Trading Platforms

Trading Platforms Fyers MStock
Android App Fyers Android App Link MStock Android App Link
iOS App Fyers iOS App Link MStock iOS App Link
Web Trading Platform Fyers Web Trading Link MStock Web Trading Link
Trading Terminal Available NA
Algo Trading Platform Available NA
Foreign Stocks Trading Platform NA NA
Basket Trading Platform Available NA
Mutual Fund Investment Platform Available Available
Digital Gold Investment Platform NA NA
Bonds Investment Platform NA NA

Comparison of Fyers and MStock – Trading Features

Trading Features Fyers MStock
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details No Yes
Online MF Buy No Yes
Research Reports Yes No
Global indices No No
Customised Recommendations Yes No
Stock tips Yes Yes
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management No No
Robust & Secure Platform Yes Yes

Compare Fyers vs MStock Offers

Offers Fyers MStock
Free Account Opening Yes No
Free AMC Yes No
Free Brokerage Yes, Limited Yes, Limited
Flat Brokerage Yes Yes
Flexible Brokerage Plans No Yes
Happy Trading Hours No No
Free Delivery Trading Yes Yes
Free Intraday Trading No Yes, Limited
Free F&O Trading No Yes, Limited
Free Research Reports No Yes
Free Trading calls No Yes
Referral Offers 20% of Revenue Upto Rs.500 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

Fyers vs MStock – Products Provided

Products Provided Fyers MStock
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option Yes No
Commodity Future Yes No
Currency Option Yes Yes
Currency Future Yes Yes
Foreign Stocks No No
Mutual Funds Yes Yes
Banking No No
Insurance No No
Corporate Bonds No No
Govt. Bonds Yes No
Digital Gold No No

Fyers vs MStock – Services Provided

Services Provided Fyers MStock
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes Yes
3 in 1 Account No No
Stock Research No Yes
Stock Recommendations No Yes
Trading Institution Yes, School of Stocks No
Share Pledging Yes Yes
PMS or PCG No No
NRI Services No No

Compare Fyers and MStock Advisory

Advisory Fyers MStock
Fundamental Reports Yes No
Research Reports Yes, chargeable No
Company Reports Yes, chargeable No
Annual Reports No No
IPO Reports No No
Technical Reports No No
Stock Tips Yes, chargeable Yes
Daily Top Stock Picks Yes, chargeable Yes
Daily Market Review Yes, chargeable Yes
Monthly Review No Yes
Weekly Review Yes, chargeable Yes
Relationship Manager No No
Robo Advisory No No

Comparison of Fyers and MStock Exposure

Exposure Fyers MStock
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1x
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Compare Programs of Fyers & MStock

Programs Fyers MStock
Sub Broker Program Yes, Limited Yes, Limited
Partner Program Yes Yes, Limited
Referral Program Yes Yes

Fyers vs MStock – Ratings by Finec

Ratings Fyers MStock
Overall Rating 8.20 / 10 7.28 / 10
Customer Support 8.16 / 10 7.25 / 10
Technology 8.29 / 10 7.37 / 10
Charges 8.23 / 10 7.31 / 10
Products & Service 8.15 / 10 7.24 / 10
Experience 8.13 / 10 7.22 / 10

Compare Customer Support of Fyers and MStock

Customer Support Fyers MStock
Trading Support Available, Chargeable Available, Chargeable
Dedicated Dealer NA Available, Chargeable
Call Support 080-60001111 1800-2100-818
Email Support support@fyers.in help@mstock.com
Whatsapp Support NA NA
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support Telegram Support Link NA
Branches / Offices NA NA

Comparison of Fyers & MStock Complaints

Complaints Fyers MStock
Total Complaints Lodged 132 113
Total Complaints Resolved 118 101
% of Resolved Complaints 89.39% 89.38%
Non Actionable Complaints 10 6
% of Non Actionable Complaints 7.58% 5.31%

Compare Demat Charges of Fyers vs MStock

Demat Charges Fyers MStock
Account Opening Charges Free Rs.149
Annual Maintenance Charges (AMC) Free (limited period offer) Rs.999

Fyers vs MStock – Compare STT & CTT

STT & CTT Fyers MStock
Equity Delivery 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday 0.025% on sell 0.025% on sell
Equity Future 0.0125% on sell 0.0125% on sell
Equity Option 0.0625% on sell (on premium) 0.0625% on sell (on premium)
Commodity Future 0.01% on sell (Non-Agri) 0.01% on sell (Non-Agri)
Commodity Option 0.05% on sell 0.05% on sell
Currency Future Nil Nil
Currency Option Nil Nil

Compare Stamp Duty of Fyers and MStock

Stamp Duty Fyers MStock
Equity Delivery 0.015% on buy 0.015% on buy
Equity Intraday 0.003% on buy 0.003% on buy
Equity Future 0.002% on buy 0.002% on buy
Equity Option 0.003% on buy 0.003% on buy
Commodity Future 0.002% on buy 0.002% on buy
Commodity Option 0.003% on buy 0.003% on buy
Currency Future 0.0001% on buy 0.0001% on buy
Currency Option 0.0001% on buy 0.0001% on buy

Fyers vs MStock – Transaction Charges

Transaction Charges Fyers MStock
Equity Delivery 0.00325% (NSE) 0.00375% (BSE) 0.00325% (NSE) & 0.00375% (BSE)
Equity Intraday 0.00325% (NSE) 0.00375% (BSE) 0.00325% (NSE) & 0.00375% (BSE)
Equity Future 0.0019% (NSE & BSE) 0.0019% (NSE & BSE)
Equity Option 0.05% (on premium) 0.05% (on premium)
Commodity Future 0.0026% (Non-Agri) NA
Commodity Option 0.05% (Non Agri) NA
Currency Future 0.0009% (NSE) 0.0009% (NSE)
Currency Option 0.035% (NSE) 0.035% (NSE)

Compare Pledge Charges of Fyers & MStock

Pledge Charges Fyers MStock
Pledge Creation Charges Nil Rs.32 per Request
Pledge Invocation Charges Nil Rs.32 per Request
Interest on Margin Trading Nil 0.05% per day

Comparison of Fyers and MStock – Hidden Charge

Hidden Charge Fyers MStock
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.15 per Scrip on Sell Rs.12 per Scrip on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Nil Nil
Reactivation Charges Nil Nil
Dematerialisation Charges Nil Rs.150 per Certificate
Call & Trade Charges Rs.50 per Trade Free

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