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?
Yes, Non-Resident Indians (NRIs) can actively participate in Equity Futures & Options (F&O) trading in India—provided they hold an NRO Non-Portfolio Investment Scheme (Non-PIS) Account. FYERS is among the select few brokerages that enable NRIs to ...
Can an NRI pledge shares to trade in F&O with FYERS?
Yes, NRIs trading in the Futures & Options (F&O) segment at FYERS through a custodial setup with Orbis Financial can pledge shares to receive trading margins. Although the pledging isn’t processed directly through FYERS platforms, it is fully ...
Can NRIs trade in both equity delivery and F&O with a same account?
Yes, Non-Resident Indians (NRIs) can trade in both Equity Delivery and Futures & Options (F&O) using a single NRO Non-PIS (Non-Portfolio Investment Scheme) account at FYERS. This setup eliminates the need to maintain multiple accounts for different ...
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 ...