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Fyers Complaints

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Fyers Account Opening

Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

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

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
NSE 2022-23 56 142,962
BSE 2021-22 4 7,703
NSE 2021-22 191 124,152
BSE 2020-21 2 491
NSE 2020-21 129 35,963
NSE 2019-20 24 14,189
NSE 2018-19 4 4,805
NSE 2017-18 6 1,827

Fyers complaint at NSE

2022-232021-222020-21
Active Clients14296212415235963
Complaints56191129
Resolved through the exchange38156114
Non actionable7228
Advised / Opted for arbitration000
Pending for redressal with exchange11137
No. of arbitration filed by clients1
Decided by arbitrators in favour of the clients1
Decided by the arbitrators1
Pending for redressal with arbitrators0

Fyers complaint at BSE

2021-222020-21
Active Clients7703491
Complaints42
Resolved through the exchange41
Non actionable10
Advised / Opted for arbitration00
Pending for redressal with exchange01
No. of arbitration filed by clients00
Decided by arbitrators in favour of the clients00
Decided by the arbitrators00
Pending for redressal with arbitrators00

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

Fyers Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.


16 Comments

16. vikash   I Like It. | Report Abuse |   Link | Apr 11, 2022 12:53:01 PM Reply
unable to get withdrawal money last 1 week.
there is no withdrawal option and withdrawal balance shows 0. called to executive multiple time but they are refusing my request. is fyers using client money for their purpose?? warning and requesting to all please be careful… fyers using client money if fund is not using by client.
15. Rishab   I Like It. | Report Abuse |   Link | Feb 18, 2022 12:55:46 PM Reply
I am unable to invest 1000/- in mutual funds through lumpsum mode as it asks for minimum 5000/-. It's been multiple times since I raised this but it has not been resolved.
14. Bidyut Chatterjee   I Like It. | Report Abuse |   Link | Jan 10, 2022 9:30:39 PM Reply
I realized that Fyers Web is not at all a stable trading platform.
Provides worst support system.
Raised ticket no. 623787 and rang up sveral times to resolve holding problems in my Fyers Web dashboard.
It's now more than two days no solution.
Presently I am at a loss, as I am not in a postion to sell my holdings.
Shortly going to raise this problem to Mr. Tezas through social media.
I am totally upset with Fyers.
13. maram sekhar   I Like It. | Report Abuse |   Link | Dec 7, 2021 10:00:53 AM Reply
worest service app not upadete and app not working
dear friends
(2nd december opening till app not working customer agent not pickup the phone and message not reply
12. Sarath kumar   I Like It. | Report Abuse |   Link | Oct 26, 2021 4:39:55 PM Reply
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).
11. Nagaraj Pai   I Like It. | Report Abuse |   Link | Oct 13, 2021 5:11:39 PM Reply
Account not activated from 2 weeks time.
When Fyers will improve customer service like others
10. Ravishek kumar singh   I Like It. | Report Abuse |   Link | Oct 11, 2021 4:06:41 PM Reply
I didn't received my client id yet.
9. Snehashish Sahio   I Like It. | Report Abuse |   Link | Sep 8, 2021 10:14:31 AM Reply
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   I Like It. | Report Abuse |   Link | Aug 3, 2021 11:11:44 AM Reply
Very very poor service number is 0 out of 5
7. SK Dwibedy   I Like It. | Report Abuse |   Link | Jul 24, 2021 9:03:41 PM Reply
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   I Like It. | Report Abuse |   Link | Jul 9, 2021 9:01:36 PM Reply
Share market ka sabse kharab app hai
5. Harish chandra yadav   I Like It. | Report Abuse |   Link | Jul 9, 2021 8:50:34 PM Reply
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   I Like It. | Report Abuse |   Link | Jul 5, 2021 10:35:59 AM Reply
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   I Like It. | Report Abuse |   Link | Apr 6, 2021 12:31:36 PM Reply
फायर्स की सर्विस बहुत ही गटिया है।
सपोर्ट टीम भी सबसे गटिया है।
2. Rajesh G   I Like It. | Report Abuse |   Link | Feb 17, 2021 9:38:09 PM Reply
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   I Like It. | Report Abuse |   Link | Feb 3, 2021 9:46:06 AM Reply
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.