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Fyers Complaints

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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...

Complaint against Fyers Broker

Fyers brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the Fyers customers. The Fyers 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 Complaints

Exchange	Financial Year	Total Complaints	Active Clients
BSE	2021-22	3	7,703
NSE	2021-22	126	85,043
BSE	2020-21	2	491
NSE	2020-21	129	35,963
NSE	2019-20	24	14,189
NSE	2019-20	3	7,099
NSE	2018-19	4	4,805
NSE	2017-18	6	1,827

Fyers complaint at NSE

	2021-22	2020-21	2019-20
Active Clients	85043	35963	14189
Complaints	126	129	24
Resolved through the exchange	103	114	19
Non actionable	16	8	0
Advised / Opted for arbitration	0	0	0
Pending for redressal with exchange	7	7	5
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

Fyers complaint at BSE

	2021-22	2020-21
Active Clients	7703	491
Complaints	3	2
Resolved through the exchange	2	1
Non actionable	0	0
Advised / Opted for arbitration	0	0
Pending for redressal with exchange	1	1
No. of arbitration filed by clients	0	0
Decided by arbitrators in favour of the clients	0	0
Decided by the arbitrators	0	0
Pending for redressal with arbitrators	0	0

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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13 Comments

13. Sarath kumar Oct 26, 2021 5:39:55 PM

I bought TVS MOTORS 53 quondaty at RS. 587.70(date :14.10.2021)

and sell at Rs. 622 (date 26.10.2021). But after selling result showing like this
bought 599 RS and sell 622. RS. It's incorrect my possition(599).

12. Nagaraj Pai Oct 13, 2021 6:11:39 PM

Account not activated from 2 weeks time.
When Fyers will improve customer service like others

11. Ravishek kumar singh Oct 11, 2021 5:06:41 PM

I didn't received my client id yet.

10. Rakesh kumar Sep 29, 2021 7:06:30 PM

Hlo sir my id XR10832 is not login in fyer app my gmail issu so please my gmail verification completed ..

9. Snehashish Sahio Sep 8, 2021 11:14:31 AM

Horrible Service.. Not at all professional to resolve or listen to any problem of any customer. Just give excuses... Disgusting and frustrated. Suggest not to open new account if you are planning for Deamt Ac.

8. D k sharma Aug 3, 2021 12:11:44 PM

Very very poor service number is 0 out of 5

7. SK Dwibedy Jul 24, 2021 10:03:41 PM

If you are planning to open an Demat account with Fyers. They will take not less than 3 weeks of time. After opening the service, the support service zero. There is no relationship manager to short out your issue. Very poor service.

6. HARISH CHANDRA YADAV Jul 9, 2021 10:01:36 PM

Share market ka sabse kharab app hai

5. Harish chandra yadav Jul 9, 2021 9:50:34 PM

अब तक की सबसे घटिया app है क्योंकि शेयर सेल करने पर concelled कर देता है l इनके पास कोई टीम नहीं है जो सहयोग कर सके l कस्टमर केयर तो केवल दिखाने के लिये है l

4. hamid akhtar Jul 5, 2021 11:35:59 AM

Today 5th july 2021, calling the customer service, for call and trade. Trying gard to execute my order for the past 1 hour. No able to sell my portfolio stocks.

Ac No. DH00699

3. dhanji marvada Apr 6, 2021 1:31:36 PM

फायर्स की सर्विस बहुत ही गटिया है।
सपोर्ट टीम भी सबसे गटिया है।

2. Rajesh G Feb 17, 2021 10:38:09 PM

Fyers stopped responding to update script and placing orders. For more than one hour support stopped responding for calls. I made loss because of using unresponsive fyers. I hope fyers covers my losses because of their problem. But finally support responded they are working on technical issues but can't cover my losses because of them. Sad. Avoid fyers.

1. Anupam Chauhan Feb 3, 2021 10:46:06 AM

Fyers not a reliable platform for trading. Buying orders does not execute on given a target, it executes before that buying price and hanging problem a lot with this platform. I got lots of loss from this platform.
Customers care doesn't understand the main problem.