Tejas Khoday

Co-Founder & CEO, FYERS
@FYERS_Team Can we link a third party Demat account or we are required to open one with you?
Thanks.
I have answered this many times on the thread before @REY619. I guess we'll write this on our website soon too.
  1. Yes, you can link a third party demat account. However, by doing so you will be allowed to trade in the intraday equity segment only. You cannot do delivery trades through a linked demat account (Other than IL&FS - ISSL).

  2. If you want to invest (Take delivery), then you must open a demat account with IL&FS (ISSL).
  3. Very soon, we will have our own demat license too.
Hope this clarifies.
 
I have answered this many times on the thread before @REY619. I guess we'll write this on our website soon too.
  1. Yes, you can link a third party demat account. However, by doing so you will be allowed to trade in the intraday equity segment only. You cannot do delivery trades through a linked demat account (Other than IL&FS - ISSL).

  2. If you want to invest (Take delivery), then you must open a demat account with IL&FS (ISSL).
  3. Very soon, we will have our own demat license too.
Hope this clarifies.
Thanks for the clarification.
 

Tejas Khoday

Co-Founder & CEO, FYERS