Can NRIs open an account with FYERS?
Yes, Non-Resident Indians (NRIs) can open an account with FYERS through a simplified onboarding process that complies with FEMA and SEBI regulations. FYERS supports NRO Non-PIS accounts, allowing NRIs to trade in the Indian equity market using their NRO bank account.
Documents you need to open an NRI account
To open an NRO Non-PIS account with FYERS, submit the following documents — each duly attested by an authorised entity:
| Document required | Purpose |
|---|
| Account opening form | Filled and signed form with accurate personal details |
| PAN card | One attested copy |
| Passport | One attested copy for identity verification |
| NRO cancelled cheque or bank statement | Required for verifying the linked NRO account |
| Foreign address proof | One attested copy |
| Indian address proof | One attested copy |
| FEMA declaration | One attested copy |
| FATCA declaration | One attested copy for tax compliance |
| Client details form | One attested copy to confirm the filled details |
| Nominee ID proof (if applicable) | One attested copy for the nominated individual |
| CP code (for Derivatives) | Required for trading in F&O segment via Orbis Financials |
Who can attest your documents?
Your documents must be attested and stamped with 'verified with original' by one of the following:
- Indian Embassy or Consulate General
- Notary Public
- Judge, Magistrate, or any Indian Court
- Local Banker in your country of residence
Each attestation must include:
- Name of the authority
- Official designation
- Signature and date
What if...
| Scenario | What you should know |
|---|
| You don’t have a cancelled NRO cheque | A bank statement with IFSC and MICR codes is acceptable |
| You want to trade in derivatives | A CP code with Orbis Financials is mandatory for F&O access |
| You’re unsure how to attest documents | Reach out to your local Indian embassy or a notary for assistance |
FYERS offers digital registration to help you get started. You can begin the account opening process by submitting your details at the NRI onboarding page. Last updated: 24 Jun 2025
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