What is the expiry period for Trading and Demat account?
No, FYERS trading and demat accounts do not have an expiration date. Once opened, you can continue using your account indefinitely, as long as it remains compliant and active.
How long is a trading/demat account valid?
There is no time limit or automatic expiry for your FYERS account. Your account remains valid unless:
- You request to close it
- It becomes dormant due to prolonged inactivity (as defined by SEBI)
- It is flagged for regulatory non-compliance
FYERS does not impose any time-based expiry.
Do I need to pay AMC to keep my demat account active?
Typically, demat accounts involve an Annual Maintenance Charge (AMC). However, at FYERS:
- AMC is zero
- You can hold your demat account without paying any annual maintenance fees
This makes it cost-effective to keep your account open even if you're not actively trading.
What If:
| Scenario | What You Should Know |
|---|
| I haven’t traded in months | Your account may be marked dormant, but it won't expire—reactivation is possible through KYC updates |
| I want to close my account | You can submit a formal closure request via FYERS support |
| I’m concerned about AMC | FYERS offers zero AMC, so your demat account remains free of annual charges |
Log in periodically or execute a trade once in a while to keep your account active and avoid dormancy status.
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