0.01%2,00,810 Clients
₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments
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. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company.
The company was founded by young entrepreneurs who believe 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 India. They are among the cheapest stock brokers online. Fyers' simple pricing model offers trading across segments for the same flat brokerage fee of a maximum of Rs 20 per executed order. No matter your order's size, Fyers charges a maximum of Rs 20 per executed order. Fyer charges 0.03% or Rs 20, whichever is lower brokerage in the Equity Delivery segment.
Fyers offers an in-house build web trading platform, installable desktop trading terminal and mobile trading app, all for free to its customers.
| SEBI Registration | NSE Member code | Net Worth (In ₹ Cr.) |
|---|---|---|
| INZ000008524 | 90061 | 175.61 |
What makes Fyers different from the competition?
This is a limited-time offer. Open FREE Fyers Trading Account online and start trading today.
Fyers account opening charges are Rs 0 (free) for online account opening. The Demat account AMC is Rs 0 (free for lifetime).
| Transaction | Charges |
|---|---|
| Trading & Demat Account Opening | Rs 0 |
| Trading Account AMC | Rs 0 (Free for Lifetime) |
| Demat Account AMC | Rs 0 (Free for Lifetime) |
Fyers follows a fixed brokerage model wherein it charges a flat Rs 20 or 0.03% (whichever is lower) per executed order. It charges 0.03% or Rs 20, whichever is lower brokerage on equity delivery. The maximum brokerage chargeable per order is Rs 20.
| Segment | Brokerage Fees |
|---|---|
Equity Delivery | Rs 20 per executed order of 0.03% whichever is lower |
Equity Intraday | Rs 20 per executed order of 0.03% whichever is lower |
Futures (Equity, Currency, Commodity) | Rs 20 per executed order of 0.03% whichever is lower |
Options (Equity, Currency, Commodity) | Rs 20 per executed order |
| Fyers Charges | Equity Delivery | Equity Intraday |
|---|---|---|
| Brokerage | Rs 20 per executed order of 0.03% whichever is lower | Rs 20 per executed order or 0.03% (whichever is lower) |
| STT | 0.1% on both Buy and Sell | 0.025% on the Sell Side |
| Transaction / Turnover Charges | NSE: 0.00325% | NSE: 0.00325% |
| Goods and Services Tax (GST) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| SEBI Charges | 0.0001% (Rs 10/Crore) | 0.0001% (Rs 10/Crore) |
| Stamp Charges | 0.015% (Rs 1500 per crore) on buy-side | 0.003% (Rs 300 per crore) on buy-side |
Fyers F&O brokerage charge is flat Rs 20 per executed order or 0.03% (whichever is lower). You also have to pay taxes like STT, Transaction Fee, GST, SEBI charges, and Stamp Duty.
| Fyers Charges | Futures | Options |
|---|---|---|
| Brokerage | Rs 20 per executed order or 0.03% (whichever is lower) | Rs 20 per executed order |
| STT | 0.01% on Sell Side | 0.05% on Sell Side(on Premium) |
| Transaction / Turnover Charges | NSE: 0.0019% | NSE: 0.05% |
| Goods and Services Tax (GST) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| SEBI Charges | 0.0001% (Rs 10/Crore) | 0.0001% (Rs 10/Crore) |
| Stamp Charges | 0.002% (Rs 200 per crore) on buy-side | 0.003% (Rs 300 per crore) on buy-side |
Fyers Fee Structure Explained:
Fyers brokerage hidden charges include call & trade charges, position squared-off by broker and SMS trade alerts as explained below:
VisitFyers Brokerage Charges Reviewfor more detail.
₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments
Steps to open your free FYERS account
Fyers has developed its trading platform. This includes the front end as well as the back end (including the risk management engine and order management system). The trading platform is still in evolution and tons of new features are being added every month.
Fyers trading platform major applications:
FYERS App is a mobile trading and investment platform available for Android and iOS devices. It allows users to trade across equities, derivatives, commodities, and currencies, while offering features such as advanced charts, stock screeners, watchlists, option strategies, portfolio tracking, and fund transfers.
FYERS Web is a browser-based trading platform that can be accessed without software installation. It provides real-time market data, portfolio tracking, option strategy tools, advanced charting, and order management across multiple market segments.
FYERS One is a desktop trading terminal designed for active traders. It offers advanced charting, customizable workspaces, F&O analysis tools, stock screeners, portfolio tracking, and detailed trading reports.
FYERS Next is a desktop trading platform focused on speed and market analysis. It includes real-time market widgets, option strategy tools, market depth analysis, GTT order tracking, margin calculators, Price Ladder, and TradingView-powered charts.
FYERS supports TradingView integration, allowing users to trade directly from charts while accessing multiple chart types, technical indicators, drawing tools, and historical market data.
FYERS API enables developers and algo traders to build automated trading systems using trading and market data APIs.
Visit Fyers Trading Software Review for more detail.
🚀 Open Your Fyers Account Today!
₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments
The following are the advantages of Fyers. You must read Fyers advantages and disadvantages before opening an account with Fyers. Fyers pros and cons help you find if it suits your investment needs.
The following are the cons of Fyers. Check the list of Fyers drawbacks.
Fyers margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Fyers F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Fyers F&O carry forward positions and equity delivery trades.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value for T+5 days | 1x |
| Equity Intraday | Up to 20% of trade value | 5x |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure + Delivery margin) | 1x |
| Overall Rating |  2.9/5 |
| Fees |  3.4/5 |
| Brokerage |  3.6/5 |
| Usability |  3.2/5 |
| Customer Service |  3.0/5 |
| Research Capabilities |  2.4/5 |
Based on 39 Votes by Fyers Customers
Do you trade with Fyers? Rate Fyers
The number of Fyers customer complaint received by the exchanges. The Fyers consumer complaint report helps understanding the Fyers quality and relibility of service.
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
|---|---|---|---|---|
| NSE | 2026-27 | 200810 | 6 | 0.003 % |
| BSE | 2025-26 | 83048 | 10 | 0.012 % |
| NSE | 2025-26 | 200780 | 109 | 0.0543 % |
| BSE | 2024-25 | 83943 | 5 | 0.006 % |
| NSE | 2024-25 | 238340 | 196 | 0.08 % |
| BSE | 2023-24 | 52299 | 14 | 0.03 % |
| NSE | 2023-24 | 231738 | 137 | 0.05 % |
| BSE | 2022-23 | 14683 | 3 | 0.02 % |
| NSE | 2022-23 | 172712 | 159 | 0.09 % |
| BSE | 2021-22 | 7703 | 4 | 0.05 % |
* The number of active customers reported by the broker.
** The total number of complaints received against the broker at the given exchange.
Visit Fyers Complaints at BSE, NSE and MCX for detail report.
Fyers offers an instant account opening process when you have your Aadhar card linked to your current phone number for OTP authentication. This 100% online and paperless account can be online in just 1 day.
Steps to open Fyers account
You will receive the newly created account details with login credentials to your registered Email ID within 24 hours.
Keep photos/scanned copies of the following documents while opening your account.
Fyers 30 day challenge is a reward program intended to keep traders focused on profitability. As a part of the program, if you trade profitably for 30 days, the brokerage (up to Rs 10,000) charged during the period will be refunded by the company.
The challenge is open for all trades across NSE, BSE and MCX.
How Fyers 30 Day Challenge works?
Note:
Information on this page was last updated on Wednesday, August 28, 2024
₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments
₹0 account opening and ₹0 Demat AMC| Trade at ₹20/order across segments| ₹0 brokerage on Direct Mutual Funds Investments
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