Can I open Non- POA Demat account?
Yes, you can open Demat account without providing POA where you’ll have to Buy & Sell the shares through E-DIS. You can go through this blog Demat Account Without POA for more information on E-DIS and how it is different from the Demat with POA.
We have introduced the E-DIS facility for your hassle-free and smooth trading experience.
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, ...
What is the procedure to open a Demat account?
If you already have a trading account with us, kindly follow the instructions given in this article. If you are new to FYERS, you can open an account here. Please note that the Demat Account does not require POA authorization and you can Buy/Sell ...
Is it mandatory to open a Demat account?
FYERS Demat account is mandatory for all the new clients. Therefore, if you wish to trade or invest in equities or ETFs you will be required a Demat account with FYERS to hold these securities. A Demat account will enable you to trade in the ...
Why is a Power of Attorney (POA) needed for a Demat account?
A Power of Attorney (POA) enables quick, smooth, and efficient functioning of the Demat account. Previously, POA was used to debit securities from your Demat account upon your request to either sell or pledge the securities which you own. In the ...
How to submit the Power Of Attorney (POA) of my Demat account to FYERS?
You will have to Download, print, fill, sign & send the Power of Attorney to our office address. Once the forms are received, your POA will be activated in 7 working days. Our office address is as below: Fyers Securities Private Limited. No. 225, 1st ...