Can I open an NRI account at Fyers? If Yes, How?
Yes, you can open an NRI account with us. The procedure to do so is as follows:
Documents required for account opening a Non-PIS NRO Account:
Account opening form
PAN - one copy (Attested by a Competent Authority*)
Passport - one copy (Attested by Competent Authority*)
NRO Cancelled cheque -1 leaf (In case of non-availability, you can provide a bank statement of the NRO account)
Foreign address proof - 1 copy (Attested by a Competent Authority*)
Indian address proof - 1 copy (Attested by Competent Authority*)
FEMA declaration - 1 copy
FATCA - 1 copy
Client Details form - 1 copy (to confirm the details filled)
Nominee ID proof - 1 copy (In case you have added a nominee)
In the case of derivatives trading, CP code with Orbis Financials is mandatory.
Indian Embassy/Consulate General/Notary Public/Any Court/Magistrate/Judge/Local Banker in the country where the NRI resides. The attesting authority should affix a "verified with original" stamp, name, designation, signature, and date on the said documents.
To initiate the NRI account opening, kindly fill-in your details here.
Can an NRI open two trading accounts linking both the NRE & NRO Account?
Yes, an NRI can open both the NRE & NRO account in any bank authorized by RBI. However, the NRI can only link either an NRE account or NRO account to their FYERS trading account. Please note that If you want to trade in F&O, we recommend you to open ...
Can Foreign corporates open an account with FYERS?
Yes, foreign Corporates or OCB’s can open an account with FYERS, for more information Contact Us.
Can I open a joint account with FYERS?
Yes, you can open a joint account in FYERS and the procedure to do so is similar to that of the individual account. However, the procedure is offline. To get a call back please register here.
Can I apply for an IPO using Fyers NRI account?
Yes, you can apply for IPOs provided you link your NRO Non-PIS account to your Fyers Demat. If you link any other NRI account, you might not be able to apply for IPOs as it completely depends on the issuer company to let the NRIs invest in the IPO. ...
Can I open Demat account online at FYERS?
Yes! If you are new to FYERS and want to open a Trading+Demat account, you can open an account online here. The Demat account opening process for existing clients is also completely online. For more details, read this article. For new clients, ...