Can a guardian oversee multiple minors' Demat accounts with FYERS?

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• Can I open two different Trading/Demat accounts at Fyers?

  No, you can’t have more than 1 account with the same broker or DP but, you can have multiple accounts with other brokers or DPs.

• Can I open an offline Individual Demat account with FYERS?

  Unfortunately, we no longer accept applications for new offline Individual Demat Accounts at FYERS. As per recent regulatory changes, it's now mandatory to link your Aadhaar with your PAN for all Demat Accounts. To ensure compliance and simplify this ...

• Can I open my minor child's account if I don't have a Demat account in FYERS?

  To initiate the process of opening a Demat account for your minor child with FYERS, you, as the guardian, must have an active Demat account with us. If you haven't set up a Demat account with FYERS yet, click here. For a detailed understanding of how ...

• Who can be appointed as a guardian for a minor's Demat account?

  The guardian for a minor's Demat account should ideally be the father. However, in his absence, the mother can act as the guardian. In the absence of both parents, a guardian can be appointed by the court.

• Can minors trade in futures and options with FYERS?

  No, they can't. As per SEBI guidelines, minors are prohibited from trading in the following segments: Equity Intraday Currency Derivatives Equity Derivative Commodity Derivatives. When you initiate the process of opening an account for your child ...