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FYERS Brokerage Charges

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    3.9

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    40+

    Cities Covered

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    2.5 Lacs+

    Orders Per Day

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    Daily Turnover

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    Our Client Base

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  • Life

    3.9

    Company Rating

  • Life

    40+

    Cities Covered

  • Life

    2.5 Lacs+

    Orders Per Day

  • Life

    10K Lacs+

    Daily Turnover

  • Life

    55000+

    Our Client Base

  • Life

    4.1

    Mobile App Rating

 
 
 

Fyers Account Opening Enquiry

 
 
 
 

FYERS Brokerage Charges, Transaction Charges, STT and SEBI Charges 

FYERS Securities Private Limited is a Bangalore based stock broker company which was established in August 2015. The organization has created a benchmark in providing low-prices and risk management without interest related disputes.
Zero brokerage per executed order for Equity delivery, Thematic investments and Flat ₹20 per executed order in rest of the segments are some of the key offerings by FYERS.

What is Brokerage Charge?
Whenever stocks/commodities are bought and sold, a charge is executed by the broker as commission. This commission is generally known as Brokerage charge.

FYERS Brokerages and Charges:
Trading and Demat account services are provided by FYERS, where customer have to pay fees, commission and taxes while trading. Trading commission rates and fee structure of FYERS is given below:

PARTICULARS

CHARGES

Equity Delivery

₹0/-

Equity Intraday

₹20 per executed order or 0.03% (whichever is lower)

Futures (Equity, Currency, Commodity)

₹20 per executed order or 0.03% (whichever is lower)

Options (Equity, Currency, Commodity)

₹20 per executed order

Call & Trade Services

₹20 per executed order

Admin Square Off Charges

₹20 per executed order

Physical Contract Note Charges

₹20 per physical contract note + courier charges

Physical Delivery

0.5% of the contract value

Expires / Exercised / Assigned Futures & Options Contracts

₹20

Cheque Bounce Charges

₹350

Payment Gateway Charges

₹10

Annual Maintenance Charges

Zero

Credit Charges (Buy Receive)

Nil

Debit Charges (Sell)

₹10+ ₹5.50 (CDSL Charges)

Pledge Request

₹50 + ₹12 per request (CDSL Charges)

Unpledged Request

₹50 + ₹12 per request (CDSL Charges)

Pledge Invocation

₹50

Dematerialization Charges

₹100 per certificate

Rematerialization Charges

₹100 per certificate + (CDSL Charges)

Conversion of MF Units / Destatementisation

₹100 per certificate

Reconversion of MF units in to SOA or Redemption/Restatmentisation Per SOA

₹100 per certificate + (CDSL Charges)

Stamp Charges

₹50

Failed / Rejected Transactions

Nil

Periodic Statement

Nil charges by Email.
₹ 50 + courier charges at actuals for physical statements

Adhoc / Non-Periodic Statement Requests

Nil

Additional Delivery Instruction Book (5 leaves)

₹100 + courier charges at actuals

Modification in Client Master List (CML)

₹50

Modification in KRA / Download

₹50

Account Opening Charges

₹400

Demat AMC

₹300

 

For Thematic Investing:

BUY

FREE

Sell/ Exit, Re-balance, Modify

₹100 or 2% (Whichever is lower)

 


FYERS Taxes Levied on Trading 

STT/CTT

Equity Delivery

0.1% on buy & sell

Equity Intraday

0.025% on the sell side

Equity Futures

0.01% on sell side

Equity Option

0.05% on sell side (on premium)

Currency Futures

No STT

Currency Options

No STT

MCX Futures

0.01% on the sell side

MCX Options

0.05% on the sell side


Transaction Charges

Equity Delivery

NSE: 0.00325%

Equity Intraday

NSE: 0.00325%

Equity Futures

NSE: Exchange txn charge: 0.0019% Clearing charge: 0.0005%

Equity Option

NSE: Exchange txn charge: 0.05% Clearing charge: 0.009%

Currency Futures

NSE: Exchange txn charge: 0.00115% Clearing charge: 0.0005%

Currency Options

NSE: Exchange txn charge: 0.04% Clearing charge: 0.009%

MCX Futures

MCX: Exchange txn charge: 0.0026% Clearing charge: 0.0018%

MCX Options

NSE: Exchange txn charge: 0.0000% Clearing charge: 0.05%

 

GST

Equity Delivery

 

 

 

18% on (brokerage + transaction charges)

Equity Intraday

Equity Futures

Equity Option

Currency Futures

Currency Options

MCX Futures

MCX Options

 

SEBI Charges

Equity Delivery

₹5 / crore

Equity Intraday

₹5 / crore

Equity Futures

₹5 / crore

Equity Option

₹5 / crore

Currency Futures

₹5 / crore

Currency Options

₹5 / crore

MCX Futures

₹5 / crore

MCX Options

₹5 / crore

Frequently Asked Questions


To buy either calls or puts, the margin requirement is only to the extent of the premium. Margin for buying options = Premium * Total Quantity.
Derivative contracts which are going to expire in the current month are called ‘Near Month Contracts’, those which expire next month are called ‘Next Month Contracts’ and those which expire after the month are called ‘Far Month Contracts’.
Fyers offers multiple modes to add funds in the traders trading account. They can add funds via IMPS/NEFT/RTGS, UPI and internet banking.
Proof of Identity, Proof of Address, PAN card, Bank statement, cancelled cheque and photographs are required to open an account with Fyers.
No, fund withdrawal is only processed through bank transfers.
No, fund withdrawals are credited only to the primary bank account.
When a customer places an order over the phone through a dealer, Fyers charge an additional ₹20 as Call & Trade Fee. Being an online stock broker, it prefers that the customer uses its online trading platform to execute orders. All trading software including an installable trading terminal, website and mobile application are made available free of charge to customers.
In that case, the client is obligated to clear all the dues to the broker immediately. Failing which, the client will be charged a penalty.
Yes, Fyers provides algo trading.
Yes, the minimum balance amount can be utilized to enter into any position.
Yes, Fyers allow investors to take Intraday future positions with lesser margin requirements than carry forward future transactions. But it is mandatory to square off such positions on the same day.
Anyone who has an account with Fyers is eligible for Thematic investments. It can be used by new and experienced investors alike.
Yes, FYERS provides "Good till Canceled" (GTC) or "Good till Date" (GTD) or "Valid till Date" (VTD) order.
IPV (In-Person Verification) is conducted through web camera after either collecting the account opening form or once all necessary documents are received by the FYERS’ executive.
A theme index represents the value of the particular theme/portfolio of stocks.
It is a mutual contract between two parties which derives its value from an underlying asset.
Yes indeed, as it is a regulatory requirement.
Yes, already existing Demat accounts can be linked with FYERS trading accounts. For further details, customers can contact their sales executive.
Yes, It provides market updates and news alerts.
Yes, it is mandatory to have a Demat account in order to make Thematic investments.
Traders can only nominate one person per mutual fund folio. In case, a client holds more than one folio then different nominees can be appointed for each folio.
Yes, Fyers offer advanced technical charts on its free trading terminal.
It is a facility that enables the investor to carry forward his/her futures positions beyond the expiry of contract. Basically, it’s a two-legged transaction. In the first leg the investor needs to square off the near month position, subsequently in the second leg he/she will have to take a fresh position in the same direction in the next or far month.
Yes, Fyers provides After Market Order (AMO).
The details will be communicated to the traders within 3 days from the date of transaction.
Fyers API Bridge is designed for Algo Trading. With this API, clients can develop and execute their trading strategies using their choice of 3rd party trading platform or design their own trading software.
This cycle refers to the period in which the buyer and seller of shares settle their obligation to each other. In India, we follow the T+2 settlement cycle. So, if the transaction takes place on Monday, the settlement will be done on the second trading day, which is Wednesday, if the transaction takes place on Tuesday, the settlement will take place on Thursday, so on and so forth.
Minimum margin is the margin amount that the investor should have allocated towards the open positions. If the minimum margin level is breached, the system will automatically block further funds. In case an investor does not have sufficient funds in his/her account, the position will be squared off.
It charges only for an executed order. So even if an order is executed in 5 different trades then it is considered only 1 executed order and you need to pay only ₹20.

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