About Broker
Established in 2015 by the Khoday brothers, FYERS is one of the newer players in the discount broking industry. As of February 2024, FYERS has an active client base of 219,169.
Product Basket
The segments in which you can invest (includes Equity, Commodity, Currency, Futures, and Options) through this broker.
Brokerage Plan
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Charges
Account Opening
Account Maintenance
Call Trade
Brokerage
Equity Delivery
Equity Intraday
Equity Futures
Equity Options
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Margins
Equity Delivery
Equity Intraday
Equity Futures
Equity Options
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Platforms Offered
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Other Details
Pros
Advantages and Strengths of this broker.
- ⮚Fyers provides a unified margin account, allowing users to access funds from a single pool for multiple asset classes.
- ⮚Traders on Fyers can execute orders, monitor profit and loss, check support and resistance levels, and view corporate actions directly through the charts.
- ⮚The platform features the most extensive collection of historical stock data, covering up to 25 years.
- ⮚Fyers offers a variety of time frames for analyzing stock price trends, including 1 day, 5 days, 1 month, 3 months, 6 months, 1 year, and Year to Date.
Cons
Disadvantages of this broker that it needs to improve upon.
- ⮚Fyers does not include candlestick indicators for trading purposes.
- ⮚The platform does not provide screeners for investors or traders.
- ⮚In options trading, Greeks are not shown directly on the chart.
- ⮚Unlike some competitors that offer WhatsApp support for guaranteed callbacks, Fyers does not have this feature.
Additional Features
Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.
Additional Features
Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.