In the crowded Indian stockbroking landscape, where giants like Zerodha, Upstox, and Angel One dominate, Fyers stands out as a technology-first broker with a sharp focus on traders. But how does it really perform in 2025? Let’s break down everything you need to know about Fyers: its story, products, tools, charges, and whether it’s the right platform for you.

🌐 About Fyers

Fyers (short for "Focus Your Energy and Reform the Self") is a Bangalore-based discount brokerage firm founded in 2015. Built with a trader-first approach, Fyers prioritizes intuitive platforms, advanced charting, and transparent pricing.

Today, Fyers is a mid-sized but respected name in India's brokerage space, with over 2.5 lakh active clients (as per NSE 2025 data).

👨‍💼 Leadership Team

The company was co-founded by:

• Tejas Khoday – CEO

• Yatin Dodhia – COO

• Uday Reddy – Co-founder

Tejas Khoday has become a visible figure in India's fintech space, advocating for transparency, trader empowerment, and regulatory clarity.

⏳ Evolution Timeline

📊 Products and Segments

Fyers supports a range of trading and investing options:

• Equity Delivery & Intraday (NSE)

• F&O Trading (NSE)

• Currency Derivatives (NSE)

• Commodities (MCX)

• Direct Mutual Funds (commission-free)

• Thematic Investing

• API & Algo Trading (Python & third-party platforms supported)

✨ Unique Offering: Fyers’ Thematic Investing lets users invest in pre-defined portfolios based on ideas like “Make in India” or “Banking Boom”.

📈 Brokerage & Charges (2025)

Other Costs:

• Account Opening: Free

• Demat AMC: ₹300/year

• Call & Trade: ₹50 per order

• Payment Gateway Fund Transfer: ₹10 + GST

🔍 Unique Features and USPs

1. TradingView-Powered Fyers Web

One of the best integrations in India. Offers:

• 100+ technical indicators

• Multi-timeframe support

• Order placement directly from charts

2. Thematic Investing

Invest in curated portfolios, ideal for beginners or passive investors.

3. API Bridge for Algo Trading

Supports Python, third-party algo tools, and custom strategy development.

4. Zero Delivery Brokerage

Perfect for long-term investors looking to save costs.

5. Consistent Platform Experience

Fyers One (desktop), Fyers Web (browser), and Fyers Mobile all offer unified, chart-heavy experiences.

🔧 Platforms & Tools

⚡ Performance Snapshot

• Active Clients (NSE): ~2.5 lakh

• Play Store Rating: 4.2/5 (2025)

• Average Daily Volume: Competitive (mostly F&O traders)

❓ FAQs

Is Fyers safe?
Yes. It's registered with SEBI, member of NSE, BSE, and MCX, and has a clean track record.

How do I open an account?
100% digital via Aadhaar, PAN, and e-sign. Takes 15-30 minutes.

Does Fyers offer IPOs?
Not as of 2025, but it may be on the roadmap.

Is Fyers good for beginners?
Yes, particularly for those interested in thematic investing or low-cost delivery trades.

⭐ Final Verdict

Fyers earns a 4.3/5 overall. It’s ideal for:

• Active traders

• Technical analysts

• Algo enthusiasts

• Long-term investors seeking zero delivery costs

It may not suit investors who want:

• Full advisory support

• Bonds, IPOs, or wealth management products

✅ Verdict: Fyers is a high-performance discount broker built for the serious Indian trader.

🏛️ Fyers vs Top Competitors (2025)

Do you use Fyers or plan to switch? Drop your thoughts in the comments!

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