I like the idea of FYERS Prime, but I feel the current pricing is a bit expensive for retail traders.
The plan costs around ₹590 (including GST). Since brokerage is reduced from ₹20 to ₹15 per order, the saving is only ₹10 per completed trade (buy + sell).
This means a trader needs to complete about 59 round-trip trades just to recover the subscription cost. Many retail traders don’t trade that frequently, so it may not offer enough value for them.
A price of ₹299 (including GST) would make the plan much more attractive and affordable. I believe more retail traders would subscribe, leading to higher adoption while still benefiting FYERS.
This is just a suggestion from a retail trader. I hope the FYERS team considers it.
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.