Fyers Brokerage Calculator
Calculate Fyers's brokerage, STT, GST, exchange charges, and DP charges for your trade — instantly, with no signup.
No state selector: since a 2020 amendment to the Indian Stamp Act, stamp duty on securities transactions is a single nationwide rate — it no longer varies by the trader’s state. Only how the revenue is distributed between states differs, not the rate you pay.
Total charges
₹289.58
Net P&L
₹4,710.42
Breakeven price
₹1,002.90
- Brokerage
- ₹40.00
- STT
- ₹205.00
- Exchange charges
- ₹6.29
- SEBI fees
- ₹0.21
- Stamp duty
- ₹15.00
- GST
- ₹8.33
- DP charges
- ₹14.75
- Gross P&L
- ₹5,000.00
- Standard (non-subscription) plan shown. Fyers Prime (₹499/month or ₹4,990/year) discounts every flat fee from ₹20 to ₹15 — not modeled here.
- Re-verified directly against fyers.in/pricing and fyers.in/charges-list on 2026-07-25 — all figures unchanged from the original 2026-07-22 research.
All calculations run entirely in your browser — nothing you enter here is sent to a server or stored anywhere.
About Fyers
- Founded
- 2015
- Broker type
- discount
- Parent company
- Fyers Securities Private Limited
Fyers was founded in 2015 by brothers Tejas Khoday (CEO), Yashas Khoday (Chief Product Officer), and Shreyas Khoday, headquartered in Bengaluru. The company describes itself on its own site as "bootstrapped, founder-led, 10+ years" in operation — built without outside venture funding, similar in spirit to Zerodha's origin story, though on a smaller scale. It's a SEBI-registered discount broker operating as Fyers Securities Private Limited.
Fyers positions itself specifically as a technology-first platform for traders who want more control than a typical discount-broker app offers: fast order execution, advanced charting, and developer-friendly APIs for algorithmic and programmatic trading. That API-first angle is Fyers' clearest point of differentiation from more mainstream, investor-oriented apps like Groww — it's built with active and algo traders in mind first, casual investors second.
Fyers has crossed 1 million customers as of 2025, per its own reporting — a real and growing user base, but meaningfully smaller than India's largest brokers by active NSE clients (Groww's roughly 1.3 crore, or Zerodha's roughly 69 lakh). Its reputation is built more on platform depth and API access for active traders than on sheer scale.
Fyers's charge structure
This calculator models Fyers' confirmed standard-plan rate card, re-verified directly against fyers.in/pricing and fyers.in/charges-list: 0.3% of trade value or ₹20 per order (whichever is lower) on equity delivery, 0.03% or ₹20 (whichever is lower) on both intraday and futures, and a flat ₹20 per order on options. DP charge is ₹12.5 + 18% GST (₹14.75) per scrip, confirmed directly from Fyers' own charges page. Account opening and AMC are both ₹0. Fyers also offers an optional Fyers Prime subscription (₹499/month or ₹4,990/year) that discounts every flat fee above from ₹20 to ₹15 per order — not modeled in this calculator, which shows the standard (non-subscription) plan.
| Trade type | Brokerage |
|---|---|
| Equity delivery | 0.3% or ₹20.00 per order, whichever is lower |
| Equity intraday | 0.03% or ₹20.00 per order, whichever is lower |
| F&O futures | 0.03% or ₹20.00 per order, whichever is lower |
| F&O options | Flat ₹20.00 per order |
| DP charge (delivery sell only) | ₹14.75 per scrip |
Fyers: pros & cons
Pros
- Strong focus on active and algorithmic traders: fast execution, advanced charting, and developer-friendly APIs for programmatic/algo trading — a deeper feature set in this specific area than most discount brokers on this list.
- ₹0 account opening and ₹0 AMC, confirmed directly from Fyers' own charges page.
- Optional Fyers Prime subscription (₹499/month or ₹4,990/year) further discounts every flat brokerage fee from ₹20 to ₹15 per order — a real savings lever for genuinely high-frequency traders willing to pay the subscription.
- Bootstrapped and founder-led for over a decade, without external venture funding — a similar ownership structure to Zerodha, another profitable, independently-run discount broker on this list.
Cons
- Unlike Zerodha or Dhan, Fyers still charges on equity delivery (0.3% of trade value or ₹20 per order, whichever is lower) rather than ₹0 — delivery-focused investors have cheaper options elsewhere on this list.
- The lower ₹15 flat fee only applies under the paid Fyers Prime subscription — traders who don't subscribe pay the full ₹20 per order standard rate on intraday, futures, and options.
- A meaningfully smaller active-client base (crossed 1 million as of 2025) than the largest brokers compared here (Groww, Zerodha, Angel One) — less of a network/liquidity-of-community effect, though this doesn't affect execution quality directly.
- The platform's charting and API-first tooling is aimed more at active/algo traders than first-time investors, who may find a simpler, more guided app elsewhere a gentler starting point.
How to open a Fyers account
- 1Keep your PAN card, a proof of identity/address (Aadhaar, voter ID, driving licence, or passport), and a cancelled cheque or bank statement ready.
- 2Complete Fyers' online account-opening form and verify your identity via Aadhaar-based e-KYC.
- 3Upload a photograph and complete eSign (Aadhaar OTP) to digitally sign the account-opening agreement — the process is fully online.
- 4If you plan to trade F&O, you'll additionally need income/net-worth proof (a recent ITR acknowledgment, Form 16, 6-month bank statement, or a CA-certified net-worth certificate).
- 5Once verified, your trading and demat account is activated at no account-opening charge, confirmed ₹0 directly from Fyers' own charges page.
Ready to open an account with Fyers?
Open a Fyers accountFrequently asked questions
What is Fyers' brokerage on delivery trades?
Fyers charges 0.3% of trade value or ₹20 per order, whichever is lower, on equity delivery — confirmed directly from fyers.in/pricing. This is higher than brokers on this list that charge ₹0 on delivery, like Zerodha or Dhan.
Does Fyers have a subscription plan that lowers brokerage?
Yes — Fyers Prime, an optional subscription at ₹499/month or ₹4,990/year, reduces every flat ₹20-per-order fee (intraday, futures, options) to ₹15 per order. It's only worth it for traders placing enough orders that the fee savings exceed the subscription cost; the calculator on this page models Fyers' standard, non-subscription plan.
Is Fyers good for algorithmic or API-based trading?
Yes — Fyers positions itself specifically around developer-friendly APIs for algorithmic and programmatic trading, alongside advanced charting tools, more so than most discount brokers on this list. It's built with active and algo traders as a primary audience, not just casual investors.
What are Fyers' DP charges?
₹12.5 + 18% GST (₹14.75) per scrip, confirmed directly from Fyers' own charges-list page — charged when you sell a delivery holding out of your demat account.
Who founded Fyers, and when?
Fyers was founded in 2015 by brothers Tejas Khoday (CEO), Yashas Khoday (CPO), and Shreyas Khoday, and is headquartered in Bengaluru. It describes itself as bootstrapped and founder-led for over a decade, without having taken outside venture capital funding.
Related reading: Trading Charges Explained: STT, GST, Stamp Duty & Every Fee on Your Trade
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