Even I was rejected from 3 months brokerage refund. When asked they said my API keys are active. Since opening a fyers account, I have not even punched a single order from a third party or any API apps . ALL orders were punched from FyersWeb only.
When Fyers was promoting GoCharting around 6 months ago, I did log on to GO charting and check out the interface( pls note I didn’t even place a single order there, both paper or real)
Is that the reason why my API Key is active?
Fyers needs to be more transparent on this. Also when I started participating in the challenge( since August 2021), at that time, terms and conditions didn’t even mention API conditions. It was later inserted in terms and conditions of the 30 day challenge
Is it Mandatory to trade everyday after starting the challenge to complete the challenge or it will count only the day when I trade? I’m asking this because I do not get time everyday to trade due to my job schedule. @communications_team
What they check is, if your trading API is activated or deactivated, and not if you have actually passed any orders through it during the challenge period.
If you have the trading API activated, you are not eligible for the brokerage refund.
Completed 30 days challenge on 05/04/2022 but no communication yet on certificate or refund yet, here is my challenge details, pls let me know when I will get brokerage refund as mentioned.
@tejas_khoday is a baller. When burden of payout became big, Fyers shut the whole thing down or is it really a regulatory roadblock, sir? I was hoping to continue using this but now there is no hope Left to give even to a selected list of customers?
Hey Siddhartha, The payouts have been high for quite sometime now. If we had a final say on the matter, the challenge would continue without any changes. However, we had to follow the strict interpretation of rules lately. I read your comment in the other thread stating that we maybe cooking up a story to save money. Well, I’m not sure if you know that we had plans to further enhance the 30 Day Challenge experience. We wouldn’t waste our valuable resources if we had this in our mind. Moreover, I have been criticized for being a bit crazy for shelling out such large brokerage discounts. We could’ve funded a few startups with that kinda money or at least spent a crores on advertising like everyone else.