Broker comparison

Angel One vs Fyers (2026): Brokerage, API, AMC & Execution Compared

Q: Angel One vs Fyers: which has lower delivery brokerage?

At our last review, Angel One published delivery brokerage as "₹20 or 0.1% per order (whichever is lower), minimum ₹5" and Fyers as "₹20 or 0.3% per order (whichever is lower)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.

Q: Does Angel One or Fyers have a trading API?

Both have documented APIs at review time: Angel One (SmartAPI), Fyers (Fyers API). Compare pricing and rate limits on each broker's developer page.

Q: Which is faster — Angel One or Fyers?

Angel One publishes ≈ 95 ms (median); Fyers publishes p99 < 7 ms (processing, self-reported). Sources and methodologies differ (including self-reported vs third-party figures) — they are not directly comparable without reading each source.

Q: Is Angel One cheaper than Fyers?

On our four example trades (intraday, delivery, options and futures), Angel One is cheaper on 0, Fyers on 0, and 4 are tied. Statutory charges are identical, so any difference comes from brokerage.

Q: Are these comparisons independent?

Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.

Side-by-side comparison of Angel One and Fyers from published official pricing and features — no affiliation with either broker.

By the Indian Broker Test editorial desk · Published 8 July 2026 · Data last reviewed 14 November 2026 · Independent

0 – 0Cheaper on example trades (Angel One – Fyers)
6 – 6Published features (of 9)

Angel One vs Fyers — published pricing and features (official sources at last review)
Metric	Angel One	Fyers
Delivery brokerage	₹20 or 0.1% per order (whichever is lower), minimum ₹5	₹20 or 0.3% per order (whichever is lower)
Intraday brokerage	₹20 or 0.1% per order (whichever is lower), minimum ₹5	₹20 or 0.03% per order (whichever is lower)
F&O brokerage	₹20 per order (flat)	₹20 per order (options); ₹20 or 0.03% per order for futures (whichever is lower)
AMC	Free first year, then ₹60 + GST per quarter (non-BSDA)	₹0 (zero AMC)
Account opening	Free (online)	Free (₹0 account opening)
Trading API	SmartAPI — Free (per official SmartAPI page)	Fyers API — Free (per official API page)
Reported execution speed	≈ 95 ms (median)	p99 < 7 ms (processing, self-reported)self-reported
Algo support	Yes - free SmartAPI with multi-language SDKs	Yes - free API; TradingView-based platform
Platforms	Angel One app, Angel One web, SpeedPro	Fyers app, Fyers Web, TradingView charts
Best for (published)	Traders who want flat-fee pricing plus research, or a free multi-language API.	Chart-driven and algorithmic traders who live in TradingView.

Statutory charges (STT, exchange fees, GST, etc.) are not included. Figures are from official pricing pages at our last review — verify before opening an account.

Cost face-off: what real trades cost

Total charges per round trip, brokerage + all statutory charges (NSE)
Trade	Angel One	Fyers	Cheaper
Intraday: ₹1 lakh buy & sell	₹82.97	₹82.97	Tie
Delivery: ₹50,000 buy & sell	₹178.98	₹178.98	Tie
Options: premium ₹100 × 75	₹66.43	₹66.43	Tie
Futures: ₹24,000 × 75	₹1,067.15	₹1,067.15	Tie

Illustrative quantities. Try your own trade in the compare-all brokerage calculator.

Feature check

Feature	Angel One	Fyers
Free delivery	–	–
Zero AMC	–	✓
Free API	✓	✓
TradingView	–	✓
MCX commodity	✓	✓
Mutual funds	✓	–
IPO	✓	✓
Research desk	✓	–
Published speed	✓	✓

What the published data shows

Both publish execution-speed figures (Angel One: ≈ 95 ms (median); Fyers: p99 < 7 ms (processing, self-reported)) — methodologies differ; see each profile before comparing on speed alone.

Tools & profiles

Related comparisons

Frequently asked questions

Angel One vs Fyers: which has lower delivery brokerage?

At our last review, Angel One published delivery brokerage as "₹20 or 0.1% per order (whichever is lower), minimum ₹5" and Fyers as "₹20 or 0.3% per order (whichever is lower)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.

Does Angel One or Fyers have a trading API?

Both have documented APIs at review time: Angel One (SmartAPI), Fyers (Fyers API). Compare pricing and rate limits on each broker's developer page.

Which is faster — Angel One or Fyers?

Angel One publishes ≈ 95 ms (median); Fyers publishes p99 < 7 ms (processing, self-reported). Sources and methodologies differ (including self-reported vs third-party figures) — they are not directly comparable without reading each source.

Is Angel One cheaper than Fyers?

On our four example trades (intraday, delivery, options and futures), Angel One is cheaper on 0, Fyers on 0, and 4 are tied. Statutory charges are identical, so any difference comes from brokerage.

Are these comparisons independent?

Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.

Sources

Angel One - official website - https://www.angelone.in
Angel One - official pricing - https://www.angelone.in/pricing
Fyers - official website - https://fyers.in
Fyers - official pricing - https://fyers.in/pricing/