Is the account opening process 100% online?
- You can open a Trading & Demat account with us online without having to submit any physical documents. Online account opening enables you to sign the application form digitally using Aadhar OTPs. You will be able to transact in all the segments namely, Equity, Equity F&O, Currency F&O, Commodity F&O, and Mutual Fund segments.
- The Demat account opening process for existing clients who only have a trading account has also been made online and absolutely free of cost. For more details, read this article. For new clients, opening a Trading + Demat account is completely online and you need not submit POA for Buying and Selling equity in Delivery (It can be done through E-DIS, refer to this blog).
- The nomination procedure for new clients needs to be completed at the time of application. However, existing clients can Update/Add the nomination completely online (refer to this article).
What is the difference between opening an account online and offline?
Opening an account online saves time, energy and paper. It also helps you get started on demand rather than having to wait a week or so which involves printing, photocopies, physical signatures, logistics and physical verification process. When you ...
Can I open Demat account online at FYERS?
Yes! If you are new to FYERS and want to open a Trading+Demat account, you can open an account online here. The Demat account opening process for existing clients is also completely online. For more details, read this article. For new clients, ...
How much time does it take to open an account online?
If you have all the required documents readily available with you, it takes about 10 minutes to complete the account opening process online and E-Signing your application using OTPs. After that, we will take up to 5-6 working hours to send you the ...
What are the account opening charges at FYERS?
With effect from 24th November 2020, the account opening charges are Nil. To open an account with us online, click here. If you are already our client with a trading A/c and want to open a Demat account with us, you can download the Demat A/c ...
How to open an account online with assistance?
To open an account online with assistance, please enter contact information (Email & Mobile Number) on our Open An Account page and submit by clicking “Create an Account”. Our account opening executive will get in touch with you within “24 working ...