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FYERS: accounts, fees, platforms and client protection

FYERS combines Indian exchange trading, a demat account and optional Prime membership. This profile compares resident and NRI tariffs, interest and payout conditions, account security, API entitlements and the consequences of stopping or manually intervening in an automation.

By FXBrokers.ai ResearchOperating status: ActiveSources checked Published Updated
  • Standard and Prime currently charge resident delivery brokerage; older zero-delivery comparisons are not used.
  • Prime is a paid renewing membership, not a different legal custodian or automatic NRI permission.
  • Instant withdrawals depend on orders, positions, settlement and the bank, not just available cash.
  • Stop-only, square-off, manual intervention and account freeze have materially different effects.

Accounts and opening requirements

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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]

Reference table01

Resident plans

Resident plans
AttributeStandardPrime
Opening / annual maintenanceINR 0 / INR 0Base account unchanged; membership additionalSource 1
MembershipNo Prime subscriptionINR 499 monthly or INR 4,990 yearly plus 18% GSTSource 3
Equity intraday / futuresLower of INR 20 or 0.03%Lower of INR 15 or 0.03%Source 1
Delivery / ETF / MTFLower of INR 20 or 0.3%Lower of INR 15 or 0.3%Source 1
OptionsINR 20INR 15Source 1
Instant payout ceilingINR 200,000INR 500,000; other conditions remainSource 2Source 14
Reference table02

Opening and eligibility

Opening and eligibility
TopicPublished terms and practical effect
Resident applicationPAN, Aadhaar-linked mobile, bank details, identity verification, declarations and e-sign.Source 7
DerivativesRelevant income evidence is required, such as accepted bank statements, tax/Form16 or holdings/net-worth records.Source 8
ActivationNormally one working day after complete approved documentation; login access is not final segment permission.Source 9
HUF/entitiesHUF, 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
NRINRE/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 derivativesF&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

View full spreads & trading costs

Products and platforms

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Reference table03

Markets and platforms

Markets and platforms
TopicPublished terms and practical effect
Market accessApproved Indian shares, ETFs, equity derivatives, commodities and the supported investment routes; permissions are account/segment-specific.Source 1Source 7
Currency distinctionExchange currency derivatives are not an unrestricted offshore OTC FX account.Source 21
InterfacesFYERS App, Web, Automate and APIs serve different workflows and quotas.Source 2Source 24
Contract quantitiesCheck 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

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Reference table04

Other charges

Other charges
TopicPublished terms and practical effect
Demat sale debitINR 12.50 per scrip plus GST; buying has no stated DP debit charge.Source 6
Margin pledgePledge INR 5, unpledge INR 0, invocation INR 5, repledge INR 1, plus GST where applicable.Source 6
MTF pledge / releaseINR 12 each for pledge and unpledge, plus GST.Source 6
Assisted/RMS ordersINR 50 plus GST per applicable action, additional to ordinary trading charges.Source 6
Paper contract noteINR 20 plus courier cost; electronic reporting is different.Source 6
Total costBrokerage caps do not remove taxes, exchange fees or interest.Source 1Source 6
Reference table05

Annual MTF interest

Annual MTF interest
Standard funded balanceStandard ratePrime rate
Up to INR 1,000Zero12.49%; do not assume better for a tiny balanceSource 4
Above INR 1,000–100,00016.49%12.49%Source 4
Above INR 100,000–1 million15.49%12.49%Source 4
Above INR 1 million–2.5 million14.49%12.49%Source 4
Above INR 2.5 million12.49%12.49%Source 4
Reference table06

Membership administration

Membership administration
TopicPublished terms and practical effect
Benefit timingFeatures activate after successful payment; brokerage/MTF benefits begin with the next trading session.Source 3
RenewalThe mandate auto-renews. Cancelling renewal leaves the current term active until expiry, then Standard applies; no universal refund right is inferred.Source 3Source 5
ScopeA membership is not automatically transferable or a promise of resident pricing on an NRI account.Source 2Source 5
Pricing & charges07

FYERS Prime: the order count that covers the subscription

FYERS Prime: the order count that covers the subscription
AssumptionMonthly PrimeAnnual Prime
Subscription before GSTINR 499INR 4,990Source 1Source 2Source 3
Saving per executed flat-priced options orderINR 20 − INR 15 = INR 5INR 5Source 1Source 2Source 3
Order count covering the subscription100 orders: INR 500 saved998 orders: INR 4,990 savedSource 1Source 2Source 3
Net saving at that count, before GSTINR 1INR 0; the 999th order produces a positive savingSource 1Source 2Source 3

Execution, orders and risk controls

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Reference table08

Orders, account controls and outages

Orders, account controls and outages
TopicPublished terms and practical effect
API permissionsApproved AppID, static IP and daily two-factor login are part of the April 2026 framework.Source 22
API speed / execution protectionTen orders per second is the documented ceiling. Market orders become market-price-protection orders, not guaranteed unrestricted-price fills.Source 22
Voluntary freezeRequires positions closed first. Regulatory restrictions have separate release procedures.Source 17
Pending ordersFreezing cancels regular pending orders and rejects smart/GTT triggers. It is not a shortcut to a filled position exit.Source 18
Alternative dealingPublished dealing line +91 80 6000 1111,09:00–23:55 Indian time. Call & Trade fees apply; confirm authenticated acceptance.Source 34Source 6
Incident contextThe InstaOptions notice reviewed is resolved and module-specific. It is not presented as a current total-service outage.Source 38

Deposits, withdrawals and transfers

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Reference table09

Withdrawal rules

Withdrawal rules
RoutePublished termsQualifications
Standard instantINR 100–200,000; once daily,09:00–16:00Settlement/trading-holiday and bank exclusions apply; eligible weekends are describedSource 14
Prime instantUp to INR 500,000Membership does not remove position/order/bank restrictionsSource 2Source 14
Instant eligibilityNo open positions, pending/executed orders or active smart orders under the published conditionsMTF/F&O positions also block instant payoutSource 14
Excluded banksUCO Bank and Paytm Payments BankCheck current primary-bank eligibilitySource 14
Regular payout08:00–17:00: same-working-day batch; later: next applicable batchOpen commodity positions and bank/settlement conditions can defer completionSource 15
Reference table10

Cash and requests

Cash and requests
TopicPublished terms and practical effect
New-account creditsEligible 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 fundsSame-day deposits or unconfirmed sale proceeds are not automatically withdrawable.Source 14Source 15
CurrenciesThe domestic account is not described as a general multi-currency wallet or currency-borrowing facility; NRI bank routes have distinct rules.Source 12Source 21
ConfirmationProcessed payouts have email confirmation and a reference; some rejections do not send email, so inspect Funds/request status.Source 16

Client protection and complaints

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Reference table11

Legal scope and complaints

Legal scope and complaints
TopicPublished terms and practical effect
CompanyFYERS Securities Private Limited publishes broker INZ000008524 and DP IN-DP-432-2019. Direct current firm-register confirmation was not retrieved.Source 37
Asset rolesTrading cash, demat securities and pledged collateral are distinct. Registration is not investment-loss insurance.Source 21
Private coverNo current individual private-insurance policy or universally applicable compensation limit was established.Source 21
Internal complaintUse the published escalation matrix; [email protected] is the formal address. Keep the ticket and supporting records.Source 37Source 34
External processOfficial links cover SCORES, exchange/depository channels and SMART ODR. Their purposes and eligibility differ.Source 34

Account support and records

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Reference table12

Service, records and inactivity

Service, records and inactivity
TopicPublished terms and practical effect
Customer serviceMonday–Friday 08:30–23:55; Saturday 08:30–17:30 Indian time; +91 80 6000 1111. Availability—not performance—was established.Source 34
Registered phoneTelephone 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
RecordsTrade/order books, holdings, charges, contract notes, ledger and P&L.Source 30
DownloadsP&L PDF/CSV on app/web; ledger guidance describes history from financial year2019.Source 32Source 31
Tax P&LGenerate the financial-year report before download; reconcile with contract notes rather than treating it as individual tax advice.Source 33Source 30
Dormancy conflictDedicated 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 closureA guaranteed post-closure login/download period was not established.Source 30

Tools, automation and additional services

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Reference table13

Stopping an automation

Stopping an automation
ActionEffectRemaining risk
Stop onlyStops future strategy stepsPositions remainSource 25
Stop and square offCan close strategy-only or whole-account exposure, depending on scopeWhole-account action can affect manual positionsSource 25
Manual square-offCloses the selected position if filledAutomation may continue and create unintended new exposure laterSource 26
Exit conditionStops the run when configured condition is metPosition closure must be an explicit actionSource 27
Reference table14

API and AI entitlements

API and AI entitlements
TopicPublished terms and practical effect
Data limitsDedicated 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 limitsStandard 10/second,200/minute,100,000/day; Prime 10/second,500/minute,500,000/day. Order-specific controls still apply.Source 23Source 22
Conflicting summariesA generic Prime summary gives different API figures. Use current endpoint-specific limits rather than extrapolating a headline to every request.Source 23Source 4
DisconnectionManage applications in My API. Revocation or loss of connection does not prove exchange orders or positions were closed.Source 24Source 25
FIA scopesAnalysis, 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 managerUser-configured automation is not evidence of a discretionary manager or native performance-fee copying/PAMM mandate.Source 25Source 21

Company background and evidence

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Reference table15

Identity and continuity

Identity and continuity
TopicPublished terms and practical effect
Office901/902,A Wing,9th Floor, Brigade Magnum, Amruthahalli, Kodigehalli Gate, Hebbal, Bengaluru560092.Source 34
IdentifiersCompany lists NSE90061, BSE6697, MCX56100, CDSL12089400 and NSDLIN304502. Match the exact company, not a clone domain.Source 37
Migration contextThe April 2026 change concerns API authentication/onboarding; it does not establish a change of broker counterparty.Source 22Source 37
MethodPrimary-source desk research, without a funded account, executed order, payment or private support test.Source 21
The companies behind the brand

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

Licences and regulatory records for FYERS Securities Private Limited
Issuer & identifierRecorded statusDate & scope
Securities and Exchange Board of IndiaINZ000008524Not verifiedChecked 13 Oct 2026Company-published broker reference; direct current regulator entry not retrieved. DP IN-DP-432-2019 is separately disclosed.Source 37
Follow the evidence

Sources & further reading

  1. Standard and Prime brokerage FYERS · Accessed 13 Oct 2026
  2. Prime plan and feature quotas FYERS · Accessed 13 Oct 2026
  3. Membership charge and activation FYERS · Accessed 13 Oct 2026
  4. Prime interest and scope FYERS · Accessed 13 Oct 2026
  5. Prime membership help FYERS · Accessed 13 Oct 2026
  6. Other account charges FYERS · Accessed 13 Oct 2026
  7. Digital application FYERS · Accessed 13 Oct 2026
  8. Opening-document requirements FYERS · Accessed 13 Oct 2026
  9. Activation timing FYERS · Accessed 13 Oct 2026
  10. HUF and entity-account prices FYERS · Accessed 13 Oct 2026
  11. HUF account opening FYERS · Accessed 13 Oct 2026
  12. NRI pricing FYERS · Accessed 13 Oct 2026
  13. NRI collateral FYERS · Accessed 13 Oct 2026
  14. Instant payout conditions FYERS · Accessed 13 Oct 2026
  15. Regular payouts FYERS · Accessed 13 Oct 2026
  16. Payment status messages FYERS · Accessed 13 Oct 2026
  17. Voluntary account freeze FYERS · Accessed 13 Oct 2026
  18. Order effects of freezing FYERS · Accessed 13 Oct 2026
  19. Dedicated dormancy guidance FYERS · Accessed 13 Oct 2026
  20. General expiry/deactivation FAQ FYERS · Accessed 13 Oct 2026
  21. Terms and conditions FYERS · Accessed 13 Oct 2026
  22. April 2026 API controls FYERS · Accessed 13 Oct 2026
  23. Category-specific API limits FYERS · Accessed 13 Oct 2026
  24. API administration FYERS · Accessed 13 Oct 2026
  25. Automate exit conditions FYERS · Accessed 13 Oct 2026
  26. Research-assistant guidance FYERS · Accessed 13 Oct 2026
  27. FIA permission guidance FYERS · Accessed 13 Oct 2026
  28. Available reports FYERS · Accessed 13 Oct 2026
  29. Ledger history and downloads FYERS · Accessed 13 Oct 2026
  30. P&L formats FYERS · Accessed 13 Oct 2026
  31. Tax report generation FYERS · Accessed 13 Oct 2026
  32. Contacts and escalation FYERS · Accessed 13 Oct 2026
  33. Registered-phone rule FYERS · Accessed 13 Oct 2026
  34. Account-opening offer catalogue FYERS · Accessed 13 Oct 2026
  35. Company identity and clone warning FYERS · Accessed 13 Oct 2026
  36. 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.

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