\ud83d\udcc5 Year of Incorporation<\/strong><\/td>2015<\/td><\/tr> \ud83d\udecd\ufe0f Products<\/strong><\/td>Investment products such as equity, derivatives, commodities, currency, mutual funds, IPOs, and bonds.<\/td><\/tr> \ud83c\udff7\ufe0f Broker Type<\/strong><\/td>Discount Broker<\/td><\/tr> \ud83c\udfe2 Headquarters<\/strong><\/td>Bangalore, India<\/td><\/tr> \ud83d\udc65 Founder<\/strong><\/td>Tejas Khoday, Shreyas Khoday & Yashas Khoday<\/td><\/tr> \ud83d\udcc8 Active Exchange Memberships<\/strong><\/td>NSE, BSE, MCX, NCDEX<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<\/span>Fyers Demat Account Opening and AMC Charges in 2024<\/span><\/h2>\n\n\n\nFyers offers \ud83c\udd93 free demat account <\/strong>opening that is entirely \ud83c\udf10 online, with no account opening fees, and that takes less than 15 \u23f1\ufe0f minutes to complete. It has No Annual maintenance charges (AMC) for life. \ud83d\udcb0<\/p>\n\n\n\nType<\/strong><\/th>Account Opening \ud83d\udcdd (One Time)<\/strong><\/th>Annual Maintenance Fees \ud83d\udcb0 (Yearly)<\/strong><\/th><\/tr><\/thead>Trading Account \ud83d\udcc8<\/td> Zero Charges \ud83d\udcb8<\/td> Zero 0\ufe0f\u20e3<\/td><\/tr> Demat Account \ud83d\udcca<\/td> Zero Charges \ud83d\udcb8<\/td> \u20b90 (Free AMC For Life) \ud83c\udd93<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<\/p>\n\n\n\n
<\/span>Fyers Brokerage Charges Explained<\/span><\/h2>\n\n\n\nFyers – Equity Delivery & Intraday Charges<\/strong><\/h3>\n\n\n\nEquities delivery brokerage is <\/mark>Zero<\/strong> in Fyers . intraday brokerage is Rs 20 per executed order or 0.03%. (whichever is lower).<\/p>\n\n\n\nCharges<\/strong><\/th>Equity Delivery<\/strong><\/th>Equity Intraday<\/strong><\/th><\/tr><\/thead>Brokerage <\/strong><\/td>Free<\/td> \u20b9 20 \/ Executed Order Or 0.03% (Whichever Is Lower)<\/td><\/tr> STT<\/strong><\/td>0.1% ON BOTH Buy & Sell<\/td> 0.025% On the Sell-side<\/td><\/tr> Transaction \/ Turnover charges<\/strong><\/td>NSE : 0.00325% | BSE 0.00375%<\/td> NSE : 0.00325% | BSE 0.00375%<\/td><\/tr> SEBI Charges<\/strong><\/td>10 Rs\/Crore<\/td> 10 Rs\/Crore<\/td><\/tr> GST<\/strong><\/td>18% on (Brokerage + Transaction Charges + DP + SEBI Charges)<\/td> 18% on (Brokerage + Transaction Charges + SEBI Charges)<\/td><\/tr> Stamp Duty<\/strong><\/td>0.015% Of Turnover Value (Buyer)<\/td> 0.003% Of Turnover Value (Buyer)<\/td><\/tr> DP Charges<\/strong><\/td>\u20b9 12.5 \/ Scrip Only On Sell<\/td> No Charges<\/td><\/tr> NSE IPFT Charges<\/strong><\/td>Rs 10 \/Crore<\/td> Rs 10 \/Crore<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\nFyers – Futures & Options Charges<\/strong><\/h3>\n\n\n\nFor Futures, the brokerage fee is Rs 20 (0.03%) for each executed trade (whichever is less). however options Are charged Flat at Rs.20\/ order<\/p>\n\n\n\nCharges<\/strong><\/th>Equity Future<\/strong><\/th>Equity Options<\/strong><\/th><\/tr><\/thead>Brokerage<\/strong><\/td>\u20b9 20 \/ Executed Order Or 0.03% (Whichever Is Lower)<\/td> Flat \u20b9 20 \/ Order<\/td><\/tr> STT<\/strong><\/td>0.0125% on the Sell-side<\/td> 0.0625% on the Sell-side (ON PREMIUM)<\/td><\/tr> Transaction \/ Turnover charges<\/strong><\/td>NSE : 0.0019% On Total Turnover Value<\/td> NSE : 0.05% on Premium<\/td><\/tr> SEBI Charges<\/strong><\/td>Rs 10 \/Crore<\/td> Rs 10\/Crore<\/td><\/tr> GST<\/strong><\/td>18% on (Brokerage + Transaction Charges + SEBI Charges)<\/td> 18% on (Brokerage + Transaction Charges + SEBI Charges)<\/td><\/tr> Stamp Duty<\/strong><\/td>0.002% Of Turnover Value <\/td> 0.003% On Premium <\/td><\/tr> NSE IPFT Charges<\/strong><\/td>Rs 10 \/Crore<\/td> Rs 50 \/Crore (On Premium Side)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\nFyers – Currency Charges<\/strong><\/h3>\n\n\n\nFyers Currency’s Charges is Rs 20 per executed order, which is 0.03%<\/strong>. (whichever is lower) for Futures and \u20b9 20 Per Executed Order for options<\/p>\n\n\n\nCharges<\/strong><\/th>Futures<\/th> Options<\/th><\/tr><\/thead> Brokerage<\/strong><\/td>\u20b9 20 Per Executed Order Or 0.03% (Whichever Is Lower)<\/td> \u20b9 20 Per Executed Order<\/td><\/tr> STT\/CTT<\/strong><\/td>Zero<\/td> Zero<\/td><\/tr> Clearing Charges<\/strong><\/td>0.0005%<\/td> 0.0005%<\/td><\/tr> SEBI Charges<\/strong><\/td>Rs 10\/Crore<\/td> Rs 10\/Crore<\/td><\/tr> GST<\/strong><\/td>18% on (Brokerage + Transaction Charges + Sebi Charges )<\/td> 18% on (Brokerage + Transaction Charges + Sebi Charges )<\/td><\/tr> Stamp Duty<\/strong><\/td>0.001% On Turnover Value (Buyer) <\/td> 0.001% On Turnover Value (Buyer) <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\nFyers – Commodity Charges<\/strong><\/h3>\n\n\n\nFyers Commodity Charges is Rs 20 per executed order, which is 0.03%<\/strong>. (whichever is lower) for Futures and \u20b9 20 Per Executed Order for options<\/p>\n\n\n\nCharges<\/th> Futures<\/th> Options<\/th><\/tr><\/thead> Brokerage<\/strong><\/td>\u20b9 20 Per Executed Order Or 0.03% (Whichever Is Lower)<\/td> \u20b9 20 Per Executed Order<\/td><\/tr> STT\/CTT<\/strong><\/td>0.01% sell side (Non-Agri)<\/td> 0.05% sell side<\/td><\/tr> Exchange Transaction Charges<\/td> 0.0026% (Non-Agri)<\/td> 0.05% (Non-Agri)<\/td><\/tr> Clearing Charges<\/td> 0.0018%<\/td> 0.05%<\/td><\/tr> SEBI Turnover Fee<\/td> \u20b910\/Crore + GST (Non-Agri)<\/td> \u20b910\/Crore + GST (Non-Agri)<\/td><\/tr> GST<\/td> 18% on (Brokerage + Transaction Charges + Sebi Charges+Clearing Charges etc )<\/td> 18% on (Brokerage + Transaction Charges + Sebi Charges+Clearing Charges etc )<\/td><\/tr> Stamp Duty<\/td> 0.002% on Buy Side<\/td> 0.003% on Buy Side<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<\/span>Fyers Trading Platforms <\/span><\/h2>\n\n\n\n<\/p>\n\n\n\n
Fyers Web \ud83d\udcbb<\/strong><\/h3>\n\n\n\n
<\/figure><\/div>\n\n\nFyers Web<\/strong> is a web-based platform that provides advanced trading tools and features. It includes a Tradingview Library \ud83d\udcca, direct trading via charts <\/strong>\ud83d\udcc8, real-time ticker for bids\/offers \ud83d\udcb0, and readymade watchlists \ud83d\udcdc. It also offers advanced charting with 24+ years of EOD data<\/strong> \ud83d\udcc9 and real-time configurable option chains \u26d3\ufe0f.<\/p>\n\n\n\nFyers App \ud83d\udcf1<\/strong><\/h3>\n\n\n\n
<\/figure><\/div>\n\n\nFyers App is a mobile trading platform<\/strong> that offers direct trade and investing with features like two-factor authentication \ud83d\udd12 for secure transactions<\/strong>, customizable watchlists \ud83d\udccb, and advanced charts<\/strong> with technical indicators \ud83d\udcc8 and multiple drawing tools <\/strong>\ud83d\udccf.<\/p>\n\n\n\nFyers One \ud83d\udcbb<\/strong><\/h3>\n\n\n\n
<\/figure><\/div>\n\n\nFyers One is a desktop-based trading platform <\/strong>that provides features like a Heat Map \ud83c\udf21\ufe0f, Market Dynamics \ud83d\udcca, and Index Meter \ud83d\udcc8 to help users understand market-wide movements and trends.<\/strong> It also includes stock screeners \ud83d\udd0d, market data on equity \ud83d\udcc8, commodities \ud83d\udcb0, currencies \ud83d\udcb1, and ADRs \ud83d\udcb9, and FII & DII data \ud83d\udcca.<\/p>\n\n\n\nFyers Direct \ud83d\udcb0<\/strong><\/h3>\n\n\n\n
<\/figure><\/div>\n\n\nFyers Direct is a mutual fund investment platform <\/strong>that allows users to invest in mutual funds directly from their Demat Account <\/strong>\ud83d\udcb3 at no extra cost. It also offers the opportunity to invest in top companies and international stocks \ud83c\udf0d, view all mutual fund holdings in one place \ud83d\udcc8, and redeem mutual fund corpus with a single click <\/strong>\ud83d\udcb0.<\/p>\n\n\n\nFyers Thematic \ud83c\udf31<\/strong><\/h3>\n\n\n\n
<\/figure><\/div>\n\n\nFyers Thematic allows users to invest in ready-made portfolios <\/strong>that follow specific investment styles or themes, such as technology \ud83d\udcbb, healthcare \ud83c\udfe5, or renewable energy \ud83c\udf1e. It offers zero joining or signup fees \ud83c\udd93, the ability to create and track portfolios based on specific themes or sectors <\/strong>\ud83d\udcc8, and customized alerts for specific themes or sectors \ud83d\udd14.<\/p>\n\n\n\n<\/p>\n\n\n\n
<\/span>Fyers Pros and Cons<\/span><\/h2>\n\n\n\n