Brokerage & Charges

FYERS Review 2026 – Brokerage, Charges, Features & Pros and Cons

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FYERS is an Indian digital stockbroker focused on trading platforms, charting tools and investment services. Founded in 2015, the company is headquartered in Bengaluru, Karnataka. Its trading segments include equity delivery, equity intraday, equity futures and options, currency derivatives, commodity derivatives. It also offers IPO applications and mutual fund investments and SIPs.

What is FYERS?

FYERS is an Indian digital stockbroker focused on trading platforms, charting tools and investment services.

Best suited for: Active traders and investors.

Key highlights: Advanced Charting Tools and Trading Platforms & APIs.

FYERS Brokerage and Important Charges

The table below focuses on the costs most traders and investors should check first. Brokerage is not the total cost of a trade: taxes, exchange fees and other applicable charges may be additional.

ChargeAmount
Account openingFree
Demat AMCFree
Equity delivery₹20 or 0.3%, whichever lower
Equity intraday₹20 or 0.03%, whichever lower
Equity futures₹20 or 0.03%, whichever lower
Equity options₹20/order
DP charges on delivery sell₹12.5 + GST per ISIN
Call & trade₹50 + GST
Auto square-off₹50 + GST

Rates are drawn from the central broker database. Confirm the latest applicable tariff, taxes and account-specific conditions with the broker.

Understanding these charges

Brokerage is the broker's fee for executing a trade. DP charges can apply when shares are sold from a demat account, even where delivery brokerage is zero. AMC is an account maintenance fee that can vary by account category. Traders should also consider auto square-off fees, applicable taxes and financing costs before estimating their total expense.

FYERS Trading Platforms and Services

FYERS is designed around self-directed investing and active trading, with a chart-heavy experience, market discovery tools, options analytics and automation features.

FYERS Web, FYERS App and FYERS Trader

FYERS Web and App bring investments, market research, watchlists, charts, orders and portfolio views together. FYERS Trader provides another advanced chart-led workflow, including TradingView-based charts, multi-chart layouts, quick trades and price-ladder functionality.

TradingView Charts and Trade-from-Chart Orders

FYERS supports technical analysis using chart indicators, drawing tools, historical data and configurable layouts. On supported platforms, traders can place, modify and cancel eligible orders from charts rather than moving repeatedly between separate screens.

Option Scalper and Advanced Options Analytics

FYERS offers an Options Scalper workspace for fast chart-based options execution, with separate web and mobile experiences. Option-chain tools, Greeks, open-interest data, implied volatility and strategy-building features help traders assess contracts and positions. One-click trading can increase operational risk if order details are not checked carefully.

Screeners, Market Heatmaps and Smart Watchlists

Stock and derivatives screeners, market heatmaps, smart watchlists and fundamental information help users research opportunities. The FYERS intelligent assistant (FIA) also provides AI-assisted market research and screening tools; its outputs require independent review.

FYERS Automate, API and Risk Management

FYERS provides no-code automation workflows and API capabilities for more technical users. Supported order-management features include alerts, position monitoring and Smart Exit functionality. Automated systems require monitoring and clear controls for unexpected market or technical conditions.

Trading and Investment Products

FYERS supports stocks, derivatives, commodities and selected other trading segments, alongside ETFs, mutual funds and IPO applications. Its current standard pricing lists ₹0 AMC but applies brokerage to equity delivery transactions. MTF and securities pledging are additional services with their own terms.

FYERS Pros and Cons

FYERS's strongest benefits lie in charting, options workflows and platform tools, while its costs matter for delivery investors and users of assisted trading.

Advantages of FYERS

Advanced TradingView-based charts: FYERS Trader and supported web tools offer technical studies, multiple layouts and direct chart-based order management.

Options-specific trading tools: Option Scalper, strategy analysis, Greeks and open-interest views may appeal to active derivatives traders.

Smart discovery and analysis: Screeners, heatmaps, detailed symbol information and smart watchlists simplify research across market segments.

Automation and API tools: FYERS Automate and developer APIs provide avenues for systematic execution and monitoring.

Free account opening and AMC: The standard tariff lists ₹0 account-opening charges and ₹0 demat AMC.

Broad products in one ecosystem: Stocks, F&O, commodities, ETFs, mutual funds and IPO access serve both traders and investors.

Competitive standard trading pricing: Intraday and futures brokerage uses a capped percentage model, while options brokerage is generally ₹20 per executed order.

Disadvantages of FYERS

Equity delivery is not brokerage-free: The standard tariff charges ₹20 or 0.3%, whichever lower on executed delivery orders.

Call & Trade carries a higher fee: Assisted orders attract ₹50 + GST.

Broker-initiated square-off costs extra: Admin square-off costs ₹50 + GST.

Lower subscription brokerage is conditional: The advertised ₹15-per-order Prime rate requires a paid plan; traders should weigh subscription costs against savings.

Complexity for casual investors: Scalper tools, strategy analytics and automation may be unnecessary or harder to learn for simple long-term portfolios.

Who Should Consider FYERS?

FYERS may be worth comparing for self-directed traders who prioritise charts, digital trading interfaces, API access and a range of exchange segments. Long-term delivery investors should pay particular attention to brokerage and DP fees.

Our FYERS Review Verdict

FYERS is an option for traders who prioritise advanced charting, derivatives analysis, direct chart orders and automation tools. Zero standard AMC and a wide platform feature set are attractive, but delivery brokerage, assisted-order fees and paid-plan economics deserve scrutiny before choosing it.

View additional service and account charges
Account Opening ChargesFree
AMC ChargesFree
DP Charges₹12.5 + GST per ISIN
Call & Trade Charges₹50 + GST
Auto Square-Off Charges₹50 + GST
Delayed Payment / Debit Balance0.041% per day
Intraday Auto Square-Off TimeEquity: 3:20 PM
F&O (indices and stocks): 3:20 PM
Currency: 4:50 PM
Commodities: 11:20 PM / 11:45 PM, depending on seasonal market hours and daylight-saving adjustments
Payment Gateway / Netbanking0
Instant Withdrawal0
Stock Pledging₹5 + GST per ISIN
Stock Unpledging₹5 + GST per ISIN
API SubscriptionFree
Buyback₹ 20 per executed order or 0.3% per executed order (whichever is lower)
Take Over₹ 20 per executed order or 0.3% per executed order (whichever is lower)
Offer for Sale (OFS)₹ 20 per executed order or 0.3% per executed order (whichever is lower)
View additional platform and service specifications
NRI AccountsYes
Non-Individual AccountsYes
Trading APIYes
IPO ApplicationsYes
Mutual FundsYes
MTFYes
Stock PledgingYes
Web TradingYes
Mobile AppYes
Platform / AppFYERS

Important Information & Disclaimer

Compare Stock Brokerages is an independent information and education website. Broker charges, features and other details are based on available official sources and may change; please verify them directly with the broker. We do not provide personalized investment advice or guarantee outcomes. Trading and investing involve risk. Some account-opening links may earn us a referral commission.

Primary source: FYERS official website

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Frequently Asked Questions (FAQs)

Clear answers to common questions about FYERS charges, services and account features.

Account opening is free. Fees can vary by account category, onboarding method and any limited-time offer. Check the broker's current official pricing and the fee shown during application before submitting documents.

AMC is free. AMC is a recurring demat-account maintenance fee, separate from brokerage. The applicable amount can depend on account type, BSDA eligibility and the broker's current schedule; confirm the amount and billing frequency on the official charges page.

The charge is ₹20 or 0.3% per executed order, whichever is lower. Brokerage is not the same as the total cost of a trade. Applicable STT, exchange transaction charges, GST, SEBI charges, stamp duty and other statutory levies may still apply, so compare the full contract-note cost rather than brokerage alone.

The charge is ₹20 or 0.03% per executed order, whichever is lower. The stated brokerage is calculated per executed order under the broker's published formula. Taxes and exchange/regulatory levies may be charged separately; use the broker's current brokerage calculator for an estimate based on your order value and segment.

Futures brokerage is ₹20 per executed order or 0.03%, whichever is lower. Options are charged at a flat ₹20 per executed order. F&O costs can differ between futures and options and by order/segment. Brokerage is only one component; STT/CTT, exchange transaction charges, GST, SEBI charges and stamp duty may also apply. Check the latest schedule before trading.

The DP charge is ₹12.50 + GST per ISIN. DP charges are generally related to debiting securities from the demat account when shares are sold and are separate from brokerage. The charge may be applied per scrip/ISIN and can have exceptions; check the current schedule for the exact treatment.

Yes. FYERS offers an MTF facility. MTF allows eligible customers to buy approved shares using a combination of their own funds and broker funding. Interest can accrue for as long as funding is used, and brokerage, pledge charges, margin requirements and square-off rules may apply. Review the current eligible-stock list and terms.

Yes. Stock pledging is available. Pledging eligible securities may provide collateral margin, subject to haircut, eligibility and exchange rules. Pledged shares remain subject to restrictions until released; fees and the process for pledge/unpledge should be checked in the broker's current schedule.

Yes. Trading API access is available. API access can have separate subscriptions, rate limits, permissions and technical requirements. Confirm current pricing, data/order limits, documentation and permitted use before building an automated workflow; API availability does not guarantee trading profits.

Yes. IPO applications are supported. IPO applications are subject to the issue's dates, investor eligibility, application limits and supported payment process. Applying through a broker does not guarantee allotment; follow the instructions in the offer documents and the broker's current IPO flow.

Yes. Mutual-fund investing is supported. Mutual-fund availability does not remove investment risk or scheme expenses. Review the scheme information document, riskometer, expense ratio and investment objective, and confirm whether the platform offers direct plans and the specific scheme you want.

Yes. NRI accounts are supported. NRI onboarding and permitted products can differ from resident accounts and may depend on PIS/non-PIS or NRE/NRO arrangements, documentation and applicable regulations. Confirm the broker's current NRI policy and charges before applying.

Yes. HUF and non-individual accounts are supported. HUF, partnership, LLP and corporate accounts can require additional documents and may have different charges, permissions or brokerage from individual accounts. Confirm that your exact legal entity type is accepted and review its onboarding checklist.

Call & Trade is charged at ₹50 + GST per order. Call & Trade fees apply to dealer-assisted orders where the broker's policy says they apply and are usually separate from normal brokerage and statutory levies. Confirm the current fee and which assisted services/orders trigger it.

Auto square-off is charged at ₹50 + GST per order. Auto square-off fees may apply when the broker closes an eligible intraday position under its timing or risk rules. Timings can differ by segment and market conditions; monitor positions yourself and do not rely on forced square-off as a risk-management plan.

Delayed payment charges are 0.041% per day. Delayed-payment charges may accrue when a debit balance or amount due remains unpaid, according to the broker's policy. Check your ledger, settle dues promptly and verify how the rate is calculated and when it stops applying.

Withdrawal is free. Free withdrawals usually mean the broker does not charge a withdrawal fee; they do not guarantee immediate settlement. Withdrawable balance, settlement cycle, processing cut-off and bank processing times can affect when funds arrive.

Yes. Instant withdrawal is available at no charge. Instant withdrawals may be subject to eligibility, minimum/maximum amounts, available withdrawable funds, service hours and operational conditions. Limits can change, so confirm the current rules in the broker's official help centre before relying on the service.

FYERS is available through its web platform and mobile app. Web and mobile access can differ in available tools, order types and interface features. Check the broker's current platform documentation and supported devices to ensure the features you use are available on your preferred platform.

Active traders and investors. Suitability depends on the segments you trade, tools you need, service expectations and total costs. Compare brokerage, AMC, DP charges, funding/MTF costs, platform or API fees and support options against your own requirements.

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Last verified: 16 September 2026
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