Score

1.45 /10
Danger

Fyers

Suspicious Regulatory License

Global Business

High potential risk

AA

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.50

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Fyers Securities Pvt Ltd

Company Abbreviation

Fyers

Platform registered country and region

India

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
Fyers · Company summary

Fyers 1949847052

General Information & Regulation

Fyers, a trading name of Fyers Securities Pvt Ltd, is allegedly a broker based in India that provides its clients with various tradable products on the web-based and mobile trading platforms, as well as zero brokerage equity delivery and max ₹20 across all other segments.

Products

Fyers advertises that it offers a wide range of trading products in financial markets, including equities, futures, options, currencies and commodities.

Trading Platform Available

When it comes to trading platforms available, Fyers seems to give traders Fyers app and Fyers Web. Anyway, we suggest you use MetaTrader4 or MetaTrader5 as the trading platform. As most traders know, the MT4 and MT5 are known as the most successful, efficient, and competent forex trading software. The MT4 offers an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. While the MT5 allows traders to execute trades on different financial markets through a single account and there is a hedging option.

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Trading Tools

Also, Fyers provides its clients with some trading tools like brokerage and margin calculators, whose interface seems to be quite simple and easy to use, just as the following screenshots show.

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Customer Support

Fyers customer support can be reached by telephone: +080-66251111, email: support-complaints@fyers.in. Besides, you can also follow this broker on some social media platforms like Twitter, Facebook, YouTube, LinkedIn and Twitter. Company address: No. 225, 14th Cross Rd, 1st Block, RT Nagar, Bangalore, Karnataka – 560032.

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