Broker comparison
Angel One vs Fyers (2026): Brokerage, API, AMC & Execution Compared
Side-by-side comparison of Angel One and Fyers from published official pricing and features — no affiliation with either broker.
| Metric | Angel One | Fyers |
|---|---|---|
| Delivery brokerage | ₹20 or 0.1% per order (whichever is lower; see official pricing for current schedule) | ₹0 (free) |
| Intraday brokerage | ₹20 or 0.03% per order (whichever is lower) | ₹20 or 0.03% per order (whichever is lower) |
| F&O brokerage | ₹20 per order (flat) | ₹20 per order (flat) |
| 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.
What the published data shows
Fyers publishes free equity delivery; Angel One does not (per official pricing at review). 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
- Angel One full profile
- Fyers full profile
- Angel One brokerage calculator
- Fyers brokerage calculator
- Lowest brokerage brokers in India
- All broker comparisons
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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; see official pricing for current schedule)" and Fyers as "₹0 (free)". 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.
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/