FYERSSEBI INZ000008524
- Account opening
- ₹0
- Demat AMC
- ₹0
- SME IPOs
- Not stated
- Delivery brokerage
- ₹20 or 0.3%, lower
- Cost to sell ₹15,000 of IPO shares
- ₹38.35Brokerage and DP with GST, ours
RupeezySEBI INZ000187932
- Account opening
- ₹0
- Demat AMC
- ₹0
- SME IPOs
- Not stated
- Delivery brokerage
- 0.1%
- Cost to sell ₹15,000 of IPO shares
- Not publishedBrokerage and DP with GST, ours
Where FYERS and Rupeezy differ
6 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | FYERS | Rupeezy |
|---|---|---|
| One mainboard lot, ₹15,000Brokerage ₹5.90 less at Rupeezy; a DP charge is not published | ₹38.35 | ₹17.70 brokerage; DP charge not published |
| Two SME lots, ₹2,50,000Brokerage ₹271.40 less at FYERS; a DP charge is not published | ₹38.35 | ₹295.00 brokerage; DP charge not published |
| A year: 12 mainboard lots soldBrokerage ₹70.80 less at Rupeezy; a DP charge is not published | ₹460.20 | ₹212.40 brokerage; DP charge not published |
Ours: brokerage and DP charge with 18% GST. STT and exchange charges are equal everywhere, so they are left out. SME bids are two lots.
- Demat maintenance (AMC): ₹0 for trading and demat accounts at FYERS, Zero AMC for life for accounts opened after 15 Jun 2024 at Rupeezy.
- Equity delivery brokerage: ₹20 or 0.3% per executed order, whichever is lower at FYERS, 0.1% on buy and sell at Rupeezy.
- DP charge on selling shares: ₹12.50 plus GST per scrip at FYERS, not stated at Rupeezy.
- Mainboard IPOs: Yes, on the FYERS web and mobile platforms, with ₹0 brokerage at FYERS, not stated at Rupeezy.
- SME IPOs: The help page lists applications by type at FYERS, not stated at Rupeezy.
The same at both: account opening.
FYERS vs Rupeezy: charges side by side
Differs 6 of 7 charges differ between FYERS and Rupeezy. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | FYERS | Rupeezy |
|---|---|---|
| Open an account | ||
| Account opening | ₹0 | ₹0 |
| Demat maintenance (AMC) | ₹0 for trading and demat accounts | Zero AMC for life for accounts opened after 15 Jun 2024 |
| Apply for IPOs | ||
| Mainboard IPOs | Yes, on the FYERS web and mobile platforms, with ₹0 brokerage | Not stated on the pages we checked |
| SME IPOs | The help page lists applications by type (mainboard or SME) in the IPO section | Not stated on the pages we checked |
| Sell your IPO shares | ||
| Equity delivery brokerage | ₹20 or 0.3% per executed order, whichever is lower (Prime: ₹15 or 0.3%) | 0.1% on buy and sell |
| DP charge on selling shares | ₹12.50 plus GST per scrip (ISIN) | Not stated for market sales (₹25 for off-market transfers) |
| Registration | ||
| SEBI registration | INZ000008524 | INZ000187932 |
For other trading, equity intraday, Futures, Call and trade and Margin trading (MTF) interest differ too. Intraday, futures, call and trade and margin charges are on the FYERS and Rupeezy pages.
FYERS and Rupeezy strengths and things worth checking
FYERS
Strengths
- ₹0 AMC and account opening
- IPO applications free
- Low DP charge
Worth checking
- Brokerage on delivery
Up to ₹20 per order (₹15 on Prime).
- MTF on small amounts
16.49% a year on funding up to ₹1 lakh.
Rupeezy
Strengths
- Zero AMC
- Lower MTF
Worth checking
- Delivery has no cap
0.1% on each side: ₹15 on a ₹15,000 sale, more on bigger ones.
- DP charge on market sales not stated
Check it before you sell IPO shares.
Brokerage calculator: FYERS vs Rupeezy
| Charge | FYERS | Rupeezy |
|---|
Ours, with NSE rates. Change the trade to see what FYERS and Rupeezy would each charge.
Other comparisons
Every comparison with FYERS or Rupeezy, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, FYERS or Rupeezy?
Rupeezy does not publish its DP charge, so the full cost of selling IPO shares cannot be compared. On brokerage alone, one mainboard lot (₹15,000) costs ₹5.90 less at Rupeezy (our calculation). For two SME lots worth ₹2,50,000: FYERS ₹38.35, Rupeezy ₹295.00 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between FYERS and Rupeezy be over a year?
Not in full, because Rupeezy does not publish its DP charge. On brokerage alone, 12 mainboard lots of ₹15,000 cost ₹70.80 less at Rupeezy (our calculation).
Can I apply for SME IPOs on FYERS and Rupeezy?
Neither says clearly on its pages that SME IPOs can be applied for.
What is the demat AMC at FYERS and Rupeezy?
FYERS: ₹0 for trading and demat accounts. Rupeezy: Zero AMC for life for accounts opened after 15 Jun 2024.
What brokerage do FYERS and Rupeezy charge when I sell IPO shares?
Selling allotted shares is a delivery trade. On a ₹15,000 sale the brokerage with GST is ₹23.60 at FYERS and ₹17.70 at Rupeezy (our calculation from their published rates).