Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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3.78% 240,489 Clients
Fyers Account Opening Enquiry
Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments. FYERS word is an acronym for 'Focus Your Energy & Reform the Self', representing the core values of the company.
The company was founded by young entrepreneurs who believe in building ... 
Do you have questions about Fyers share trading account or Fyers Demat account?
Get all your share trading doubts and questions answered by reading the Fyers demat, trading account information FAQ. All Fyers questions, Fyers q&a, Fyers faq and Fyers questions and answers.
This is a limited-time offer. Open FREE Fyers Account online and start trading today.
Fyers is an online stock broker offering discount trading and investment services in India stock market. Fyers offers free equity delivery trades and flat rate brokerage plans (Rs 20 per trade brokerage) for trading in Equity Intraday & Equity F&O and Currency F&O trading at NSE.
FYERS word is an acronym of 'Focus Your Energy & Reform the Self', representing the core values of the company.
Fyers is a member of National Stock Exchange and started offering its trading services in mid-2016.
Yes, Fyers makes decent profits even by offering extremely low brokerage charges and free software. Here are some of the things to note:
Would you like know more about Fyers or ready to open account with Fyers?
Simply leave your contact information and Fyers representative will call you in few minutes.
No, Fyers doesn't offer form pickups. You will have to print, sign and courier the forms to Fyers office.
In this plan, customer pay flat rate Rs 20 brokerage per executed order irrespective to the size of the order in Equity Intraday & Equity F&O and Currency F&O segments. For example, when you buy 1000 shares of Rs 100 each share in Intraday trading; you brokerage is charged at flat Rs 20.
The similar transaction with ICICIDirect or Sharekhan would cost you Rs 500 in brokerage (at 0.50%). This example shows saving of 97%, just on brokerage itself. You save further on the taxes which are paid on brokerage.
Note that Equity delivery trading at Fyers is free. You don't have to pay brokerage for equity delivery trades.
When you place an order with Fyers which gets traded, it is called an executed order. You don't pay for placing, cancelling or modifying an order; you pay only per executed order.
Fyers doesn't charge per trade, Fyers charge only for an executed order. So even if an order is executed in 10 different trades it is considered only 1 executed order and you pay only Rs 20.
Example of an order is:
Buy 5000 shares of Reliance Industries
You place a 'buy' order for 5000 shares of Reliance Industries. This order may get executed in different chunks (i.e. 100, 3000, 1900) until the whole 5000 shares are bought. However, Fyers charges you only Rs 20 for the order that is placed, irrespective of how many trades it takes to complete the order. The same charge is applied for trading Equity Intraday, Delivery, F&O and Currency Derivatives.
Fyers charges only for an executed order. So even if an order is executed in 5 different trades it is considered only 1 executed order and you pay only Rs 20.
When a customer places an order over the phone through a dealer, Fyers charge an additional Rs 20 as Call & Trade Fee.
Fyers is an online stock broker. It prefers that the customer uses its online trading platform to execute orders. All trading software's including an installable trading terminal, website and mobile application are made available free of charge to customers.
Yes Fyers offer advance technical charts on its free trading terminal.
Yes, when orders are placed under product type as MIS, customer get leverage for intraday trading with Fyers.
No, you could only open a trading account if you are not planning for delivery trades.
You can link any demat account with Fyers trading account. You can provide this information at the time of account opening or contact the customer service at later point of time to do so.
Thematic Investing is a way to make investment decisions based upon emerging themes - themes that are identified by looking at the intersection of shifting economics, demographics, psychographics, technologies, mixed with regulatory mandates and other forces. It is based on predictions about trends rather than on the past performance of the market or the fundamentals of a specific company. Read full article about Thematic Investing
Fyers customers have to place a pay-out request to withdraw funds from Fyers trading account. You can withdraw funds using multiple channels:
Steps to withdraw funds from Fyers
Fyers Fund Withdrawal or Payout Timings
Withdrawal requests that have been placed during working hours are processed at the end of the day and may take up to 24 hours to get credited to your bank account.
Fund withdrawals for the equity segment requests placed till 8:00 pm are approved & processed on the same day and withdrawal requests raised after 8:00 pm will be processed on the next working day.
Fund withdrawals for the commodity segment requests placed till 7:00 am will be approved & processed on the same day and those after 7:00 am will be processed on the next working day.
Fyers charges Rs 0 (Free AMC for Lifetime) Annual Maintenance Charge (AMC) for a trading account and Rs 0 (Free AMC for Lifetime) for a Demat account. AMC is charged to maintain the accounts.
Fyers charge 0.03% or Rs 20, whichever is lower for equity delivery trade. These trades are also known as cash & carry trades or CNC.
Espresso customer also has to pay taxes, demat debit transaction fee (Rs 13.5 per trade) and exchange transaction charges.
Fyers charge 0.03% or Rs 20, whichever is lower for intra-day trades. These orders are also known as Margin Intraday Square-up or MIS orders. All open intraday orders are auto squared-off at the end of the day. Extra leverage is offered for these trades.
In addition you have to pay taxes and exchange transaction charges.
Fyers charge 0.03% or Rs 20, whichever is lower for equity, currency and commodity futures trading.
Fyers charges Rs 20 per executed order for equity, currency and commodity options trading. Options are highly leveraged derivative products. Options trading is used in many ways including hedging or to reduce the risk exposure of the portfolio.
Fyers brokerage charges for commodity futures is 0.03% or Rs 20, whichever is lower and commodity options is Rs 20 per executed order. Commodities futures are agreements to buy or sell raw material (food, energy or metal) at a specific date in the future at a particular price. Commodity options contracts are the right to buy (call option) or sell (put option) underlying commodity futures at predetermined prices on the date of contract expiry.
Fyers charge 0.03% or Rs 20, whichever is lower for currency futures trading and Rs 20 per executed order for currency options trading.
Transaction Charges (or Exchange Turnover Charges) is a fee charged by the stock exchanges for trades done through them. Most brokers include clearing charges to it. These charges can be seen in the contract note.
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
| Equity Options | NSE Rs 5000 per Cr (0.05%) (on premium) |
| Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
| Currency Options | NSE Rs 3500 per Cr (0.035%) (on premium) |
| Commodity | NA |
Yes. Fyers offers online IPO applications to its customers. Initial Public Offer (IPO) offers an early opportunity to buy shares of companies that are not previously traded publicly.
Yes. You can buy/sell Mutual Funds if you have an account with Fyers.
Yes. Fyers provide margin funding.
Fyers auto square-off all open intraday positions at 3:15 PM.
No. Fyers doesn't provide trading tips for stock and commodity trading to its customers.
Fyers Account Opening Enquiry
Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.
Information on this page was last updated on Wednesday, August 28, 2024
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