Is the account opening process at FYERS entirely online?
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 through both the FYERS mobile app and FYERS Web on a desktop browser. 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:
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
- Verify your personal details
Review and verify your PAN, date of birth, and bank account details (account number and IFSC) that are fetched automatically. - Upload KYC documents
Submit address proof (usually Aadhaar). Fill in “Additional Information”
Select one or more of the following:
- Employment Type (Private / Business / Public / Others)
- Annual Income Range (Below 1 lakh / 1–5 lakhs / 5–10 lakhs / 10–25 lakhs / Above 25 lakhs)
- Trading Experience (0–1 year / 2–5 years / 5+ years)
- Gender (Male / Female / Others)
- Marital Status (Single / Married / Others)
Confirm that you are not politically exposed (PEP) and that you are a tax resident of India.
Choose account segments
Select one or more of the following:
- Equity (Cash)
- F&O (Equity / Currency / Commodity)
- Mutual Funds
- Add a nominee (optional)
You can add a nominee during signup or verify/update it later in the “Personal Details” section after logging in. - Capture live photo & signature
Use your phone’s camera to capture a live photo and your digital signature. - Digitally sign the form
Use NSDL’s Aadhaar OTP-based eSign to complete your application securely. - Submit for verification
Once submitted, FYERS will verify your details and notify you when your account is activated.
On FYERS Web
- Go to the signup page
Visit the FYERS Sign Up page. Enter and verify contact details
- Enter your mobile number and verify it via OTP
- Enter your email ID and verify it via OTP
- Verify your personal details
Review and verify your PAN, date of birth, and bank account details (account number and IFSC) that are fetched automatically. - Upload documents
Upload address proof (e.g., Aadhaar) and capture a live photo using your desktop or laptop webcam. Fill in “Additional Information”
Select one or more of the following:
- Employment Type (Private / Business / Public / Others)
- Annual Income Range (Below 1 lakh / 1–5 lakhs / 5–10 lakhs / 10–25 lakhs / Above 25 lakhs)
- Trading Experience (0–1 year / 2–5 years / 5+ years)
- Gender (Male / Female / Others)
- Marital Status (Single / Married / Others)
Confirm that you are not politically exposed (PEP) and that you are a tax resident of India.
Choose account segments
Select one or more of the following:
- Equity (Cash)
- F&O (Equity / Currency / Commodity)
- Mutual Funds
- Add a nominee (optional)
You may skip this during signup and verify/update it anytime after login under “Personal Details.” - Digitally sign with Aadhaar OTP
Use NSDL’s Aadhaar eSign gateway to complete your application securely. - Submit for verification
Once submitted, FYERS will verify your details and activate your account.
Make sure your mobile number is linked to Aadhaar. Keep your PAN, Aadhaar, and bank details ready to complete the process smoothly.
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 verify 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: 14 Oct 2025
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