
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
Segment | Brokerage |
---|---|
Intraday | 0.03% or Rs 20 per order which is lower. |
Delivery | Revised to 0.3% or ₹20 per executed order, whichever is lower. |
Future | 0.03% or Rs 20 per order which is lower. |
Option | Flat Rs 20 per order |
Currency | 0.03% 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 Fund | Free |
Call and Trade | ₹50 per executed order |
Admin Square Off | ₹50 per executed order |
Statutory Charges – Equity
Charges | Delivery | Intraday | Futures | Options |
---|---|---|---|---|
STT/CTT | 0.1% on Buy and Sell value | 0.025% on Sell value | 0.02% on Sell valuee | 0.1% on Sell value (Premium) |
Exchange Transaction Charges | NSE: 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 Charges | 0 | 0 | 0.0005% | 0.009% |
SEBI Turnover Fee | ₹10/Crore | ₹10/Crore | ₹10/Crore | ₹10/Crore |
GST | 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) | 18% on (Brokerage + Exchange Transaction charges + Clearing charges + SEBI Turnover Fee) |
Stamp Duty | 0.015% | 0.003% | 0.002% | 0.003% |
NSE IPFT | ₹10/Crore | ₹10/Crore | ₹10/Crore | ₹50/Crore (on premium) |
Statutory Charges – Currency
Charges | Futures | Options |
---|---|---|
STT/CTT | 0 | 0 |
Exchange Transaction Charges | NSE: 0.00035% BSE: 0.00045% | NSE: 0.0311% BSE: 0.001% |
Clearing Charges | 0.0005% | NSE: 0.009% & BSE: 0.0005% |
SEBI Turnover Fee | ₹10/Crore | ₹10/Crore |
GST | 18% on (Brokerage + Exchange Transaction Charges + Clearing Charges + SEBI Turnover Fee) | 18% on (Brokerage + Exchange Transaction Charges + Clearing Charges + SEBI Turnover Fee) |
Stamp Duty | 0.0001% on Buy side | 0.0001% on Buy side |
Statutory Charges – Commodity
Charges | Futures | Options |
---|---|---|
STT/CTT | 0.01% on sell side (non-Agri) | 0.05% on sell side |
Exchange Transaction Charges | MCX- Non-Agri: 0.0021%, NSE- 0 | MCX- Non-Agri: 0.0418%, NSE- 0 |
Clearing Charges | 0.0018% | 0.05% |
SEBI Turnover Fee | NON-Agree: ₹10/Crore + GST | NON-Agree: ₹10/Crore + GST |
GST | 18% on (Brokerage + Exchange Transaction Charges + Clearing Charges + SEBI Turnover Fee) | 18% on (Brokerage + Exchange Transaction Charges + Clearing Charges + SEBI Turnover Fee) |
Stamp Duty | 0.002% on Buy side | 0.003% on Buy side |
Other Charges
Physical Contract Note Charges | ₹20 per physical contract note + courier charges |
Physical Delivery | 0.2% of the contract value |
Expires / Exercised / Assigned Futures & Options Contracts | 0 |
Cheque Bounce Charges | 0 |
Payment Gateway Charges | 0 |
Pledge Request | ₹5 |
Unpledge Request | 0 |
Pledge Invocation | ₹5 |
Margin Re-pledge | ₹1 |
MTF Pledge Request | ₹12 |
MTF Unpledged Requestn | ₹12 |
Dematerialization Charges | 0 |
Rematerialization Charges | Fee 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 |