What are the DP charges levied by FYERS?
Our DP charges are among the lowest in comparison to the market standards; Earlier, we used to charge ₹ 10/- + ₹5.5 (CDSL charges) + GST (18% on ₹15.5) on the sell-side for delivery transactions which are settled on T+2 days. With effect from 5th August 2021, the charges have been further reduced to ₹7 + ₹5.5 (CDSL Charges) + GST (18% on ₹12.5). DP charges are applicable whenever you sell any shares from your DEMAT account.
You can get more details of these charges in the Charges List.
Do I need to pay DP charges for BTST transactions?
Earlier, we didn’t levy DP charges for Buy Today Sell Tomorrow (BTST) trades. However, with effect from 19th July 2021, DP charges will be levied on the BTST transactions due to the change in the settlement process. Let us understand the impact of ...
Why are DP charges not displayed in the contract note?
Depository Charges are levied by depositories for the equity shares transaction in your Demat account whereas, the contract note carries all the trading and transactional charges like brokerage, STT/CTT, GST etc. and the executed trade details on ...
Are there any charges levied on cancellation of Trades/Orders?
No, there are no charges levied on trade/order cancellation, either through any of the FYERS platform or Call & Trade facility, as all our charges are per executed orders. Therefore, the cancellation of a pending order is free of cost, and by the end ...
Are there any hidden charges while trading at FYERS?
No! There are no any hidden charges while trading with FYERS. All the charges are mentioned here do check them out. Also, you can request for an explanation for each levied charges. We at FYERS believes that transparency is utmost, which holds the ...
What are the charges levied by FYERS for Demat services?
The Demat Account Opening is Free and the Account Maintenance Charges is also Nil. You can refer to this article for more info on AMC and Our charges for Demat services are mentioned in the Charges List. You can also find these charges in the tariff ...