What are the brokerage charges for NRIs trading in the F&O segment?
At FYERS, Non-Resident Indians (NRIs) trading in the Equity Futures & Options (F&O) segment are subject to a flat, transparent fee structure tailored for regulatory compliance and custodial processing.
Brokerage & Custodian charges
| Charge type | Details |
|---|
| Brokerage fee | ₹50 per executed order (applies to both Futures and Options) |
| Futures clearing charges | ₹150 per crore traded (monthly, charged by Orbis Financials Pvt. Ltd.) |
| Options clearing charges | ₹1500 per crore traded (monthly, charged by Orbis Financials Pvt. Ltd.) |
Important conditions
- To trade in F&O, NRIs must hold an NRO Non-PIS account and obtain a Custodial Participant (CP) code, which FYERS facilitates through Orbis Financials.
- These fees are in addition to applicable statutory charges such as STT, GST, exchange fees, and SEBI charges.
What if...
| Scenario | What you should know |
|---|
| You don’t yet have a CP code | Refer to our step-by-step guide or contact FYERS to help initiate the process |
| You're already active in Equity Delivery | F&O charges are applied separately, only on F&O segment activity |
| You’re considering trading in other segments | NRIs are not allowed to trade in Intraday Equity, Currency Derivatives, or Commodities as per FEMA regulations |
To reduce overall costs, consider grouping trades to reduce the number of executed orders. Also, use Futures for larger exposures when feasible, as the clearing fee is lower than that for Options.
Last updated: 24 Jun 2025
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