How to Close FYERS Account?
Intraday trading is often riskier. Because the share price goes up and comes down instantaneously. So if the analysis goes wrong then the investor can lose a large amount of money.
But if the investor stays less active in the share market then closing the demat account is the safest option. Therefore understand How To Close FYERS Account in simple steps.
Steps To Close FYERS Account:
1. Open the FYERS on the App/Web.
2. Click on the Menu option shown by dots.
3. Now click on “Reporting”.
4. Click on “FYERS My Account”.
5. Under your profile click on “Manage Account”.
6. A new window will open, click on the “Others” option.
7. Click on “Close Account”.
8. Enter the OTP sent to your mobile number and click on “Continue”.
9. Tick the mark for the account closure reasons and also describe the reasons.
10. Now click on “Continue”.
11. Enter “Target Demat Account No. and “Re-enter Target Account No.” , “Upload CMR Copy”.
12. Click on “Continue”.
13. Upload your “Signature” and click “Continue”.
14. The account removal window will appear.
In this way, you can close the FYERS account.
Also, Check - How To Withdraw Funds From Fyers.
Conclusion
Closing a FYERS account can take up to 2-5 days. Also, the company verifies the things before closing the account. Hence you may receive calls from customer care. In this way, you can close your trading account at FYERS. You can open your trading account in 5 minutes. Based on the review options trading feature is the advanced one. For further queries, you can comment down.
After writing content around various niches, I got aligned towards finance and started writing content that provides finance insights.
