Fyers Review 2025 | Pros & Cons | Brokerage Charges , Hidden Charges
About Fyers
Fyers Review 2025, Fyers, founded in 2015, is a discount broker. It provides trading on NSE and MCX. It has 0
branches in India., is an online cheap stock broker headquartered in Bangalore. Fyers trades in the Equity Cash, F&O, and Currency Derivatives categories of the NSE. FYERS is an acronym for ‘Focus Your Energy & Reform the Self’, which represents the company’s key ideals. The company is formed by young entrepreneurs that believe in providing the greatest trading platforms, being transparent, and keeping the cost of trading cheap in India.
Fyers trades equity cash, F&O, and currency derivatives on the NSE. Fyers is an Indian stock broker with reduced broking fees. They are among the most affordable stock brokers online. Fyers’ straightforward pricing approach allows trading across categories for the same flat broking cost of Rs 20 per executed transaction. Fyers charges a limit of Rs 20 on each executed order, regardless of size. Fyer does not charge broking in the Equity Delivery area.
| Fyers | |
| Establishment Year | 2015 |
| Founder Name | Tejas Khoday, Shreyas Khodey & Yashas Khodey |
| Exchange Membership | NSE, MCX |
| Company type | Private |
| Brokerage Type | Discount Broker |
| Branches | 0 |
| |
Fyers Other Charges
| Charges | Fyers |
| Trade and Call Charge | Rs 50 per order |
| DP Transaction Charges | ₹ 12.5/instruction + GST. |
| Auto-Square Off Charges | ₹ 50 / order + GST |
| Payment Gateway | ₹ 0 ( Free ) |
| Pledge Charges | ₹ 12.5 / transaction+ GST |
| |
Fyers Offers
| Offers | Fyers |
| Free AMC | |
| Free Account Opening | |
| Free Brokerage | , Limited |
| Flat Brokerage | |
| Flexible Brokerage | |
| Free Intraday Trading | |
| Free F & O | |
| Free Trading Calls | |
| Margin Funding and Pledging | |
| Refferal Offers | 20% of Revenue |
| Brokerage Cashback | |
| Zerodha Brokerage For Loss Making Trades | |
| Free Delivery Trading | |
| Free Research Reports | |
| |
FYERS PRODUCT PROVIDED
| Product Provided | Fyers |
| Equity Intraday | |
| Equity Delivery | |
| Equity Option | |
| Equity Future | |
| Currency Option | |
| Currency Future | |
| Commodity Option | |
| Commodity Future | |
| Foreign Stocks | |
| Banking | |
| Mutual Funds | |
| Insurance | |
| Digital Gold | |
| Govt. Bonds | |
| Corporate Bonds | |
| |
FYERS ADVISORY SERVICE
| Advisory Services | Fyers |
| IPO Service | |
| 3 in 1 Account | |
| Daily Stock Picks and Stock Tips | , Chargeable |
| Weekly Review | , Chargeable |
| Monthly Review | |
| Company and Research Report | , Chargeable |
| Annual Report | |
| Trading Institution | Yes, School of Stocks |
| F&O Service | |
| Share Pledgeing | |
| PMS or PCG | |
| Intraday Services | |
| NRI Service | |
| Demat and Trading | |
| Robo Advisory | |
| |
FYERS FEATURES
| Features | Fyers |
| Charts | |
| Automated Trading | |
| SMS Alerts | |
| Margin Against Shares (Equity Cash) | |
| Margin Against Shares (F&O) | |
| Online Demo | |
| Online Portfolio | |
| Global Indicies | |
| Real Time update | |
| Stock Tips | |
| Online MF Buy | |
| Interactive Charts | |
| Customised Recommendation | |
| Multi Profile Management | |
| Intraday SquareOff Time | 3:20 PM |
| 3 in 1 Account | |
| |
FYERS BROKERAGE PLAN
Fyers charges a transaction fee of NSE Rs 5000 per crore (0.05%) (on premium) The table below shows some of brokerage Charges of the platforms.
| Brokerage | Fyers |
| Brokerage Plan | Standard Plan |
| Equity Intraday | 0.03% or Rs 20 whichever is lower |
| Equity Delivery | 0.03% or Rs 20 whichever is lower |
| Equity Option | Flat Fee Rs 20 |
| Equity Future | 0.03% or Rs 20 whichever is lower |
| Currency Option | Flat Fee Rs 20 |
| Currency Future | 0.03% or Rs 20 whichever is lower |
| Commodity Option | Flat Fee Rs 20 |
| Commodity Future | Flat Fee Rs 20 |
| |
FYERS LEVERAGE MARGIN
The Fyers margin for intraday trading is up to 20% of the trade value (5x leverage)
dependent on the stock,
| Leverage Margin | Fyers |
| Equity Intraday | Up to 20% of trade value (5x leverage). |
| Equity Delivery | 100% of trade value (1x leverage). |
| F&O (Equity, Currency, Commodity) | 100% of NRML margin (Span + Exposure) (1x leverage). |
| |
FYERS DEMAT / TRADING AND AMC CHARGES
| Charges | Fyers |
| Demat Account Opening Charge | Rs. 0 (Free) |
| Demat Account AMC Charge | Rs. 0 (Free) |
| Trading Account Opening Charge | Rs. 0 (Free) |
| Trading Account AMC Charge | Rs. 0 (Free) |
| |
FYERS PROS AND CONS
Pros:
| Fyers |
| 1)Thematic investments and free equity delivery deals. 2) This segment has no broking. 3) Broking charges are extremely modest, with a maximum of Rs 20 per deal. 4) It is free to open an account. No software fees ,Modern trading platforms. Thematic investments are offered with Refer your friends and earn 20% of their money for life. |
Cons:
| Fyers |
| 1)Depository services are provided by another company (IL&FS). 2)Higher demat fees. There are no branch offices. No good until cancelled (GTC) orders. 3) It doesn’t provide 3 in 1 Account. 4) Intraday trading and multi profile Management system are not provided. 5) it doesn’t provide Global Indices. |
FYERS REVIEW
Fyers is rated 7 of 10
| Rating | Fyers |
| Customer Services | 7.5/10 |
| Fees | 7/10 |
| Brokerage Charges | 8.5/10 |
| Trade and Call Charges | 6.5/10 |
| Research Capabilities | 8/10 |
| Overall Rating | 7/10 |
FYERS COMPLAINTS
The table below shows % of Complaints Lodged, Resolved and non actionable reports.
| Complaints | Fyers |
| Total Complaints Lodged | 135 |
| Total Complaints Resolved | 120 |
| % of Total Complaints Resolved | 88.75% |
| Non Actionable Complaints | 10 |
| % of Non Actionable Complaints | 7.50% |
FYERS TRANSACTION CHARGES
Conclusion: Fyers is suited for active traders, providing a smooth and quick trading experience through
its easy platform, minimal broking fees, and rich charting tools. It specialises in offering a
user-friendly interface and dependable customer support.Fyers is appropriate for traders
who are concerned with cost and technology .
Customer Care Number/Email
Fyres: 080-4625 1111
Fyers Support Email: support@fyers.in
Clients can contact this email to clear their doubt.
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