Minors are not allowed to operate trading accounts independently. However, guardians can open a Demat account in the name of a minor and manage it on their behalf. This setup is governed by SEBI regulations and is limited to certain investment activities.
Only a Demat account can be opened for a minor at FYERS. This account is held in the minor’s name but operated entirely by the guardian until the minor turns 18 and the account is converted.
For complete account setup instructions, refer to our minor Demat account opening procedure.
As per SEBI regulations, minors are not allowed to trade or invest in the following segments:
These segments require an active trading account and are blocked by default for all minor accounts.
Scenario | Outcome |
---|---|
You try to enable F&O or intraday for a minor account | Request will be rejected; segment activation not permitted |
You attempt to place trades from the guardian’s account on behalf of the minor | Not allowed; personal trades must reflect the guardian’s own holdings |
The minor turns 18 | The account can be converted to a regular trading and Demat account upon KYC update |
Last updated: 05 Aug 2025