Open an NRI Account with FYERS | Simple & Minimal Paperwork

Can NRIs open an account with FYERS?

Yes, Non-Resident Indians (NRIs) can easily set up an NRI account with FYERS, thanks to our streamlined process that minimizes paperwork.
To open an NRO Non-PIS Account, you will need to provide the following documents, each duly attested by a competent authority:
  1. Account Opening Form: Complete the form with accurate details.
  1. PAN Card: Provide one attested copy.
  1. Passport: Submit one attested copy for identity verification.
  1. NRO Cancelled Cheque: Include one cheque leaf or, if unavailable, a bank statement of your NRO account.
  1. Foreign Address Proof: Provide one attested copy.
  1. Indian Address Proof: Submit one attested copy.
  1. FEMA Declaration: Attach one copy of this declaration.
  1. FATCA: Submit one copy for tax compliance.
  1. Client Details Form: Provide one copy to confirm the details filled.
  1. Nominee ID Proof: If nominating someone, include one copy of their ID proof.
  1. For derivatives trading, a CP code with Orbis Financials is essential.
A competent authority for attesting documents includes:
  • Indian Embassy/Consulate General
  • Notary Public
  • Any Court/Magistrate/Judge
  • Local Banker in the country of residence
The attesting authority must stamp the documents with "verified with original," including their name, designation, signature, and date.

If you're an NRI looking to begin trading, you can start the account opening process by submitting your details here.

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