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Fyers Securities has easy to understand pricing structure. They offer flat fees of Rs.20, Their brokerage calculator makes it quite easy to calculate charges.

Special Offer: Free equity delivery trade for Lifetime + Flat ₹20 Intra-day and F&O trades. Get the offer
Fyers Account Opening & AMC Charges

Fyers charges ₹0 (Free) for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. ₹300 are annual maintenance charges for a demat account and would get deducted from your account even if you have not traded for a year by Fyers to maintain your account.

Name Details
Trading Account Opening Fee ₹0 (Free)
Demat Account Opening Fee ₹0 (Free)
Demat Account AMC ₹300
Trading Account AMC ₹0 (Free)
Fyers Brokerage Charges

Please find below Fyers Brokerage charges in their basic Plan. Fyers provides delivery trade at ₹0 (Free), Intraday Trade at ₹20 per executed order or .03% whichever is lower, Equity Future Trade at ₹20 per executed order or .03% whichever is lower, and Equity Option Trade at ₹20 per executed order.

Plan Name Fyers
Equity Delivery ₹0 (Free)
Equity Intraday ₹20 per executed order or .03% whichever is lower
Equity Future ₹20 per executed order or .03% whichever is lower
Equity Options ₹20 per executed order
Currency Futures ₹20 per executed order or .03% whichever is lower
Currency Options ₹20 per executed order
Monthly Fee NA
Margin Trading
Commodity Futures ₹20 per executed order or .03% whichever is lower
Commodity Options ₹20 per executed order
Fyers Transaction Charges (Per Crore)

The Brokers in India charges Transaction / Turnover charges along with Brokerage on every order executed through the stock exchange. These charges differ by the stock exchange in which you trade and type of trades like delivery, intraday or F&O, etc. Fyers Transaction charges are as per the below table:

Name Details
Equity Delivery ₹325 per Cr (0.00325%)
Equity Intraday ₹325 per Cr (0.00325%)
Equity Future * ₹240 per Cr (0.0024%)
Equity Options * ₹5900 per Cr (on premium) (0.059%)
Currency Futures * ₹240 per Cr (0.0024%)
Currency Options ₹5900 per Cr (on premium) (0.059%)
Commodity NA
Fyers Other Charges

A lot of other Charges are getting levied other than brokerage by Fyers like minimum brokerage, call & Trade charges, Stamp duty, DP Charges, etc. A list of the same is in the below table.

Name Details
Minimum Brokerage Intra-day: ₹7 or 2.5% whichever is lower
Call & Trade ₹20 per trade
Stamp Duty * Charges as per the state of residence
DP Charges (on sell side) ₹20 per scrip
Other Miscellaneous Charges Square-off by Fyers - ₹20 per trade, NRI Brokerage: ₹100 per executed order (For all segments)
Fyers Demat Account Charges

The charges on Demat account transactions are charged separately and over and above trading Brokerage. Find Fyers demat account charges 2020.

Name Details
Depository Service Provider CDSL & NSDL
Account Opening Fee ₹400 (Free)
Advance Deposit NIL
AMC ₹0 (Free)
Dematerialisation Charges ₹2 per certificate + ₹35 courier charges
Rematerialisation Charges ₹25+ ₹35 courier charges
Transaction Charges (Credit) -
Transaction Charges (debit) ₹10 + ₹5.50 flat for every debit transaction
Pledge Creation Charges 0.05% of the transaction value subject to a minimum of ₹50 and a maximum of ₹250
Pledge Creation Confirmation Charges -
Pledge Invocation Charges 0.02% of the transaction value subject to a minimum of ₹50 + depository charges at actually
Failed Instruction Charges ₹30 per transaction
Other Charges Adhoc / Non Periodic Statement Requests: Rs 25 per request (up to 10 pages). Additional page at Rs 5 + Rs 35 (Couier Charges)

Charges Explained

  • Securities / Commodities Transaction Tax : Tax levied by the government when transacting on the stock exchanges. Charged on both buy and sell sides while trading equity delivery. Charged only on the side of sale when trading intraday or on F&O.
  • Transaction/Turnover Charges: Exchange transaction charges + Clearing charges which are charged by NSE, BSE, MCX, and clearing member.
  • Call & trade: No additional charges by Fyers for placing orders via Phone
  • Stamp charges: Charged by the state government of the client's correspondence address.
  • GST:Tax levied by the government on the services/Product delivered at 18% of (brokerage + transaction charges).
  • SEBI Charges:SEBI charges ₹15 per crore for regulating the markets.
  • DP (Depository participant) charges :DP Charges of ₹20 per scrip (irrespective of quantity) debited from demat account when stocks are sold.
  • AMC (Annual maintenance charges) :₹400/year charged by Fyers

Fyers Margin Exposure,Leverage for Intraday and F&O

  • Intraday Trading : Fyers offers 5 to 20 times exposure or leverage for stocks on which F&O trading is allowed. For most other stocks; Fyers gives 5 times exposure. Margins are given only for intraday trading.
  • Fyers Exposure for trading in Futures - Fyers lets clients take MIS (Margin Intraday Square off) positions with following margin:
    • Equity & Index futures – 40% of NRML(Normal) margin (Order squared off at 3:20pm)
    • Currency futures - 50% of NRML(Normal) margin (Order squared off at 4.30pm)
  • Fyers Margin for Options – Fyers doesn't offer any margin for buying Options.
Special Offer: Free equity delivery trade for Lifetime + Flat ₹20 Intra-day and F&O trades. Get the offer

Fyers User Reviews

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