Eligible new FYERS individual accounts receive ₹1,000 in credits after account activation. These credits can be used toward brokerage charges or to purchase a FYERS Prime subscription and expire 31 days from the account activation date.
The ₹0 brokerage benefit is provided through FYERS Credits rather than as an upfront waiver at the time an order is placed.
After your account is activated:
Any credits used for a FYERS Prime subscription will reduce the credit balance available for brokerage.
When you place an order, the applicable brokerage amount is initially blocked from your available funds, and credits are automatically applied against eligible brokerage charges at the end of each trading day. You do not need to redeem the credits or submit a manual request for the adjustment.
For example, if ₹20 is adjusted toward brokerage using the offer, ₹20 is deducted from your credit balance. This process continues while eligible credits remain available.
You can view your available FYERS Credits from:
Profile → Credits
The credit balance reflects the credits remaining after adjustments made toward brokerage or a FYERS Prime subscription.
| Scenario | Solution |
|---|---|
| Account activation is still in progress | The ₹0 brokerage offer is not yet active. The Markets screen displays a message indicating that the offer will be activated. |
| The entire ₹1,000 credit balance is used | The brokerage benefit ends once the available credits are exhausted, and the offer nudge is removed. |
| Credits remain when they reach their expiry | The unused credits expire after the applicable 31-day validity period. |
| Credits are used to purchase FYERS Prime | The amount used for the subscription is deducted from the same credit balance, reducing the credits remaining for brokerage adjustments. |