Fyers is a Private Discount Broker in India , established in 2015 , and headquartered in Bangalore. The broker provides access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures and currency options through mobile app access, web trading, desktop terminal access and algo trading support, making it relevant for traders and investors who want one platform for market access, order execution, and portfolio tracking.
This 2026 review covers Fyers brokerage charges, Demat account costs, trading platforms, products, customer support, and key features. Investors comparing brokers can use the details on this page to understand whether Fyers matches their cost expectations, preferred trading segments, and platform requirements.
Fyers is listed as a Private Discount Broker that started operations in 2015 with headquarters in Bangalore. Fyers lists Tejas Khoday, Shreyas Khodey & Yashas Khodey as its founder and focuses on serving investors who need access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures and currency options.
On the platform side, Fyers highlights mobile app access, web trading, desktop terminal access and algo trading support and supports products such as equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures. Its brokerage plan is listed as Standard Plan with subscription charges of Zero.
For investors evaluating overall value, the broker also highlights watchlists, real-time updates, research reports, customised recommendations, stock tips and interactive charts and support access through trading desk support, call support, email support, website support and Facebook support. This combination of products, tools, and support channels can help determine whether Fyers is suitable for beginner, active, or long-term investors.
Fyers — A Comprehensive Company Overview
| Company Overview | Fyers |
|---|---|
| Company Type | Private |
| Broker Type | Discount Broker |
| Headquarters | Bangalore |
| Founder | Tejas Khoday, Shreyas Khodey & Yashas Khodey |
| Establishment Year | 2015 |
| Brokerage Plan | Standard Plan |
Fyers has been evaluated across key parameters including technology, charges, products, and customer experience to help investors make an informed comparison.
Fyers — Ratings
| Parameter | Rating |
|---|---|
| Overall Rating | 8.20 / 10 |
| Customer Support | 8.16 / 10 |
| Technology | 8.29 / 10 |
| Charges | 8.23 / 10 |
| Products & Services | 8.15 / 10 |
| Experience | 8.13 / 10 |
Fyers lists account opening charges of Free for its onboarding process, while the annual maintenance charge (AMC) for the Demat account is Free (limited period offer).
Before opening an account with Fyers, investors should compare onboarding fees, Demat AMC, brokerage slabs, and the availability of services such as IPO access, F&O trading, and research tools.
Account Opening and Demat Charges
| Charge | Fyers |
|---|---|
| Trading Account Opening Charges | Free |
| Demat AMC (Annual Maintenance Charges) | Free (limited period offer) |
| DP Charges | Rs.15 per Scrip on Sell |
| Account Closure Charges | Nil |
| Account Reactivation Charges | Nil |
| Dematerialisation Charges | Nil |
| Call & Trade Charges | Rs.50 per Trade |
Brokerage is the fee charged by a stockbroker for executing trades on your behalf. Fyers applies the following charges across segments:
Brokerage of Fyers
| Brokerage | Fyers |
|---|---|
| Brokerage Plan | Standard Plan |
| Subscription Charges | Zero |
| Equity Delivery | Free |
| Equity Intraday | Rs.20 per Trade or 0.03% (whichever is Low) |
| Equity Future | Rs.20 per Trade or 0.03% (whichever is low) |
| Equity Option | Rs.20 per Trade |
| Commodity Future | Rs.20 per Trade or 0.03% (whichever is low) |
| Commodity Option | Rs.20 per Trade |
| Currency Future | Rs.20 per Trade or 0.03% (whichever is low) |
| Currency Option | Rs.20 per Trade |
Fyers offers margin exposure to help traders manage larger positions with less capital. The margin facility allows investors to leverage their holdings across different segments, enabling better utilisation of available funds while managing risk appropriately. The margin trading interest rate is Nil.
Fyers — Exposure / Margin
| Exposure | Fyers |
|---|---|
| Equity Delivery | 1x |
| Equity Intraday | Upto 5x (Depends on Stocks) |
| Equity F&O Carry Forward | 1x |
| Equity F&O Intraday | 1.3x |
| Commodity F&O Carry Forward | 1x |
| Commodity F&O Intraday | 1.3x |
| Currency F&O | 1x |
| Margin Trading Interest | Nil |
| Pledge Creation Charges | Nil |
| Pledge Invocation Charges | Nil |
Apart from brokerage, several statutory and operational charges apply when trading through Fyers. These include Securities Transaction Tax (STT), stamp duty, transaction charges, SEBI turnover fees, GST, and depository charges. Understanding these costs helps investors calculate the true cost of every trade.
Other Charges of Fyers
| Charge | Fyers |
|---|---|
| Transaction Charges — Equity Delivery | 0.00325% (NSE) 0.00375% (BSE) |
| STT — Equity Delivery | 0.1% on buy & sell |
| Stamp Duty — Equity Delivery | 0.015% on buy |
| Transaction Charges — Equity Intraday | 0.00325% (NSE) 0.00375% (BSE) |
| STT — Equity Intraday | 0.025% on sell |
| Stamp Duty — Equity Intraday | 0.003% on buy |
| Transaction Charges — Equity Futures | 0.0019% (NSE & BSE) |
| STT — Equity Futures | 0.0125% on sell |
| Stamp Duty — Equity Futures | 0.002% on buy |
| Transaction Charges — Equity Options | 0.05% (on premium) |
| STT — Equity Options | 0.0625% on sell (on premium) |
| Stamp Duty — Equity Options | 0.003% on buy |
| Transaction Charges — Commodity Futures | 0.0026% (Non-Agri) |
| STT — Commodity Futures | 0.01% on sell (Non-Agri) |
| Stamp Duty — Commodity Futures | 0.002% on buy |
| Transaction Charges — Commodity Options | 0.05% (Non Agri) |
| STT — Commodity Options | 0.05% on sell |
| Stamp Duty — Commodity Options | 0.003% on buy |
| Transaction Charges — Currency Futures | 0.0009% (NSE) |
| STT — Currency Futures | Nil |
| Stamp Duty — Currency Futures | 0.0001% on buy |
| Transaction Charges — Currency Options | 0.035% (NSE) |
| STT — Currency Options | Nil |
| Stamp Duty — Currency Options | 0.0001% on buy |
| SEBI Turnover Charges | Rs.10/ Crore (All Segment) |
| DP Charges | Rs.15 per Scrip on Sell |
| GST | 18% on (Brokerage + SEBI + Transaction charges) |
Fyers provides mobile app access, web trading, desktop terminal access and algo trading support to support order placement, portfolio tracking, and market monitoring. The broker also supports algorithmic trading, allowing advanced users to automate strategies through its platform. Basket trading is available, enabling investors to place multiple orders in a single transaction.
Key platform features include: watchlists, real-time updates, research reports, customised recommendations, stock tips, interactive charts, live market tracking, secure platform controls.
Fyers — Trading Platforms
| Trading Platform | Fyers |
|---|---|
| Android App | Fyers Android App Link |
| iOS App | Fyers iOS App Link |
| Web Trading Platform | Fyers Web Trading Link |
| Trading Terminal | Available |
| Algo Trading Platform | Available |
| Basket Trading Platform | Available |
| Mutual Fund Investment Platform | Available |
Fyers highlights the following offers and benefits to attract and retain investors. These can help reduce overall trading costs or improve the value of the account relationship.
Fyers — Offers
| Offer | Fyers |
|---|---|
| Free Account Opening | Yes |
| Free AMC | Yes |
| Free Brokerage | Yes, Limited |
| Flat Brokerage | Yes |
| Free Delivery Trading | Yes |
| Referral Offers | 20% of Revenue |
| Margin Funding / Pledging | Yes |
Fyers highlights features such as watchlists, real-time updates, research reports, customised recommendations, stock tips and interactive charts. These tools support research, market monitoring, order execution, and day-to-day portfolio management for both first-time and active market participants.
Fyers — Trading Features
| Trading Feature | Fyers |
|---|---|
| Wishlist / Watchlist | Yes |
| Real-Time Updates | Yes |
| Portfolio Details | No |
| Online MF Buy | No |
| Research Reports | Yes |
| Global Indices | No |
| Customised Recommendations | Yes |
| Stock Tips | Yes |
| Interactive Charts | Yes |
| Live Market | Yes |
| Multi Profile Management | No |
| Robust & Secure Platform | Yes |
Fyers provides the following research and advisory services to help investors make more informed trading and investment decisions.
Fyers — Research & Advisory
| Research Service | Fyers |
|---|---|
| Fundamental Reports | Yes |
| Research Reports | Yes, chargeable |
| Company Reports | Yes, chargeable |
| Stock Tips | Yes, chargeable |
| Daily Top Stock Picks | Yes, chargeable |
| Daily Market Review | Yes, chargeable |
| Weekly Review | Yes, chargeable |
Fyers provides services that may include Demat services, trading services, intraday trading, F&O trading, IPO access and trading education. Depending on the products enabled, investors may also get access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures from the same ecosystem, making it easier to manage both trading and long-term investing requirements.
Fyers — Services Provided
| Service | Fyers |
|---|---|
| Demat Services | Yes |
| Trading Services | Yes |
| Intraday Services | Yes |
| F&O Services | Yes |
| IPO Services | Yes |
| 3-in-1 Account | No |
| Stock Research | No |
| Stock Recommendations | No |
| Trading Education / Institution | Yes, School of Stocks |
| Share Pledging | Yes |
| PMS or PCG | No |
| NRI Services | No |
Fyers offers a range of investment products including stocks, futures & options, currency trading, commodity trading and mutual funds, enabling users to explore multiple asset classes from a single platform. The platform also supports long-term wealth creation through mutual funds, allowing investors to diversify and reduce risk exposure.
Fyers — Products Provided
| Product | Fyers |
|---|---|
| Equity Delivery | Yes |
| Equity Intraday | Yes |
| Equity Option | Yes |
| Equity Future | Yes |
| Commodity Option | Yes |
| Commodity Future | Yes |
| Currency Option | Yes |
| Currency Future | Yes |
| Foreign Stocks | No |
| Mutual Funds | Yes |
| Banking | No |
| Insurance | No |
| Corporate Bonds | No |
| Government Bonds | Yes |
| Digital Gold | No |
Fyers offers partnership opportunities for individuals and organisations looking to associate with the broker and earn income by referring clients or operating as a sub-broker.
Fyers — Partner Programs
| Program | Fyers |
|---|---|
| Sub-broker Program | Yes, Limited |
| Partner Program | Yes |
| Referral Program | Yes |
Fyers provides customer support through trading desk support, call support, email support, website support and Facebook support.
Customer Support of Fyers
| Support Channel | Fyers |
|---|---|
| Trading Support | Available, Chargeable |
| Call Support | 080-60001111 |
| Email Support | [email protected] |
| Website Support | Website Link |
| Facebook Support | Facebook Support Link |
| Twitter / X Support | Twitter Support Link |
| Telegram Support | Telegram Support Link |
The BSE and NSE regularly track and publish broker complaint data as part of maintaining investor protection standards. The table below shows the complaint record for Fyers, which can serve as an indicator of service quality and grievance resolution effectiveness.
Fyers — Complaints Data
| Metric | Fyers |
|---|---|
| Total Complaints Lodged | 132 |
| Total Complaints Resolved | 118 |
| % of Resolved Complaints | 89.39% |
| Non-Actionable Complaints | 10 |
| % of Non-Actionable Complaints | 7.58% |
Fyers can be evaluated through its onboarding costs, platform access, pricing structure, product range, and support options. Based on the broker data available on this page, here is a summary of the likely trading experience.