When placing an order on FYERS, you might notice that slightly more funds are blocked than the trade value itself. This is done to ensure complete cost transparency and prevent end-of-day surprises due to unaccounted charges.
FYERS includes all applicable charges upfront when blocking funds for any real-time order. This preemptive deduction covers brokerage fees, exchange transaction charges, GST, SEBI turnover charges, and stamp duty. The detailed breakdown can be viewed under the “Price Breakup” section during order placement.
All of these are accounted for at the time of order placement, not after the trade execution.
You can verify the exact amount being blocked and its breakup:
Scenario | Outcome |
---|---|
I cancel the order before execution | The full blocked amount, including extra charges, is immediately released. |
I modify the order | FYERS recalculates the required margin and blocks or unblocks funds accordingly. |
Charges change mid-day | Only current exchange-mandated charges apply at the time of blocking; no retrospective changes. |
Last updated: 23 Jun 2025