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... 
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.
| Exchange | Financial Year | Number of Clients
|
Total Complaints
|
% |
|---|---|---|---|---|
| BSE | 2020-21 | 491 | 2 | 0.41% |
| NSE | 2020-21 | 33,526 | 114 | 0.34% |
| NSE | 2019-20 | 14,189 | 24 | 0.17% |
| NSE | 2019-20 | 7,099 | 3 | 0.04% |
| NSE | 2018-19 | 4,805 | 4 | 0.08% |
| NSE | 2017-18 | 1,827 | 6 | 0.33% |
| 2020-21 | 2019-20 | 2019-20 | |
|---|---|---|---|
| Defaulter Yes/No | No | No | No |
| No. of clients at the beginning of the year | |||
| No. of active clients | 33526 | 14189 | 7099 |
| No. of complaints received * | 114 | 24 | 3 |
| Resolved through the exchange | 95 | 19 | 2 |
| Non actionable ** | 8 | 0 | 0 |
| Advised / Opted for arbitration | 0 | 0 | 0 |
| Pending for redressal with exchange | 11 | 5 | 1 |
| No. of arbitration filed by clients | 1 | ||
| Decided by arbitrators in favour of the clients | 1 | ||
| Decided by the arbitrators | 1 | ||
| Pending for redressal with arbitrators | 0 | ||
| % of No. of complaints as against No. of active clients | 0.34 | 0.16 | 0.04 |
| % of complaints resolved as against complaints received | 90.35 | 79.16 | 66.66 |
| 2020-21 | |
|---|---|
| Defaulter Yes/No | No |
| No. of clients at the beginning of the year | 7757 |
| No. of active clients | 491 |
| No. of complaints received * | 2 |
| Resolved through the exchange | 1 |
| Non actionable ** | 0 |
| Advised / Opted for arbitration | 0 |
| Pending for redressal with exchange | 1 |
| No. of arbitration filed by clients | 0 |
| Decided by arbitrators in favour of the clients | 0 |
| Decided by the arbitrators | 0 |
| Pending for redressal with arbitrators | 0 |
| % of No. of complaints as against No. of active clients | 0.41 |
| % of complaints resolved as against complaints received | 50 |
Note:
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