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Fyers Consumer Complaints

Fyers Detail

Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of "Focus Your Energy & Reform the Self", representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in... Know more about Fyers

Complaint against Fyers Broker

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Fyers brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the Fyers customers. The Fyers consumer complaints report analyzes the Fyers online complaint data provided by BSE and NSE. This report shows the health of the broker.

These complaints are serious grievances against Fyers broker which the broker and customer failed to resolve. The customer then filed these legal complaints with the stock exchange.

The Fyers complaint no. report also provides Fyers’s number of active clients. This shows the growth of the broker year on year.

Fyers Consumer Complaints

Exchange Financial Year Number of Clients   ? Total Complaints  ?
NSE 2019-20 7,099 3
NSE 2018-19 4,805 4
NSE 2017-18 1,827 6

Fyers complaint at NSE

2019-202018-192017-18
Defaulter Yes/NoNoNoNo
No. of clients at the beginning of the year
No. of active clients709948051827
No. of complaints received *346
Resolved through the exchange246
Non actionable **000
Advised / Opted for arbitration000
Pending for redressal with exchange100
No. of arbitration filed by clients
Decided by arbitrators in favour of the clients
Decided by the arbitrators
Pending for redressal with arbitrators
% of No. of complaints as against No. of active clients0.040.080.32
% of complaints resolved as against complaints received66.66100100

Fyers complaint at BSE

No complaints found at BSE.

Note:

  • * Including against its sub brokers, authorised persons, employees, etc.
  • ** Non actionable means the complaint that are incomplete / outside the scope of the Stock Exchange

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