The first catch to successful gains is to ensure the expenses are not equal to earnings. To ensure you keep your expenses low, you need to have sufficient knowledge about the Fyers Brokerage Charges. Following the research on Fyers Charges, you can draft likewise strategies and make fruitful gains.
We have grouped and briefly explained the charges for your convenience. Make sure you check out all the sections of the article to learn about every other charge you will encounter.
|Equity Delivery Trading||Free|
|Equity Intraday Trading||0.01% or Rs.20 per Executed order|
|Margin Money||Zero Margin|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs.50 per Segment|
What are the Fyers Brokerage Charges?
|What are the Equity Delivery Charges?||Free|
|What are the Equity Intraday Charges?||0.01% or Rs.20 per Executed order|
|What is the brokerage on Equity Futures?||0.01% or Rs.20 per Executed order|
|How much brokerage charged for Equity Options?||Rs.20 per executed order|
|What is the brokerage on Currency Futures?||0.01% or Rs.20 per Executed order|
|What is the brokerage on Currency Options?||Rs.20 per executed order|
|How much brokerage charged for Commodity Trading?||0.01% or Rs.20 per Executed order|
|Brokerage Calculator||Fyers Brokerage Calculator|
Let us commence the discussion on charges with the Fyers Brokerage Charges. They are a well defined broking house, which has set the charge as per the preference of the investors. The best example is the free brokerage charge for the Equity Delivery segment.
Now, you need to learn about the Equity Intraday, Equity Futures, Currency Futures and Commodity segments charges. They commonly have the charge rate of 0.01% or Rs.20 per Executed order. It ranges as per the company’s terms and conditions.
Rest assured, you need to pay definite charges for the Options segments. Here, both the Equity Options segment and the Currency Options segments have the same charge of Rs.20 per executed order.
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What are the Fyers Account Opening Charges?
|Account Opening Charges|
|Is there any Trading Account Charges [One Time]?||Free|
|How much is the Trading Account AMC [Yearly]?||Free|
|Is there any Demat Charges [One Time]?||Free|
|How much is the Demat AMC [Yearly]?||Free for 1st year & Rs.300|
|Any minimum Margin Money required?||Zero Margin|
If you feel the brokerage charges are justified and wish to proceed and open an account with the company here are the next set of charges you must know. It starts with the Fyers Account Opening Charges, which is a one time fee that has to be provided at the time of account opening.
The precise Fyers Demat Account Charges for opening are free. However, you need to pay a charge of Rs.300 for AMC from the second year. On the other front, you need to pay no charges for trading account either for AMC or for opening.
Find out Brokerage & Other Charges of Stock Brokers
What are the Fyers Transaction Charges?
|Transaction Charges for each segment|
|What are the Transaction Charges for Equity Delivery?||0.00275% of Total Turnover|
|What are the Transaction Charges for Equity Intraday?||0.00275% of Total Turnover|
|How much is the Transaction Charges for Equity Futures?||0.00275% of Total Turnover|
|How much is the Transaction Charges for Equity Options?||0.00275% of Total Turnover|
|What are the Transaction Charges for Currency Futures?||0.00275% of Total Turnover|
|What are the Transaction Charges for Currency Options?||0.00275% of Total Turnover|
|Any Transaction Charges for Commodity Trading?||0.00275% of Total Turnover|
You can carry out each and every trade in a smooth and efficient manner, pay making a very small charge payment referred to as Fyers Transaction Charges. It comprises of a tiny fraction of your total turnover and does not have serious impact on your expense list.
All the segments Equity Delivery, Equity Intraday, Equity Futures, Equity Options, Currency Futures, Currency Options, and Commodity account for the same charge of 0.00275% of Total Turnover. You can commute a basic example to figure out the fraction of your total turnover you are likely to pay.
You can make use of our brokerage calculator for the example commutation part and also for future transactions.
What are the other remaining Fyers Charges?
|How much is the Transaction Charges levied?||0.0002% of Total Turnover|
|What are the STT charges?||0.0126% of Total Turnover|
|How much is the Stamp Duty levied?||Depends on State (very minimal)|
|How are the GST charged?||18% of (Brokerage + Transaction Charges)|
|Any Margin Funding Charges?||18% + GST|
|How much is the Reactivation Charge?||Rs.50 per Segment|
|Any charges Account Closure?||Zero|
|What are the Dematerialisation Charges?||Rs.53|
The last set of charges you need to deal with are the other Fyers Charges / Govt Charges. Stating the government charges, you need to pay Transaction charges, STT charges, Stamp duty and finally GST. Company charges them all and the amount is then sent to the government.
On final note, you need to pay Rs.50 per segment for reactivation charges and Rs.52 for dematerialization. Desire to close your account, will however charge you nothing.
Check out Charges of other Stock Brokers
General FAQs on Fyers Securities Charges
Lets have a look at the FAQs on Fyers Charges:
Does Fyers Securities provide fixed brokerage options?
Yes, their brokerage plans are pretty fixed in nature.
Does Fyers Securities have different brokerage charges for penny stocks?
No, you will find the same set of brokerage plans for penny stock as well.
Can I calculate Fyers Securities brokerage even before I place a Trade?
Yes, our Fyers brokerage calculator comes handy for such an activity.
Can I calculate Fyers Securities margin / limit / exposure?
Yes, we have our offering the Fyers margin calculator for the same.
Is there any account opening fees by Fyers Securities?
Yes, a fee payment will be applicable if you want to open an account.
Is there any AMC levied by Fyers Securities?
No, you can use the account for free, without paying a maintenance charge.
Fyers Charges – Conclusion
Now you can easily figure out the Fyers Brokerage Charges range. If the company is likely of investment you can easily move ahead and open an account with them. They are well classified we believe and for further reference and help you can compare the Fyers Charges.
Deploy the use of our brokerage calculator to figure out the charge of each transaction. You can find the link to the calculator in one of the tables provided in this article.
Open Demat Account with Fyers Now! – Fill up the Form
Find out Brokerage Charges of other Stock Brokers
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