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
Related Articles
What are the DP charges at FYERS?
DP (Depository Participant) charges at FYERS are designed to be simple and cost-efficient. These charges are applicable when you sell stocks from your Demat account and are levied once per stock (ISIN) per trading day—regardless of how many times you ...
What are the brokerage, statutory, and other applicable charges at FYERS?
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. ₹0 Brokerage Segments We do not charge any ...
Are charges applicable for cancelling orders at FYERS?
No, FYERS does not charge any fees for cancelling orders. Whether you cancel an order yourself or it gets cancelled automatically at market close, there is no cost involved unless the order was executed. When are charges applied? Charges at FYERS are ...
Are there Annual Maintenance Charges (AMC) at FYERS?
No, FYERS does not levy any Annual Maintenance Charges (AMC) for maintaining your Demat or trading account. This makes FYERS cost-effective, especially for long-term investors who prefer to hold securities without frequent trading. What is AMC? AMC ...
Are DP charges applicable for Buy Today Sell Tomorrow (BTST) transactions at FYERS?
BTST trading lets you sell shares before they are fully settled in your demat account. If you're using this feature on FYERS, it’s helpful to know whether any charges apply—especially DP (Depository Participant) charges that are often overlooked. ...