What are the costs associated with converting my FYERS account to an NRO Non-PIS account?

What are the costs associated with converting my FYERS account to an NRO Non-PIS account?

Converting your existing resident FYERS trading and Demat account to an NRO Non-PIS account is completely free of charge. There are no fees for the account modification process, and our support team will guide you through the necessary documentation and compliance steps without any additional cost.

Brokerage & Regulatory charges

Although the conversion itself is free, standard charges will apply once your account is active under NRO Non-PIS:

  • Equity delivery: 0.5% or ₹50 per executed order (whichever is lower)
  • F&O trading: ₹50 per traded order
  • Clearing charges (for F&O via Orbis financials):
    • ₹150 per crore for Futures
    • ₹1500 per crore for Options

To review all applicable statutory charges, refer to this article.

What if...

ScenarioWhat you should know
You're converting from an NRE PIS to NRO Non-PISWe will assist with delinking the PIS setup and mapping a new NRO account
You’re unsure about post-conversion chargesVisit the FYERS Pricing section or contact us
You mistakenly transfer funds using your NRE account after conversionEnsure future transactions are only made from the linked NRO account
Even after conversion, your Demat account number stays the same. Only the compliance category and bank linkage are updated to reflect your NRI status.

To begin your NRO Non-PIS onboarding, submit your details here.

Last updated: 25 Jun 2025
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