At FYERS, we aim to make investing affordable and transparent. Opening a Demat Account is completely free, and there are no recurring Annual Maintenance Charges (AMC), making it cost-effective for both new and seasoned investors.
What is included?
Your FYERS Demat account includes the following at no cost:
- Account opening: ₹0
- Annual Maintenance Charges (AMC): ₹0
This means you can open and maintain a Demat account without worrying about recurring fees.
Additional service charges
While the account itself is free, certain actions involving your Demat account may incur charges. These include:
- Pledging and unpledging of shares
- Off-market transfers
- Dematerialization/rematerialization of physical shares
- Instruction DIS booklet (if used)
These charges are regulated and passed on as per CDSL and FYERS norms. For the most accurate and updated list, refer to the full FYERS Charges List.
Where to find the charges list
You can always check the latest applicable charges here:
If you're unsure about any Demat-related charges, always cross-check the Charges List or reach out to FYERS Support.
What if...
| Scenario | Outcome |
|---|
| I only hold stocks but don’t trade actively | You won’t incur AMC or inactivity penalties. |
| I pledge shares for margin trading | Pledging charges will apply as per the Charges List. |
| I transfer shares to another Demat account | Standard off-market transfer charges will apply. |
Last updated: 23 Jun 2025
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