FYERS Securities Review 2026
Built for Those Who Are Born to Trade.
About FYERS Securities
FYERS Securities Private Limited is a technology-focused discount broker established in 2015 with the objective of providing advanced trading tools at an affordable cost. The broker is registered with SEBI and is a member of NSE, BSE, and MCX, enabling clients to trade across equities, derivatives, commodities, currencies, and other investment products. FYERS has gained significant popularity among active traders due to its fast trading infrastructure and modern trading platforms.
FYERS offers a comprehensive range of investment products, including equities, futures & options, commodities, currencies, IPOs, mutual funds, ETFs, and Margin Trading Facility (MTF). The platform is widely recognized for its TradingView-powered charts, advanced order types, option chain, market scanners, portfolio analytics, and free trading APIs. It also supports algorithmic trading through APIs, making it a preferred broker among professional and quantitative traders.
Over the years, FYERS has built a strong reputation by focusing on innovation, transparent pricing, and customer-centric technology. With zero brokerage on equity delivery, flat brokerage on other trading segments, paperless account opening, and feature-rich web and mobile applications, FYERS is well suited for beginners, active traders, and long-term investors looking for a modern trading ecosystem.
| Broker type | Discount Broker |
|---|---|
| SEBI Registration | INZ000166137 |
| NSE Member code | 12768 |
| Net worth | ₹1,348+ Cr |
| Year of incorporation | 2015 |
| Exchange membership | NSE · BSE · MCX |
| Account opening charge | ₹0 |
| Demat AMC | ₹0 |
FYERS Securities brokerage charges
| Segment | Brokerage |
|---|---|
| Equity Delivery | ₹0 (Free) |
| Equity Intraday | ₹20 or 0.03% per executed order (whichever is lower) |
| Equity Futures | ₹20 or 0.03% per executed order (whichever is lower) |
| Equity Options | ₹20 per executed order |
| Currency F&O | ₹20 or 0.03% per executed order (whichever is lower) |
| Commodity F&O | ₹20 or 0.03% per executed order (whichever is lower) |
FYERS Securities trading platforms
FYERS Web Web
Browser-based trading platform with TradingView-powered charts, advanced order types, option chain, watchlists, screeners, and real-time market data for stocks, F&O, commodities, and currencies.
FYERS Mobile App Mobile
Android and iOS application offering trading, investing, portfolio tracking, advanced charting, market watch, price alerts, and seamless order execution.
FYERS One Desktop
Windows-based desktop trading platform with advanced charting, multiple market watch windows, technical indicators, option chain, and fast order execution for active traders.
FYERS Securities pros & cons
Pros
- Zero brokerage on Equity Delivery.
- TradingView-powered advanced charting.
- Free API access for algorithmic trading.
- Supports stocks, F&O, commodities, currencies, IPOs, mutual funds, and ETFs.
- Fully digital and paperless account opening.
- Powerful web and mobile trading platforms with advanced order types.
Cons
- No physical branch network comparable to full-service brokers.
- Research and advisory services are limited.
- Call & Trade service is chargeable.
- Margin availability depends on SEBI peak margin regulations.
- Beginners may find the advanced trading interface slightly complex.
FYERS Securities margin & leverage
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value | 1x |
| Equity Intraday | VAR + ELM Margin | Up to 5x* |
| Equity Futures | SPAN + Exposure Margin | As per available margin |
| Equity Options (Buy) | Premium Value | Not Applicable |
| Equity Options (Sell) | SPAN + Exposure Margin | As per available margin |
| Currency Futures & Options | SPAN + Exposure Margin | As per available margin |
| Commodity Futures & Options | SPAN + Exposure Margin | As per available margin |
FYERS Securities ratings & reviews
How to open a FYERS Securities account
Visit the official FYERS website or download the FYERS mobile app.
Register using your mobile number and verify it through the OTP. Enter your PAN, Aadhaar, email ID, and other required personal details.
Complete the online KYC process by uploading the necessary documents, linking your bank account, and completing Aadhaar-based eSign verification.
Once your application is successfully verified, your Trading and Demat account will be activated. You can then log in to the FYERS platform and start investing or trading in stocks, F&O, commodities, currencies, IPOs, mutual funds, ETFs, and other investment products.
FYERS Securities complaints (exchange data)
Complaints filed against FYERS Securities at the exchanges, and the ratio per active client — a proxy for service quality.
| Exchange | FY | Clients | Complaints | Ratio |
|---|---|---|---|---|
| NSE | 2025–26 | 10,87,436 | 0.002% | |
| NSE | 2024–25 | 9,74,215 | 0.002% | |
| NSE | 2023–24 | 8,69,308 | 0.004% |
Compare FYERS Securities with other brokers
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