How to open Fisdom Demat account
How to open Fisdom Demat account

Are you ready to invest in stocks and mutual funds? But don’t know how to open a Demat account. Which document is required to open a Demat account. Is it free or chargeable? Lots of questions arise in your mind. Now it’s time to get the answer to this question and you are at the right blog. In this blog, I am going to give you a detailed guide to fisdom Demat account with all pros and cons. And don’t miss the previous blog of our website.
Many players in the field of Demat account are available like Upstox Demat account, Axis Demat account, Groww Demat account, Jiffy Demat account, and also that we are talking about fisdom Demat account. Most of the Demat accounts you have heard well. But now we are talking about the fisdom Demat account.

What is fisdom Demat account :

Fisdom is a brokerage company that will allow to buy and sell stocks and mutual funds through its app. It also provides many facilities like insurance, IPO, F&O, NPS i.e (National pension scheme). This company is registered under Finwizard Technology Pvt Ltd. They are funded by PayU, Quona Capital, samma capital. They are awarded by best financial adviser (Online), Top SIP performer, best wealth management app.
It also provides a private wealth management service. Where the experience wealth managers of the company help you to get the best suited financial solution. With its robust technology platform. Where you can get the details of your investment at any time. And they follow the same quotes that you heard in the spiderman movie ” Great powers come with great responsibility.

How to open a fisdom Demat account [Step by step] : 

  • Step 1. Click on the button , Enter your Name and mobile number then click on start.
  • Step 2. Install the fisdom app .
  • Step 3. Open the app and continue with your mobile number.
  • Step 4. Next, enter your email id.
  • Step 5. Enter OTP and click on verify.
  • Step 6. After that click on the investment ready banner.
  • Step 7. Next, enter your PAN number for KYC then click continue.
  • Step 8. A confirmation prompt is open for your PAN number display name. Press continue if your name is correct otherwise you can make an edit.
  • Step 9. Wait for a few seconds.
  • Step 10. After clicking on continue.
  • Step 11. On the next page, Enter your detail like DOB, gender, etc.
  • Step 12. Click continue, On the next page you need to select the primary account for your transaction on services.
  • Step 13. Now after verifying account details, Select the experience in the share market.
  • Step 14. Next upload your pan card photo with a selfie.
  • Step 15. Verify your esign with the aadhar card link mobile number.

Document Required to open Demat Account :

  • Aadhaar card number
  • PAN card number
  • Bank account number with IFSC code.
  • The customer needs to be linked aadhaar with the mobile number.

Pros and cons of fisdom Demat account :


  • Account opening charges are zero.
  • Rs 20 will charge for executing the order (Defined by SEBI)
  • The first-year Demat AMC charge is zero.
  • No charges will be taken for the transaction.
  • Anytime you can withdraw your money in your primary account.


  • An interface can be hard for new users.

How to withdraw money from fisdom :

You can withdraw money at any time. If you want to withdraw money from stock. You need to sell the stock you purchase. After selling the profit and investment will be credited to your fisdom account. Then on the profile section, you can withdraw money to your account directly. It will be credited to your primary bank account. No charges will be taken.

Fisdom helpline number and customer care email id with toll-free number :

If you found any issue related to your account or stock. You can mail and call on the special number given by fisdom. They also provide separate call n trade desk for customers.

Customer support : +91 96425 96425 (Monday to friday 9am – 5pm)
Fisdom Email :
Call N tarde Number : +91 96425 96425

How to close a fisdom account :

You can close your fisdom account by going to your profile in the app and making your account deactivated. You can transfer your stock and mutual funds to another brokerage app by ARN (AMFI Registration Number).

Fisdom Demat account refers to and earn :

You can earn money by referring. Share your unique link or Referral code with your relatives, friends, colleagues. You can earn up to Rs 5000. Each person who joins wisdom with your link and complete all procedure with KYC verification. You will get Rs 600 on every referral.

Final word:

At the last, if you are serious about investing in stocks and making your portfolio on stocks. You have to have a Demat account. The investment makes your life easy in the future. A good investment for your life makes a good life. Warren Buffet’s favorite quote – ” If you cannot find a way to earn money while you sleep, you will work until your death.” Very few people in India invested in stocks and share but those who are invested. Now become an example. like Rakesh Jujunwala.

Frequently asked questions:

Q.1 What is a Demat account?

Demat account is a way that will be allowed to invest in selling and purchasing of stocks, IPO, Insurance, etc.

Q2. Which apps are currently best for the Demat account?

Currently, the apps are :

1. Upstox 
2. Groww
3. Fisdom 
4. Axis Demat account 
5. Jiffy

Q3. Is the Demat account is free or chargeable?

Mostly Demat accounts are free and some are free for some time after they charge money per year. Upstox, groww apps are free. They charge only for executing the order.

Q4. Can we earn money by referring to the Demat account?

Yes, you can earn money by referring. You can make up to Rs 600 per person you refer.

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