What is the procedure to open a Demat account?
If you're already a FYERS client with a trading account, you can easily add a Demat account to enable equity and mutual fund investments. There's no need to open an entirely new account—just follow a simple add-on process.
For existing FYERS trading account holders
To open your FYERS Demat account, follow the detailed steps in this support article. It covers everything you need, including login instructions and document requirements.
For new users
If you're new to FYERS, you can open a Trading cum Demat account directly by visiting https://signup.fyers.in. This unified process ensures you’re ready to both trade and hold securities from the start.
Tip: FYERS does not require a Power of Attorney (POA) to operate your Demat account. You can use the secure EDIS (Electronic Delivery Instruction Slip) system for all equity and mutual fund transactions.
What if...?
| Scenario | Solution |
|---|
| You already completed KYC for your trading account | You’ll only need to verify and sign for the Demat add-on—no full re-KYC required. |
| You prefer not to give POA | That's fine! You can use CDSL’s EDIS method with TPIN to authorize transactions. |
| You’re unsure which account type you have | Log in to your FYERS account dashboard to view your account type, or contact support. |
Last updated: 01 Jul 2025
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