FYERS offers a transparent, capped brokerage model for both equity intraday and equity delivery trades. This ensures consistent cost efficiency—whether you trade frequently or invest long term.
For intraday equity trades:
If your transaction value is small, you’ll likely pay less than ₹20 per order.
Example: If you place an intraday trade worth ₹10,000:
0.03% of ₹10,000 = ₹3. Since ₹3 is lower than ₹20, your brokerage will be ₹3 for that executed order.
You can estimate your intraday trading costs using the FYERS Brokerage Calculator or review all applicable fees through the FYERS Charges List.
From 1 October 2024, FYERS updated its equity delivery brokerage as per SEBI’s “True to Label” circular. Delivery brokerage is now:
This ensures brokerage remains capped at ₹20 per order, even for large delivery trades.
Previously, FYERS offered zero brokerage on delivery trades. The pricing was revised from 1 October 2024 in accordance with SEBI regulations. For details, refer to the Brokerage Revision Notice.
Use the FYERS Brokerage Calculator or the FYERS Charges List to verify the latest rates.
| Scenario / Question | Outcome / Explanation |
|---|---|
| You place a large intraday order | Brokerage is capped at ₹20 per order, regardless of trade size. |
| You place several small intraday orders | Each executed order is charged 0.03% or ₹20, whichever is lower. |
| You cancel an intraday order | No brokerage is charged unless the order is executed. |
| You place a high-value delivery trade | Brokerage remains capped at ₹20 maximum. |
| You traded before 1 October 2024 | The earlier zero-brokerage policy applied to delivery trades. |
| You hold delivery stocks long term | Brokerage is charged only once—when the order is executed. |
| You want to know all FYERS brokerage and statutory charges | Refer to this article. |
| You want to know why FYERS does not offer zero brokerage | Refer to this article. |
Last updated: 09 Oct 2025