New Delhi, July 20 -- FYERS has launched Prime, a subscription plan that brings trading tools, automation, market intelligence, application programming interfaces (APIs) and funding features under a single paid offering for active traders.

Priced at Rs. 499 per month or Rs. 4,990 annually, the plan lowers the brokerage cap on intraday and delivery orders to Rs. 15 from Rs. 20 under the regular FYERS plan. It also offers a flat 12.49% interest rate on the margin trading facility (MTF), higher instant withdrawal limits and expanded access to several tools within the FYERS platform.

The company said Prime is aimed at traders who use multiple tools across market discovery, research, screening, automation and execution. Rather than positioni...