Broker Reviews
Fyers Review
Last updated August 22, 2026
This IPO News reference page covers “Fyers Review”. The page is organized around fyers top highlights 2026, fyers account opening and amc charges – 2026, other charges, fyers brokerage charges – 2026, fyers brokerage plan with closest competitors. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Fyers Top Highlights 2026
- Fyers Account Opening and AMC Charges – 2026
- Other Charges
- Fyers Brokerage Charges – 2026
- Fyers Brokerage Plan with closest competitors
- Investment Offerings – Fyers 2026
- Type of Account offered by Fyers
- Fyers Trading & Demat Account (Equity + Commodity)
- Fyers NRI Trading Account
- Fyers Mutual Fund Account
- How to open Fyers Account online?
- Fyers Mobile App and Trading Platforms
- Fyers Mobile App
- Fyers Web Trading Platform
- Fyers Next Trading Terminal
- Fyers One Desktop Trading Software
- Fyers TradingView
- Fyers InstaOptions
- Fyers Direct
- Fyers API
- Fyers MTF
- About Fyers
- Fyers Trading Pros & Cons
- Fyers Trading Pros
- Fyers Trading Cons
- Fyers Customer Care Info
- Final thought about Fyers
- Compare Stock Brokers Side-by-Side
- Frequently Asked Questions
- 1. What is Fyers MarketSmith?−
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- 💹 Max ₹20 per Order Brokerage on Delivery, Intraday, F&O, Commodities & Currency
- Rs 20 Flat brokerage model
- Call & Trade Charges: Rs 50 Per Order
- RMS Auto Square Off Charges: Rs 50 Per Order
- In addition to the low-cost trading benefits, Fyers has no charges for pledging, dematerialization and rematerialization, cheque bounce, and Rs 0 payment gateway charges.
- Note:: Fyers has revised the delivery brokerage fee to Rs 20/order or 0.03%, whichever is lower. Earlier, the delivery trading was free at Fyers.
- Check and compare Fyers charges with 5 close competitors.
- Fyers 2-in-1 trading account allows users to trade or invest in multiple segments, be it shares, equity derivatives, currencies, commodities and mutual funds.
- Fyers Direct platform offers you hundreds of direct mutual funds from 50+ fund houses like HDFC, Tata, Axis, ABSL, ICICI, SBI, Nippon India, and more.
- Open a Fyers Demat & Trading Account for free in a 100% digital paperless manner and start trading within 24 hours.
- Download Fyers 2.0 trading app on Android and iOS from the Play Store and App Store and start trading seamlessly.
- Fyers 1.5 beta web is a robust web trading platform based on the powerful TradingView charting library.
- Day traders will find many interesting tools such as Market Heatmap, Index Meter, Technical Screener, 360-degree market analysis, FII/DII data, Bulk & Block Deals, F&O analysis tools and access to advanced EOD reports.
- The TradingView platform has many compelling features such as stock screeners, 15+ types of price charts, 100+ indicators and 50+ drawing tools, strategy testers, live streaming news and more.
- By investing in a direct plan, you can earn 1-1.5% additional returns.
- The trading API is integrated with Python, Rest and Node js programming languages. Algo traders can access Fyers API to place and execute orders in less than 100 ms.
- Fyers charges Rs 20 per order maximum brokerage for all trades executed on the BSE, NSE, and MCX. So brokerage fees are not an issue when trading with Fyers.
- Trade on BSE, NSE, and MCX
- Rs 20 fixed brokerage on all segments
- Cheapest Rs 50/order brokerage on NRI trading
- No 3-in-1 account offering
- Fyers allow user to apply in IPO online with the UPI based transaction. As per current limit of UPI, users can apply up to Rs 2 lacks application with a FYERS IPO Application.
- After your request, Fyers team will take up to 7 days to close your account and confirm with you over email
- Fyers Support Number:080-6625-1111/080-4625-1111
- Square off is the end of the day process where RMS team closes all open Intraday positions. Generally this process starts from 3:15 PM (15 minute before market close).
- Traders can close their Intraday position before 3:15 pm. After that Fyers RMS team will close the position and charge Rs 50 + GST. To avoid such scenario, one need to close all Intraday positions before 3:15 pm.
- Position closed by RMS team is usually considered as Call and Trade. A broker charges same fee, which is Rs 50 + GST per order.
- For traders and investors Fyers offer all 3 trading platforms – Mobile App, Web and Downloadable EXE. Fyers App 2.0, FYERS Web and FYERS One (Fyers Terminal) are the in-house developed trading platform by Fyers.
- No, Fyers as a discount broker offers only one plan – The flat Rs 20 plan. The company doesn’t offer any other plan like an unlimited trading plan to fix the monthly plan.
Data Tables
| Trading Account Opening Charges |
Free |
| Trading Account AMC |
Free |
| Demat Account Opening Charges |
Free |
| Demat Account AMC |
Free |
| . |
NRE |
NRO |
Non-PIS NRO |
| Account Opening Charges |
Free |
Free |
Free |
| Demat AMC |
Free |
Free |
Free |
| Equity Delivery Charges |
0.05% or Rs 50 whichever is lower |
0.05% or Rs 50 whichever is lower |
0.05% or Rs 50 whichever is lower |
| Futures & Options |
NA |
NA |
Flat fee Rs 50 |
| Android Trading App |
Android Fyers Mobile App Download |
| iOS Trading App |
iOS App Download |
| Web Trading Detail |
Fyers Web |
| Trading Software Charges |
Free |
| Detail |
Detail on Trading Platforms for fyers |
| API Type |
Fyers API is a set of online tools by Fyers that lets you connect your own software to your trading account to place orders and access market data automatically. |
| API Charges |
Free |
| MTF Leverage |
Up to 4x leverage on 1600+ stocks |
| MTF Interest Rate |
12.49% – 16.49% per annum (Slab-based MTF Interest rates) |
| MTF Segment |
Equity Delivery |
| MTF Pledge Charges |
₹12 per stock |
| MTF Unpledged Charges |
₹12 per stock |
| Maximum MTF Funding |
Upto ₹50 Lakh per account |
| Fyers Customer Care Phone Number |
08060001111 |
| Fyers Customer Support Email |
[email protected] |
| Fyers Knowledge Center |
https://fyers.in/school-of-stocks/ |
| Feature |
|
|
|
| Plan Name |
Rs 20 Plan |
Rs 20 Plan |
Rs 20 Plan |
| Overall Rating |
★ 4.5 |
★ 4.5 |
★ 4 |
| Equity Delivery |
Free |
0.1% or Rs 20 |
Flat Fee Rs 20 |
| Intraday |
0.03% or Rs 20 |
0.03% or Rs 20 |
Flat Fee Rs 20 |
| Account Opening |
Free |
Free |
Free |
| AMC (Annual) |
Rs 300 PA (Free for 1st year) |
Rs 240 PA |
Rs 300 PA |
| Max Brokerage |
Rs 20 |
Rs 20 |
Rs 20 |
|
Open A/C |
Open A/C |
Open A/C |
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