Why does FYERS block an extra amount on real-time orders?
At FYERS, we block a small additional amount during order placement to cover brokerage fees, ensuring cost transparency. For example, as shown in the Price Breakup section, the blocked amount includes brokerage, transaction charges, GST, SEBI charges, and stamp duty.
This upfront deduction prevents surprises at the end of the day and ensures clarity in your trading costs. For more details on order charges, refer to the Price Breakup option while placing orders.
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Are charges applicable for cancelling orders at FYERS?
No, there are no charges for cancelling trades or orders at FYERS. This applies to cancellations made via FYERS platforms or the Call & Trade service. Charges are only applied to executed orders, so cancelling an unexecuted order does not incur any ...
How is the Goods and Services Tax (GST) computed on total charges at FYERS?
At FYERS, the GST rate is 18%, and it is applied to the total charges, which include both the brokerage and transaction charges (such as the Exchange Transaction fee and Clearing Member charges). For Example: Brokerage: ₹20 Transaction Charges: ₹10 ...
Are there Annual Maintenance Charges (AMC) at FYERS?
No, there are no Annual Maintenance Charges (AMC) at FYERS.
Does FYERS have hidden charges during trading?
No, FYERS does not have any hidden charges. We are committed to transparent operations, and all applicable fees are clearly stated upfront. If you ever need clarification on any fees, our team is available to assist. For detailed information on fees ...
What are the DP charges at FYERS?
The DP charges at FYERS, effective from October 1, 2024, will be ₹3.5 per transaction when you sell shares from your DEMAT account. Additionally, depending on specific conditions, you may be eligible for discounted rates as outlined below: ...