Accounts and opening requirements
Sections ↑FYERS Standard and Prime share the same underlying trading-and-demat account. Prime is an optional subscription that changes brokerage, financing and selected feature limits; it is not a separate regulatory account or a requirement to trade. NRI and entity-account terms require their own comparison.[1][2]
Resident plans
| Attribute | Standard | Prime |
|---|---|---|
| Opening / annual maintenance | INR 0 / INR 0 | Base account unchanged; membership additionalSource 1 |
| Membership | No Prime subscription | INR 499 monthly or INR 4,990 yearly plus 18% GSTSource 3 |
| Equity intraday / futures | Lower of INR 20 or 0.03% | Lower of INR 15 or 0.03%Source 1 |
| Delivery / ETF / MTF | Lower of INR 20 or 0.3% | Lower of INR 15 or 0.3%Source 1 |
| Options | INR 20 | INR 15Source 1 |
| Instant payout ceiling | INR 200,000 | INR 500,000; other conditions remainSource 2Source 14 |
Opening and eligibility
| Topic | Published terms and practical effect |
|---|---|
| Resident application | PAN, Aadhaar-linked mobile, bank details, identity verification, declarations and e-sign.Source 7 |
| Derivatives | Relevant income evidence is required, such as accepted bank statements, tax/Form16 or holdings/net-worth records.Source 8 |
| Activation | Normally one working day after complete approved documentation; login access is not final segment permission.Source 9 |
| HUF/entities | HUF, LLP, partnership and corporate paperwork differs. HUF onboarding includes Karta/coparcener records; the published Standard entity tariff has zero opening and AMC.Source 10Source 11 |
| NRI | NRE/NRO delivery base brokerage is lower of INR 50 or 0.5%; opening and AMC are zero in the referenced base tariff.Source 12 |
| NRI derivatives | F&O is through NRO Non-PIS, INR 50/order in the base tariff. Eligible FYERS demat holdings can be pledged after authorisation. Prime NRI conditions remain separate.Source 12Source 13Source 5 |
Products and platforms
Sections ↑Markets and platforms
| Topic | Published terms and practical effect |
|---|---|
| Market access | Approved Indian shares, ETFs, equity derivatives, commodities and the supported investment routes; permissions are account/segment-specific.Source 1Source 7 |
| Currency distinction | Exchange currency derivatives are not an unrestricted offshore OTC FX account.Source 21 |
| Interfaces | FYERS App, Web, Automate and APIs serve different workflows and quotas.Source 2Source 24 |
| Contract quantities | Check exchange lot, tick, expiry and freeze quantity for the symbol; no single forex-style contract size applies to the entire catalogue.Source 22Source 21 |
Fees and holding costs
Sections ↑Other charges
| Topic | Published terms and practical effect |
|---|---|
| Demat sale debit | INR 12.50 per scrip plus GST; buying has no stated DP debit charge.Source 6 |
| Margin pledge | Pledge INR 5, unpledge INR 0, invocation INR 5, repledge INR 1, plus GST where applicable.Source 6 |
| MTF pledge / release | INR 12 each for pledge and unpledge, plus GST.Source 6 |
| Assisted/RMS orders | INR 50 plus GST per applicable action, additional to ordinary trading charges.Source 6 |
| Paper contract note | INR 20 plus courier cost; electronic reporting is different.Source 6 |
| Total cost | Brokerage caps do not remove taxes, exchange fees or interest.Source 1Source 6 |
Annual MTF interest
| Standard funded balance | Standard rate | Prime rate |
|---|---|---|
| Up to INR 1,000 | Zero | 12.49%; do not assume better for a tiny balanceSource 4 |
| Above INR 1,000–100,000 | 16.49% | 12.49%Source 4 |
| Above INR 100,000–1 million | 15.49% | 12.49%Source 4 |
| Above INR 1 million–2.5 million | 14.49% | 12.49%Source 4 |
| Above INR 2.5 million | 12.49% | 12.49%Source 4 |
Membership administration
| Topic | Published terms and practical effect |
|---|---|
| Benefit timing | Features activate after successful payment; brokerage/MTF benefits begin with the next trading session.Source 3 |
| Renewal | The mandate auto-renews. Cancelling renewal leaves the current term active until expiry, then Standard applies; no universal refund right is inferred.Source 3Source 5 |
| Scope | A membership is not automatically transferable or a promise of resident pricing on an NRI account.Source 2Source 5 |
FYERS Prime: the order count that covers the subscription
| Assumption | Monthly Prime | Annual Prime |
|---|---|---|
| Subscription before GST | INR 499 | INR 4,990Source 1Source 2Source 3 |
| Saving per executed flat-priced options order | INR 20 − INR 15 = INR 5 | INR 5Source 1Source 2Source 3 |
| Order count covering the subscription | 100 orders: INR 500 saved | 998 orders: INR 4,990 savedSource 1Source 2Source 3 |
| Net saving at that count, before GST | INR 1 | INR 0; the 999th order produces a positive savingSource 1Source 2Source 3 |
Execution, orders and risk controls
Sections ↑Orders, account controls and outages
| Topic | Published terms and practical effect |
|---|---|
| API permissions | Approved AppID, static IP and daily two-factor login are part of the April 2026 framework.Source 22 |
| API speed / execution protection | Ten orders per second is the documented ceiling. Market orders become market-price-protection orders, not guaranteed unrestricted-price fills.Source 22 |
| Voluntary freeze | Requires positions closed first. Regulatory restrictions have separate release procedures.Source 17 |
| Pending orders | Freezing cancels regular pending orders and rejects smart/GTT triggers. It is not a shortcut to a filled position exit.Source 18 |
| Alternative dealing | Published dealing line +91 80 6000 1111,09:00–23:55 Indian time. Call & Trade fees apply; confirm authenticated acceptance.Source 34Source 6 |
| Incident context | The InstaOptions notice reviewed is resolved and module-specific. It is not presented as a current total-service outage.Source 38 |
Deposits, withdrawals and transfers
Sections ↑Withdrawal rules
| Route | Published terms | Qualifications |
|---|---|---|
| Standard instant | INR 100–200,000; once daily,09:00–16:00 | Settlement/trading-holiday and bank exclusions apply; eligible weekends are describedSource 14 |
| Prime instant | Up to INR 500,000 | Membership does not remove position/order/bank restrictionsSource 2Source 14 |
| Instant eligibility | No open positions, pending/executed orders or active smart orders under the published conditions | MTF/F&O positions also block instant payoutSource 14 |
| Excluded banks | UCO Bank and Paytm Payments Bank | Check current primary-bank eligibilitySource 14 |
| Regular payout | 08:00–17:00: same-working-day batch; later: next applicable batch | Open commodity positions and bank/settlement conditions can defer completionSource 15 |
Cash and requests
| Topic | Published terms and practical effect |
|---|---|
| New-account credits | Eligible new individual accounts are offered INR 1,000 credits for brokerage or Prime, expiring after 31 days. They are not described as withdrawable cash.Source 36 |
| Cleared funds | Same-day deposits or unconfirmed sale proceeds are not automatically withdrawable.Source 14Source 15 |
| Currencies | The domestic account is not described as a general multi-currency wallet or currency-borrowing facility; NRI bank routes have distinct rules.Source 12Source 21 |
| Confirmation | Processed payouts have email confirmation and a reference; some rejections do not send email, so inspect Funds/request status.Source 16 |
Client protection and complaints
Sections ↑Legal scope and complaints
| Topic | Published terms and practical effect |
|---|---|
| Company | FYERS Securities Private Limited publishes broker INZ000008524 and DP IN-DP-432-2019. Direct current firm-register confirmation was not retrieved.Source 37 |
| Asset roles | Trading cash, demat securities and pledged collateral are distinct. Registration is not investment-loss insurance.Source 21 |
| Private cover | No current individual private-insurance policy or universally applicable compensation limit was established.Source 21 |
| Internal complaint | Use the published escalation matrix; [email protected] is the formal address. Keep the ticket and supporting records.Source 37Source 34 |
| External process | Official links cover SCORES, exchange/depository channels and SMART ODR. Their purposes and eligibility differ.Source 34 |
Account support and records
Sections ↑Service, records and inactivity
| Topic | Published terms and practical effect |
|---|---|
| Customer service | Monday–Friday 08:30–23:55; Saturday 08:30–17:30 Indian time; +91 80 6000 1111. Availability—not performance—was established.Source 34 |
| Registered phone | Telephone support connects from the registered mobile. A lost number requires another approved recovery channel.Source 35 |
| Freeze assistance | +91 80 4734 9053 with09:00–18:00 team hours; self-service controls are separate.Source 34Source 17 |
| Records | Trade/order books, holdings, charges, contract notes, ledger and P&L.Source 30 |
| Downloads | P&L PDF/CSV on app/web; ledger guidance describes history from financial year2019.Source 32Source 31 |
| Tax P&L | Generate the financial-year report before download; reconcile with contract notes rather than treating it as individual tax advice.Source 33Source 30 |
| Dormancy conflict | Dedicated guidance and legal policy say 24 months without trading; a general FAQ still says 12. The legal-policy period is used here, retaining the discrepancy.Source 19Source 21Source 20 |
| After closure | A guaranteed post-closure login/download period was not established.Source 30 |
Tools, automation and additional services
Sections ↑Stopping an automation
| Action | Effect | Remaining risk |
|---|---|---|
| Stop only | Stops future strategy steps | Positions remainSource 25 |
| Stop and square off | Can close strategy-only or whole-account exposure, depending on scope | Whole-account action can affect manual positionsSource 25 |
| Manual square-off | Closes the selected position if filled | Automation may continue and create unintended new exposure laterSource 26 |
| Exit condition | Stops the run when configured condition is met | Position closure must be an explicit actionSource 27 |
API and AI entitlements
| Topic | Published terms and practical effect |
|---|---|
| Data limits | Dedicated table: Standard 5/second,50/minute,5,000/day; Prime 10/second,500/minute,500,000/day. These are data requests, not order permission.Source 23 |
| Transaction/user-information limits | Standard 10/second,200/minute,100,000/day; Prime 10/second,500/minute,500,000/day. Order-specific controls still apply.Source 23Source 22 |
| Conflicting summaries | A generic Prime summary gives different API figures. Use current endpoint-specific limits rather than extrapolating a headline to every request.Source 23Source 4 |
| Disconnection | Manage applications in My API. Revocation or loss of connection does not prove exchange orders or positions were closed.Source 24Source 25 |
| FIA scopes | Analysis, backtesting and FIA Automation have distinct quotas. Older research-only guidance and newer confirmed-action guidance are not the same module permission.Source 2Source 28Source 29 |
| No implied manager | User-configured automation is not evidence of a discretionary manager or native performance-fee copying/PAMM mandate.Source 25Source 21 |
Company background and evidence
Sections ↑Identity and continuity
| Topic | Published terms and practical effect |
|---|---|
| Office | 901/902,A Wing,9th Floor, Brigade Magnum, Amruthahalli, Kodigehalli Gate, Hebbal, Bengaluru560092.Source 34 |
| Identifiers | Company lists NSE90061, BSE6697, MCX56100, CDSL12089400 and NSDLIN304502. Match the exact company, not a clone domain.Source 37 |
| Migration context | The April 2026 change concerns API authentication/onboarding; it does not establish a change of broker counterparty.Source 22Source 37 |
| Method | Primary-source desk research, without a funded account, executed order, payment or private support test.Source 21 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
FYERS Securities Private Limited
IndiaSource 37
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Securities and Exchange Board of IndiaINZ000008524 | Not verified | Checked 13 Oct 2026Company-published broker reference; direct current regulator entry not retrieved. DP IN-DP-432-2019 is separately disclosed.Source 37 |
Sources & further reading
- Standard and Prime brokerage FYERS · Accessed 13 Oct 2026
- Prime plan and feature quotas FYERS · Accessed 13 Oct 2026
- Membership charge and activation FYERS · Accessed 13 Oct 2026
- Prime interest and scope FYERS · Accessed 13 Oct 2026
- Prime membership help FYERS · Accessed 13 Oct 2026
- Other account charges FYERS · Accessed 13 Oct 2026
- Digital application FYERS · Accessed 13 Oct 2026
- Opening-document requirements FYERS · Accessed 13 Oct 2026
- Activation timing FYERS · Accessed 13 Oct 2026
- HUF and entity-account prices FYERS · Accessed 13 Oct 2026
- HUF account opening FYERS · Accessed 13 Oct 2026
- NRI pricing FYERS · Accessed 13 Oct 2026
- NRI collateral FYERS · Accessed 13 Oct 2026
- Instant payout conditions FYERS · Accessed 13 Oct 2026
- Regular payouts FYERS · Accessed 13 Oct 2026
- Payment status messages FYERS · Accessed 13 Oct 2026
- Voluntary account freeze FYERS · Accessed 13 Oct 2026
- Order effects of freezing FYERS · Accessed 13 Oct 2026
- Dedicated dormancy guidance FYERS · Accessed 13 Oct 2026
- General expiry/deactivation FAQ FYERS · Accessed 13 Oct 2026
- Terms and conditions FYERS · Accessed 13 Oct 2026
- April 2026 API controls FYERS · Accessed 13 Oct 2026
- Category-specific API limits FYERS · Accessed 13 Oct 2026
- API administration FYERS · Accessed 13 Oct 2026
- Stopping automation and square-off scope FYERS · Accessed 13 Oct 2026
- Manual intervention in automated positions FYERS · Accessed 13 Oct 2026
- Automate exit conditions FYERS · Accessed 13 Oct 2026
- Research-assistant guidance FYERS · Accessed 13 Oct 2026
- FIA permission guidance FYERS · Accessed 13 Oct 2026
- Available reports FYERS · Accessed 13 Oct 2026
- Ledger history and downloads FYERS · Accessed 13 Oct 2026
- P&L formats FYERS · Accessed 13 Oct 2026
- Tax report generation FYERS · Accessed 13 Oct 2026
- Contacts and escalation FYERS · Accessed 13 Oct 2026
- Registered-phone rule FYERS · Accessed 13 Oct 2026
- Account-opening offer catalogue FYERS · Accessed 13 Oct 2026
- Company identity and clone warning FYERS · Accessed 13 Oct 2026
- Resolved InstaOptions interruption FYERS · Accessed 13 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.