No! There is no upper cap on the brokerage refund for 30 Day Challenge. The entire brokerage has been levied during the challenge period, will be refunded to the winners. For more information about the 30 Day Challenge, you can read this post. If you need any other clarification regarding the challenge, you can reach out to us in the comments section.
How can I apply for IPO using FYERS Demat account?
Does FYERS provide collateral margin against holdings/securities?
Why does my 30 Day Challenge dashboard show “Yet to be computed”?
Why doesn’t FYERS give trading tips?
Why doesn’t FYERS give personalized advice?
Why FYERS don’t assign relationship managers (RM)?