Fyers Annual Charges, AMC, All Charges Details 

Fyers is another growing discount broker in India with a 4 Lakh client base. Fyers offers one of the lowest brokerage fees of flat Rs. 20 for intraday trading in India. 

You’ll come to know about all the charges Fyers collects from its customers. 

Fyers Charges Details 

Fyers Account Opening Charges

Fyers offers free demat and trading accounts.

Fyers Annual Maintenance Charges 

Fyers doesn’t charge any annual maintenance charges. Fyers is among the few top stock brokers in India who don’t charge any account opening charges as well as AMC. Upstox and Groww are the only other stock brokers that provide free accounts with zero AMC.

Fyers Brokerage Charges

Fyers has the lowest brokerage charges system similar to Zerodha. The brokerage charges are 0.03% or Rs. 20 per trade, whichever is lower. Delivery trades are free in Fyers

Let’s have a look at the brokerage charges 

Trading Segment	Charges
Equity Delivery	Free
Equity Intraday	Rs. 20 or 0.03% per executed order whichever is lower
Equity Futures	Rs. 20 or 0.03% per executed order whichever is lower
Equity Options	Flat Rs. 20 per executed order
Currency Futures	Rs. 20 or 0.03% per executed order whichever is lower
Currency Options	Rs. 20 per executed order
Commodity Futures	Rs. 20 or 0.03% per executed order whichever is lower
Commodity Options	Rs. 20 per executed order

You can also check out Zerodha’s annual charges and other charges in this article.

Fyers Delivery Charges

Fyers charge zero brokerage on stock delivery. Fyers is one of the rare stockbrokers who provide free stock delivery. 

Fyers Intraday Charges

Fyers charges a lower of Rs. 20 or 0.03% per executed order irrespective of the trading volume. 

For example, if you trade worth Rs 20000 then Fyers will charge Rs 6 for stock intraday, not Rs 20.

But if you place an order for 5,00,000 then a fixed charge of Rs 20 will be charged.

Fyers Futures Trading Charges

Fyers charges a lower of Rs. 20 or 0.03% per executed order irrespective of the trading volume among all the segments. 

For example, if you trade worth Rs 10000 then Fyers will charge Rs 3 for Futures, not Rs 20. 

But if you place an order for 1,00,000 then a fixed charge of Rs 20 will be charged.

Fyers Options Trading Charges

Fyers charges a flat fee of Rs 20 per options order for all the segments (equity, currency, and commodity). 

Fyers Call and Trade Charges

Fyers charges a fee of Rs. 50 per executed order for all trades executed through Call and Trade.

Call & Trade charges include – 

• successfully placed orders
• executed orders
• rejected orders
• canceled orders

Fyers Charges for Mutual Funds 

Fyers charges zero fees for mutual fund investments through its platform. You can also go through our list of best brokers for mutual funds investments.

Fyers Charges for IPO Investment  

Fyers charges zero fees for IPO investments through its platform.

Fyers Plegde and Unpledged Charges 

Fyers doesn’t charge any pledging and unpledging fee from its customers making it an attractive deal for traders.

Fyers Margin Shortfall Penalty 

Fyers charges a penalty on the debit balance in the trading account.

Shortfall collection	Penalty
(< Rs 1 lakh) and (< 10% of applicable margin)	0.50%
(>= Rs 1 lakh) or (>= 10% of applicable margin)	1%

A penalty of 5% will be applicable 

• For every further instance of the shortfall is applicable, If there are more than 5 instances of a shortfall in a calendar month.
• For each subsequent instance of the margin shortfall, If the margin shortfall continues for more than 3 consecutive days.
• For MCX, from the 4th instance of the shortfall, if the margin shortfall is reported 3 times or more during a month. 

Fyers Charges For Auto-square Off

Fyers charge Rs. 50 per auto-squares off all open intraday positions at or after the cut-off time. 

Segment	Equity intraday	Equity F&O	Currency F&O	Commodity F&O
Cut-off time	3.15 pm	3.15 pm	4.40 pm	25 mins before close

Fyers CMR Physical Copy

First CMR request is free. Rs 20 + Rs 100 (courier charge) for subsequent CMR physical copy requests.

Fyers Off-Market Share Transfer Charges 

You would need to pay Rs 12.5 per scrip for off-market share transfers. 

Fyers Funds Add Charges 

Fyers doesn’t charge any fee for funds deposits across all payment methods.

Fyers Funds Withdraw Charges 

Fyers doesn’t charge any fee for withdrawing funds from your trading to your bank account.

Fyers Charges for Cancelled Orders

Fyers does not charge any fees for canceling orders.

Cancellation can be due to –

• Canceling orders manually
• Auto-canceled by the system
• Order rejected for short of funds or any reason

Fyers Charges for GTT

Fyers does not charge any fees for setting up GTT (Good Till Triggered) orders. However, a normal brokerage fee of up to Rs. 20 is charged when the order is triggered.

Fyers Charges For BTST

Fyers charges Rs 0 for BTST trades as this order comes under delivery product. 

Fyers Charges for Debit Account Balance 

If your account is in debit balance, any order placed will be charged Rs 40 per executed order instead of Rs 20 per executed order. 

Fyers Delayed Payment Charges

1. Fyers charges an Interest at 18% a year or 0.05% per day on the debit balance in your trading account in the following conditions 

If the utilized funds cross the available balance in the Fyers account, it will lead to a debit balance. Additionally, if charges are debited without sufficient balance, it could result in a debit balance. 

2. For overnight F&O positions, 50% of the margin needs to compulsorily come in cash or cash equivalent collateral, and the remaining 50% can be in terms of non-cash collateral margin. If sufficient cash margin is not maintained and the shortfall is funded by the non-cash collateral, there will be a delayed payment charge of 0.035% per day or 12.5% per annum on the shortfall in the cash margin requirement.

Government Taxes and Regulatory Charges

Fyers SEBI Charges

Fyers charges a fee of Rs 10 per crore traded as SEBI charges that it has to pay to SEBI on behalf of its customers.

GST (Goods and Services Tax)

18% GST needs to be paid on all the charges like brokerage charges, SEBI charges, and transaction fees.

Fyers Transaction Charges

Fyers charges transaction charges for every trade executed on the exchange. The charges are levied by the exchange and vary from one exchange to another. The charges are as follows:

Segment	Charges
NSE Equity (intraday/ delivery)	0.00345%
BSE Equity (intraday/delivery)	0.00375%
NSE Equity Futures	0.0020%
NSE Equity Options	0.053%
NSE Currency Futures	0.0009%
NSE Currency Options	0.035%
BSE Currency Futures	0.00022%
BSE Currency Options	0.001%
Commodity Futures	0.0026%
Commodity Options	0.05%

Fyers STT Charges

STT (Securities Transaction Tax) is levied by the government on securities and commodities on all trades executed on the exchange. The charges are as follows:

Trading Segment	Charges
Equity Delivery	0.1% on both buy & sell
Equity Intraday	0.025% only on sell
Equity Futures	0.01% only on sell
Equity Options	0.05% only on sell
Currency Futures	No STT
Currency Options	No STT
Commodity Futures	0.01% on sell (Non-Agri)
Commodity Options	0.05% on sell

Fyers Stamp Duty

Stamp duty is a tax levied by the state government on the transfer of securities. Stamp duty is charged only on the buy side. 

The stamp duty charges are as follows:

Trading Segment	Charges
Equity Delivery	0.015% or Rs 1500 / crore
Equity Intraday	0.003% or Rs 300 / crore
Equity Futures	0.002% or Rs 200 / crore
Equity Options	0.003% or Rs 300 / crore
Currency Futures	0.0001% or Rs 10 per crore
Currency Options	0.0001% or Rs 10 per crore
Commodity Futures	0.002% or Rs 200 per crore
Commodity Options	0.003% or Rs 300 per crore

Fyers DP Charges

Fyers charges a DP charge of Rs. 13.5 per scrip for each Demat debit transaction(sell). There are no charges for Demat credit transactions. This is charged only on stock delivery. 

Fyers NRI Charges 

NRI Fyers Account Opening Charges 

You can open an NRI account only through offline mode. NRI cannot open the commodity (MCX) account with Fyers.  

• Account opening fees – Rs. 500. 
• AMC charges – Rs. 500 

Fyers NRI Brokerage Charges

	PIS Account	Non-PIS Account
Equity	Lower of 0.5% or Rs 200 per executed order	Lower of 0.5% or Rs 100 per executed order
Futunre & Options	Rs 100	Rs 100

Fyers Accounts Opening Partnership, LLP, HUF, or Corporate 

Equity (for trades on Equity, F&O, and Currency)	Rs 500
Equity (for trades on Equity, F&O, and Currency) and Commodity (MCX)	Rs 800

I have tried to add the details of all the Fyers charges. If I missed any details, let me know in the comments.