Fyers Account Opening (Step By Step Process)

Flyers Account Opening is very similar to opening a Demat & Trading account with any broker. You can open an account in FYERS online through (aadhar e-sign) method.

FYERS is a discount broker & known for its trading platform. They charge flat brokerage along with that they offer free account opening. They charge only 20 per executed order or 0.03% (whichever is lower) & Free delivery trades. Those who are into the stock market looking for the best trading platform can open their account with FYERS.

If you are good at understanding & following instructions, then you do not need to go through this entire post. You just need to visit the FYERS account opening page (Click here), & follow the directions, upload all required documents & your account will be opened.

Now let’s understand what are the requirements for Fyers account opening process

Required Documents for Fyers Account Opening

You need to provide the following documents for FYERS account opening:

• PAN Card (Mandatory)
• ID Proof: Voter ID, Aadhar card
• Address Proof: Passport, Aadhar Card, Driving License
• Passport-size photographs
• Canceled Cheque

Fyers Account Opening Charges

Opening a Corporate Account with FYERS is free, and there’s no Account Maintenance Charge (AMC) either. For trading, Fyers give a flat brokerage fee, which is either ₹20 per executed order or 0.03% (whichever is lower) of the trade value.

• Product
• Specification

Fyers

Fyers is a discount brokerage firm driven by a group of young passionate entrepreneur know for its world-class charting solution & faster order ...

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Discount Broker

Segment Wise Broekerage
Equity Delivery Brokerage Zero Rupee Equity Future Brokerage 0.01% or ₹ 20/executed order (whichever is lower) Equity Intraday Brokerage 0.01% or ₹ 20/executed order (whichever is lower) Equity Option Brokerage ₹ 20/ executed order
Account Charges
Offline Order Placing Charge ₹ 20 Tips & Research No
Specification
Brokarage Type Flat Brokerage Segment Supported BSE, Currency, MCX, NSE Services Commodity Trading, Currency Trading, Derivatives Trading, Equity Trading AMC Charge (Yearly) ₹ 400 DP Transaction Charge 20 ₹

Fyers Account Opening Online

1. Mobile Verification

2. Select Account Type

Choose your account type from following from Demat account, NRI account and Corporate account then click ‘Confirm‘ to continue.

Enter your email ID, receive an OTP, and verify it.

 

3. PAN Verification

Input your PAN details i.e. PAN number and click ‘Verify‘. After verification your name will be reflected as Income Tax Department.

Agree to the terms and select ‘Authenticate Aadhaar‘. Enter Aadhaar Number, OTP, and submit.

Input your 6-digit Digilocker PIN and click ‘Done‘.

 

 

4. Link Bank Account

Select one of the option from ‘link using UPI‘ and ‘link using IFSC‘. For UPI Scan the displayed QR code using a UPI app. A nominal amount of ₹1 will be debited for verification. For IFSC provide your bank account number and IFSC code.

Bank details will be reflected after authentication, and select the account type from ‘Saving‘ and ‘Current‘.

 

 

5. Select Trading Segments

Choose your desired segments along with mandatory Equity (NSE & BSE) and Mutual Funds and click ‘Continue‘. Verify using the OTP sent to your registered mobile. Select ‘Verify Account‘, enter OTP, and approve data sharing.

 

 

6. Personal Details

Fill in details like Occupation, Annual Income, Marital Status, and agree to terms and conditions then click ‘Continue‘. 

 

7. Nomination Details

Update your nomination information by selecting one of the options. 

 

8. Selfie and Signature

Upload a live selfie and signature either by uploading signature or by drawing and click ‘Continue‘.

 

9. E-sign Process

Review details such as personal details, bank details, and additional information, then agree to the terms, and continue.

10. E-sign with Aadhaar 

Proceed to e-sign with Aadhaar OTP verification.

 

11. Trading Experience

Select an option that reflects your trading experience from given three options and ‘Confirm‘.

12. Completion

Your application process is now complete. Track the status via the Dashboard.

You could check the Fyers account opening status by calling them. Your account is opened and activated on the same day when Fyers receive your signed account opening form. Once account is opened and activated, customer receives a welcome email with the information you need to begin the trading with Fyers.

Courier POA to Fyers Head Office

For new clients, who want to open a Trading + Demat accounts is online to the maximum possible extent. POA (Power of attorney) will be sent by email after your account has been approved successfully. However, you need to download then print, sign & courier the Power of Attorney (POA) couriered to the following address:

FYERS Securities Private Limited
901 and 902, 9th Floor,
A Wing, Brigade Magnum,
Amruthahalli, Kodigehalli Gate,
Hebbal, Bangalore – 560092

Along with that, you can submit nomination form If you want to nominate someone to your demat & trading account.

You have completed FYERS Online account procedure. Just after Sign Up you will get a call from the sales executive. If you need any help in between just get back to this step by step process for FYERS opening.

Offline Fyers Account Opening

Unfortunately, Fyers no longer accept applications for new offline Individual Demat Accounts at FYERS. As per recent regulatory changes, it’s now mandatory to link your Aadhaar with your PAN for all Demat Accounts. To ensure compliance and simplify this procedure, fyers shifted to an online-only account opening process.

Fyers Headoffice mentioned below:

FYERS Securities Private Limited
901 and 902, 9th Floor,
A Wing, Brigade Magnum,
Amruthahalli, Kodigehalli Gate,
Hebbal, Bangalore – 560092

Fyers

Get Free Fyers A/C

Now you are done with the FYERS account opening process. Your Fyers account will get opened within 24-48 working hours after successful submission.