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Fyers Brokerage Charges, AMC and Trading Charges and overview - We have divided this section into 3 parts. In the first part, we have explained the fees for opening Fyers trading account and AMC (if charged by the broker). In the second part, we have talked in detail about Fyers brokerage plan/ trading plan. In case broker supports multiple plans, it will be explained in this section. In the third part, we have covered brokerage charges, list by charges for each segment, including Equity Delivery, Intraday, F&O, Currency Derivatives and Commodities. We have also covered Fyers demat account opening charges & AMC, and complete Fyers demat charges in detail.
Current promotion offer from Fyers for InvestorGain Visitors:
Opening a trading account is a one-time fee that Fyers charges when you open your account.
Trading AMC (Annual Maintenance Charges) is an annual fee charged by Fyers for maintaining your account. This is the annual fee and is deducted from your account even if you haven't traded for a year. Normally, the AMC for the trading account is free of charge.
| Seq No. | Transaction | Duration | Fee |
|---|---|---|---|
| 1. | Trading Account Opening Charges | One Time | Free |
| 2. | Trading Annual Maintenance Charges(AMC) | Yearly Fee | Free |
Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
| Segment | Value |
|---|---|
| Plan Name | Max Rs 20 Per Order Trading Plan |
| Monthly Plan | NA |
| Equity Delivery | Free |
| Equity Intraday | 0.03% or Rs 20 whichever is lower |
| Equity Futures | 0.03% or Rs 20 whichever is lower |
| Equity Options | Flat Fee Rs 20 |
| Currency Futures | 0.03% or Rs 20 whichever is lower |
| Currency Options | Flat Fee Rs 20 |
| Commodity | Flat Fee Rs 20 |
Please refer our unique and accurate Fyers Brokerage Calculator. We have covered each charges including stamp duty by state also to match your contract note.
Fyers Equity Brokerage Charges (Equity Delivery Brokerage - Free, Equity Intraday Brokerage - 0.03% or Rs 20 whichever is lower, Options Brokerage - Flat Fee Rs 20 and Futures Brokerage - 0.03% or Rs 20 whichever is lower) are the total trading costs that a client has to pay for trading in equity. They are calculated by adding all the taxes and fees that are charged in addition to the brokerage fees. The charges and taxes are brokerage, transaction charges, STT (Securities Transaction Charges), GST, stamp duty and SEBI charges. There are differences in trading charges for equity delivery, equity intraday, equity futures & options trading cost. Please refer to the details below:
| Type | Charges |
|---|---|
| Brokerage Equity Delivery | Free |
| Transaction Charges Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr |
| STT Equity Delivery | 0.1% on Both Side(Buy and Sell) |
| Stamp Duty Equity Delivery | Rs 1500 Per Cr on Buy only |
| Brokerage Equity Intraday | 0.03% or Rs 20 whichever is lower |
| Transaction Charges Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr |
| STT Equity Intraday | 0.025% on Sell |
| Stamp Duty Equity Intraday | Rs 300 Per Cr on Buy only |
| Brokerage Equity Futures | 0.03% or Rs 20 whichever is lower |
| Transaction Charges Equity Futures | NSE:200 Per Cr | BSE:FREE |
| STT Equity Future | 0.0125% on Sell |
| Stamp Duty Equity Future | Rs 200 Per Cr on Buy only |
| Brokerage Equity Options | Flat Fee Rs 20 |
| Transaction Charges Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr |
| STT Equity Options | 0.0625% on Sell |
| Stamp Duty Equity Options | Rs 300 Per Cr on Buy only |
| SEBI Turnover Charges | Rs 10 Per Cr |
| GST | 18% on the Brokerage and Transaction charges |
| Brokerage Calculator | Fyers Brokerage Calculator |
Fyers currency trading charges are the total trading costs that a client has to pay for trading in currencies. They are calculated by sum up all the taxes and charges that are charged in addition to the brokerage fees. The charges and taxes are transaction charges, STT or securities transaction fees, GST, stamp duty and SEBI charges. The brokerage of trading in Fyers Currency Futures - 0.03% or Rs 20 whichever is lower and Fyers Currency Options - Flat Fee Rs 20. Please read the details below:
| Type | Charges |
|---|---|
| Brokerage Currency Futures | 0.03% or Rs 20 whichever is lower |
| Transaction Charges Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr |
| Brokerage Currency Options | Flat Fee Rs 20 |
| Transaction Charges Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr |
| STT | No STT |
| Stamp Duty Equity Future | Rs 10 Per Cr on Buy only |
| SEBI Turnover Charges | Rs 10 Per Cr |
| GST | 18% on the Brokerage and Transaction charges |
Fyers Commodity Trading Charges are the total trading costs that a client has to pay for trading commodities. They are calculated by adding up all the taxes and fees that are charged in addition to your brokerage fee. The fees and taxes are transaction charges, CTT or securities transaction charges, GST, stamp duty and SEBI charges. The brokerage of trading in Fyers Commdity - Flat Fee Rs 20.
| Type | Commdity |
|---|---|
| Brokerage | Flat Fee Rs 20 |
| Transaction Charges | NA |
| STT/CTT | 0.01% on Sell |
| SEBI Turnover Charges | Rs 10 Per Cr |
| Stamp Duty* | 0.01% subject to a maximum of Rs 50 - Varies by State |
| GST | 18% on the Brokerage and Transaction charges |
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Up to 24 Hrs except for Bank Holidays.
24+ banks connected via payment gateway, Free pay in and Free Pay Out.
Fyers doesn't offer margin funding facility.
To operate your account, you need to link your primary bank account with Fyers. You can add one or more bank account to fund transfer or pay-in your Fyers trading account. Fund withdrawal request is always associated with your primary bank account. You need to pay a small amount of fund withdrawal charges which are mentioned in above section. You can link any public and private bank as your primary and secondary bank account. To open a trading account you must have bank information which includes Name, Address, IFSC Code and account number on your cheque, bank statement or bank passbook.
There is no minimum deposit requirement when you open a trading and demat account with Fyers. You need to pay account opening charges and demat AMC, if applicable. Once your account is up and ready you need to transfer fund to start trading.
Fyers don't have any hidden charges. All charges and plan details are clearly defined in account opening document. No minimum charges or no other charges applicable.
Equity Cash, Intraday and F&O trading timing (BSE/NSE) is 9:15 am to 3:30 pm, Square off timing is 3:15 pm.
Currency Derivatives Trading Timing (NSE/BSE) - Trading open time 9:00 am and close time 5:00 pm (Currency F&O – USDINR, EURINR, GBPINR and JPYINR) and 7:30 pm (Cross Currency F&O – EURUSD, GBPUSD and USDJPY).
Commodity Trading Timing – Agri Commodity – 10 am to 5 pm, Other Commodities – 10 am to 11:30 pm.
In this section we have covered general question related to Fyers brokerage and demat account charges like -
Fyers offer a Zero Brokerage plan for Equity Delivery Trades. Equity Delivery is brokerage free. Intraday and F&O (Derivative) trade is a Maximum of Rs 20 per order.
Open Fyers Account
Opening an account with Fyers is completely free of charge. Fyers also offers Free demat AMC, so logically no annual fees.
Fyers Instant Account
Fund withdrawal is a very important feature, timing is a very important factor in the fund withdrawal requests. Fyers Fund withdrawal request received till 6:30 AM, will process on the same day. i.e if you have placed your fund withdrawal request after market close, you will get the fund on the next working day.
Withdrawal requests are processed from Monday to Saturday.
Fyers withdrawal time – On normal bank working days you can expect funds within 24 hrs.
Fyers had already tie-up with 24+ National banks for Payment Gateway. If out of these, the user is using any other bank, then fund transfer to Fyers Account need to be done via UPI or Online Banking (NEFT/RTGS/IMPS) facility.
Fund transferred via NEFT/RTGS shall reflect in 3-4 hours while IMPS will reflect within 30 minutes in the trading account.
Fyers, as a discount broker, offer 100% online service to its client. Due to any reason, if you need to do a call and trade with Fyers back office team, you need to Pay Rs 50 per order.
Same charges are applicable when intraday trade closed by RMS team @3:15 pm.
To avoid Call & Trade charges for Intraday open position, one needs to close all intraday open position before 3:15 pm.
Last Updated on 2024-01-08
