Fyers
Discount BrokerFyers Demat Account Details
Fyers Demat account review. Fyers open Demat account or closure. Find account opening charges, closing forms, customer care and brokerage charges.
Incorporated in 2015, Bengaluru-based Fyers Securities is an online brokerage company. The company is a member of NSE, BSE, SEBI, and MCX . It offers trading services across various asset classes including stocks, derivatives , and currencies. Fyers is popular among traders for its flat fee brokerage plan. It also offers a free trading account to its customers.
Company Information
Key Highlights
- Fast 100% paperless online account opening process.
- Corporate benefits like dividends, bonus, interest, etc directly deposited in your demat.
- Manage your demat account online.
- Get periodic statements of holdings.
- Access to transaction history for taxation.
- Facility to freeze and unfreeze account on customer's instruction
- Rs 0 account opening, AMC and demat charges.
- Zero brokerage on Direct Mutual Funds.
Compliance & Foundation
SEBI Registration Number
N/A
Exchange Member Code
89400
Founded
2015
Head Office
N/A
Charges & Brokerage Plans
| Charge Type | Amount / Details |
|---|---|
| Demat Account Opening Fee | Rs 0 (Free) |
| Demat Account Annual Charges (AMC) | Rs 0 (Free AMC for Lifetime) |
| Demat Account Opening Charges | Rs 0 (Free) |
| Transaction Charges (Buy) | Rs 7 + Rs 5.50 flat for every debit transaction |
| Annual Maintenance Charges (AMC) | Rs 0 (Free for Lifetime) |
| Demat + Courier charges | Rs 0 |
| Remat | Rs 0 |
| Pledge Creation | Rs 0 |
| Pledge Creation Confirmation | Rs 0 |
| Pledge Invocation | Rs 0 |
| Failed Transactions | Rs 0 |
| Other Charges | Adhoc / Non Periodic Statement Requests: Rs 0 + courier charges at actuals, Conversion of MF Units / Destatementisation: Rs 100 per certificate, Modification in Client Master List (CML): Rs 50, Modification in KRA: Rs 50, Stamp Charges: Rs 50 |
Online Account Opening
Step-by-Step Process
Fast 100% paperless online account opening process.
Manage your demat account online.
Rs 0 account opening, AMC and demat charges.
Click on 'Open An Account' tab
Verify OTP and follow the process
Fyers Account Opening Process Review
Required Documents
- PAN Card
- Aadhaar Card
- Cancelled Cheque or Bank Statement
- Signature and Photograph
Growth vs Risk Summary
Top Advantages
- Fast 100% paperless online account opening process.
- Corporate benefits like dividends, bonus, interest, etc directly deposited in your demat.
- Manage your demat account online.
- Get periodic statements of holdings.
- Access to transaction history for taxation.
- Facility to freeze and unfreeze account on customer's instruction
Key Limitations
- Cons are not explicitly listed on the source page.
Margin Exposure
| Segment | Margin Limit (Up to) |
|---|---|
| Margin / Leverage | Not specified on source page |
Customer Complaints (Year-wise)
| Financial Year | Total Complaints | Resolved | Resolution Rate |
|---|---|---|---|
| 2026 | N/A | N/A | 0% |
Fyers Demat Offer
Fyers Demat Charges Snapshot
- Demat Account Opening Fee: Rs 0 (Free)
- Demat Account Annual Charges (AMC): Rs 0 (Free AMC for Lifetime)
- Check latest terms on broker website before applying.
* T&C Apply