No, we don’t charge any fees for accessing our platforms; all our platforms are free of cost to our clients. At the moment, we don’t have any plans for charged access; we will keep you posted in this regard.
FATCA stands for the Foreign Account Tax Compliance Act. It is a new piece of legislation to help counter tax evasion in the US. Introduced in 2010 by the United States Department of Treasury (Treasury) and the US Internal Revenue Service (IRS), the purpose of FATCA is to encourage better […]
Whenever you buy shares and decide to hold it for a week, a month, or years together then shares bought are deposited in Demat account in dematerialised form, as Demat account holds shares and securities in electronic custody. If you don’t have Demat account with broker, then the above is […]
Yes, you can trade in intraday equity segment after opening a trading account with FYERS. You can link your existing Demat account to trading account by attaching CMR (Client Master Report) copy. If you don’t have Demat account with any of the brokers then, you must open Demat account with […]
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 […]
Yes, foreign Corporates or OCB’s can open an account with FYERS, for more information Contact Us.
Yes, any LLP entity can open an account at FYERS. However, you will have to open an account offline. Few documents will be required for opening a LLP account Duly filled Trading/Trading & Demat/Commodity form with photograph of Karta affixed and signed across. Copy of the LLP Agreement duly attested […]
To open an account online with assistance, please enter contact information (Name, Email & Mobile Number) on our Open An Account page and submit your details to initiate the process. Our account opening executive will get in touch with you within “24 working hours” to help you open an account […]
IPV process makes it easier for clients/brokers to verify the person holding the Trading and DEMAT account. Earlier, IPV was done physically and got checked all your documents before opening an account. But now, the process is more straightforward as you can do a live authentication via video conferencing (Skype) […]
Once you download and print the account opening forms available in our Downloads & Resources. You will be directed with the “SIGN HERE” symbol wherever it is needed. For instance, wherever the signature of applicant’s is required is signalled through the following arrow symbol.
FYERS referral program allows its clients to refer friends and family and earn 20% of the revenues generated by your friends, for life. The entire process is easy and straightforward, Simply Share an affiliate link by entering your Client ID. Anyone who register their details using the link, upon opening […]
Currently, we do not provide NRI services due to excessive regulatory compliance and hindrances. Hence, NRIs cannot open an account at FYERS. We may begin to cater to NRIs in the future.
Yes, a HUF (Hindu Undivided Family) can open an account at FYERS. However, you will have to open the HUF account offline, and Karta should sign the account opening form and other documents. All the documents are necessary to be attested by the Karta. Few documents will be required for […]
No, a sole proprietorship cannot open an account as it is not considered a non-individual business entity. It is neither an individual nor a business entity. Since a sole proprietorship is represented 100% by a single individual, you will have to open an individual account in your name. However, you […]
No, you cannot add a joint account holder to an already existing account. If you want to open a joint account, you will have to do it separately. If you want to be the first holder of the new joint account, you will have to close the existing account and […]
You will have to download, print, sign, scan & send the Power of Attorney (POA) to email@example.com. Your Demat will opened shortly. If you are an existing client with a trading account with us, please follow the instructions in this article. The POA is already included in the Demat Account […]
No, you cannot open a joint account in FYERS at the moment.
No, it is not allowed to open an account on behalf of someone else. You are only eligible to open your own account with your own contact details. Any violation of KYC norms is not allowed at FYERS. This is to ensure the safety of the account holder’s funds and […]
A Basic Services Demat Account (BSDA) was started by SEBI to promote financial inclusion by encouraging small investors to familiarize themselves with Demat accounts without any Annual Maintenance Charges (AMC). Generally, BSDA can be opened only if you have a single Demat account and your holding value should be less […]
As per the current regulations, you cannot digitally sign a nomination. If you want to add a nominee to your account, you will have take the following steps: Go to the Account Modification section in our Downloads & Resources. Download and print the relevant nomination form. Enter your Name & […]