No, you need to open Trading cum Demat account, FYERS Demat account is mandatory for all the new clients. Therefore, if you wish to trade or invest in equities or ETFs you will be required a Demat account with FYERS to hold these securities.
While opening an account you just have to tick across the segment you wish to opt for. Register your client details here. Our account executive will call you to open a Demat account at the earliest.