Fyers review
Active, chart-focused traders who want TradingView-grade charting and free APIs; less ideal for buy-and-hold delivery. Charges verified as of Jun 2026.
By NexMaxo Editorial Team · Charges verified Jun 2026 · standard published equity plan
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Fyers charges at a glance
Open account- Equity delivery
- ₹20 or 0.3%, lower
- Intraday
- ₹20 or 0.03%, lower
- DP sell / scrip
- ₹14.75
- Account opening
- ₹0
- Demat AMC
- ₹0 (currently free
- Type
- Discount
Platforms: Fyers Web (TradingView charts), FYERS One (desktop), Insta Options, FYERS API/Automate
Pros & cons
- Free account opening and ₹0 demat AMC (currently), with no charge on MF and IPO investments
- TradingView-native charting on Fyers Web plus FYERS One desktop terminal and Insta Options
- Free, well-documented trading API and FYERS Automate for rule-based/algo strategies (no API subscription fee)
- Low DP sell charge of ₹14.75 per scrip — among the lowest of the major discount brokers
- Equity delivery is no longer free — ₹20 or 0.3% (lower) since 1 Oct 2024, so small delivery trades pay 0.3%
- Call & Trade costs ₹50 + GST per order — among the highest of the discount brokers
- ₹0 AMC is a limited-period offer, not a permanent lifetime-free commitment
- Customer-support response times are reported as inconsistent, and the platform can overwhelm beginners
Compare Fyers
Fyers — FAQs
As of Jun 2026, Fyers charges ₹20 or 0.3%, lower on equity delivery and ₹20 or 0.03%, lower on intraday, plus a DP charge of ₹14.75 per scrip on every delivery sell. Statutory charges (STT, exchange, SEBI, stamp duty, GST) are the same across all brokers. Confirm current rates on the official charges page.
Yes — Fyers charges ₹20 or 0.3%, lower on equity delivery, unlike zero-delivery brokers such as Zerodha and Dhan. A per-scrip DP charge of ₹14.75 also applies on every delivery sell.
₹0 (currently free; not a permanent guarantee). AMC is a recurring fee to keep your demat account active; a BSDA (Basic Services Demat Account) can reduce it to ₹0 for small holdings. Confirm the current AMC on the broker's site.
Fyers is a SEBI-registered broker and exchange member. Your shares aren't held by the broker — they sit in your name with the depositories (CDSL/NSDL), so they're protected even if the broker has issues. Keep your login secure and verify holdings in your CDSL/NSDL statement.
This is an informational review of published charges, not investment advice or a recommendation to open an account. Charges are the standard equity plan verified as of Jun 2026; brokers change pricing and run promotions, so confirm current rates on the official charges page before opening. Investing carries market risk.