BENGALERU, India, August 3, 2022 /PRNewswire/ — FYERS, one of india fastest growing trading and investing platforms, launches Demat account for NRIs. FYERS is committed to expanding its reach worldwide and enabling international customers to trade and invest in India. Currently, with 3,00,000+ customersit has experienced phenomenal growth and greatly expanded its customer base year after year.
The launch of the FYERS Demat account will allow NRIs to seamlessly trade and invest in stocks, mutual funds, ETFs, futures and options. It is a cost-effective platform with zero account opening and annual maintenance fees. Interestingly, one can get access to a single account to trade and invest simultaneously, along with value-added features such as access to research reports, economic calendar, fundamental and technical analysis. NRIs can open a Portfolio Investment Scheme (PIS) account by contacting one of FYERS banking partners.
Speaking at the launch, Tejas Khoday, CEO and Co-FounderFYERS said: “Our mission is to empower new era traders and investors with the best technologies and platforms. The launch of the NRI Demat Account is a step towards our commitment to making investing and trading transparent and seamless effort for all our users internationally Indian capital markets have been on a bull run over the past few years, our NRI Demat account is the most transparent way for NRIs to participate in the India growth story. 60% of our clients are under the age of 35, showing that millennials and younger investors are heading to the capital markets, both to generate income and create wealth. We expect to see a similar trend when it comes to NRIs as well.”
Founded in 2016, by Tejas Khoday, Yashas Khoday & Shreyas Khoday, FYERS is a Bengaluru-based fin-tech start-up offering a stable and reliable platform to trade effectively in the Indian stock markets. With a focus on creating investment opportunities for new era investors and full-time traders, FYERS offers the ability to trade stocks, futures and options, currencies, commodities commodities, mutual funds and more.
FYERS product line includes FYERS Web, App, Direct and more. Showcasing the vision of a self-sustaining business, FYERS has been awarded as “Bootstrapped Business of the Year” 2021 by Entrepreneur India. FYERS is on a mission to provide an ideal investment platform for clients to create wealth.
For more details: https://fyers.in/nri
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