Tradesmart Online vs Fyers Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of Tradesmart Online 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 Tradesmart Online and Fyers Securities.

Background

Year of Incorporation 2015 2015
Website https://tradesmartonline.in/ https://fyers.in/
Phone 022-61208000 080 - 46251111
Exchanges enabled NSE, BSE NSE, BSE
Demat (NSDL/CDSL) CDSL NSDL- Partnership with ILFS
Brokerage

Equity Rs 15 or 0.07% per executed order Rs 20 or 0.03% per executed order
Equity Futures Rs 15 or 0.07% per executed order Rs 20 or 0.03% per executed order
Equity Options Rs 7 per lot Rs 20 per executed order
Currency Futures R15 or 0.07% of Turnover Not Available
Currency Options Rs 7 per lot Not Available
Commodity Rs 7 per lot Not Available
Account Opening Costs

Trading only Rs 400 Rs 0
Trading & Demat Rs 400 Rs 0
Commodity NA Not Available
Transparency & other costs

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

Equity 0.0035% of Turnover 0.00325%
Futures 0.0024% of Turnover 0.00325%
Options 0.0715% of Premium Turnover 0.059%
Commodities NA Not Available
AMC charge Rs 300/yr Rs 0
DP Transaction Charge Rs 15/debit instruction Rs 12.5
Offline order placing Charge Rs 20/executed order 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 days on NOW 30 days
End of Day 10 days on NOW 3 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 5x for intraday 10x for Intraday
Equity Futures 2x for intraday 1x for Intraday
Equity Options No Margin 1x for Intraday
Currency Futures 2x for intraday Not Available
Currency Options No Margin Not Available
Commodity 1x 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 4 Lakhs Rs 69.96 Crores
Profit after Tax FY12/13 Rs 17 Lakhs Rs 67.66 Crores
Profit after Tax FY13/14 Rs 23 Lakhs Rs 81.10 Crores
Profit after Tax FY 14/15 Rs 23.14 Lakh Rs 85.14 Crores
Profit after Tax FY 15/16 Rs 33.53 Lakh Rs 88.10 Crores
Profit after Tax FY 16/17 Rs 35.78 Lakh Rs 93.07 Crores
Profit after Tax FY 17/18 Rs 38.81 Lakh Rs 117.25 Crores
Profit after Tax FY 18/19 Rs 40.22 Lakh Rs 150.90 Crores
Profit after Tax FY 19/20 Rs 46.22 Lakh Rs 168.07 Crores
Profit after Tax FY 20/21 Rs 49.57 Lakh Rs 181.00 Crores
Profit after Tax FY 21/22 Rs 54.47 Lakh Rs 209.41 Crores
Profit after Tax FY 22/23 Rs 66.68 Lakh Rs 240.05 Crores
Debt FY11/12 Rs 8.7 Lakhs Rs 44.07 Crores
Debt FY12/13 Rs 6 Lakhs Rs 56.54 Crores
Debt FY13/14 Rs 3.05 Crores Rs 74.13 Crores
Debt FY14/15 Rs 4.69 Crore Rs 80.25 Crores
Debt FY15/16 Rs 4.26 Crore Rs 99.03 Crores
Debt FY16/17 Rs 3.27 Crore Rs 140.14 Crores
Debt FY17/18 Rs 4.20 Crore Rs 147.26 Crores
Debt FY18/19 Rs 4.03 Crore Rs 152.85 Crores
Debt FY19/20 Rs 4.04 Crore Rs 160.05 Crores
Debt FY20/21 Rs 4.77 Crore Rs 180.76 Crores
Debt FY21/22 Rs 4.07 Crore Rs 193.25 Crores
Debt FY22/23 Rs 3.81 Crore Rs 221.34 Crores
Profit to Equity(%) FY11/12 0.99 19.94%
Profit to Equity(%) FY12/13 2.63 12.64%
Profit to Equity(%) FY13/14 3.54 16.81%
Profit to Equity(%) FY14/15 7.67 14.28%
Profit to Equity(%) FY15/16 5.79 25.66%
Profit to Equity(%) FY16/17 5.11 19.07%
Profit to Equity(%) FY17/18 8.16 19.14%
Profit to Equity(%) FY18/19 5.10 20.91%
Profit to Equity(%) FY19/20 8.87 29.50%
Profit to Equity(%) FY20/21 5.50 30.98%
Profit to Equity(%) FY21/22 7.42 30.64%
Profit to Equity(%) FY22/23 6.08 22.10%
Balance Sheet Size FY11/12 Rs 9.26 Crores Rs 529.97 Crores
Balance Sheet Size FY12/13 Rs 9.28 Crores Rs 625.93 Crores
Balance Sheet Size FY13/14 Rs 22.35 Crores Rs 687.42 Crores
Balance Sheet Size FY14/15 Rs 24.88 Crore Rs 733.53 Crores
Balance Sheet Size FY15/16 Rs 27.85 Crore Rs 892.33 Crores
Balance Sheet Size FY16/17 Rs 43.79 Crore Rs 936.51 Crores
Balance Sheet Size FY17/18 Rs 38.20 Crore Rs 1055.90 Crores
Balance Sheet Size FY18/19 Rs 31.09 Crore Rs 1135.48 Crores
Balance Sheet Size FY19/20 Rs 45.13 Crore Rs 1240.20 Crores
Balance Sheet Size FY20/21 Rs 36.75 Crore Rs 1233.51 Crores
Balance Sheet Size FY21/22 Rs 42.25 Crore Rs 1270.30 Crores
Balance Sheet Size FY22/23 Rs 23.91 Crore Rs 1334.81 Crores

Comparison Link:

Compare Tradesmart Online Compare Fyers Securities
Tradesmart Online Vs Punch Trade Fyers Securities Vs Punch Trade
Tradesmart Online Vs BlinkX Fyers Securities Vs BlinkX
Tradesmart Online Vs Lemonn Fyers Securities Vs Lemonn
Tradesmart Online Vs Mandot Securities Fyers Securities Vs Mandot Securities
Tradesmart Online Vs HDFC Sky Fyers Securities Vs HDFC Sky
Tradesmart Online Vs Dhan Fyers Securities Vs Dhan
Tradesmart Online Vs Goodwill Wealth Fyers Securities Vs Goodwill Wealth
Tradesmart Online Vs Shoonya by Finvasia Fyers Securities Vs Shoonya by Finvasia
Tradesmart Online Vs NJ Wealth Fyers Securities Vs NJ Wealth
Tradesmart Online Vs Paytm Money Fyers Securities Vs Paytm Money
Tradesmart Online Vs Globe Capital Fyers Securities Vs Globe Capital
Tradesmart Online Vs Finvasia Fyers Securities Vs Finvasia
Tradesmart Online Vs Cholamandalam Securities Fyers Securities Vs Cholamandalam Securities
Tradesmart Online Vs Canara Bank Fyers Securities Vs Canara Bank
Tradesmart Online Vs Axis Direct Fyers Securities Vs Axis Direct
Tradesmart Online Vs Alice Blue Fyers Securities Vs Alice Blue
Tradesmart Online Vs 5Paisa Fyers Securities Vs 5Paisa
Tradesmart Online Vs M.stock Fyers Securities Vs M.stock
Tradesmart Online Vs WisdomCapital Fyers Securities Vs WisdomCapital
Tradesmart Online Vs Way2wealth Fyers Securities Vs Way2wealth
Tradesmart Online Vs Ventura Securities Fyers Securities Vs Ventura Securities
Tradesmart Online Vs Navia Markets Ltd Fyers Securities Vs Navia Markets Ltd
Tradesmart Online Vs Tradejini Fyers Securities Vs Tradejini
Tradesmart Online Vs Tata Securities Fyers Securities Vs Tata Securities
Tradesmart Online Vs Swastika Investmart Fyers Securities Vs Swastika Investmart
Tradesmart Online Vs SMC Global Fyers Securities Vs SMC Global
Tradesmart Online Vs SBICAP Securities Fyers Securities Vs SBICAP Securities
Tradesmart Online Vs SASOnline Fyers Securities Vs SASOnline
Tradesmart Online Vs Samco securities Fyers Securities Vs Samco securities
Tradesmart Online Vs RK Global Fyers Securities Vs RK Global
Tradesmart Online Vs Reliance Securities Fyers Securities Vs Reliance Securities
Tradesmart Online Vs Nirmal Bang Fyers Securities Vs Nirmal Bang
Tradesmart Online Vs Master Trust Capital Fyers Securities Vs Master Trust Capital
Tradesmart Online Vs Kotak Securities Fyers Securities Vs Kotak Securities
Tradesmart Online Vs Interactive Brokers Fyers Securities Vs Interactive Brokers
Tradesmart Online Vs IIFL Securities Fyers Securities Vs IIFL Securities
Tradesmart Online Vs Dhani Fyers Securities Vs Dhani
Tradesmart Online Vs IDBI Capital Fyers Securities Vs IDBI Capital
Tradesmart Online Vs HDFC Securities Fyers Securities Vs HDFC Securities
Tradesmart Online Vs Geojit Fyers Securities Vs Geojit
Tradesmart Online Vs Edelweiss Capital Fyers Securities Vs Edelweiss Capital
Tradesmart Online Vs Easytradez Fyers Securities Vs Easytradez
Tradesmart Online Vs Rupeezy Fyers Securities Vs Rupeezy
Tradesmart Online Vs Anand Rathi Fyers Securities Vs Anand Rathi
Tradesmart Online Vs Aditya Birla Money Fyers Securities Vs Aditya Birla Money
Tradesmart Online Vs Achiievers Fyers Securities Vs Achiievers
Tradesmart Online Vs Angel One Fyers Securities Vs Angel One
Tradesmart Online Vs Motilal Oswal Fyers Securities Vs Motilal Oswal
Tradesmart Online Vs ICICI Direct Fyers Securities Vs ICICI Direct
Tradesmart Online Vs Sharekhan Fyers Securities Vs Sharekhan
Tradesmart Online Vs Groww Fyers Securities Vs Groww
Tradesmart Online Vs Upstox Fyers Securities Vs Upstox
Tradesmart Online Vs Zerodha Fyers Securities Vs Zerodha

Frequently Asked Questions

Which is better, Tradesmart Online or Fyers Securities?

Tradesmart Online Securities and Fyers Securities are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.

Do Tradesmart Online and Fyers Securities offer mobile trading apps?

Yes, both Tradesmart Online Securities and Fyers Securities provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for Fyers Securities and Tradesmart Online?

The account opening charges by brokers Tradesmart Online and Fyers Securities for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both Tradesmart Online and Fyers Securities are SEBI-registered brokers with good reputations. Tradesmart Online is known for its trading platforms, while Fyers Securities is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both Tradesmart Online and Fyers Securities offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.