Who can be referred through the FYERS Referral Program?

Who can be referred through the FYERS Referral Program?

The FYERS Referral Program is available to individuals opening a new Retail or NRI trading account. Referral benefits apply only when the referred customer completes the required steps through a valid FYERS referral link.

Eligible account types

The following new account types are eligible for the referral program:

  • Retail individual accounts
  • NRI individual accounts

Ineligible account types

The following account types are not eligible for referral benefits:

  • Corporate accounts
  • Minor accounts
  • HUF accounts
  • LLP accounts
  • Partnership accounts

Eligibility for existing FYERS customers

Customers who already have an active FYERS trading account are not eligible for the first-trade referral credit.

However, an existing FYERS customer who has not previously subscribed to FYERS Prime may still qualify for the Prime referral credit. To qualify, the customer must subscribe to FYERS Prime through the referral link within the applicable 45-day period.

Note: Eligibility for the first-trade referral reward and the FYERS Prime referral reward is evaluated separately.

What If...

ScenarioSolution
The referred customer opens an eligible account but does not place their first trade.The first-trade referral credit is not added until the customer completes their first eligible trade.
An existing FYERS customer subscribes to FYERS Prime through the referral link.They may qualify for the Prime referral credit if they have not subscribed to FYERS Prime earlier and complete the subscription within 45 days.
  Last updated: 06 Aug 2026