Explain Fyers ?20 per trade plan?

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.

In this plan, customer pay flat rate Rs 20 brokerage per executed order irrespective to the size of the order in Equity Intraday & Equity F&O and Currency F&O segments. For example, when you buy 1000 shares of Rs 100 each share in Intraday trading; you brokerage is charged at flat Rs 20.

The similar transaction with ICICIDirect or Sharekhan would cost you Rs 500 in brokerage (at 0.50%). This example shows saving of 97%, just on brokerage itself. You save further on the taxes which are paid on brokerage.

Note that Equity delivery trading at Fyers is free. You don't have to pay brokerage for equity delivery trades.


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