FYERS applies specific administrative charges for certain order actions such as auto square-offs and call-based orders. Understanding these helps you manage trading costs effectively.
Admin Square-Off Charges
If you hold intraday positions beyond the trading cut-off, FYERS automatically squares them off between 3:15 PM and 3:30 PM to prevent carry-forward risk.
- ₹50 per executed order
- 18% GST applied on top
- Reflected in your ledger (not in the contract note)
Example: If two intraday positions remain open after 3:15 PM, you’ll be charged ₹50 × 2 = ₹100 + ₹18 GST = ₹118.
Call & Trade Charges
FYERS offers a Call & Trade service for clients who need help placing or modifying orders over the phone.
- ₹50 per executed order
- 18% GST applies additionally
- Charged only if the order executes
Example: A successful Call & Trade order = ₹50 + ₹9 (GST) = ₹59.
Use this service only in cases of platform downtime, internet issues, or emergencies.
Same-Day Equity Delivery Square-Off
If you buy or sell shares for delivery but close the position on the same day, FYERS reclassifies the trade as intraday, and intraday brokerage applies.
| Trade Type | Brokerage | Notes |
|---|
| Intraday (same-day square off) | 0.03% or ₹20 per executed order, whichever is lower | Applies to same-day trades |
| Delivery (overnight) | 0.3% or ₹20 per executed order, whichever is lower | Applies to overnight positions |
Order Cancellation Charges
FYERS does not charge for order cancellations — manual or automatic. Charges apply only to executed orders.
- You can cancel any pending order on FYERS platforms free of cost.
- Call & Trade cancellations are also free.
- Unexecuted orders are auto-cancelled at day-end with no charges.
What If...
| Scenario | Outcome |
|---|
| You forget to square off intraday positions before 3:15 PM | FYERS auto-closes them via Admin Square-Off and charges ₹50 per executed order plus 18% GST. |
| You close intraday positions before 3:15 PM | No Admin Square-Off charge applies. |
| You place orders through Call & Trade | ₹50 per executed order plus 18% GST applies. |
| You place a Call & Trade order but it does not execute | No charges apply. |
| You square off a delivery position on the same day | It is treated as intraday; intraday brokerage applies (0.03% or ₹20 whichever is lower). |
| You cancel a pending order manually or it auto-cancels at market close | No charge applies since the order was not executed. |
| You want to check segment-wise brokerage and statutory charges | Refer to this article. |
Last updated: 09 Oct 2025
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