FYERS, One of the india’s leading stock broker firm provides feature-rich trading platform for Stocks, Futures and Options, Currency, Commodities, Mutual Funds, IPOs and more in discounted rates. Fyers provide best trading experience with lowest brokerages charges.
In this article, We Explain FYERS brokerage charges and pricing model in detail so you can easily understand the fees structure and taxes you can face when investing or trading through FYERS Web & App.
Fyers Brokerage Charges Detailed List
FYERS brokerage charges and pricing, Fyers offers FREE account opening & Zero AMC for life, Zero brokerage for equity delivery and ₹20 or 0.03% for equity Intraday & Futures, Fyers charges flat ₹20 for options per executed order.
We have divided this section into four parts, the first section covers basic general charges list, the second section covers regulatory charges for equity, FnO, currency and commodity, the third covers penalties, Margin trading charges and last section we explained all charges in details.
Key Charges (Fyers Brokerage Charges)
₹0
For Account Opening
FREE account opening and ZERO charges for MF & IPOs
₹20
For Equity
₹20 or 0.03% per executed order, whichever is lower applied on Delivey, Intraday & MTF
₹20
For Futures
₹20 or 0.03% per executed order, whichever is lower applied on all future trades
₹20
For Options
Flat ₹20 per executed order on Options trading.
Fyers Basic Charges List
| Description | Charges |
|---|---|
| Account Opening Charges | ₹0 FREE |
| Annual Maintenance Charges (AMC) | ₹0 |
| Call & Trade Services | ₹50 + 18% GST |
| Auto Square Off Charges | ₹20 + 18% GST per Order |
| Depository Participant charges (DP) | ₹3.5 (CDSL Charges) per transaction & ₹3.5 for Female first holder account |
| Platform Charges | ₹0 |
| Cheque Bounce Charges | ₹0 |
| Payment Gateway Charges | ₹0 (Free for UPI and Net banking) |
| Credit Charges (Buy Receive) | ₹0 |
| Pledge Request | ₹5 |
| Unpledge Request | ₹0 |
| Pledge Invocation | ₹5 |
| MTF Pledge Request | ₹12 |
| MTF Unpledge Request | ₹12 |
| Demat Charges | ₹0 |
| Remate Charges | Every 100 securities ₹10, Part there of; subject to maximum ₹5,00,000/- Or Flat fee ₹10/- per certificate, whichever is higher |
| DDPI Charges | ₹150 |
| Failed / Rejected Demat Transactions | ₹0 |
| Periodic Statement | ₹0 charges by Email & ₹50 + courier charges by physical |
| Delivery Instruction Book | ₹150 + courier charges / 5 leaves |
| Modification in KRA / Download | ₹50 |
| Modification in Client Master List (CML) | ₹50 |
| Transfer of shares from Fyer Demat to other Demat | ₹12.50 + GST |
| Transfer of shares from other Demat to Fyers | ₹0 |
Regulatory charges List
Equity delivery, Equity Intraday, Futures & Options Regulatory Charges
| Type | Equity delivery | Equity intraday | Futures | Options |
|---|---|---|---|---|
| Brokerage | ₹20 or 0.03% per executed order whichever is lower | ₹20 or 0.03% per executed order whichever is lower | ₹20 or 0.03% per executed order whichever is lower | Flat ₹20 per executed order |
| STT | 0.1% on buy & sell | 0.025% on the sell side | 0.02% on the sell side | 0.1% on sell side |
| Exchange charges | NSE: 0.00297% BSE: 0.00375% | NSE: 0.00297% BSE: 0.00375% | NSE: 0.00173% BSE: 0 (Zero) | NSE: 0.03503% BSE: 0.005% |
| GST | 18% on brokerage + SEBI charges + transaction charges + Other Tax | 18% on brokerage + SEBI charges + transaction charges + Other Tax | 18% on brokerage + SEBI charges + transaction charges + Other Tax | 18% on brokerage + SEBI charges + transaction charges + Other Tax |
| SEBI charges | ₹10 / crore or 0.0001% | ₹10 / crore or 0.0001% | ₹10 / crore or 0.0001% | ₹10 / crore or 0.0001% |
| Stamp charges | 0.015% | 0.003% | 0.002% | 0.003% |
| IPST (NSE) | 0.0001% of the turnover | 0.0001% of the turnover | 0.0001% of the turnover | 0.0005% of the turnover |
Currency Regulatory Charges
| Type | Currency Futures | Currency Options |
|---|---|---|
| Brokerage | ₹20 or 0.03% per executed order whichever is lower | Flat ₹20 per executed order |
| STT/CTT | – | – |
| Exchange charges | NSE: 0.00035% BSE: 0.00045% | NSE: 0.0311% BSE: 0.001% |
| GST | 18% on brokerage + transaction charges + Clearing Charges | 18% on brokerage + transaction charges + Clearing Charges |
| SEBI charges | ₹10 / crore | ₹10 / crore |
| Clearing Charges | 0.0005% | NSE: 0.009% |
| Stamp charges | 0.0001% on Buy Side | 0.0001% on Buy Side |
Commodity Regulatory Charges
| Type | Commodity Futures | Commodity Options |
|---|---|---|
| Brokerage | ₹20 or 0.03% per executed order whichever is lower | Flat ₹20 per executed order |
| CTT | 0.01% on sell (Non Agri) | 0.05% on sell side |
| Clearing Charges | 0.0018% | 0.05% |
| Exchange charges | Group A: 0.0021% Group B: Refer Contract Note | Exchange Charges 0.0418% |
| GST | 18% on brokerage + SEBI charges + transaction charges | 18% on brokerage + SEBI charges + transaction charges |
| SEBI charges | ₹1/crore for Agri and ₹10/crore | ₹10/crore |
| Stamp charges | 0.002% on Buy Side | 0.003% on Buy Side |
Mutual Fund Charges – Fyers MF Brokerage Charges
| Description | MF Charges |
|---|---|
| Account Opening Charges | ₹0 FREE |
| Maintenance Charges | ₹0 FREE |
| Platform Fee | ₹0 FREE |
| Brokerage Charges | Zero Brokerage |
| Commission | ₹0 Commission (Direct Mutual Funds) |
| Payment | ₹0 Charges |
| Selling Charges | DP charges amounting to ₹12.5 plus GST will apply |
FYERS MTF (Margin Trading Facility) Charges
Interest Charges for MTF: Fyers charges 18% annualy i.e. 0.0493% per day for the funded amount.
FYERS Brokerage Charges: 0.03% or ₹20 whichever is lower / per order
Pledge Charges: ₹12+ 18% GST per request on both side pledge and unpladge.
Penalty Charges
- Auto Square Off: ₹50 per order automatically squared by fyers team before market closure.
- FYERS apply a penalty of 18% per annum on the debit balance in a trading account.
Fyers Brokerage Charges Table
| Segment | Fyers Brokerage Charges |
|---|---|
| Equity Delivery | 0.03% or ₹20 whichever is lower |
| Equity Intraday | 0.03% or ₹20 whichever is lower |
| Equity Futures | 0.03% or ₹20 whichever is lower |
| Equity Options | Flat ₹20 per exicuted order |
| Currency and Commodity Futures | 0.03% or ₹20 whichever is lower |
| Currency and Commodity Options | Flat ₹20 per exicuted order |
Charges Explain
Government Charges
- STT (Securities Transaction Tax) – This charges levied by the government on securities and charged on both buy and sell orders for equity delivery & charged only on sell when you trade intraday in equity and FnO.
- GST 18% – Charged by government on the services. this is additional charges on brokerage, DP charges, Exchange charges, IPFT, Sebi Ternover and auto square off charges.
- Stamp duty charges – Stamp duty charges are a part of state government revenue system applicable on the trading of securities.
Regulatory Charges
- Transaction Charges – This charges applicable or charged by exchange like nse & bse on total value.
- SEBI Charges – SEBI a government regulating body in indian securities market charged ₹10 per crore.
DP Charges
- ₹3.5 + GST per sell transaction, on the debit day, is charged from the trading account when stocks are sold. This is charged by the depository and depository participant.
NRI Fyers Brokerage Charges
- NRI Account Opening Charges: ₹0 ZERO
- NRI AMC Charges: ₹0 ZERO
- Brokerage: 0.5% or ₹50 whichever is lower will be charged per executed order.
- F&O: NA
- F&O for NRO Non-PIS: ₹50 per traded order
In the above article, we taken a close look at Fyers brokerage charges and fees, see what you actually pay when using fyers platform for investing and trading. Fyers stands out by offering cutting-edge top level trading platform in discounted rates with zero platform fees, making it easy for every beginners to start trading with pro features at no extra cost.
Overall, Fyers’s transperent brokerage pricing and advanced trading products simplifies the best in class trading experience as well as attract new traders and investors with top notch user-friendly UI UX design also fyers provide all services at discounted rates.
