Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
-6.72%2,22,329 Clients
Fyers Account Opening Enquiry
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.
Fyers offers Insta Options, an advanced tool designed to streamline Futures & Options analysis and execution, catering to both novice and experienced traders. It offers a comprehensive suite of features to create, analyze, and execute trades, helping you make informed decisions and uncover profitable opportunities.
Following are the Key Features of Insta Options by Fyers:
This is a limited-time offer. Open FREE Fyers 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.
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:
Built for traders and investors who likes to trade on mobile phones, Fyers App is an advanced mobile trading app with rich features. The mobile app is available for Android and iOS devices. The key feature of the Fyers trading app includes multiple watch list, a stock screener, pre-loaded options strategies, technical indicator and live stock quotes. Customers can also transfer funds to & from Fyers through this mobile app.
Build for investors/traders who are comfortable with website-based trading, the Fyers Web is a fully functional online trading application. The Fyers Web can be accessed from any web browser. The features of this application include a portfolio tracker, auto-screened option strategies (multi-leg Orders) and live data feed.
Built for professional traders, the Fyers installable trading terminal is loaded with industry-standard features including advanced charting, flexible workspaces, F&O Analysis tools, stock screeners, advanced end-of-day reporting and portfolio tracker.
Is a desktop terminal for trading. It offers a 360-degree analysis of stocks with a snap ratio, market depth and more. Fyer Next gives you a fast and accelerated trading experience. Trade and invest as fast as 50 milliseconds.
Below are the key features of Fyer's Next Trading Terminal:
The platform includes a powerful charting and analysis feature, historical data for testing different strategies, creating and sharing your indicators and strategies, and trading with 15 highly interactive chart types, 100 indicators and 50 drawing tools.
The community is a platform to interact with thousands of active traders and investors to learn and share your knowledge on the company's buzzing forum. Be an active member of the community. Earn reward points when you answer others' queries.
This platform/app is a comprehensive and user-friendly School of Stocks app. Discuss individual lessons with the community, ask questions, take quizzes, and resolve your questions on the go.
Visit Fyers Trading Software Review for more detail.
Fyers Account Opening Enquiry
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 |  3.5/5 |
| Usability |  3.2/5 |
| Customer Service | 2.9/5 |
| Research Capabilities |  2.3/5 |
Based on 37 Votes by Fyers Customers
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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** | % |
|---|---|---|---|---|
| BSE | 2025-26 | 33695 | 2 | 0.0059 % |
| NSE | 2025-26 | 222329 | 37 | 0.0166 % |
| 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 % |
| NSE | 2021-22 | 124152 | 191 | 0.15 % |
* 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:
Fyers Account Opening Enquiry
Information on this page was last updated on Wednesday, August 28, 2024
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