FYERS Securities vs Jainam Broking Limited

A full side-by-side comparison of brokerage charges, demat AMC, margin, platforms, features and user ratings — updated for 2026.

FYERS Securities
FYERS Securities
Discount Broker · since 2015
VS
Jainam Broking Limited
Full-Service Broker · since 2003
Jainam Broking Limited

FYERS Securities vs Jainam Broking Limited — quick verdict

Choose FYERS Securities if

You want low-cost, self-directed trading

Built for Those Who Are Born to Trade.

Choose Jainam Broking Limited if

You want research and offline support

Investing with Trust.

Company overview

FYERS Securities is a discount broker incorporated in 2015; Jainam Broking Limited is a full-service broker incorporated in 2003.

ParameterFYERS SecuritiesJainam Broking Limited
Type of broker Discount Broker Full-Service Broker
Exchange membership NSE · BSE · MCX NSE · BSE · MCX
Year of incorporation 2015 2003 older
Number of branches 98+ 100+ wider
Active clients 10 Lakh+ larger 2 Lakh+

Charges & AMC

Account-opening and maintenance charges for FYERS Securities and Jainam Broking Limited compared side by side.

ParameterFYERS SecuritiesJainam Broking Limited
Trading a/c opening ₹0 ₹0 (Online)
Trading a/c AMC ₹0 ₹0
Demat a/c opening ₹0 ₹0
Demat a/c AMC ₹0 lower ₹300 + GST per year
DP charges (per ISIN, sell) ₹12.5 + GST per ISIN on sell transactions lower ₹15.93 per debit transaction (including GST)

Brokerage charges

How FYERS Securities and Jainam Broking Limited price each trading segment, per executed order.

ParameterFYERS SecuritiesJainam Broking Limited
Equity Delivery ₹0 (Free) 0.30%
Equity Intraday ₹20 or 0.03% per executed order (whichever is lower) 0.03%
Equity Futures ₹20 or 0.03% per executed order (whichever is lower) 0.03%
Equity Options ₹20 per executed order ₹20 per executed order
Currency F&O ₹20 or 0.03% per executed order (whichever is lower) Not Available
Commodity F&O ₹20 or 0.03% per executed order (whichever is lower) 0.03%
Call & Trade ₹50 per executed order ₹20 per executed order

Transaction charges (exchange turnover)

Exchange turnover and clearing charges passed through by FYERS Securities and Jainam Broking Limited, per segment.

ParameterFYERS SecuritiesJainam Broking Limited
Equity Delivery NSE: 0.00297% • BSE: 0.00375% NSE: 0.00297% • BSE: 0.00375%
Equity Intraday NSE: 0.00297% • BSE: 0.00375% NSE: 0.00297% • BSE: 0.00375%
Equity Futures NSE: 0.00173% NSE: 0.00173%
Equity Options NSE: 0.03503% (on premium) NSE: 0.03503% (on premium)
Currency Futures NSE: 0.00035%
Currency Options NSE: 0.03110% (on premium)
Commodity Futures MCX: 0.00210% MCX: 0.00210%
Commodity Options MCX: 0.04180% (on premium) MCX: 0.04180% (on premium)

Demat & DP charges

Depository (demat) charges for FYERS Securities and Jainam Broking Limited — AMC, debit transactions, pledging and remat.

ParameterFYERS SecuritiesJainam Broking Limited
Demat Account Opening ₹0 ₹0
Annual Maintenance Charges (AMC) ₹0 ₹300 + GST per year
Debit Transaction Charges ₹12.5 + GST per ISIN on sell transactions ₹15.93 per debit transaction (including GST)
Pledge / Unpledge Charges ₹12.5 + GST per ISIN ₹25 + GST per request
Dematerialisation (Demat) ₹150 per certificate + GST ₹150 per certificate + GST
Rematerialisation (Remat) ₹150 per certificate + GST ₹150 per certificate + GST
Failed Transactions Nil Nil

Margin & leverage (MTF)

Intraday and delivery margin / leverage offered by FYERS Securities and Jainam Broking Limited.

ParameterFYERS SecuritiesJainam Broking Limited
Equity Delivery 100% of trade value (1x) 100% of trade value (1x)
Equity Intraday VAR + ELM Margin (Up to 5x*) VAR + ELM Margin (Up to 5x*)
Equity Futures SPAN + Exposure Margin (As per available margin) SPAN + Exposure Margin (As per available margin)
Equity Options (Buy) Premium Value (Not Applicable) Premium Value (Not Applicable)
Equity Options (Sell) SPAN + Exposure Margin (As per available margin) SPAN + Exposure Margin (As per available margin)
Currency Futures & Options SPAN + Exposure Margin (As per available margin) SPAN + Exposure Margin (As per available margin)
Commodity Futures & Options SPAN + Exposure Margin (As per available margin)

Features & account

Account type and feature availability across FYERS Securities and Jainam Broking Limited.

ParameterFYERS SecuritiesJainam Broking Limited
3-in-1 account ✕ No ✕ No
Automated / API trading ✓ Yes better ✕ No
Margin Trading (MTF) ✓ Yes ✓ Yes
Trading in SME shares ✕ No ✓ Yes better
Trading platforms FYERS Web, FYERS Mobile App, FYERS One Jainam Web, Jainam Mobile App, Jainam Trade Terminal
Intraday square-off 3:15 PM 3:15 PM
Other TradingView Charts, Free Trading API, Algo Trading, Option Chain, Basket Orders, Market Scanner, Advanced Charting, Price Alerts, eDIS, Margin Trading Facility (MTF) Research Reports, Trading Calls, Advanced Charting, Option Chain, Basket Orders, Price Alerts, eDIS, Margin Trading Facility (MTF), SIP Investment

Trading platforms & apps

Trading terminals, web platforms and mobile apps offered by FYERS Securities and Jainam Broking Limited.

ParameterFYERS SecuritiesJainam Broking Limited
Trading platforms offered FYERS Web, FYERS Mobile App, FYERS One Jainam Web, Jainam Mobile App, Jainam Trade Terminal
Number of platforms 3 3
Platforms (summary) FYERS Web, FYERS Mobile App, FYERS One Jainam Web, Jainam Mobile App, Jainam Trade Terminal
Mobile / desktop apps Web, Mobile, Desktop Web, Mobile, Desktop

User ratings

User ratings for FYERS Securities and Jainam Broking Limited across the key parameters.

Rated onFYERS SecuritiesJainam Broking Limited
Fees 4.9 better 4
Brokerage 4.9 better 4.1
Trading platform 4.9 better 4.2
Customer service 4.4 4.5 better
Research 4.2 4.6 better
Overall 4.7 better 4.2

Investment options

Which investment products FYERS Securities and Jainam Broking Limited let you access.

ParameterFYERS SecuritiesJainam Broking Limited
Stocks / Equity ✓ Yes ✓ Yes
Commodity ✓ Yes ✓ Yes
IPO ✓ Yes ✓ Yes
Mutual Funds ✓ Yes ✓ Yes
Bonds / NCD ✓ Yes ✓ Yes

Order types offered

Advanced order types supported by FYERS Securities and Jainam Broking Limited.

ParameterFYERS SecuritiesJainam Broking Limited
Bracket Order ✕ No ✓ Yes better
Cover Order ✕ No ✓ Yes better
BTST ✓ Yes ✓ Yes
After Market (AMO) ✓ Yes ✓ Yes
GTC / GTT ✓ Yes better ✕ No

Safety & credibility

SEBI registration, financial strength and complaint record for FYERS Securities and Jainam Broking Limited.

ParameterFYERS SecuritiesJainam Broking Limited
SEBI registration INZ000166137 INZ000209933
NSE member code 12768 90484
Year of incorporation 2015 2003 longer track record
Net worth ₹1,348+ Cr stronger ₹150+ Cr
Exchange memberships NSE · BSE · MCX NSE · BSE · MCX
Latest complaint ratio 0.002% fewer complaints 0.004%

Complaints record

Exchange complaint data for FYERS Securities and Jainam Broking Limited — the ratio matters more than the raw count.

ParameterFYERS SecuritiesJainam Broking Limited
Latest financial year 2025–26 2025–26
Exchange NSE NSE
Active clients 10,87,436 larger base 2,08,614
Complaints filed 9
Complaint ratio 0.002% fewer complaints 0.004%

Pros & cons

The main advantages and drawbacks of each broker.

FYERS Securities

▲ Pros

  • ✓ Zero brokerage on Equity Delivery.
  • ✓ TradingView-powered advanced charting.
  • ✓ Free API access for algorithmic trading.
  • ✓ Supports stocks, F&O, commodities, currencies, IPOs, mutual funds, and ETFs.
  • ✓ Fully digital and paperless account opening.
  • ✓ Powerful web and mobile trading platforms with advanced order types.

▼ Cons

  • ✕ No physical branch network comparable to full-service brokers.
  • ✕ Research and advisory services are limited.
  • ✕ Call & Trade service is chargeable.
  • ✕ Margin availability depends on SEBI peak margin regulations.
  • ✕ Beginners may find the advanced trading interface slightly complex.
Jainam Broking Limited

▲ Pros

  • ✓ Personalized investment advisory and relationship managers.
  • ✓ Strong equity and commodity research support.
  • ✓ Offers stocks, F&O, commodities, IPOs, mutual funds, bonds, SIPs, and insurance.
  • ✓ Easy-to-use web, mobile, and desktop trading platforms.
  • ✓ Good customer support with regional branch presence.
  • ✓ Suitable for long-term investors seeking research-backed recommendations.

▼ Cons

  • ✕ Brokerage charges are higher than discount brokers.
  • ✕ Annual Demat AMC is applicable.
  • ✕ Limited branch network compared to larger national brokers.
  • ✕ Call & Trade charges apply.
  • ✕ Advanced wealth management services may be available only for select clients.

Explore more comparisons

Disclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently — always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.