What are the brokerage, statutory, and other applicable charges at FYERS?

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 brokerage for these investment categories—empowering you to invest freely.

SegmentBrokerage
Mutual Funds₹0
IPO Applications₹0

Brokerage Charges for Market Trades

These charges apply per executed order. We charge the lower of a flat fee or a percentage rate.

SegmentBrokerage
Equity Intraday₹20 or 0.03%
Equity Delivery₹20 or 0.3%
Equity Futures₹20 or 0.03%
Equity Options₹20 flat
Commodity Futures₹20 or 0.03%
Commodity Options₹20 flat

Statutory & Regulatory Charges

As per SEBI’s True to Label circular (effective October 1, 2024), the following statutory charges apply per executed order. These are regulatory levies beyond FYERS' control and vary by segment.

Charge TypeDescriptionSegment-wise Rates (Indicative)
STT/CTTSecurities/Commodities Transaction Tax (levied by Govt. of India)Equity Delivery: 0.1% buy & sell
Equity Intraday: 0.025% sell
Futures: 0.01% sell
Equity Options: 0.05% sell
Commodity Futures: 0.01% sell
Commodity Options: 0.05% sell
Transaction ChargesExchange fees (NSE, BSE, MCX etc.) vary by segmentEquity: 0.00297%
Futures: 0.00173% + 0.0005%
Options: 0.03503% + 0.009%
Commodity: 0.0021% + 0.0018% (Futures), 0.0418% + 0.05% (Options)
GSTGoods & Services Tax at 18% on brokerage and transaction charges18% (on brokerage + transaction charges)
IPFTInvestor Protection Fund Trust chargesEquity intraday, delivery, futures ₹10 per crore Equity options ₹50 per crore
SEBI ChargesSEBI turnover charges₹10 per crore (across all segments)
Stamp DutyState-wise stamp charges auto-deducted by exchangesAs per applicable laws

Use our Brokerage Calculator to view the total cost of your trades including all statutory levies.

Margin Trading Facility (MTF)

We offer competitive MTF interest rates with slab-based pricing. Visit our MTF Interest Rate FAQ for details.

Charge TypeDetails
MTF Brokerage₹20 or 0.3% per executed order
MTF Pledge Request₹12 per request
MTF Unpledge Request₹12 per request
InterestInterest-free up to ₹1,000; slab-wise above

Account Setup & Maintenance

Foundational services for your FYERS account are simple and affordable.

ServiceCharge
Account Opening₹0
Demat AMC₹0
DDPI Setup₹150 (incl. GST)
Modification (KRA/CML)₹50

Trading & Support Services

Need assistance or support services? Here's what we charge.

ServiceCharge
Call & Trade₹50 + 18% GST per executed order (FAQ)
Admin Square Off₹50 + 18% GST per order (FAQ)
Auto Pledge/Unpledge (CUSPA)₹5 per request
Margin Pledge Request₹5 (FAQ)
Margin Unpledge Request₹0
Margin Re-pledge₹1

Interest and Penalties

Charges applied in case of funding shortfalls or collateral mismanagement.

Charge TypeRate
Ledger Debit Interest0.041% per day
Cash-to-Collateral Violation0.041% per day

Delivery, Transfers & Documents

Convenient options for managing physical and digital documents and share movements.

ServiceCharge
Transfer (FYERS to Other Demat)₹12.5 + GST per scrip
Transfer (Other Demat to FYERS)₹0
Rematerialization₹10 per 100 securities or per certificate
Erroneous Transfer Reversal₹100 per instance
Physical Contract Note₹20 + courier
Delivery Instruction Booklet₹150 + courier
Email StatementsFree
Physical Statements₹50 + courier

What If Scenarios

Here’s how we handle some frequently asked edge cases.

ScenarioFYERS Policy
Multiple trades in a dayBrokerage charged per executed order
MTF usage under ₹1,000No interest is charged
Using only pledged margin₹5 for pledge, ₹0 for unpledge, ₹5 for invocation
IPO application₹0 brokerage
Mutual Fund investment₹0 brokerage and no hidden charges
Tip: Use our Brokerage Calculator to estimate your trade costs including brokerage, MTF interest, and taxes.
Important: There are no charges for Mutual Funds, IPOs, account opening, or Demat maintenance.

Last updated: 11 Jun 2025

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