FYERS does not allow standalone trading or Demat accounts. To open an account and begin trading or investing on the FYERS platform, you must set up a combined trading and Demat account. This integrated structure is essential for regulatory compliance and smooth market participation.
A combined account is required for all FYERS clients
To trade in equities, ETFs, or derivatives on FYERS, your account must include both trading and Demat components. The trading account is used to place orders on stock exchanges, while the Demat account securely holds any securities you purchase.
This structure is mandatory across all product types, including equity delivery and derivatives. FYERS does not support the use of external or third-party Demat accounts.
Why a Demat account is necessary—even for derivatives-only traders
Even if you intend to trade exclusively in futures and options, a linked Demat account is still required for onboarding. This is because the account setup process is fully integrated and regulated through the depository (NSDL), ensuring seamless operations and compliance with SEBI guidelines.
Benefits of the integrated trading cum Demat account
- One-time onboarding with no need for separate applications
- Enables participation in both trading and long-term investing
- Automatically stores your equity holdings in your Demat account
- Complies with depository and regulatory standards
- Reduces risk of operational delays or settlement mismatches
Steps to open your FYERS account
- Visit the FYERS signup page
- Enter your mobile number and email address to begin the process
Complete your KYC by uploading:
- PAN
- Bank statement
- Signature
- A live photo
- e-Sign your application using Aadhaar OTP
- Wait for account activation. This typically takes 1 working day.
FYERS does not support linking third-party Demat accounts. The integrated account model is required to meet SEBI and NSDL regulations.
What if…
| Scenario | What you should know |
|---|
| You already have a Demat account with another broker | You still need to open a new trading cum Demat account with FYERS. External Demat accounts cannot be linked. |
| You only want to trade in F&O | A Demat account is still required to complete account setup, even if you don’t plan to hold stocks. |
| You’re unsure how to complete KYC | You can contact us for help. |
Last updated: 14 Aug 2025
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