Fyers CDSL or NSDL?

Fyers Account Opening

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 a Depository Participant (DP) of CDSL with DP ID as 89400. Check Fyers Securities CDSL Membership detail.

CDSL (Central Depository Services Limited) and NSDL (National Depository Services Limited) are 2 central depositories in India to manage your demat account.

Stock Brokers like Fyers play the role of intermediary between the customers and the central depository.

Note: Before taking the membership of CDSL, Fyers had a partnership with IL&FS for demat account services. IL&FS has both CDSL and NSDL membership.


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