How DP charges are levied in FYERS?

How are DP Charges Levied in FYERS?

At FYERS, DP (Depository Participant) charges are applied in a simplified, fixed-cost manner to make trading more predictable and cost-efficient for investors.

DP Charges Structure

  • Flat charge: ₹12.5 + 18% GST
  • Basis: Charged per stock (ISIN) per day, regardless of trade count
  • Applies to: Both market and off-market sell transactions
  • Not applied on: Buy-only transactions

Example

  • If you sell HDFC Bank shares five times in a single trading day → You pay ₹12.5 + GST once, not per transaction
  • Under the old pricing (₹3.5 + GST per trade), you would have paid ₹17.5 + GST for five sell orders
  • If you sell two different stocks in one day → You will be charged ₹12.5 + GST per stock
FYERS' per-ISIN DP charging model makes it more economical for active traders placing multiple sell orders in a day.

What if...

ScenarioOutcome
I place multiple sell orders for the same stockCharged once per day for that stock.
I sell three different stocksDP charges apply to each stock individually.
I only buy stocks on a particular dayNo DP charge is applied.

Reference

Last updated: 24 Jun 2025

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