What are the DP charges at FYERS?
At FYERS, we continually strive to provide competitive pricing. Initially, we charged a DP fee of ₹10 + ₹5.5 (CDSL charges) + 18% GST on the sum of ₹15.5 for the sale-side of delivery transactions settled on T+2 days. However, effective from 5th August 2021, we further reduced this fee to ₹7 + ₹5.5 (CDSL Charges) + 18% GST on the total of ₹12.5. Remember, DP charges apply when you sell shares from your DEMAT account. More specifics about these charges are available in our Charges List.
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What are the brokerage charges for currency Futures & Options at FYERS?
At FYERS, for currency futures, we adopt a flat pricing policy, similar to equity futures. You will be charged either ₹20 per executed order or 0.03% of the transaction value, whichever is lower. For currency options, a fixed charge of ₹20 is levied ...
Do I need to pay DP charges for Buy Today Sell Tomorrow (BTST) transactions at FYERS?
Yes, from 19th July 2021 onwards, DP charges will apply to BTST trades due to changes in the settlement process. Previously, DP charges were not levied on such trades. Let’s delve into understanding the impact of these changes and how DP charges have ...
Why aren't DP charges included in the contract note at FYERS?
Depository Charges, often referred to as DP charges, are fees imposed by depositories for equity share transactions in your Demat account. On the other hand, the contract note lists all the trading-related and transactional costs, such as brokerage, ...
Does FYERS have hidden charges during trading?
Absolutely not! At FYERS, we believe in transparent operations, ensuring our clients are never in the dark. All our charges are explicitly stated, and should you ever require clarification on any levied fee, we're always here to explain. Our ...
Are there Annual Maintenance Charges (AMC) at FYERS?
No, FYERS does not impose any Annual Maintenance Charges (AMC). However, it's essential to note that clients who opened their accounts between 1st April 2020 and 4th June 2021 were subjected to AMC charges until 30th September.