General
How can I select only equity or commodities for my FYERS account?
Choosing specific segments for your FYERS account, such as only equity or commodities, is straightforward. Here's how you can do it: Segment Selection During Account Opening: When opening your account with FYERS, you have the liberty to choose from ...
How do I receive my FYERS login credentials after account opening?
After you've successfully opened an account with FYERS, here's how you can access your login credentials: We'll send the client ID of your trading account to your registered email address within five to six working days. Once your account is active, ...
How long does account activation take at FYERS?
It takes about 5-6 working hours for your account to be activated once you've completed all account opening steps correctly. Verification: Our team thoroughly verifies your documents and assigns a Unique Client Code (UCC) or Client ID. Discrepancy ...
Can I arrange a pickup of my account opening documents?
At FYERS, the account opening process is designed to be completely online and seamless, eliminating the need for physical documents. Therefore, we do not offer a document pickup service for account opening. Here's how you can proceed: Online Account ...
What is In-Person Verification (IPV) and why is it needed?
In Person Verification (IPV) is a mandate issued by SEBI as mentioned in this circular. It is done to ensure that stock brokers can verify the true identity of the applicant along with verifying the authenticity of the documents submitted. It helps ...
What is the difference between opening an account online and offline?
Opening an account online saves time, energy and paper. It also helps you get started on demand rather than having to wait a week or so which involves printing, photocopies, physical signatures, logistics and physical verification process. When you ...
What is the timeframe for online account Opening with FYERS?
The online account opening process at FYERS is expedient, taking approximately 10 minutes to fill out forms and e-sign with OTPs. Post-Submission Process: Following form submission, it takes us up to 5-6 working hours to verify your details and send ...
What are the documents that are acceptable for Proof of Address to open an account?
When opening an account with FYERS, you can use any one of the following documents as your Proof of Address: Aadhar Card Voter ID Driving License Passport MNREGA JOB Card This list ensures you have multiple options to verify your address, making the ...
What are the documents that are acceptable for Proof of Identity (POI) to open an account?
Any one of the following documents are acceptable for Proof of Identity (POI) to open an account with us: Aadhaar Card Passport Voter ID Driving License PAN Card with photograph An ID card with photo, issued by: Central / State Government and its ...
Can I open a trading account without opening a demat account?
No, it is mandatory for all FYERS clients to have a FYERS Demat account. If you wish to trade or invest in equities, ETFs, or Mutual Funds, you will be required to have a Demat account with FYERS to hold these securities. A Trading-Demat account with ...
Why is providing a mobile number mandatory to open an account?
A mobile number is an essential requirement when opening an account with FYERS for various reasons: KYC Compliance: It is mandatory for Know Your Customer (KYC) compliance, ensuring that the account holder's identity is verified. Exchange ...
Is there a minimum balance requirement to open an account with FYERS?
No, it is not mandatory to deposit a minimum balance to open an account with FYERS. However, to start trading or investing, you will need to deposit funds from your linked bank account(s). Therefore, it's advisable to add funds at the time of opening ...
Can i link my salary account to my FYERS account?
Yes, you can link your salary account to your FYERS account. A salary account is similar to a regular savings bank (SB) account, with most of the same features. The primary difference is that salary accounts are typically opened to receive salary ...
Can I link an existing demat account to my FYERS trading account?
At FYERS, we require our clients to have a FYERS Demat account to ensure a seamless trading experience across various segments. It's essential to have a linked FYERS Demat account to trade or invest in: Equity Delivery Equity Intraday Equity ...
What are the implications of not granting power of attorney for my demat account at FYERS?
At FYERS, we understand that some clients may have reservations about granting Power of Attorney (POA) for their Demat accounts. Without a POA, traditionally, clients were required to submit Delivery Instruction Slips (DIS) physically to carry out ...
Why is a Power Of Attorney (POA) important for your demat account?
Understanding the necessity of a Power of Attorney (POA) for your Demat account is crucial. A POA enables the efficient management of your account, particularly for debiting securities when you wish to sell or pledge them. Key Points on POA: A POA ...
Is the account opening process at FYERS entirely online?
Yes, the account opening procedure at FYERS is 100% online, offering a seamless and paperless experience. Here’s what you should know: Digital Form Signing: Our online account opening system allows you to digitally sign application forms using ...
How can i get assistance when opening an account online at FYERS?
Opening an account with FYERS is a straightforward online process, and assistance is readily available. Here's how you can request help: Provide Contact Information: Visit our 'Sign Up' page, enter your email and mobile number, and click on 'Create ...
Popular Articles
How long does it take to process a withdrawal request?
Upon placing a withdrawal request with FYERS, here's what you need to know: Same-day Processing: If you make a request between 5:00 AM and 5:00 PM, we process it on the same day. However, if you have open commodity positions/orders in the MCX ...
What are the latest features in FYERS Web?
The latest TradingView library has been integrated on the FYERS Web and the following are the feature updates. New Features: 1. Icons have been provided for Exit positions, Fund Transfer, Basket Order, My Account, User Settings, Refresh Trading ...
Why am I getting an error stating 'This scrip is marked under ASM/GSM by the exchange'?
The error 'This scrip is marked under ASM/GSM by the exchange' pops up when you attempt to place orders in securities listed under Additional Surveillance Measures (ASM) or Graded Surveillance Measures (GSM) by the exchange. Why are ASM/GSM ...
What is GTT? Can I place a GTT order in FYERS?
Good Till Trigger (GTT) is an order type where you can set a Target or Stop-Loss, remaining valid for up to one year from its placement. In essence, you determine a price to Buy or Sell a particular scrip, and this order remains active until that ...
What is a Smart Limit Order?
A Smart Limit Order is an advanced type of limit order that allows users to set custom expiry times and actions, ensuring the expected execution of the order. It includes features like Market Protection Price (MPP) to safeguard against undesirable ...