Is a demat account mandatory for trading with FYERS?
Opening a Demat account with FYERS is your first step toward investing or trading in the Indian markets. This account allows you to hold and manage your securities—such as stocks and ETFs—digitally and securely, without the need for physical certificates.
Segments Enabled by a FYERS Demat Account
- Equity Delivery: Buy and hold shares in your Demat account for the long term.
- Equity Intraday: Trade shares within the same day for short-term opportunities.
- Equity Derivatives (F&O): Trade futures and options on stocks and indices.
- Currency Derivatives (F&O): Trade in foreign exchange futures and options.
- Commodity Derivatives (F&O): Participate in futures and options across various commodities.
Each segment is accessible based on your risk profile, consent, and applicable KYC and margin requirements.
What If
| Scenario | Solution |
|---|
| You only want to invest in stocks (not trade F&O) | You can choose to activate only the Equity Delivery segment while opening your account. |
| You’ve opened a FYERS account but can’t access derivatives | Ensure you’ve submitted your income proof and segment activation forms. |
| You’re unsure which segments are activated | Log in to FYERS and go to “Profile” under your account icon to check or modify segment access.
|
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Can I link an existing Demat account to my FYERS trading account?
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Can I open a trading account without opening a demat account?
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Can I open just a trading account at FYERS?
If you're looking to start trading with FYERS, it's important to know that we do not support standalone trading accounts. Opening a combined Trading and Demat account is mandatory to ensure you can fully participate in equity and ETF markets. Why is ...
Can I open multiple trading/Demat accounts with FYERS?
No, you cannot open more than one trading and Demat account with FYERS using the same PAN. However, you're allowed to open accounts with other brokers or depository participants (DPs) if you wish to manage multiple portfolios. Why only one account is ...
What is the expiry period for Trading and Demat account?
No, FYERS trading and demat accounts do not have an expiration date. Once opened, you can continue using your account indefinitely, as long as it remains compliant and active. How long is a trading/demat account valid? There is no time limit or ...