How to open demat account in Fyers?

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Are you a day trader?

Fyers offers a paperless instant account opening if your Aadhar is linked to your current phone number for OTP verification. This online account opening allows you to open an account and start trading in just a day.


Keep scanned copies of the following documents before you start filling the account opening form.

  • PAN Card
  • Address Proof: Passport / Voter ID / Ration Card / Driving License / Lease Agreement / Driving License
  • Cancelled bank cheque with your name.
  • Income Proof (for F&O trading only): Bank statement for the last 6 months

Steps to open Fyers Demat Account

  • Visit the Fyers website
  • Click on 'Open An Account' tab
  • Enter phone no, email and name
  • Click on 'Generate OTP'
  • Verify OTP and follow the process

Once you submit the online application, it will take up to 24 hrs for the Fyers team to verify and open your account. You will receive a welcome email once the account is activated.


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