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...
| Scenario | Outcome |
|---|
| I place multiple sell orders for the same stock | Charged once per day for that stock. |
| I sell three different stocks | DP charges apply to each stock individually. |
| I only buy stocks on a particular day | No DP charge is applied. |
Reference
Last updated: 24 Jun 2025
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