Fyers and Angel One are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. Fyers is listed as a Private Discount Broker , established in 2015 and headquartered in Bangalore, while Angel One is listed as a Public Full Service , established in 1987 and headquartered in Mumbai.
This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether Fyers or Angel One is a better fit for your investment style, platform preference, and budget.
Fyers is listed as a Private Discount Broker established in 2015 with headquarters in Bangalore and founded by Tejas Khoday, Shreyas Khodey & Yashas Khodey. The broker highlights access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access, web trading, desktop terminal access and algo trading support and promotes features such as watchlists, real-time updates, research reports, customised recommendations, stock tips and interactive charts. It follows a Standard Plan brokerage structure.
Angel One is listed as a Public Full Service established in 1987 with headquarters in Mumbai and founded by Dinesh Agarwal. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures using mobile app access, web trading, desktop terminal access and algo trading support and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. Its brokerage model is structured as i-trade Prime.
Both brokers use technology-driven platforms to attract active traders and investors, but the better option depends on the combination of pricing, products, services, and support that matters most to you.
Fyers vs Angel One — A Comprehensive Company Overview
| Company Overview | Fyers | Angel One |
|---|---|---|
| Company Type | Private | Public |
| Broker Type | Discount Broker | Full Service |
| Headquarters | Bangalore | Mumbai |
| Founder | Tejas Khoday, Shreyas Khodey & Yashas Khodey | Dinesh Agarwal |
| Establishment Year | 2015 | 1987 |
| Brokerage Plan | Standard Plan | i-trade Prime |
Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Fyers and Angel One.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Fyers charges Free while Angel One charges Free.
Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Fyers charges Rs.20 per Trade or 0.03% (whichever is Low) while Angel One charges Rs.20 per Trade or 0.25% (whichever is low).
Equity futures: This charge applies to futures contracts on stocks and indices. Fyers charges Rs.20 per Trade or 0.03% (whichever is low) while Angel One charges Rs.20 per Trade or 0.25% (whichever is low).
Equity options: This charge applies to equity option contracts. Fyers charges Rs.20 per Trade while Angel One charges Rs.20 per Trade.
Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Fyers charges Rs.20 per Trade or 0.03% (whichever is low) while Angel One charges Rs.20 per Trade or 0.25% (whichever is low).
Commodity options: This charge applies to option contracts on commodity instruments. Fyers charges Rs.20 per Trade while Angel One charges Rs.20 per Trade.
Currency futures: This charge allows participation in forex price movements on the exchange. Fyers charges Rs.20 per Trade or 0.03% (whichever is low) while Angel One charges Rs.20 per Trade or 0.25% (whichever is low).
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Fyers charges Rs.20 per Trade while Angel One charges Rs.20 per Trade.
Fyers vs Angel One — Detailed Brokerage Comparison
| Brokerage | Fyers | Angel One |
|---|---|---|
| Brokerage Plan | Standard Plan | i-trade Prime |
| Subscription Charges | Zero | Zero |
| Equity Delivery | Free | Free |
| Equity Intraday | Rs.20 per Trade or 0.03% (whichever is Low) | Rs.20 per Trade or 0.25% (whichever is low) |
| Equity Future | Rs.20 per Trade or 0.03% (whichever is low) | Rs.20 per Trade or 0.25% (whichever is low) |
| Equity Option | Rs.20 per Trade | Rs.20 per Trade |
| Commodity Future | Rs.20 per Trade or 0.03% (whichever is low) | Rs.20 per Trade or 0.25% (whichever is low) |
| Commodity Option | Rs.20 per Trade | Rs.20 per Trade |
| Currency Future | Rs.20 per Trade or 0.03% (whichever is low) | Rs.20 per Trade or 0.25% (whichever is low) |
| Currency Option | Rs.20 per Trade | Rs.20 per Trade |
Fyers provides mobile app access, web trading, desktop terminal access and algo trading support for order placement, portfolio tracking, and market monitoring. Angel One provides mobile app access, web trading, desktop terminal access and algo trading support for its users.
Android app: Fyers and Angel One both list an Android trading app.
iOS app: Fyers and Angel One both list an iOS trading app.
Web trading platform: Fyers and Angel One both list a web trading platform.
Desktop trading terminal: Fyers and Angel One both list a desktop trading terminal.
Algo trading: Fyers and Angel One both list algo trading support.
Basket trading: Fyers and Angel One both list basket trading.
Foreign stocks platform: Angel One lists foreign stocks access, while Fyers does not currently mention it.
Mutual fund platform: Fyers and Angel One both list a mutual fund investment platform.
Digital gold platform: Neither broker currently highlights digital gold investing.
Bonds platform: Neither broker currently highlights a bonds investment platform.
Fyers vs Angel One — Complete Comparison of Trading Platforms
| Trading Platform | Fyers | Angel One |
|---|---|---|
| Android App | Fyers Android App Link | Angel One Android App Link |
| iOS App | Fyers iOS App Link | Angel One iOS App Link |
| Web Trading Platform | Fyers Web Trading Link | Angel One Web Trading Link |
| Trading Terminal | Available | Available |
| Algo Trading Platform | Available | Available |
| Foreign Stocks Platform | NA | Available |
| Basket Trading Platform | Available | Available |
| Mutual Fund Platform | Available | Available |
| Digital Gold Platform | NA | No |
| Bonds Platform | NA | No |
Fyers highlights trading features including watchlists, real-time updates, research reports, customised recommendations, stock tips and interactive charts, while Angel One promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. The table below shows the full feature set for both brokers side by side.
Wishlist: Monitor specific stocks or assets by adding them to a watchlist for close tracking. Both Fyers and Angel One offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Fyers and Angel One offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Angel One offers this; Fyers does not currently highlight it.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Angel One offers this; Fyers does not currently highlight it.
Research reports: A comprehensive overview of different stocks and sectors in the stock market. Both Fyers and Angel One offer this feature.
Global indices: Real-time data on leading global stock market indices. Angel One offers this; Fyers does not currently highlight it.
Customised recommendations: Personalised investment suggestions based on your objectives and behaviour patterns. Both Fyers and Angel One offer this feature.
Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Both Fyers and Angel One offer this feature.
Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both Fyers and Angel One offer this feature.
Live market: Live updates on market movements and trends. Both Fyers and Angel One offer this feature.
Multi profile management: Manage multiple trading profiles from a single account. Angel One offers this; Fyers does not currently highlight it.
Secure platform: A secure trading environment with next-generation security controls. Both Fyers and Angel One offer this feature.
Fyers vs Angel One — Comprehensive Comparison of Trading Features
| Trading Feature | Fyers | Angel One |
|---|---|---|
| Wishlist | Yes | Yes |
| Real-Time Updates | Yes | Yes |
| Portfolio Details | No | Yes |
| Online MF Buy | No | Yes |
| Research Reports | Yes | Yes |
| Global Indices | No | Yes |
| Customised Recommendations | Yes | Yes |
| Stock Tips | Yes | Yes |
| Interactive Charts | Yes | Yes |
| Live Market | Yes | Yes |
| Multi Profile Management | No | Yes |
| Robust & Secure Platform | Yes | Yes |
Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Fyers and Angel One.
Free account opening: Fyers lists free account opening, while Angel One does not currently mention it.
Free AMC: Fyers and Angel One both list free Demat AMC.
Free brokerage: Fyers and Angel One both list free brokerage.
Flat brokerage: Fyers and Angel One both list flat brokerage pricing.
Flexible brokerage plans: Neither broker currently highlights flexible brokerage plans.
Happy trading hours: Neither broker currently highlights happy trading hours.
Free delivery trading: Fyers and Angel One both list free delivery trading.
Free intraday trading: Neither broker currently highlights free intraday trading.
Free F&O trading: Neither broker currently highlights free F&O trading.
Free research reports: Angel One lists free research reports, while Fyers does not currently mention it.
Free trading calls: Angel One lists free trading calls, while Fyers does not currently mention it.
Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.
Referral offers: Fyers offers 20% of Revenue while Angel One offers Upto Rs.1000 Gift Vouchers per Client for referrals.
Fyers vs Angel One — Comparison of Latest Offers
| Offer | Fyers | Angel One |
|---|---|---|
| Free Account Opening | Yes | No |
| Free AMC | Yes | 1st Year Free |
| Free Brokerage | Yes, Limited | Yes, Limited |
| Flat Brokerage | Yes | Yes |
| Flexible Brokerage Plans | No | No |
| Happy Trading Hours | No | No |
| Free Delivery Trading | Yes | Yes |
| Free Intraday Trading | No | No |
| Free F&O Trading | No | No |
| Free Research Reports | No | Yes |
| Free Trading Calls | No | Yes |
| Referral Offers | 20% of Revenue | Upto Rs.1000 Gift Vouchers per Client |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | No | No |
| Zero Brokerage for Loss-Making Trades | No | No |
Product availability determines whether a broker can support your preferred markets. Fyers highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while Angel One highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures.
The table below compares the full product lineup side by side across equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures, currency options, mutual funds, government bonds, foreign stocks and insurance.
Fyers vs Angel One — Complete Comparison of Products
| Product | Fyers | Angel One |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | Yes | Yes |
| Commodity Future | Yes | Yes |
| Currency Option | Yes | Yes |
| Currency Future | Yes | Yes |
| Foreign Stocks | No | Yes |
| Mutual Funds | Yes | Yes |
| Banking | No | No |
| Insurance | No | Yes |
| Corporate Bonds | No | No |
| Government Bonds | Yes | No |
| Digital Gold | No | No |
Demat services: Fyers and Angel One both list Demat services.
Trading services: Fyers and Angel One both list trading services.
Intraday services: Fyers and Angel One both list intraday trading services.
F&O services: Fyers and Angel One both list F&O services.
IPO services: Fyers and Angel One both list IPO services.
3-in-1 account: Neither broker currently highlights 3-in-1 account support.
Stock research: Angel One lists stock research, while Fyers does not currently mention it.
Stock recommendations: Angel One lists stock recommendations, while Fyers does not currently mention it.
Trading education: Fyers and Angel One both list trading education.
Share pledging: Fyers and Angel One both list share pledging.
PMS or PCG: Angel One lists PMS or PCG support, while Fyers does not currently mention it.
NRI services: Angel One lists NRI services, while Fyers does not currently mention it.
Fyers provides Demat services, trading services, intraday trading, F&O trading, IPO access and trading education, while Angel One offers Demat services, trading services, intraday trading, F&O trading, IPO access and stock research.
Fyers vs Angel One — In-Depth Comparison of Services
| Service | Fyers | Angel One |
|---|---|---|
| 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 Education | Yes, School of Stocks | Yes, Smart Money |
| Share Pledging | Yes | Yes |
| PMS or PCG | No | Yes |
| NRI Services | No | Yes |
Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Fyers and Angel One.
Fyers and Angel One — Detailed Comparison of Advisory Services
| Advisory | Fyers | Angel One |
|---|---|---|
| Fundamental Reports | Yes | Yes |
| Research Reports | Yes, chargeable | Yes |
| Company Reports | Yes, chargeable | Yes |
| Annual Reports | No | Yes |
| IPO Reports | No | Yes |
| Technical Reports | No | Yes |
| 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 | Yes |
| Robo Advisory | No | Yes |
Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Fyers and Angel One across different segments.
Fyers and Angel One — Comprehensive Comparison of Trading Exposure
| Exposure | Fyers | Angel One |
|---|---|---|
| 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 |
Fyers and Angel One both list a sub-broker program. Fyers and Angel One both list a partner program. Fyers and Angel One both list a referral program.
Fyers vs Angel One — Comparative Analysis of Programs
| Program | Fyers | Angel One |
|---|---|---|
| Sub-Broker Program | Yes, Limited | Yes |
| Partner Program | Yes | Yes, Angel DRA |
| Referral Program | Yes | Yes |
Fyers provides support through trading desk support, call support, email support, website support and Facebook support. Angel One provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Angel One operates Available branches.
Fyers and Angel One — Comprehensive Comparison of Customer Support
| Support Channel | Fyers | Angel One |
|---|---|---|
| Trading Support | Available, Chargeable | Available, Chargeable |
| Dedicated Dealer | NA | Available, Chargeable |
| Call Support | 080-60001111 | 8047480048 |
| Email Support | [email protected] | [email protected] |
| WhatsApp Support | NA | NA |
| Website Support | Website Link | Website Link |
| Facebook Support | Facebook Support Link | Facebook Support Link |
| Twitter / X Support | Twitter Support Link | Twitter Support Link |
| Telegram Support | Telegram Support Link | Telegram Support Link |
| Branches / Offices | NA | Available |
Both brokers have been evaluated across key parameters to help investors make an informed comparison. Fyers carries an overall rating of 8.20 / 10, while Angel One carries an overall rating of 9.70 / 10.
Fyers vs Angel One — Ratings Comparison
| Rating Parameter | Fyers | Angel One |
|---|---|---|
| Overall Rating | 8.20 / 10 | 9.70 / 10 |
| Customer Support | 8.16 / 10 | 9.66 / 10 |
| Technology | 8.29 / 10 | 9.82 / 10 |
| Charges | 8.23 / 10 | 9.74 / 10 |
| Products & Services | 8.15 / 10 | 9.64 / 10 |
| Experience | 8.13 / 10 | 9.62 / 10 |
SEBI, BSE, and NSE regularly publish broker complaint data as part of investor protection oversight. The table below shows the complaint records for both brokers.
Fyers & Angel One — Comparison of Customer Complaints
| Complaint Metric | Fyers | Angel One |
|---|---|---|
| Total Complaints Lodged | 132 | 554 |
| Total Complaints Resolved | 118 | 457 |
| % of Resolved Complaints | 89.39% | 82.49% |
| Non-Actionable Complaints | 10 | 57 |
| % of Non-Actionable Complaints | 7.58% | 10.29% |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Fyers and Angel One.
Fyers vs Angel One — Detailed Comparison of Transaction Charges
| Transaction Charges | Fyers | Angel One |
|---|---|---|
| Equity Delivery | 0.00325% (NSE) 0.00375% (BSE) | 0.00325% (NSE) & As per Stock (BSE) |
| Equity Intraday | 0.00325% (NSE) 0.00375% (BSE) | 0.00325% (NSE) & As per Stock (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) | 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) |
| Commodity Option | 0.05% (Non Agri) | 0.05% (Non Agri) |
| Currency Future | 0.0009% (NSE) | 0.0009% (NSE) & 0.00022% (BSE) |
| Currency Option | 0.035% (NSE) | 0.035% (NSE) & 0.001% (BSE) |
Pledge creation charges apply when traders borrow against their held securities. Pledge invocation charges apply if the pledged shares are sold due to a shortfall. Margin trading interest is the rate charged on borrowed funds.
Fyers & Angel One — Comprehensive Comparison of Pledge Charges
| Pledge Charge | Fyers | Angel One |
|---|---|---|
| Pledge Creation Charges | Nil | Rs.20 per Request |
| Pledge Invocation Charges | Nil | Rs.50 per Request |
| Margin Trading Interest | Nil | 0.049% per day |
Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.
Fyers and Angel One — Detailed Comparison of Hidden / Other Charges
| Charge | Fyers | Angel One |
|---|---|---|
| SEBI Turnover Charges | Rs.10/ Crore (All Segment) | Rs.10/ Crore (All Segment) |
| DP Charges | Rs.15 per Scrip on Sell | Rs.13.5 per Scrip only on Sell |
| GST | 18% on (Brokerage + SEBI + Transaction charges) | 18% on (Brokerage + SEBI + Transaction charges) |
| Account Closure Charges | Nil | Free |
| Reactivation Charges | Nil | Free |
| Dematerialisation Charges | Nil | Rs.50 per Certificate |
| Call & Trade Charges | Rs.50 per Trade | Rs.20 per Trade |
Fyers lists account opening charges of Free and Demat AMC of Free (limited period offer). Angel One lists account opening charges of Free and Demat AMC of Rs.240 per Year + GST (1st Year Free).
Fyers vs Angel One — Detailed Comparison of Demat Charges
| Demat Charges | Fyers | Angel One |
|---|---|---|
| Account Opening Charges | Free | Free |
| Annual Maintenance Charges (AMC) | Free (limited period offer) | Rs.240 per Year + GST (1st Year Free) |
Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) are government levies — the same for all brokers in India. These are shown below for reference.
Fyers vs Angel One — Comparative Analysis of STT and CTT Charges
| STT & CTT | Fyers | Angel One |
|---|---|---|
| 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 |
Stamp duty is a government tax charged when the broker issues, sells, or transfers a security. It is collected at the end of each trading day.
Fyers and Angel One — Comparison of Stamp Duty Charges
| Stamp Duty | Fyers | Angel One |
|---|---|---|
| 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 | 0.003% on buy |