Can I open just a trading account at FYERS?
If you're looking to start trading with FYERS, it's important to know that we do not support standalone trading accounts. Opening a combined Trading and Demat account is mandatory to ensure you can fully participate in equity and ETF markets.
Why is a Trading cum Demat account required?
A trading account is used to place buy and sell orders on stock exchanges, while a Demat account is necessary to hold the securities you purchase. FYERS combines both accounts into a single, seamless setup to simplify your trading and investing experience.
Benefits of a combined account:
- No need for separate applications or maintenance
- Enables both trading and investing activities
- Automatically stores purchased securities in your Demat account
How to open a Trading cum Demat account with FYERS
- Visit the FYERS account opening portal: https://signup.fyers.in
- Provide your PAN and mobile number to begin the process.
- Complete the KYC by uploading documents such as Aadhaar, PAN, and a photo.
- Submit bank details and eSign the application using Aadhaar-based OTP.
- Await approval, usually within 24–48 business hours.
What If?
| Scenario | Resolution |
|---|
| You already have a Demat account elsewhere | You still need to open a Trading cum Demat account with FYERS. External Demat accounts are not integrated. |
| You want to trade only in derivatives | A Demat account is still mandatory for account setup, even if you don't plan to hold equities. |
| You're unsure about how to complete KYC | Use FYERS' in-platform guidance during signup, or reach out to support for assistance. |
Important: FYERS does not support linking third-party Demat accounts. The integrated account structure complies with SEBI and depository regulations.
Last updated: 01 Jul 2025
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