No, it is not compulsory to deposit a minimum balance to open an account with us. However, to trade/invest you will need to deposit funds from your linked bank account/s. Hence, we recommend that you add funds at the time of opening the account itself. In the alternative, you could also add funds after you open an account with us. For more details about funds, visit our Fund Transfers page. If you want to know more about how much margins you require to trade, visit our Margin Calculators. That’ll help you ascertain how much funds you will need to trade accordingly.
Can I open Demat account online at FYERS?
As an existing client with a Trading Account, How to open a FYERS Demat Account?
What happens if I don’t give the Power of Attorney (POA) of my demat account?
Is it allowed to trade in equity delivery by linking other Demat accounts?
How do I add a nominee to my trading account while opening an account by E-sign, I don’t see it on my digitally signed form?
Is it mandatory to open a Demat account?