How to Open a Fyers Demat Account?

To open a Fyers demat account and trade in equity or currency, you need some important documents. So, if you are planning to invest in equity (take delivery of shares), you need a Fyers demat account. Here, we will discuss how to open a Fyers Demat account.

As it takes some time to approve all the documents, after registering your account, if you check the Fyers account opening by calling them, your account is opened and activated on the same day when Fyers receives your opened account. So once your account is opened, the user receives a welcome email with the information they need to begin trading.

Steps to Open the Fyer Demat Account

Here are the steps to open the Fyers demat account:

Open the Fyers app.

Tap on “Get started”.

Tap on the “Continue” button.

Click on your preferred “language” and then tap on the “Continue” button.

Enter your “mobile number”, click on the “Continue” button, and then tap on the “Sign up” button.

Enter the “OTP”.

Choose your account type, such as “Demat account,” and then tap on the “Continue” button.

Add your email address, then tap on the continue button.

Enter the “OTP”.

Enter the “PAN number”, tap on the “verify” button, and then enter the “date of birth”, and then tap the “continue” button.

A confirmation message will pop up, tap on the “Continue” button.

Now link your bank account by paying INR 1.

Enter all your “Bank & Segments” details and then tap on the “Continue” button.

Enter all your “Additional Information” details, tick the box, and then tap on the “Continue” button.

Now choose “Nomination & Declaration”, then tap on the “Continue” button.

Done your “Live Verification” and then tap on the “Continue” button.

Now, “Review your Details” and tap on the “Proceed to e-sign” button.

Tap on the proceed button.

Enter your “Aadhaar card number”, and tap on “Get OTP”.

Enter your “OTP” and tap on “verify OTP”.

Now choose “your trading experience”, and tap on the “confirm”.

Now tap on the “Explore Fyers App”.

Tap on the “I understand”.

Done with the opening Fyer demat account.

Conclusion

In conclusion, opening a Fyers demat account is a quick and easy way to open as it enables you to begin your trading journey hassle-free. This platform is a user-friendly platform, which makes for an excellent choice for both beginners and expert investors. We hope our blog on how to open a Fyers Demat account is helpful.

About the Author

Saniya

I am a writer, and this sentence speaks louder than anything, I love to play with words because I have a passion for writing easy and good-quality content that reflects simplicity. Readers like content that is straightforward with simple language. My priority has always been to deliver content that connects with the reader.

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