What is an executed order at Fyers?

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.

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