3.9/ 5Trader-first broker with best-in-class charting and free APIs. Founded 2015, Bengaluru · ~5 lakh active clients.
Quick answer
Fyers charges ₹0 (free) on equity delivery, ₹20 or 0.03% (lower) on intraday and ₹20 / order (flat) on F&O options. Account opening is ₹0 (free) and demat AMC is ₹0 (free). Rated 3.9/5, it's best for chart-heavy and api/algo traders who value tooling.
Charges are compiled from each broker's official published rate card and the prevailing NSE / SEBI statutory rates. Figures are indicative and reviewed periodically — always confirm current charges on the broker's own website before opening an account.
Account opening
₹0 (free)
Maintenance (AMC)
₹0 (free)
Equity delivery
₹0 (free)
Equity intraday
₹20 or 0.03% (lower)
Futures
₹20 or 0.03% (lower)
Options
₹20 / order (flat)
DP charges
₹13.5 + GST per scrip (sell)
Margin (intraday)
Up to 5× intraday (MIS)
Charges are indicative, compiled from Fyers's published rate card (reviewed June 2026), and exclude statutory taxes (STT, exchange, SEBI, stamp duty, GST). Verify current rates on Fyers's website.

Estimate based on NSE statutory rates (STT, exchange, SEBI, stamp duty & 18% GST) plus each broker's published brokerage. DP charges apply on delivery sells. Actual contract-note charges may vary slightly.
Pros
Cons
Best for: Chart-heavy and API/algo traders who value tooling. Fyers supports Equity, F&O, Currency, Commodity, Mutual Funds, IPO on Fyers Web, Fyers App, Fyers API.
Fyers (2015) is a trader-first broker that has built its reputation on tooling rather than marketing. It offers best-in-class charting, free and well-documented APIs, free equity delivery and zero AMC — a combination that appeals strongly to chart-heavy and algo traders. The honest limitations are a smaller client base and less brand recognition than the giants, and support that can lag during peak hours. If your priority is a serious charting and automation environment without paying for delivery, Fyers deserves a close look.
See Fyers head-to-head — charges, brokerage and a live calculator for each pairing.
FAQs
For information only — not investment advice or a recommendation. OptionX is broker-neutral. Charges are indicative; confirm current rates with Fyers before opening an account.
Broker-neutral · Free terminal
Keep your existing broker — OptionX plugs into Zerodha, Upstox, Dhan, Angel One and 20+ others, adding a live options chain with OI heatmaps, single-click execution and ₹5 Cr of paper-trading funds. All free.