We are happy to inform you that we have changed our business structure from a partnership (Fyers Securities) to a private limited company (Fyers Securities Private Limited). We’ve done this to meet the growing requirements at FYERS. When we first started the business, we began as a partnership firm but with the growing number of customers, licenses and product offerings, we have had to convert our business structure to a private limited company for compliance & ease of operations. We are happy to inform you that FYERS has all the important licenses namely, NSE, BSE, MCX & CDSL DP in the same business entity (Fyers Securities Private Limited). It makes things easier for our clients and us.
Things to note:
1. Fund Transfers
– You can transfer funds through the payment gateway on our trading platforms, as usual.If you are transferring funds to your FYERS account through NEFT/RTGS/UPI, you’ll have to transfer to our new bank accounts which are updated in our fund transfer page
2. Open Positions – Open positions will not be affected. You can continue to hold or trade your positions, as usual.
Stay tuned for more updates from us.