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Fyers NRI Account Review


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Fyers Account Opening Enquiry

Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Fyers is an online stock broker in India. Fyers offers regulated stock broking platforms that operate under SEBI and Stock Exchanges regulations and guidelines.

It offers a 2-in-1 account combining trading and demat accounts with trading in Equity delivery and F&O.

Fyers brokerage fees for NRIs is 0.5% or 50 for equity delivery. Fyers offer the lowest equity delivery and F&O charges of Rs 50 per executed order for NRI. Fyers offers an in-house build web trading platform, installable desktop trading terminal, and mobile trading app, all for free to its customers.


Fyers NRI Trading Account Charges

Fyers NRI brokerage charges for trading in Equity and Equity Derivatives.

TransactionFee
NRI Account Opening ChargesFree
NRI Account AMCFree
Equity Delivery Brokerage0.5% or ₹50
Equity Future Brokerage₹50 per traded order
Equity Options Brokerage₹50 per traded order
Other Charges

Fyers NRI Trading Software Review

Fyers has developed its in-house trading software for its customers. The Trading Platform is user-friendly helping NRI Traders to trade like a pro. Fyers trading platform's major applications are:

  • Fyers App 2.0: Fyers App 2.0 is a mobile trading app with advanced features like faster order placement, password-less login, basket order, and multilingual language and TradingView Charts for customers friendly with mobile phones.
  • Fyers Web: It's a robust trading platform developed using TradeView Library having features like Drag and Drop charts, Price Ladder Trading, and Advanced Charts with 24 years of historical price data.
  • Fyers One: Fyers One is a trading terminal built for professional traders with enhanced industry-standard features such as F&O Analysis Tools, Technical Screeners, and Advanced EOD Reports.
  • Fyers Next: Fyers Next is a trading platform with fast and accelerated trading experience.
  • Fyers Pledge: Fyers Pledge is a pledging platform that allows investors to pledge and unpledge their holdings for free. 

Read Fyers Trading Software Review for an in-depth understanding of the various platforms offered by the company.


Fyers Investment Options

The investment options available to an NRI at Fyers.

Investment OptionStatus
StocksYes
Mutual FundsYes
IPOYes
Others

Fyers NRI Account Opening Process

Fyers Account Opening review:

Fyers provides 2-in-1 account to its NRI customers. Fyers NRI Trading account and Fyers NRI demat account are the two accounts provided by Fyers for its NRI clients. The account opening process is quite simple and with minimal paperwork.

To trade with Fyers NRI should open an NRO, NRE, or NRO Non-PIS account with the bank.

Documents required to for opening Fyers NRI Account

  1. Account Opening Form
  2. One copy of PAN Card duly attested
  3. One copy of duly attested Passport
  4. One NRE/NRO canceled cheque
  5. Foreign address proof with a copy of the foreign driving license, foreign passport, foreign bank statement, or attested copy of rent agreement or utility bills.
  6. Duly attested Indian address proof.
  7. One copy of the FEMA declaration
  8. One copy of FETCA 
  9. In case any Nominee has been added one ID proof of the Nominee.

Steps to be followed for opening Fyers NRI Trading Account

Fyers is among the few brokerage firms offering online account opening services. Following are the steps to be followed for opening an account

  • Visit the official website and click on the account opening form
  • Enter all the required details in the Fyers NRI demat account opening form
  • Enter all the requisite details and click on the submit button.
  • You will receive a callback from the Fyers team for further assistance in the NRI account opening.

Fyers Key Features

FeatureStatus
3-in-1 AccountNo
Free Research and Tips
Automated Trading
Other Features

Fyers NRI Mutual Fund

NRI can invest in mutual funds with Fyers through a non-PIS account. Thus, getting a PIS certificate from RBI is optional for NRI mutual fund investment.

Due to compliance regulations, NRIs from the USA and Canada cannot invest in mutual funds.


Fyers NRI Customer Care

Fyers NRI Support Desk contact information. Find Fyers NRI contact number.

Fyers NRI HelplineNumber
Fyers NRI Customer Care Number080-45699999
Fyers NRI Customer Care Email IDsupport@fyers.in

Fyers NRI Trading Account Advantages

  1. Free online account opening and AMC charges
  2. Free equity delivery trading. No brokerage for cash & carry trades.
  3. Discount stock broker offering ultra-low brokerage. Fyers charges flat Rs 20 per trade maximum brokerage across trading segments and irrespective of the size of the trade.
  4. No hidden charges. Very transparent fees/charges.
  5. In-house build trading platform offers flexibility to implement new features/services quickly.
  6. All trading software is available for free of charge.
  7. Fyers NRI account holders get access to research reports and economic calendar
  8. Refer your friends and earn 20% of the revenues generated by your friends, for life!

Fyers NRI Trading Account Disadvantages

  1. Fyers NRI account holders are not allowed to invest in currency derivatives.

Conclusion

Fyers is a good option for NRIs who want to invest in the stock market and mutual funds in India. It has a Zero account opening and AMC charges. It offers a convenient way to invest with low brokerage charges. Fyers NRI account opening contact number - 080-45699999 and Fyers NRI account opening email ID - support@fyers.in.


Fyers Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

Frequently Asked Questions

  1. 1. What are the charges for NRI account in Fyers?

    Fyers charges a fee of 0.5% or 50%, whichever is lower, per executed order for equity delivery. Fyers offer the lowest F&O charges of Rs 50 per executed order for NRI.

     

     

  2. 2. How do I open a foreigner account in Fyers?

    To open a foreigner account in Fyers, one should follow the below steps:

    1. Click on open an account link.
    2. Enter your email address and mobile number
    3. Enter OTP for verification.
    4. Enter details or upload the following documents:
    • PAN - one copy (Attested by a Competent Authority*)
    • Passport - one copy (Attested by Competent Authority*)
    • NRO Cancelled cheque -1 leaf (In case of non-availability, you can provide bank statement of the NRO account)
    • Foreign address proof - 1 copy (Attested by a Competent Authority*)
    • Indian address proof - 1 copy (Attested by Competent Authority*)
    • FEMA declaration - 1 copy
    • FATCA - 1 copy
    • Client Details form - 1 copy (to confirm the details filled)
    • Nominee ID proof - 1 copy (In case you have added a nominee)
    • In the case of derivatives trading, CP code with Orbis Financials is mandatory.

    Submit all details and one of their representative will contact you.

     

     

Fyers Account Opening Enquiry

Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Information on this page was last updated on Monday, August 21, 2023

Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

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