What does FYERS charge for equity delivery trades?
As of October 1, 2024, FYERS has updated its brokerage structure for equity delivery trades in compliance with the SEBI-mandated "True to Label" circular. Brokerage is no longer zero and is now charged at a capped rate.
Current equity delivery brokerage
- 0.3% of transaction value or
- ₹20 per executed order, whichever is lower
This structure ensures that your brokerage never exceeds ₹20 per executed order, even for large trades.
Important update
Previously, equity delivery trades were offered with zero brokerage. This policy changed on 1 October 2024 in accordance with regulatory guidelines.
For more information:
The brokerage on equity delivery trades is capped—you’ll never pay more than ₹20 per executed order.
What if...
| Scenario | Outcome |
|---|
| I place a high-value delivery trade | You’ll still pay a maximum of ₹20 brokerage. |
| I placed a delivery trade before October 1, 2024 | The earlier zero brokerage policy applied. |
| I hold delivery stocks long-term | You are only charged brokerage once—when the order is executed. |
Last updated: 23 Jun 2025
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