As per the SEBI rules, nomination in digital account opening form is not allowed; hence you won’t see a section for nominee addition. If you wish to add a nominee to your existing trading account, please refer to this – How do I add a nominee to my existing trading […]
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. A Demat account will enable you to trade in the following segments: Equity Delivery Equity […]
There is no such concept of expiry exist for Trading/ Demat account. You can hold your Trading and Demat account for a boundless period. In the case of Demat, you only need to pay AMC fees to keep your Demat account operational. However, in FYERS the AMC is Zero.
Once you filled and E-signed your online account opening form and wish to change any details possibly by contacting us. Our account opening representative will assist you in this regard by verifying your details, and you can change them accordingly.
Yes, you can open Demat account without providing POA where you’ll have to Buy & Sell the shares through E-DIS. But in the absence of a POA, you would not be able to pledge shares that you have in your holdings for margin benefit. You can go through this blog […]
No, we aren’t opening trading accounts for minors or below 18 age, because of the regulatory provisions don’t allow stockbrokers to open trading accounts for minors. As a guardian, you could open a Demat account in the name of a minor and guardian can transfer the securities from his account […]
No, you can’t have more than 1 account with the same broker or DP but, you can have with multiple accounts other brokers or DPs.
In case of a signature mismatch on the documents, applicants need to provide a declaration stating that both signatures are his only and he or she authorises the same. Please get in touch with the concerned account opening executives to help you out with this. If you want to avoid […]
If you are already KYC compliant, the applicant doesn’t need to submit KYC documents but, if there is any modification in applicant’s details recently, then we request you to provide KYC documents again to avoid any rejections. However, if there are any changes to your KYC documents, then you will […]
If you have opened a bank account recently, then you can submit the bank statement till date, or if you already have a Demat account, then you can provide the latest six-month holding statement, and after six months you would have to provide the bank statement again.
As per the regulations, account holders name on PAN should match with the bank account or the address proof he or she has submitted if not; he needs to provide a declaration from the bank stating that PAN cardholder and bank account holders are the same individuals.
If an account holder wishes to nominate a person or request to change the nominee, he or she would have to fill out a Nomination form and courier it along with the identification proof (optional) to the following address: FYERS Securities Pvt Ltd.No. 225, 14th Cross Rd,1st Block, RT Nagar, […]
If you have already opened an account with one exchange/segment and wish to add any other segment/exchange, then existing account holders can opt for a new segment by submitting the Segment Addition form. In the case of MCX addition, the account holder needs to submit Exchange Addition form. The application […]
If you want to change or update the existing registered Email/Mobile number, you will have to submit the filled & signed Account Modifications Form to us at email@example.com.
If you want to change the existing registered address with your account, you have to submit the physical Account Modifications Form along with the first page of the KYC Form. The forms are required to be duly filled and signed along with valid address proof and are to be sent […]
The scanned copy of a signature is required to verify the signature with the PAN card. In case of a mismatched signature, the application will be rejected and need to provide signature accordingly. This is done to comply with the KYC requirements which are mandatory. To further ensure your safety […]
We are a brokerage that caters to retail to active retail traders & investors. We are much more focused on the trading platform functionality, provide a stable and seamless platform with the highest uptime compared to other brokers. We can think of launching High Frequency Algo-trading in future, and we […]
As per the exchange norms, if a person is trading futures and options in any segment then, he or she has to produce income details. Futures and options are the leveraged derivative product and not an appropriate avenue for someone of limited resources/limited investment and low-risk tolerance hence; exchanges guide […]
Currently, we do not cater to NRIs due to a lot of stringent regulatory requirements to open an NRO account in India. Furthermore, the trade settlement process makes things very cumbersome. We may offer NRI services in the future and we will keep you posted if we begin to cater […]
TradeingView is considered the best charting platform available in India, all the features offered by them to third parties will be available on the FYERS Web platform. Based on our clients’ suggestions and feedback, we have embedded features which are only available on the TradingView platform. If you want any […]