Name: FYERS
Brand: FYERS
Price: 20 INR
Availability: InStock
Rating: 4.2 (1 reviews)

Overview

FYERS revolutionized Indian trading by becoming the first broker to integrate TradingView charts in 2017, offering traders professional-grade technical analysis with direct order execution. The platform combines competitive flat-rate pricing of maximum ₹20 per order with advanced features including Pine Script automation, strategy testing, and exclusive Seconds Charts for ultra-short timeframe analysis. Perfect for active traders and technical analysts requiring sophisticated charting tools with seamless API integration capabilities. With SEBI regulation and over 900,000 active users, FYERS balances cutting-edge technology with regulatory compliance and lifetime free Demat account maintenance.

Pros

↑First Indian broker with TradingView integration and Pine Script support
↑Flat brokerage capped at maximum ₹20 per order across all segments
↑Lifetime free Demat AMC with zero account opening charges

Cons

↓Some advanced TradingView features require separate paid subscription
↓Equity delivery brokerage revised to 0.3% from previous zero rate
↓MTF interest rates range from 12.49% to 16.49% annually

Key Highlights

Welcome Offer
₹0 lifetime free AMC
Zero Demat account annual maintenance charges for lifetime
No account opening fees for trading and Demat
Free for all account types including individual, minor, NRI
Permanent benefit, not promotional

Trading Costs
Max ₹20 per order
Equity Delivery: ₹20 or 0.3% whichever lower per order
Equity Intraday & Futures: ₹20 or 0.03% whichever lower
Options: Flat ₹20 per executed order
Mutual Funds & IPO: ₹0 brokerage

Assets & Markets
TradingView charts integrated
First Indian broker with TradingView integration since 2017
Place orders directly from TradingView charts
100+ indicators and drawing tools included
Pine Script support for custom strategies
Works across equity, F&O, and commodity segments

Why Choose?
Seconds Chart precision
Only Indian broker offering Seconds Chart feature
Analyze 5s, 10s, 15s, 30s, and 45s timeframes
30-day historical candle data available
Real-time micro-movement tracking
Ideal for scalping and precision entry/exit

Regulation & Safety
SEBI regulated
SEBI Registration: INZ000008524
NSE, BSE, MCX member broker
NSDL and CDSL depository participant
Client funds segregated and protected
Regular compliance audits

Account Minimum
Free API access
REST API and WebSocket API included free
Build custom trading applications
Integrate with third-party platforms
Extensive documentation and Postman collections
No additional charges for API usage

Key Benefits

Trading Costs

★4.3

▼

Maximum ₹20 flat fee per order across most segments
Equity delivery: ₹20 or 0.3% (whichever lower)
Zero brokerage on mutual funds and IPO applications
Lifetime free Demat AMC saves ₹300-600 annually
MTF rates competitive starting from 12.49% annually
DP charges reduced to ₹3.5 per sell transaction

Platform And Tools

★4.5

▼

Industry-first TradingView integration since 2017
FYERS Web with advanced technical analysis tools
Mobile app for iOS and Android with full features
Exclusive Seconds Chart for ultra-short timeframes
Insta Options tool for F&O strategy analysis
Free API access for custom application development

Research And Analysis

★4.0

▼

TradingView community insights and ideas
100+ technical indicators included
Pine Script for custom indicator creation
Options chain with Greeks analysis
Open Interest tracking for derivatives
Stock screeners and SWOT analysis tools
Real-time market data across all segments

Mobile Trading

★4.2

▼

Native iOS and Android applications available
Full trading capabilities on mobile platform
TradingView charts accessible on mobile app
Real-time portfolio tracking and alerts
Options trading with strategy visualization
Quick trade execution with drag-and-drop interface

Account Features

★4.1

▼

Single margin account for NSE, BSE, MCX segments
Paperless account opening in under 10 minutes
Minor, NRI, and corporate account options
Margin Trading Facility with competitive rates
Free online pledge and unpledge for securities
Multiple funding methods including UPI, NEFT, RTGS

Security And Trust

★4.3

▼

SEBI registered since 2016 (INZ000008524)
Member of NSE, BSE, MCX exchanges
NSDL and CDSL depository participant
Client funds segregated in designated accounts
Regular compliance audits and reporting
Over 900,000 active users nationwide

Customer Support

★3.8

▼

Email and ticket-based support system
Support portal with comprehensive knowledge base
Remote desktop assistance for technical issues
Response within 24-48 hours for queries
Active community forum for peer support
Limited phone support availability

Educational Resources

★3.9

▼

FYERS blog with market insights and tutorials
TradingView community for learning strategies
Video tutorials for platform features
Knowledge base articles for common queries
Webinars and educational content periodically
Limited structured learning programs

Available Tools

Trading Tools

▼

Paper Trading	×
Margin Trading	✓
Zero Commission	✓
Fractional Shares	×
After Hours Trading	×

Automation

▼

Dca	×
Algo Trading	✓
Grid Trading	×
Trading Bots	×
Robo Advisory	×
Sentiment Analysis	×
Social Copy Trading	×
Ai Trading Assistant	×

Advanced Tools

▼

Api Access	✓
Basket Trading	×
Options Strategies	✓
Smart Order Routing	×
Backtesting Capabilities	✓

Detailed Information

Commission Tiers	No volume-based tiers; flat pricing for all users Standard plan: Maximum ₹20 per order across segments Same rates apply regardless of trading volume No preferential pricing or VIP tiers available
Trading Fees	Equity Delivery: ₹20 or 0.3% per executed order (whichever lower) Equity Intraday: ₹20 or 0.03% per executed order (whichever lower) Equity Futures: ₹20 or 0.03% per executed order (whichever lower) Equity Options: Flat ₹20 per executed order Currency Futures: ₹20 or 0.03% per order (whichever lower) Currency Options: Flat ₹20 per order Commodity Futures: ₹20 or 0.03% per order (whichever lower) Commodity Options: Flat ₹20 per order
Stock Etf Commission	₹20 or 0.3% (whichever lower)
Options Commission	Flat ₹20 per executed order
Futures Commission	₹20 or 0.03% (whichever lower)
Financing Rates	MTF interest rates tiered by funding amount ₹1,000 or less: 0% p.a. ₹1,001 to ₹1,00,000: 16.49% p.a. ₹1,00,001 to ₹10,00,000: 15.49% p.a. ₹10,00,001 to ₹25,00,000: 14.49% p.a. ₹25,00,001 to ₹50,00,000: 12.49% p.a. Interest calculated daily at 0.0493% for 18% annual rate
Margin Interest Rate	0.041% per day on ledger debit
Overnight Fees	Interest on cash to collateral violation: 0.041% daily
Non Trading Fees	Account opening: ₹0 Demat AMC: ₹0 (lifetime free) Call & Trade: ₹50 + GST per order Admin square off: ₹50 + GST per order Physical contract note: ₹20 + courier charges DP sell charges: ₹3.5 + GST per scrip
Deposit Fee	₹0
Withdrawal Fee	₹0 for most methods Bank transfer charges may apply based on bank
Data Feed Fees	Real-time market data included free TradingView charts included at no extra cost Advanced TradingView features require separate subscription
Order Modification Fee	₹0
Vip Fee Tiers	No VIP or preferential pricing tiers

Minimum Spreads	Market-driven spreads on equity and derivatives
Maximum Leverage	Margin requirements as per SEBI/exchange regulations MTF leverage based on approved securities list
Margin Call Level	As per exchange and SEBI guidelines
Stop Out Level	Auto square-off when margin falls below required level
Negative Balance Protection	Yes - risk management system prevents negative balance
Settlement Period	Equity: T+1 settlement cycle F&O: Mark-to-market daily settlement Commodity: As per MCX guidelines
Order Execution Quality	Direct market access to NSE, BSE, MCX Real-time order execution with confirmation Smart order routing for best execution Order modification and cancellation instant

Stocks Count	5,000
Etfs Count	200
Crypto Count	0
Forex Pairs Count	0
Product Universe Overview	Complete NSE and BSE equity coverage Futures and options on indices and stocks Currency derivatives on NSE Commodity trading on MCX Direct mutual fund investments IPO and FPO applications Government bonds and T-Bills
Geographic Market Coverage	Primary focus: Indian stock markets NSE (National Stock Exchange) full access BSE (Bombay Stock Exchange) complete coverage MCX (Multi Commodity Exchange) membership No international market access
Major Markets Details	NSE: NIFTY 50, NIFTY Bank, sectoral indices BSE: SENSEX, BSE 500, thematic indices Currency: USD/INR, EUR/INR, GBP/INR, JPY/INR Commodities: Gold, Silver, Crude Oil, Natural Gas
Emerging Markets Details	India-focused platform only No access to other emerging markets Comprehensive coverage of Indian small-cap and mid-cap stocks
Base Currencies Supported	INR (Indian Rupee) only

Trading Platforms Overview	FYERS Web: Browser-based trading platform FYERS App: Mobile trading for iOS and Android TradingView integration: Chart-based trading API platform: For algorithmic trading All platforms developed in-house
Desktop Platform	Browser-based FYERS Web platform No separate desktop installation required Full trading capabilities on web Advanced TradingView charting integrated Works on Windows, Mac, Linux browsers Responsive design for various screen sizes
Mobile App	Native apps for iOS and Android Full trading functionality on mobile TradingView charts on mobile interface Real-time portfolio tracking Push notifications for price alerts Biometric authentication support Quick trade and order modifications
Web Platform	HTML5-based responsive platform No downloads or plugins required Access from any modern browser Real-time streaming data Multiple watchlists and market depth Chart trading with drag-and-drop orders
Trading Tools And Features	TradingView charts with 100+ indicators Pine Script for custom strategies Insta Options for F&O analysis Stock screeners with multiple filters SWOT analysis for fundamental research Real-time Open Interest data Options chain with Greeks Seconds Chart for ultra-short timeframes
Charting And Technical Analysis	TradingView powered charting engine 15+ chart types including candlestick, Renko, Heikin Ashi 100+ pre-built technical indicators Drawing tools and pattern recognition Multiple timeframes from seconds to monthly 24+ years of historical data 4+ years of intraday historical charts Bar replay for strategy testing
Risk Management Tools	Stop-loss orders for all segments Trailing stop-loss functionality Bracket orders for defined risk Position limit monitoring Real-time margin calculator Margin excess/shortfall alerts
Order Types Available	Market orders Limit orders Stop-loss orders Stop-loss market orders Bracket orders Cover orders After-market orders (AMO)
Integrations And Api Access	Free REST API access WebSocket API for real-time data Python and JavaScript libraries available Extensive Postman collections provided API Bridge for TradingView integration Third-party platform connections supported
Third Party Platforms	TradingView (fully integrated) AmiBroker (via API) MetaTrader (via bridge) Excel RTD (real-time data) Custom applications via API
Api Rate Limits	Standard rate limits apply per API Rate limits documented in API documentation Sufficient for most retail and algorithmic trading needs
Algo Trading Support	Full API access for algorithmic trading Pine Script strategy automation API Bridge for webhook-based automation No additional charges for algo trading Strategy testing on TradingView platform

Customer Support Overview	Email-based support system Ticket management through support portal Active community forum for peer assistance Knowledge base with FAQs and guides Remote desktop assistance for technical issues
Phone Support Hours	Limited phone support Primary support via email and tickets Contact: 080-60001111 (main office)
Live Chat Availability	Not available Support via email and ticket system only
Email Response Time	24-48 hours for most queries Faster response for urgent issues Support email: [email protected]
Languages Supported	English Hindi
Local Office Presence	Headquarters in Bangalore, Karnataka Registered office: Brigade Magnum, Hebbal Branch offices in select cities
Account Manager	Not provided for retail accounts Corporate accounts may get dedicated support
Educational Resources Overview	FYERS blog with market insights Video tutorials for platform features Knowledge base articles TradingView community learning resources Periodic webinars and educational content
Beginner Resources	Getting started guides available Platform navigation tutorials Basic trading concepts on blog Video walkthroughs for key features
Webinars And Tutorials	Periodic webinars on platform features Video tutorials on YouTube channel Community-shared learning resources
Market Analysis And Research	TradingView community ideas and scripts SWOT analysis for stocks Real-time market data and news Limited proprietary research content
Demo Account Details	Paper trading not available on platform TradingView demo mode can be used Strategy testing available on TradingView
Trading Courses	Limited structured courses Educational blog posts and articles Community-driven learning resources
Tax Reporting Help	Basic P&L statements provided Capital gains reports available Tax audit reports on request No dedicated tax consultation services

Regulation Overview	SEBI registered stockbroker since 2016 Member of NSE, BSE, and MCX exchanges Depository participant with NSDL and CDSL Regular compliance audits and reporting Adherence to SEBI broker regulations
Primary Regulator	Securities and Exchange Board of India (SEBI)
License Number	SEBI Registration: INZ000008524 NSE Member Code: 90061 BSE Member Code: 6697 MCX Member Code: 56100 DP SEBI Registration: IN-DP-432-2019 NSDL Member: IN304502 CDSL Member: 12089400
Investor Protection Scheme	Client funds segregated in designated bank accounts Securities held in depository participant account Investor Grievance Redressal Mechanism Compliance with SEBI client protection norms Regular audits by SEBI and exchanges
Security Features	Secure login with password protection Two-factor authentication available OTP-based transaction verification SSL encryption for data transmission Regular security audits and updates DDPI for demat debit authorization

Commission Tiers

No volume-based tiers; flat pricing for all users
Standard plan: Maximum ₹20 per order across segments
Same rates apply regardless of trading volume
No preferential pricing or VIP tiers available

Trading Fees

Equity Delivery: ₹20 or 0.3% per executed order (whichever lower)
Equity Intraday: ₹20 or 0.03% per executed order (whichever lower)
Equity Futures: ₹20 or 0.03% per executed order (whichever lower)
Equity Options: Flat ₹20 per executed order
Currency Futures: ₹20 or 0.03% per order (whichever lower)
Currency Options: Flat ₹20 per order
Commodity Futures: ₹20 or 0.03% per order (whichever lower)
Commodity Options: Flat ₹20 per order

Stock Etf Commission

₹20 or 0.3% (whichever lower)

Options Commission

Flat ₹20 per executed order

Futures Commission

₹20 or 0.03% (whichever lower)

Financing Rates

MTF interest rates tiered by funding amount
₹1,000 or less: 0% p.a.
₹1,001 to ₹1,00,000: 16.49% p.a.
₹1,00,001 to ₹10,00,000: 15.49% p.a.
₹10,00,001 to ₹25,00,000: 14.49% p.a.
₹25,00,001 to ₹50,00,000: 12.49% p.a.
Interest calculated daily at 0.0493% for 18% annual rate

Margin Interest Rate

0.041% per day on ledger debit

Overnight Fees

Interest on cash to collateral violation: 0.041% daily

Non Trading Fees

Account opening: ₹0
Demat AMC: ₹0 (lifetime free)
Call & Trade: ₹50 + GST per order
Admin square off: ₹50 + GST per order
Physical contract note: ₹20 + courier charges
DP sell charges: ₹3.5 + GST per scrip

Deposit Fee

₹0

Withdrawal Fee

₹0 for most methods
Bank transfer charges may apply based on bank

Data Feed Fees

Real-time market data included free
TradingView charts included at no extra cost
Advanced TradingView features require separate subscription

Order Modification Fee

₹0

Vip Fee Tiers

No VIP or preferential pricing tiers

FYERS

Overview

Pros

Cons

Key Highlights

Key Benefits

Available Tools

Detailed Information

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