Pricing, Taxes & Penalties
Why does FYERS not give zero brokerage for trading?
While zero brokerage might sound attractive, FYERS believes in providing a reliable, transparent, and high-performance trading experience—and that comes with real value. To maintain this quality, FYERS charges a flat brokerage fee of ₹20 per executed ...
Why does FYERS block an extra amount on real-time orders?
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. What is this feature? ...
What are the IPFT charges on NSE Trades?
The Investor Protection Fund Trust (IPFT) is a safeguard mechanism by NSE to protect investors in case of a default by trading or clearing members. As an investor trading through FYERS, it’s important to be aware that IPFT charges apply to all NSE ...
Why might the actual charges differ from estimated charges on order execution?
The Price breakup feature in FYERS shows an estimated preview of brokerage and regulatory charges before you place an order. However, the final charges in your contract note may not match exactly. This is because the estimate is based on assumptions ...
Will FYERS charge penalties for debit balances in trading accounts?
If your FYERS trading account reflects a negative (debit) balance of more than ₹100, a penalty is applied. This is intended to discourage outstanding dues and maintain platform integrity. Let’s break down how the penalty is calculated and applied. ...
Why am I charged a penalty of more than 15% p.a. on a debit balance at FYERS?
FYERS applies a fixed annual rate of 15%, but the charges are calculated daily, which can sometimes give the impression of a higher rate in shorter timeframes. How the penalty is calculated? Annual rate: FYERS charges a flat 15% per annum on any ...
Are there Annual Maintenance Charges (AMC) at FYERS?
No, FYERS does not levy any Annual Maintenance Charges (AMC) for maintaining your Demat or trading account. This makes FYERS cost-effective, especially for long-term investors who prefer to hold securities without frequent trading. What is AMC? AMC ...
Are DP charges applicable for Buy Today Sell Tomorrow (BTST) transactions at FYERS?
BTST trading lets you sell shares before they are fully settled in your demat account. If you're using this feature on FYERS, it’s helpful to know whether any charges apply—especially DP (Depository Participant) charges that are often overlooked. ...
What are the DP charges at FYERS?
DP (Depository Participant) charges at FYERS are designed to be simple and cost-efficient. These charges are applicable when you sell stocks from your Demat account and are levied once per stock (ISIN) per trading day—regardless of how many times you ...
What are the Demat service charges at FYERS?
At FYERS, we aim to make investing affordable and transparent. Opening a Demat Account is completely free, and there are no recurring Annual Maintenance Charges (AMC), making it cost-effective for both new and seasoned investors. What is included? ...
What are the Clearing Member charges?
When you place trades on FYERS, the final settlement of those trades is handled by a Clearing Member (CM). Clearing Member charges are part of the total trading cost and are collected to cover the expense of trade settlement through the clearing ...
What is the Security/Commodity Transaction Tax (STT/CTT) at FYERS?
The Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) are government-imposed taxes levied on specific trading activities. These are applied automatically by exchanges and collected by FYERS on your behalf. Current STT/CTT rates by ...
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 ...
Are charges applicable for cancelling orders at FYERS?
No, FYERS does not charge any fees for cancelling orders. Whether you cancel an order yourself or it gets cancelled automatically at market close, there is no cost involved unless the order was executed. When are charges applied? Charges at FYERS are ...
How is the Goods and Services Tax (GST) computed on total charges at FYERS?
At FYERS, a Goods and Services Tax (GST) of 18% is applied on certain components of your transaction charges. Understanding how this is calculated helps you estimate your actual trading cost more accurately. What does GST apply to? GST at FYERS is ...
What is the SEBI Turnover fee at FYERS?
The Securities and Exchange Board of India (SEBI) imposes a nominal regulatory fee on every trade executed in the Indian markets. This is known as the SEBI Turnover fee and is applicable on both buy and sell sides of a transaction. What is the SEBI ...
What are the Call and Trade charges at FYERS?
FYERS provides a Call & Trade service for clients who need assistance placing or modifying orders over the phone. This service is subject to a fixed fee per executed order. What is the charge? ₹50 per executed order This fee is charged only if the ...
What are admin square off charges for intraday positions?
If you’re trading intraday at FYERS, it’s important to square off your positions before the end of the trading day. If you don’t, FYERS may initiate an Admin Square Off, which incurs an additional charge. What is Admin Square Off? Admin Square Off is ...
What charges apply to same-day equity delivery squaring off?
If you buy or sell stocks intending delivery but square off the position on the same day, FYERS classifies it as an intraday trade. This affects the brokerage and charges applied to your order. How does FYERS treat same-day square-offs? If a delivery ...
Is there a subscription fee for accessing FYERS platforms?
FYERS provides all its trading and analytics platforms free of subscription fees. Whether you're placing trades or analyzing the markets, you can access every FYERS platform at no extra cost. Are FYERS platforms free? Yes. There are no subscription ...
What are the brokerage charges for commodity trading at FYERS?
If you're trading commodities on FYERS through MCX, it's important to understand the brokerage charges applied to your trades. FYERS offers a flat and transparent pricing structure for commodity futures and options, aligned with its equity F&O ...
Does FYERS have hidden charges during trading?
No, FYERS does not have any hidden charges. All fees—whether brokerage, statutory, or platform-related—are transparently displayed before order placement and in your contract notes. How does FYERS ensure fee transparency? All charges are disclosed ...
Why aren't DP charges included in the contract note at FYERS?
If you're reviewing your FYERS contract note and wondering why you don't see DP (Depository Participant) charges listed, you're not alone. These charges are real and applicable—but they don’t appear in the contract note for a reason. What are DP ...
How is brokerage structured for Equity F&O at FYERS?
At FYERS, brokerage for Equity Futures and Options is structured to be flat and affordable. The rates are designed to benefit both high-volume traders and those trading smaller lots. Brokerage structure for Equity F&O Segment Brokerage Notes Equity ...
What are the brokerage charges for equity intraday trading at FYERS?
FYERS offers competitive brokerage rates for intraday equity trading to support active traders and scalpers. The brokerage is capped, ensuring cost-efficiency even on high-value trades. Equity intraday brokerage at FYERS ₹20 per executed order or ...
Does FYERS charge differently for HUF, Partnership Firms, LLPs, or Corporate Accounts?
No, FYERS maintains a uniform pricing structure for all types of accounts. Whether you're an individual, HUF, Partnership Firm, LLP, or Corporate, the charges remain the same across the board. What are the charges for non-individual accounts? Account ...
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 ...
How much does it cost to open a Corporate Account (Private Limited Company) with FYERS?
Opening a Corporate Account with FYERS is simple and completely free. There are no account opening fees or annual maintenance charges (AMC). You only pay for trading activity via brokerage and other transaction-based charges. Account Opening & AMC ...