FYERS, a buying and selling and investing platform, launched a demat account for NRIs to allow worldwide clients put money into India. At the moment, with over three lakh clients, the launch of the FYERS Demat Account will allow NRIs to seamlessly commerce in equities, mutual funds, ETFs, Futures and Choices.
It’s a cost-effective platform with zero account opening and annual upkeep expenses. It provides value-added options reminiscent of entry to analysis studies, financial calendar, fundamentals and technical evaluation. NRIs can open a portfolio funding scheme account by approaching any one in all its banking companions.
Tejas Khoday, CEO and co-founder, FYERS mentioned the capital markets had a bull run over the previous couple of years and the launch of the NRI Demat Account will allow them to take part within the India progress story.
About 60 per cent of FYERS clients are aged beneath 35, indicating millennials and younger traders are making beeline to the capital markets for revenue era and wealth creation, he added.
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August 03, 2022