Stock broking firm Fyers launches stock market analysis tool integrated with OpenAI’s ChatGPT

artificial intelligence

Bengaluru-based brokerage platform Fyers has launched FIA GPT, an AI-powered analysis tool built for traders and investors, integrated with OpenAI’s ChatGPT. The company says the service will be available for free.

“Since OpenAI is the most widely used platform, we decided to bring stock market and portfolio context there. In ChatGPT, search for “FIIA” (Fyers Intelligent Assistant), click on the custom bot, log in with your Fyers credentials, and you can start asking questions, whether it’s market analysis, stock insights, chart patterns, or your own portfolio performance,” said Yashas Khoday, Co-founder & CTO in an interaction with Moneycontrol on Aug 14.

FIA GPT is trained on Indian financial markets and can answer queries in plain English on areas such as portfolio performance, sector exposure, stock highs and lows, options chain analysis, and order book monitoring. It can also provide explanations of financial concepts like Relative Strength Index (RSI) and Return on Equity (ROE).

“Setting up MCP for financial markets can be cumbersome for non-tech users. We’ve simplified it, no developer setup needed. With ChatGPT, users just log in and start interacting with the AI interface,” Khoday clarified.

The assistant is aimed at both beginners and intermediate market participants, with the goal of delivering context-aware, real-time insights. Users can also set alerts, summarise market developments, and analyse charts through the tool.

The launch builds on Fyers’ earlier product, the Fyers Intelligent Assistant (FIA), which uses market data to create custom screeners through natural language commands.

The firm does not have plans to monetise its AI features yet.

“No monetisation plans right now. The priority is to provide a useful solution for our users. In the future, this may change, but for now, it’s about enabling functionality.”

In terms of security of user data, Khoday said that users will be able to log in via the Fyers login page and credentials, and data is only shared with the AI after explicit consent.

Founded in 2015 by Tejas Khoday and his brothers Shreyas Khoday and Yashas Khoday, Fyers is a bootstrapped online discount broking firm with around 500,000 active users. In FY23, Fyers reported a revenue of Rs 200 crore. The firm has crossed around Rs 300 crores of revenue in FY25.

“Our priority this year is to maintain last year’s numbers despite reduced turnover across the industry. Beyond that, diversification via PMS and asset management is a key focus,” Khoday said.