We at FYERS follow a transparent, True to Label pricing model. This comprehensive guide details all charges—brokerage, statutory levies, margin interest, and service fees—organized for your convenience.
We do not charge any brokerage for these investment categories—empowering you to invest freely.
| Segment | Brokerage |
|---|---|
| Mutual Funds | ₹0 |
| IPO Applications | ₹0 |
These charges apply per executed order. We charge the lower of a flat fee or a percentage rate.
| Segment | Brokerage |
|---|---|
| Equity Intraday | ₹20 or 0.03% |
| Equity Delivery | ₹20 or 0.3% |
| Equity Futures | ₹20 or 0.03% |
| Equity Options | ₹20 flat |
| Commodity Futures | ₹20 or 0.03% |
| Commodity Options | ₹20 flat |
As per SEBI’s True to Label circular (effective October 1, 2024), the following statutory charges apply per executed order. These are regulatory levies beyond FYERS' control and vary by segment.
| Charge Type | Description | Segment-wise Rates (Indicative) |
|---|---|---|
| STT/CTT | Securities/Commodities Transaction Tax (levied by Govt. of India) | Equity Delivery: 0.1% buy & sell Equity Intraday: 0.025% sell Futures: 0.01% sell Equity Options: 0.05% sell Commodity Futures: 0.01% sell Commodity Options: 0.05% sell |
| Transaction Charges | Exchange fees (NSE, BSE, MCX etc.) vary by segment | Equity: 0.00297% Futures: 0.00173% + 0.0005% Options: 0.03503% + 0.009% Commodity: 0.0021% + 0.0018% (Futures), 0.0418% + 0.05% (Options) |
| GST | Goods & Services Tax at 18% on brokerage and transaction charges | 18% (on brokerage + transaction charges) |
| IPFT | Investor Protection Fund Trust charges | Equity intraday, delivery, futures ₹10 per crore Equity options ₹50 per crore |
| SEBI Charges | SEBI turnover charges | ₹10 per crore (across all segments) |
| Stamp Duty | State-wise stamp charges auto-deducted by exchanges | As per applicable laws |
Use our Brokerage Calculator to view the total cost of your trades including all statutory levies.
We offer competitive MTF interest rates with slab-based pricing. Visit our MTF Interest Rate FAQ for details.
| Charge Type | Details |
|---|---|
| MTF Brokerage | ₹20 or 0.3% per executed order |
| MTF Pledge Request | ₹12 per request |
| MTF Unpledge Request | ₹12 per request |
| Interest | Interest-free up to ₹1,000; slab-wise above |
Foundational services for your FYERS account are simple and affordable.
| Service | Charge |
|---|---|
| Account Opening | ₹0 |
| Demat AMC | ₹0 |
| DDPI Setup | ₹150 (incl. GST) |
| Modification (KRA/CML) | ₹50 |
Need assistance or support services? Here's what we charge.
| Service | Charge |
|---|---|
| Call & Trade | ₹50 + 18% GST per executed order (FAQ) |
| Admin Square Off | ₹50 + 18% GST per order (FAQ) |
| Auto Pledge/Unpledge (CUSPA) | ₹5 per request |
| Margin Pledge Request | ₹5 (FAQ) |
| Margin Unpledge Request | ₹0 |
| Margin Re-pledge | ₹1 |
Charges applied in case of funding shortfalls or collateral mismanagement.
| Charge Type | Rate |
|---|---|
| Ledger Debit Interest | 0.041% per day |
| Cash-to-Collateral Violation | 0.041% per day |
Convenient options for managing physical and digital documents and share movements.
| Service | Charge |
|---|---|
| Transfer (FYERS to Other Demat) | ₹12.5 + GST per scrip |
| Transfer (Other Demat to FYERS) | ₹0 |
| Rematerialization | ₹10 per 100 securities or per certificate |
| Erroneous Transfer Reversal | ₹100 per instance |
| Physical Contract Note | ₹20 + courier |
| Delivery Instruction Booklet | ₹150 + courier |
| Email Statements | Free |
| Physical Statements | ₹50 + courier |
Here’s how we handle some frequently asked edge cases.
| Scenario | FYERS Policy |
|---|---|
| Multiple trades in a day | Brokerage charged per executed order |
| MTF usage under ₹1,000 | No interest is charged |
| Using only pledged margin | ₹5 for pledge, ₹0 for unpledge, ₹5 for invocation |
| IPO application | ₹0 brokerage |
| Mutual Fund investment | ₹0 brokerage and no hidden charges |
Last updated: 11 Jun 2025