Zerodha vs Fyers

Complete charge comparison — every fee, calculated. ₹50,000 delivery trade baseline.

★ Editor's Pick

Discount
Zerodha CHEAPER
₹126.85
Total cost on ₹50K delivery trade
VS
Discount
Fyers
₹173.46
Total cost on ₹50K delivery trade
VERDICT — ₹50,000 DELIVERY TRADE
Zerodha costs ₹46.61 less on a ₹50,000 delivery trade. Zerodha charges lower brokerage on delivery. On an annual basis, Zerodha saves ₹2722 for a long-term investor making 5 delivery trades per month.

Side-by-Side Charge Comparison

ChargeZerodhaFyersDifference
Delivery Brokerage Zero ₹20 or 0.3% Differs
Intraday Brokerage0.03% or ₹200.03% or ₹20Same
F&O Options₹20/order₹20/orderSame
DP Charge ₹15.34/scrip ₹14.75/scrip ₹46.61 gap
AMC / year ₹88.50/yr Free Differs
MTF Interest14.6% p.a.16.49% p.a.Differs
API Access₹2,000/mo (Kite Connect)Free
Call & Trade₹59₹59
Networth₹13,500 CrNot filedFinancial strength
Total (₹50K delivery) ₹126.85 ₹173.46 ₹46.61 gap

Annual Cost — Long-Term Investor

ZerodhaFyers
Annual cost₹7332/yr₹10054/yr
Cheaper byZerodha saves ₹2722/year
Choose Zerodha if you...
  • Long-term investors
  • Options traders
  • Algo traders
  • Active intraday traders
Choose Fyers if you...
  • Options traders
  • Algo traders
  • Chart-focused traders

Charges sourced from official broker websites and NSE filings. Regulatory charges (STT, exchange fee, SEBI fee, stamp duty = ₹111.24 on ₹50K delivery) are identical at every broker. Budget 2026: futures STT raised to 0.05%, options STT to 0.15%, effective April 1 2026. Always verify current charges before trading. Not investment advice.