Fyers: account opening process online, fees, forms
Fyers Account Opening Process
The account opening process is quite simple and similar to other discount brokers in India. You must have your PAN card copy, AADHAR card copy, income proofs, etc. handy while opening a demat and trading account.
Fyers: Types of Accounts
Like the account opening process, Fyers keeps it simple in the type of accounts it offers to its clients:
1. Fyers Trading and Demat Account: This is a 2-in-1 kind of account offering, with an option to trade in equity cash, intraday, derivatives, and FOREX trading. However, the Demat for dematerialised securities is offered by IF&LS.
2. Fyers Commodity Account: As the name suggests, this type of account only offers commodity trading across various markets like MCX.
Fyers Account Opening Charges: 2024
| Charge | Amount |
|---|---|
| Demat Account Opening Charges | ₹0 |
| Trading Acc Opening Charges | ₹400 |
| Trading Account AMC | ₹0 |
| Demat Account AMC | ₹300 |
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