Margin Trading Facility (MTF) at FYERS: Trade on Your Terms

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Hi Srikanth, Totally get where you’re coming from. Yes, we do charge a small clearing fee, but that’s normal among many clearing members, but the good part is that we’ve kept other costs super low. For instance, DP charges just once a day, zero pledge/unpledge, no account opening or AMC, and low MTF fees.

Also,In the background, we’ve rebuilt FYERS Web from the ground up. You will now have way more than just charts now. Check it out at fyers.in/web and let us know what you think. We’re publishing more details about this soon. I"m sure you’re gonna love it. :innocent:

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The interest charges have been slashed. Check the updated section in the blog post. Thx.

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  • None of the top.5 brokers charges clearing charges on f&o and all the charges which you are referring to are same with them as well. Your clearing charges are increasing cost to us. You were charging clearing charges even when you were using third party services and now also you are charging. Seriously you should think them to stay ahead in top.10 brokers. Moreover, your low Mtf rates won’t benefit many bcs of higher slabs.
  • Your app.fyers.in redirects me to chart.fyers.in for every order, so it is purely a charting platform and increases my work. App.fyers.in is merely a data tool. Why can’t you implement something like dhan web and Zerodha kite.
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What is the maximum limit for the borrowed amount please tell us

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50 lacs!

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Hlo