What are the Clearing Member charges?
Clearing Member (CM) charges are fees levied by the Clearing Corporation for clearing and settling trades. Clearing Members may settle trades on their own account or on behalf of clients. The charges vary depending on the exchange and the type of financial instrument involved.
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How is the Goods and Services Tax (GST) computed on total charges at FYERS?
At FYERS, the GST rate is 18%, and it is applied to the total charges, which include both the brokerage and transaction charges (such as the Exchange Transaction fee and Clearing Member charges). For Example: Brokerage: ₹20 Transaction Charges: ₹10 ...
What are the IPFT charges on NSE Trades?
The Investor Protection Fund Trust (IPFT) is a safeguard mechanism by NSE to protect investors in case of a default by trading or clearing members. As an investor trading through FYERS, it’s important to be aware that IPFT charges apply to all NSE ...
What are DDPI Charges?
DDPI stands for Demat Debit and Pledge Instruction, a SEBI‑mandated authorization that allows your broker (like FYERS) to debit or pledge shares from your Demat account without requiring OTPs or T‑PINs for every transaction. It simplifies the process ...
What is DP charges?
Understanding DP Charges at FYERS FYERS applies a flat DP charge of ₹12.5 + 18% GST per ISIN per day. Whether you place one sell order or several on the same stock, this fee applies just once per day for that stock. DP Charge Breakdown Fee: ₹12.5 + ...
Does FYERS have hidden charges during trading?
No, FYERS does not have any hidden charges. We are committed to transparent operations, and all applicable fees are clearly stated upfront. If you ever need clarification on any fees, our team is available to assist. For detailed information on fees ...