Can minors trade in futures and options with FYERS?
No, they can't. As per SEBI guidelines, minors are prohibited from trading in the following segments:
- Equity Intraday
- Currency Derivatives
- Equity Derivative
- Commodity Derivatives.
​When you initiate the process of opening an account for your child with FYERS, only the Equity & Mutual Fund segments will be activated by default.
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Can a guardian oversee multiple minors' Demat accounts with FYERS?
Currently, only one minor account can be associated with one guardian account at FYERS. However, you're allowed to be the guardian for the Demat accounts of two or more minors, as long as they are your children.
Can NRIs trade in the F&O segment?
Absolutely, NRIs have the privilege to trade in the Equity F&O (Futures & Options) segment when they open an NRO Non-Portfolio Investment Scheme (Non-PIS) Account. FYERS takes pride in being among the select brokerages that enable NRIs to actively ...
Is a demat account mandatory for trading with FYERS?
Opening a Demat account with FYERS is an essential step for new clients who intend to trade or invest in equities or ETFs. A Demat account is your gateway to holding and trading a variety of securities in a seamless and electronic format. Segments ...
Can NRIs trade in both equity delivery and F&O with a same account?
Yes, NRIs are permitted to trade in both Equity Delivery and Futures & Options (F&O) through a single account. This is achievable by opening an NRO Non-PIS account. For a step-by-step guide on establishing an NRO Non-PIS account, we encourage you to ...
What should I do if I don't trade in my NRE or NRO account after opening it with FYERS?
If you haven't taken a trade within 90 days of account opening, we recommend doing so to keep the account active. Otherwise, the account may be marked as 'Inactive'. If your account status changes to 'Inactive', you'll need to reinitiate the KYC ...