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.
|
Related Articles
Can I link an existing Demat account to my FYERS trading account?
No, linking an external Demat account to your FYERS trading account isn’t supported. To trade with FYERS, both the trading and Demat accounts need to be opened with FYERS. If you already have a trading account, opening a Demat account is quick, fully ...
Can I open only a trading or only a Demat account with FYERS?
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 ...
Can I open a trading account without opening a demat account?
Yes, opening a Demat account with FYERS is mandatory for all clients who wish to trade or invest in equities, ETFs, or mutual funds. Your Demat account is essential for holding the securities you purchase. Why is a FYERS Demat account required? A ...
Why is providing a mobile number mandatory to open a FYERS account?
Providing a valid mobile number is mandatory for opening a Trading and Demat account with FYERS. This is a regulatory and operational requirement that ensures secure communication, identity verification, and compliance with KYC norms. Why is a mobile ...
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 ...