Fyers, founded in 2015 by Tejas Khoday, is a popular brokerage app designed for traders interested in stocks, commodities, and derivatives. With its user-friendly interface and advanced tools, Fyers aims to assist traders in making profitable investment decisions. Some notable features of Fyers include low brokerage fees, advanced charting tools, real-time market data, and customizable trading platforms.

1. Fyers vs Zerodha: Delving into the
Brokerage Calculator 2023
In the ever-evolving landscape of brokerage apps, Fyers and Zerodha have emerged as
popular choices for traders. Both platforms offer a range of features and tools that can
enhance your trading experience. Let's take a closer look at these two brokerage apps
and delve into their brokerage calculators to help you make an informed decision.
1. Fyers: An Overview
1.1 Background and Founders
Fyers is a brokerage platform established in 2015 by Tejas Khoday. Headquartered in
Bangalore, India, Fyers caters to investors interested in trading stocks, commodities,
and derivatives. The platform has gained popularity due to its user-friendly interface and
advanced tools that facilitate profitable trading.
1.2 Key Features and Benefits

2. Fyers offers several key features that make it a preferred choice among traders. Some
notable features include:
● Low brokerage fees: Fyers follows a flat brokerage fee concept, ensuring
cost-effective trading for its users.
● Advanced charting tools: The platform provides traders with advanced charting
tools that enable detailed analysis of market trends and patterns.
● Real-time market data: Fyers offers real-time market data, empowering traders to
make informed investment decisions.
● Customizable trading platforms: Fyers allows traders to customize their trading
platforms according to their preferences, enhancing the overall trading
experience.
2. Zerodha: An Overview
2.1 Background and Founders
Founded in 2010 by Nithin Kamath and Nikhil Kamath, Zerodha has established itself as
one of the leading brokerage firms in India. The founders aimed to revolutionize stock
trading, leading to the success and popularity of Zerodha.
2.2 Key Features and Benefits
Zerodha offers a range of features and benefits that appeal to traders. Some key
features include:
● Zero brokerage fees: Zerodha introduced the concept of zero brokerage fees,
making it an attractive option for cost-conscious traders.
● Zerodha Kite trading platform: Zerodha provides traders with Zerodha Kite, a
user-friendly trading platform that simplifies the trading process.
● Technological innovation: Zerodha has been at the forefront of introducing
technological advancements to the Indian brokerage industry. Platforms like Coin
(direct mutual fund platform) and Kite Connect (API platform for developers)
have enhanced the trading experience for Zerodha users.
● Wide range of additional features: Zerodha offers an extensive range of
additional features, including mutual fund investments, bonds, and commodity
trading, expanding the options available to traders.
3. Fyers vs Zerodha: Brokerage Fees

3. Both Fyers and Zerodha are known for their competitive brokerage fees. While Zerodha
introduced the concept of zero brokerage fees, Fyers follows a flat brokerage fee model.
Consequently, both platforms offer lower brokerage fees compared to traditional
full-service brokerages. Choosing between the two will depend on individual preferences
and the trading volume of the investor.
4. Fyers vs Zerodha: Trading Platforms
Zerodha provides traders with the user-friendly Zerodha Kite trading platform. On the
other hand, Fyers offers Fyers One, a platform equipped with advanced charting tools
and customization options. The choice between the two platforms will depend on
individual preferences and the specific requirements of traders.
5. Fyers vs Zerodha: Technology and Innovation
Zerodha has been a pioneer in introducing innovative changes to the Indian brokerage
industry. With platforms like Coin and Kite Connect, Zerodha has brought technological
advancements that enhance the trading experience for its users. Fyers also offers
technological advancements, including advanced charting and analysis tools, enabling
traders to stay ahead in the market.
6. Fyers vs Zerodha: Customer Support
Zerodha's extensive user base sometimes makes it challenging for them to provide
support to all customers, resulting in negative feedback. On the other hand, Fyers has a
comparatively smaller user base, allowing them to provide more personalized customer
support, which often leads to positive feedback. Customer support is an essential
aspect to consider when choosing a brokerage app, as prompt and efficient support can
greatly enhance the trading experience.
7. Fyers vs Zerodha: Additional Features
Zerodha offers a wide range of additional features to its users, such as mutual fund
investments, bonds, and commodity trading. Fyers, on the other hand, introduced equity
and derivative trading to its users. Over time, both apps have introduced new features to
cater to the evolving needs of traders. It is crucial to consider the strengths and
weaknesses of each platform before making a decision based on your individual
requirements.

4. 8. Fyers: Refer and Earn Program
Fyers offers a "Refer and Earn" program that allows existing customers to invite new
customers to the platform. Through this program, existing Fyers customers can refer
others and earn rewards. By sharing a referral link provided by Fyers, customers can
take advantage of this program and enjoy additional benefits.
9. Fyers: Mutual Fund Investments
On the exclusive Fyers platform, investors can access and invest in direct mutual funds
at zero commission. Whether opting for lump sums or systematic investment plans
(SIP), investors can explore a variety of mutual funds through the Fyers Direct feature.
The process to purchase a mutual fund on Fyers involves logging in, exploring the
available options, selecting the desired fund, choosing between lump sum or SIP,
entering the required details, and placing the order.
10. Fyers: Brokerage Calculator
The Fyers brokerage calculator is a useful tool for estimating brokerage charges
associated with trading on the Fyers platform. This calculator also provides analysis
tools to help traders gain a deeper understanding of the market. By utilizing the
essential tools offered by Fyers, traders can make informed investment decisions.
11. Fyers: Tradingview
Tradingview is a vital tool provided by Fyers that sets it apart from other brokerage
apps. It offers a comprehensive trading view or chart facility, allowing professional
traders to analyze the market and make informed decisions. This feature gives Fyers an
edge in comparison to other brokerage apps.
12. Conclusion
When choosing between Fyers and Zerodha, it ultimately depends on individual needs
and preferences. Zerodha offers a simple and cost-effective trading experience with
zero brokerage fees, while Fyers charges a flat fee and provides advanced tools like
trading charts. Traders should consider their trading requirements and preferred
features before deciding on the brokerage app that best aligns with their needs.

5. For more information and detailed reviews, it is recommended to conduct thorough
research and evaluate the feedback of existing users. By making an informed choice,
traders can select the brokerage app that suits their requirements and helps them
achieve their investment goals.