Is it allowed to trade in equity delivery by linking other Demat accounts?

Is It Allowed To Trade in Equity Delivery by Linking Other Demat Accounts?

No, it is not allowed. You cannot link a Demat account held with another broker to your FYERS trading account for full delivery-based trading. We require a Demat account mapped under its own system to enable complete buy and sell functionality.

Why are external Demat accounts not allowed for delivery trading?

If we were to allow external Demat accounts:

  • You could buy shares via FYERS, but you wouldn’t be able to sell them through FYERS
  • You’d need to sell those shares using the broker where the Demat account is actually held
  • Your FYERS platform would continue to show the holdings even after you’ve sold them, leading to confusion and inaccurate portfolio tracking

This lack of digital integration results in an inconsistent trading and settlement experience.

Can I use an external Demat account for anything?

Yes, you may link an external Demat account only for trading in the equity intraday segment. However:

  • Delivery trades (buy today, hold for the future) will not be supported
  • You must open a FYERS Demat account to access full delivery trading and holdings management

What If...

ScenarioSolution
I want to use my old Demat accountIt must be transferred to FYERS to trade delivery-based equity
I already have shares in another Demat accountYou can transfer them into your FYERS Demat account using DIS or CDSL Easiest
I linked an external Demat and now can't sell sharesSelling trades require a Demat and trading accounts under the same broker

Last updated: 26 Dec 2025