Canara Bank vs Fyers Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of Canara Bank vs Fyers Securities 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 Canara Bank and Fyers Securities.

Background

Year of Incorporation 1996 2015
Website https://www.canmoney.in/ https://fyers.in/
Phone 1800-22-0369 080 - 46251111
Exchanges enabled BSE, NSE, NCDEX, ICEX, MCX NSE, BSE
Demat (NSDL/CDSL) CDSL and NSDL NSDL- Partnership with ILFS
Brokerage

Equity 0.35% for Delivery & 0.04% for Intraday Rs 20 or 0.03% per executed order
Equity Futures 0.04% Rs 20 or 0.03% per executed order
Equity Options Rs.50 per Lot Rs 20 per executed order
Currency Futures 0.04% Not Available
Currency Options Rs.50 per Lot Not Available
Commodity Rs.50 per Lot Not Available
Account Opening Costs

Trading only Free Rs 0
Trading & Demat Free Rs 0
Commodity Free Not Available
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% 0.00325%
Futures 0.00325% 0.00325%
Options 0.00325% 0.059%
Commodities 0.00325% Not Available
AMC charge Rs.500 per Annum Rs 0
DP Transaction Charge Rs 9 + GST Rs 12.5
Offline order placing Charge Rs 20 per executed order 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 30 days
End of Day 5 Years 3 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 2x for Delivery & Upto 6x for Intraday 10x for Intraday
Equity Futures Upto 3X 1x for Intraday
Equity Options Upto 5X 1x for Intraday
Currency Futures Upto 2X Not Available
Currency Options Upto 2X Not Available
Commodity Upto 2X Not Available
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 3283 Crores Rs 69.96 Crores
Profit after Tax FY12/13 Rs 2872 Crores Rs 67.66 Crores
Profit after Tax FY13/14 Rs 2438 Crores Rs 81.10 Crores
Profit after Tax FY 14/15 Rs 2703 Crores Rs 85.14 Crores
Profit after Tax FY 15/16 Rs (2813) Crores Rs 88.10 Crores
Profit after Tax FY 16/17 Rs 1122 Crores Rs 93.07 Crores
Profit after Tax FY 17/18 Rs (4222) Crores Rs 117.25 Crores
Profit after Tax FY 18/19 Rs 347 Crores Rs 150.90 Crores
Profit after Tax FY 19/20 Rs (2236) Crores Rs 168.07 Crores
Profit after Tax FY 20/21 Rs 4406.07 Crores Rs 181.00 Crores
Profit after Tax FY 21/22 Rs 5464.49 Crores Rs 209.41 Crores
Profit after Tax FY 22/23 Rs 7518.54 Crores Rs 240.05 Crores
Debt FY11/12 Rs 4.7 Lakhs Rs 44.07 Crores
Debt FY12/13 Rs 5.2 Lakhs Rs 56.54 Crores
Debt FY13/14 Rs 5.6 Lakhs Rs 74.13 Crores
Debt FY14/15 Rs 6.1 Lakhs Rs 80.25 Crores
Debt FY15/16 Rs 6.8 Lakhs Rs 99.03 Crores
Debt FY16/17 Rs 7.2 Lakhs Rs 140.14 Crores
Debt FY17/18 Rs 8.3 Lakhs Rs 147.26 Crores
Debt FY18/19 Rs 7.9 Lakhs Rs 152.85 Crores
Debt FY19/20 Rs 9.4 Lakhs Rs 160.05 Crores
Debt FY20/21 Rs 9.9 Lakhs Rs 180.76 Crores
Debt FY21/22 Rs 10 Lakhs Rs 193.25 Crores
Debt FY22/23 Rs 4.7 Lakhs Rs 221.34 Crores
Profit to Equity(%) FY11/12 74.10 19.94%
Profit to Equity(%) FY12/13 64.83 12.64%
Profit to Equity(%) FY13/14 54.48 16.81%
Profit to Equity(%) FY14/15 11.06 14.28%
Profit to Equity(%) FY15/16 (10.69) 25.66%
Profit to Equity(%) FY16/17 4.15 19.07%
Profit to Equity(%) FY17/18 (16.74) 19.14%
Profit to Equity(%) FY18/19 1.40 20.91%
Profit to Equity(%) FY19/20 (8.05) 29.50%
Profit to Equity(%) FY20/21 6.71 30.98%
Profit to Equity(%) FY21/22 12.82 30.64%
Profit to Equity(%) FY22/23 19.49 22.10%
Balance Sheet Size FY11/12 Rs 156538,78.76 Rs 529.97 Crores
Balance Sheet Size FY12/13 Rs 182468,06,75 Crores Rs 625.93 Crores
Balance Sheet Size FY13/14 Rs 583519 44 35 Crores Rs 687.42 Crores
Balance Sheet Size FY14/15 Rs 583519 44 35 Crores Rs 733.53 Crores
Balance Sheet Size FY15/16 Rs 583519 44 35 Crores Rs 892.33 Crores
Balance Sheet Size FY16/17 Rs 583519 44 35 Crores Rs 936.51 Crores
Balance Sheet Size FY17/18 Rs 616886 10 48 Crores Rs 1055.90 Crores
Balance Sheet Size FY18/19 Rs 694766 69 05 Crores Rs 1135.48 Crores
Balance Sheet Size FY19/20 Rs 723874 74 53 Crores Rs 1240.20 Crores
Balance Sheet Size FY20/21 Rs 1027147 88 07 Crores Rs 1233.51 Crores
Balance Sheet Size FY21/22 Rs 1228104 88 07 Crores Rs 1270.30 Crores
Balance Sheet Size FY22/23 Rs 1345732 24 75 Crores Rs 1334.81 Crores

Comparison Link:

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Frequently Asked Questions

Is Canara Bank better than Fyers Securities ?

Canara Bank and Fyers Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Fyers Securities better than Canara Bank ?

Canara Bank and Fyers Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Canara Bank cheaper than Fyers Securities ?

Canara Bank and Fyers Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Fyers Securities cheaper than Canara Bank ?

Canara Bank and Fyers Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Canara Bank vs. Fyers Securities ?

To find out the better of the two stockbrokers Canara Bank and Fyers Securities, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.