Fyers-Some important Details about This Broker
Abstract：Founded in 2013, Fyers is an unregulated company that offers trading platforms and tools to help investors trade equities, futures, options, debts, funds, etc. Its trading platforms include FYERS Web & App, FYERS Trader, FYERS One, TradingView as well as some trading tools. However, its official website does not provide much information on trading details.
| Fyers Review Summary | |
| Founded | 2013 |
| Registered Country/Region | India |
| Regulation | No regulation |
| Market Instruments | Equities, Futures, Options, Debts, Funds |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | FYERS Web and App, FYERS Trader, FYERS One, TradingView |
| Minimum Deposit | / |
| Customer Support | Tel: +91 080 – 6625 1111 |
| Email: support-complaints@fyers.in | |
| Social Media: X, Facebook, YouTube, LinkedIn, Telegram, Instagram | |
| Address: 901 and 902, 9th Floor, A Wing, Brigade Magnum,Amruthahalli, Kodigehalli Gate, Hebbal, Bangalore | |
Founded in 2013, Fyers is an unregulated company that offers trading platforms and tools to help investors trade equities, futures, options, debts, funds, etc. Its trading platforms include FYERS Web & App, FYERS Trader, FYERS One, TradingView as well as some trading tools. However, its official website does not provide much information on trading details.
Pros and Cons
| Pros | Cons |
| Various trading products | No regulation |
| Multiple channels of contact | Lack of transparency |
Is Fyers Legit?
No, Fyers is not regulated. Please be aware of the risk!
What Can I Trade on Fyers?
| Tradable Instruments | Supported |
| Equities | ✔ |
| Futures | ✔ |
| Options | ✔ |
| Debts | ✔ |
| Funds | ✔ |
| Commodities | ❌ |
| Cryptocurrencies | ❌ |
| ETFs | ❌ |
Account Type
Fyers provides three types of accounts: NRI Account, Corporate Account, and Minor Account. However, the official website does not reveal details about them.
Fyers Fees
| Cost | |
| Mutual Funds & IPO | 0 rupee |
| Equity, Futures, & Options | 20 rupees |
| NRI customers | 50 rupees |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| FYERS-Web&App | ✔ | Web, Mobile | / |
| FYERS Trader | ✔ | Web, PC | / |
| FYERS One | ✔ | Web, PC | / |
| TradingView | ✔ | PC, Web, Mobile | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Read more
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