Introducing FYERS Prime

Since 2016, we have focused on building products that make trading better, from being the first to integrate TradingView charts a decade ago to launching FYERS Automate, our no-code algo trading Platform this year. During this journey, we’ve pioneered many other first-to-market features like free trading APIs, Verified P&L, AI Assistant - FIA, a full-stack options trading suite and much more.

But as traders become more active, better tools are only one part of the equation. The cost of trading matters too. With STT increasing and borrowing costs remaining high, even small costs can add up across hundreds of orders and funded positions. So, we’ve been debating this a lot internally and asked ourselves a simple question:

Can we make active trading more cost-effective without compromising on the technology and infrastructure traders rely on?

The challenge was that offering innovative, reliable and future-ready platforms requires a continuously escalating commitment to Capex and Opex. So, lowering costs as we’ve seen, usually comes at the consequence of diluting the quality of the product which I’m personally against. I’ve always believed in setting new benchmarks for traders & investors. However, I also believe in offering the best value for money for our clients. We think that the only sustainable way of achieving both, is by offering a bundled, all-in-one membership which helps active traders get the best bang for the buck. This led us to FYERS Prime.

A subscription built around active traders

Well, every trader’s journey is different. Some rarely trade and often hold positions for the long-term. Others are in the markets every week, scanning opportunities, building strategies, carrying MTF positions, and executing many trades. As your trading evolves, so do your expectations from the platform you use.

It’s not just about simple UI for beginners or easy order placement. You’d probably want more control, in terms of trading sophistication, risk management, automation, AI led-features that make you more efficient, etc. FYERS Prime is designed around that idea.

What is PRIME?

It’s a premium subscription that brings together lower brokerage, reduced MTF interest, and unlocking unlimited access to powerful tools including Automate, FIA, our AI assistant and much more.

What comes with FYERS Prime?

For everything you need to know about FYERS Prime, from activation and billing to renewals and subscriptions, explore our Prime articles.

The value isn’t in one feature

The value of FYERS Prime isn’t in any one feature. It’s in how a series of small savings add up over time.Take brokerage, for example. Saving₹5 per executed order can add up to several thousand rupees per month and a sizeable chunk of capital per year, if you’re a heavy trader.

Use the Prime Calculator to estimate your potential savings based on your trading activity.

Now consider MTF. Let’s say you borrow ₹10 lakhs through MTF and carry the position for an year. For non plan, this borrowing amount attracts an interest rate of 16.49% per annum. With FYERS Prime, the interest rate is a flat12.49% per annum.

Particulars Standard Plan FYERS Prime
Borrowed Amount ₹1,00,000 ₹1,00,000
Interest Rate 16.49% p.a. 12.49% p.a.
Interest ₹16,490 ₹12,490
Savings - ₹4,000

For traders who regularly use MTF, these differences can become meaningful over time. When you combine lower brokerage with lower borrowing costs, the savings can easily run into several thousand rupees over the course of a month for active traders.

A subscription that goes beyond savings.

Today’s traders rely on much more than order placement. They screen hundreds of stocks, validate ideas with FIA, automate repetitive tasks, and build custom workflows using APIs. With FYERS Prime, these capabilities become part of your subscription. You get unlimited FIA prompts, unlimited automations, unlimited saved screeners, higher API limits, and increased withdrawal limit, all without worrying about usage limits getting in the way.

Individually, each of these features adds convenience. Together, they create a trading experience that’s more flexible and better suited to active traders. And you get all of this for ₹499 per month or ₹4,990 per year, plus applicable GST. If you’re an active trader, the subscription can pay for itself through the savings alone, while giving you access to a broader set of tools designed to support the way you trade every day.

Looking ahead

When we started FYERS, our goal was simple. Build products that traders genuinely find useful to trade and invest better. That philosophy hasn’t changed. Prime is a natural extension of that thinking. It’s about making active trading more affordable while continuing to invest in the technology and tools that serious traders rely on every day. We’ll continue building products that help you trade better, and Prime will remain an important part of how we deliver more value over time.

If you trade regularly, check out FYERS Prime and let us know what you think. Thank you for your patronage! We’ll do more for the trading community with your continued support.

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DO WE GET UNLIMITED BACKTEST ?

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The idea of FYERS Prime is good, but I feel the pricing is a bit high for retail traders.

The plan costs around ₹590 (including GST). Brokerage comes down from ₹20 to ₹15 per order, so the actual saving is only ₹10 on one complete trade (buy + sell).

That means a trader has to complete around 59 trades just to recover the subscription cost. Many retail traders don’t trade that much every month, so it becomes difficult to justify the price.

If the subscription was around ₹299, I think many more retail traders would consider buying it. Lower pricing could lead to wider adoption and make the plan much more attractive for the retail community.

Just my suggestion. Hope the FYERS team considers it.

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Will post about it soon! Hint: It could depend on the cost of compute. However, PRIME customers will surely get more than non-prime.

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Pls enable back testing in my account. My email id is [email protected]

All service is good :clap::+1::+1::+1:

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Heyy @113186784791901686336, thanks for sharing your feedback! :blush: This is the launch pricing for FYERS Prime. But keep an eye on our social media channels, you might come across something exciting that could make Prime even more rewarding. Your pricing feedback has also been duly noted.

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Hi @109161483103024059195, thanks for sharing your details. You’ll be added to the Backtest Beta soon.

Hi @109165711480969797414, thank you so much for your kind words! Your support means a lot to us. Happy trading!

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opted for it 2 days ago and since then itself its showing

“Prime is in high demand. We’ll notify you when a Prime subscription is available for you.”

Hey @113186784791901686336, Prime isn’t for everyone. We created this for those who trade a lot. Do consider subscribing to it only if you’re an avid trader. Until then, standard rates apply and your experience will continue to improve on our platform. Happy trading!

Thx :slightly_smiling_face:

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Shubha dip you are absolutely right and I am agree with you because I also a retail trader and trade one or two trade in a day. 299 is a very good and justify.

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Hi @103530910429907663958, could you please share your Client ID via DM? I’ll get this checked and update you at the earliest.

Can we add stop loss and take profit at same time .while trade is on the run

Fyers is one of the good trading web portal. Now a days there are many brokers in the market who are providing very competitive brokerage plans. For an option trader (Scalper) brokerage matters a lot. Fyers should also do the market survey that which broker firms are providing zero brokerage for option trades and should work on it.

Hi team when will this get live because am in the queue

I am already fed up of Upstox prime & Fyers also brought primer :sad_but_relieved_face::thinking::innocent::thinking::upside_down_face::folded_hands:Hoping good from you sir

Hi Fyers and Team,

I see a lot of features coming in FYERS for the past 1 year. Especially i like Targets and Stoploss settings where we can exclude particular instruments. which many brokers doesn’t provide. Long way to go Team.

It would be good to have Fyers Prime available for Monthly, Quaterly, Hal yearly and Yearly frequencies with considering retails traders with better prices and ask users to chose. Just a suggestion.

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Hi @103544405644019228482, yes, you can. Stop Loss andTake Profit can be added even after the trade is placed, either** directly from the chart** or from thePositions tab. Once set, the position will be exited automatically when either condition is met.