Is the account opening process at FYERS entirely online?
Yes, FYERS offers a fully digital and paperless account opening process. You can open a Trading and Demat account entirely online using your Aadhaar-linked mobile number. The process is available via the FYERS mobile app or on a desktop browser through FYERS Web. It usually takes under 10 minutes to complete if you have your PAN, Aadhaar, and bank details ready. Here's how you can get started with just a few steps:
On FYERS App (Android / iOS)
- Install the FYERS App
Download it from the Google Play Store or Apple App Store. Begin the signup
- Enter your mobile number and verify it via OTP
- Enter your email ID and verify it via OTP
- Fill in personal details
Enter your PAN and date of birth, and bank account details (account number and IFSC). - Upload KYC documents
Submit address proof (usually Aadhaar) and capture a live photo using your phone’s camera. Select segments
Choose from:
- Equity (Cash)
- F&O (Equity, Currency, Commodity)
- Mutual Funds
- Add a nominee (optional)
You can add a nominee during signup or update it later in the “Personal Details” section after logging in. - Digitally sign the form
Use NSDL’s Aadhaar OTP-based eSign to complete your application. - Submit for verification
Once submitted, FYERS will verify your details and notify you when the account is activated.
On FYERS Web
Make sure your mobile number is linked to Aadhaar. Keep PAN, Aadhaar, and bank details ready to finish the process without delays.
What If...
| Scenario | Resolution |
|---|
| Aadhaar is not linked to your mobile number | The e-Sign process will fail. Kindly contact us. |
| You skipped nominee addition during signup | You can add or update a nominee later from the “Personal Details” section after login. |
| You want to open only a Trading or only a Demat account | Allowed in special cases. Contact us for manual processing. |
| You already have a Trading account and want a Demat account | You can open a free Demat account online. Follow this step-by-step guide. |
| You’re asked for a Power of Attorney (POA) | POA is not required. FYERS uses E-DIS (TPIN-based authorization) for delivery trades. To know how E-DIS works refer to this article. |
Last updated: 28 Jul 2025
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