Fyers demat account

Trade Smart, Invest Better with Fyers

Invest and trade with our stock market app, designed specifically for India's traders and investors who are truly #Demataccount

About Fyers

 

Founded in 2015, Fyers Securities is a Bangalore-based online discount stockbroker committed to redefining the trading experience in India. Established by a team of passionate young entrepreneurs, Fyers focuses on offering advanced trading platforms, complete transparency, and the lowest trading costs in the industry.

As one of India’s most affordable stockbrokers, Fyers stands out in the competitive online discount brokerage space. Their straightforward pricing model offers trading across all segments at a flat fee of just ₹20 per executed order—regardless of the order size.

Moreover, Fyers takes pride in being customer-centric, offering lifetime zero brokerage fees on Equity Delivery trades for all age groups. Whether you’re a seasoned investor or just starting, Fyers makes trading seamless and cost-effective for everyone..

 

 

Tejas Khoday

Co-founder & CEO
 

Founded in 2015, FYERS emerged as a mission-driven initiative to revolutionize stock investments in India. As a technology-focused brokerage firm, our goal has always been to transform the trading and investment landscape, making it more accessible, efficient, and user-friendly for everyone.

The journey began when our founder, driven by a passion for trading at the young age of 18, experienced firsthand the inefficiencies and complacency of traditional brokerages in India. Determined to address these challenges, he set out to create a platform that empowers traders and investors with the tools and transparency they deserve..

 

 

 

Yashas Khoday

Co-founder & CEO

 

A passionate explorer and problem-solver, Yashas has seamlessly combined his interests in technology and financial markets to drive innovation. His exceptional ability to tackle complex tech challenges and build scalable, robust platforms has been instrumental in shaping FYERS’ success.

In 2021, Yashas was honored by BW Disrupt’s “30 Under 30” for his remarkable achievements as a bootstrapped entrepreneur and the youngest stockbroker in India. With a dedicated and dynamic team by his side, Yashas remains focused on delivering unparalleled experiences to the new generation of traders and investors.

Brokerages

SegmentBrokerage
Intraday0.03% or Rs 20 per order which is lower.
DeliveryRevised to 0.3% or ₹20 per executed order, whichever is lower.
Future0.03% or Rs 20 per order which is lower.
OptionFlat Rs 20 per order
Currency0.03% or Rs 20 per order which is lower.
MCX (Future)0.03% or Rs 20 per order which is lower.
MCX (Option)Flat Rs 20 per order
Mutual FundFree
Call and Trade₹50 per executed order
Admin Square Off

₹50 per executed order

Statutory Charges – Equity

ChargesDeliveryIntradayFuturesOptions
STT/CTT0.1% on Buy and Sell value0.025% on Sell value0.02% on Sell valuee0.1% on Sell value (Premium)
Exchange Transaction ChargesNSE: 0.00297%

BSE: 0.00375%
NSE: 0.00297%

BSE: 0.00375%
NSE: 0.00173%NSE: 0.03503% (On premium)

BSE:
Sensex: 0.0325%
Bankex: 0.0325%
Sensex 50: 0.005%
Stock: 0.005%
Clearing Charges000.0005%0.009%
SEBI Turnover Fee₹10/Crore₹10/Crore₹10/Crore₹10/Crore
GST18% on (Brokerage + Exchange Transaction charges + Clearing charges + SEBI Turnover Fee)18% on (Brokerage + Exchange Transaction charges + Clearing charges + SEBI Turnover Fee)18% on (Brokerage + Exchange Transaction charges + Clearing charges + SEBI Turnover Fee)18% on (Brokerage + Exchange Transaction charges + Clearing charges + SEBI Turnover Fee)
Stamp Duty0.015%0.003%0.002%0.003%
NSE IPFT₹10/Crore₹10/Crore₹10/Crore₹50/Crore (on premium)

Statutory Charges – Currency

ChargesFuturesOptions
STT/CTT00
Exchange Transaction ChargesNSE: 0.00035%

BSE: 0.00045%
NSE: 0.0311%

BSE: 0.001%
Clearing Charges0.0005%NSE: 0.009% & BSE: 0.0005%
SEBI Turnover Fee₹10/Crore₹10/Crore
GST18% on (Brokerage + Exchange Transaction Charges + Clearing Charges + SEBI Turnover Fee)18% on (Brokerage + Exchange Transaction Charges + Clearing Charges + SEBI Turnover Fee)
Stamp Duty0.0001% on Buy side0.0001% on Buy side

Statutory Charges – Commodity

ChargesFuturesOptions
STT/CTT0.01% on sell side (non-Agri)0.05% on sell side
Exchange Transaction ChargesMCX- Non-Agri: 0.0021%, NSE- 0MCX- Non-Agri: 0.0418%, NSE- 0
Clearing Charges0.0018%0.05%
SEBI Turnover FeeNON-Agree: ₹10/Crore + GSTNON-Agree: ₹10/Crore + GST
GST18% on (Brokerage + Exchange Transaction Charges + Clearing Charges + SEBI Turnover Fee)18% on (Brokerage + Exchange Transaction Charges + Clearing Charges + SEBI Turnover Fee)
Stamp Duty0.002% on Buy side0.003% on Buy side

Other Charges

Physical Contract Note Charges₹20 per physical contract note + courier charges
Physical Delivery0.2% of the contract value
Expires / Exercised / Assigned Futures & Options Contracts0
Cheque Bounce Charges0
Payment Gateway Charges0
Pledge Request₹5
Unpledge Request0
Pledge Invocation₹5
Margin Re-pledge₹1
MTF Pledge Request₹12
MTF Unpledged Requestn₹12
Dematerialization Charges0
Rematerialization ChargesFee For every 100 securities ₹10/- Part there of; subject to maximum ₹5,00,000/- Or Flat fee ₹10/- per certificate, whichever is higher
Stamp Charges₹100/-
Failed / Rejected Transactions₹0
Periodic Statement₹0 charges by email.
₹50 + courier charges at actuals for physical statements
Delivery Instruction Book (5 leaves)₹150 + courier charges at actuals
Modification in Client Master List (CML)₹50/-
Transfer of shares from Fyers Demat to other Demat₹12.5+ GST per scrip
Transfer of shares from other Demat to FYERS₹0
Online DDPI Activation₹150 onetime

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