Angel One vs Fyers
How Angel One and Fyers compare on brokerage, demat AMC and DP charges — verified as of Jun 2026.
By NexMaxo Editorial Team · Charges verified Jun 2026
“Open account” links may be affiliate links — we may earn a commission at no extra cost to you; it never affects this comparison. How we make money →
Quick take
Angel One charges ₹20 or 0.1%, lower (min ₹5) and Fyers charges ₹20 or 0.3%, lower on delivery — so intraday/F&O fees, the DP charge and AMC decide it.
Angel One — cost-conscious investors and intraday/f&o traders who want a flat-fee broker with a big all-in-one app and a free algo api.
Fyers — active, chart-focused traders who want tradingview-grade charting and free apis; less ideal for buy-and-hold delivery.
Charges side by side
| Angel OneOpen | FyersOpen | |
|---|---|---|
| Equity delivery | ₹20 or 0.1%, lower (min ₹5) | ₹20 or 0.3%, lower |
| Intraday | ₹20 or 0.1%, lower (min ₹5) | ₹20 or 0.03%, lower |
| DP sell / scrip | ₹23.6 | ₹14.75 |
| Account opening | ₹0 | ₹0 |
| Demat AMC | ₹0 first year, then ₹60 + GST/quarter (~₹283/yr) | ₹0 (currently free |
| Type | Discount | Discount |
Standard published equity plans, verified Jun 2026. Statutory STT, exchange, SEBI, stamp duty & GST are identical across brokers.
Angel One
- Free equity delivery for the first 30 days, then capped at ₹20/order; flat ₹20-or-0.1%-lower intraday and F&O
- ₹0 account opening and ₹0 AMC in year one; BSDA keeps AMC at ₹0 for holdings under ₹4 lakh
- Free SmartAPI for algo trading with no monthly subscription
- Delivery isn't permanently free — after 30 days it costs up to ₹20/order (min ₹5)
- DP charge of ₹23.60 per scrip on every delivery sell
Fyers
- Free account opening and ₹0 demat AMC (currently), with no charge on MF and IPO investments
- TradingView-native charting on Fyers Web plus FYERS One desktop terminal and Insta Options
- Free, well-documented trading API and FYERS Automate for rule-based/algo strategies (no API subscription fee)
- Equity delivery is no longer free — ₹20 or 0.3% (lower) since 1 Oct 2024, so small delivery trades pay 0.3%
- Call & Trade costs ₹50 + GST per order — among the highest of the discount brokers
Angel One vs Fyers — FAQs
Angel One charges ₹20 or 0.1%, lower (min ₹5) and Fyers charges ₹20 or 0.3%, lower on delivery — so intraday/F&O fees, the DP charge and AMC decide it. On intraday, Angel One charges ₹20 or 0.1%, lower (min ₹5) and Fyers ₹20 or 0.03%, lower. The DP sell charge is ₹23.6 (Angel One) vs ₹14.75 (Fyers). Statutory charges are identical across brokers.
Angel One is a discount broker — cost-conscious investors and intraday/f&o traders who want a flat-fee broker with a big all-in-one app and a free algo api. Fyers is a discount broker — active, chart-focused traders who want tradingview-grade charting and free apis; less ideal for buy-and-hold delivery.
Either works to start. Look at the demat AMC (Angel One: ₹0 first year, then ₹60 + GST/quarter (~₹283/yr); Fyers: ₹0 (currently free), whether delivery is free, and which app you find simpler. Both hold your shares safely with CDSL/NSDL. This is information, not advice.
This is an informational comparison of published charges, not investment advice. Brokers change pricing and run promotions — confirm current rates on each broker's official charges page before opening. Investing carries market risk.