FAQ – Amyra Securities
Help Centre

Frequently Asked Questions

Everything you need to know about our securities, trading, and investment services.

No results found. Try a different keyword.

Account & KYC

5 questions
Answer

Opening a trading account with Amyra Securities is simple. Visit our website, click on "Open Account," and complete the online form. You'll need your PAN card, Aadhaar card, bank details, and a passport-sized photograph. The entire process is paperless and typically completed within 24–48 working hours after document verification.

Answer

For KYC, you need a valid PAN card (mandatory), Aadhaar card for address proof, a cancelled cheque or bank statement, a recent passport-sized photograph, and your signature. For NRI accounts, additional documents like a passport copy, PIO/OCI card, and overseas address proof may be required.

Answer

Yes, Amyra Securities allows joint accounts with up to 3 holders. The primary holder must complete individual KYC, and all joint holders must provide their PAN and Aadhaar details. All holders are required to sign the account opening form. Demat accounts must also be linked accordingly for joint holding.

Answer

Log in to your Amyra Securities account, navigate to "Profile Settings," and select "Update Contact Details." You'll receive an OTP on your current registered number for verification before changes take effect. Alternatively, visit our branch with a self-attested identity proof and a written request.

Answer

Once all documents are submitted and verified, account activation typically takes 24 to 48 working hours. You'll receive a confirmation SMS and email with your Client ID and login credentials. In some cases, SEBI or exchange-related checks may extend the process by an additional day.

Trading

5 questions
Answer

Amyra Securities offers access to Equity (Cash & Delivery), Futures & Options (F&O), Currency Derivatives, Commodity markets via MCX, and Mutual Fund investments. You can trade across NSE and BSE exchanges. Activation of specific segments like F&O and Currency requires separate sign-off during account opening.

Answer

Equity and F&O markets on NSE/BSE are open Monday to Friday, 9:15 AM to 3:30 PM IST, with a pre-open session from 9:00–9:15 AM. Currency derivatives trade from 9:00 AM to 5:00 PM IST. Commodity markets (MCX) operate from 9:00 AM to 11:30 PM IST. Markets are closed on declared exchange holidays.

Answer

Yes, we offer margin trading facilities (MTF) in accordance with SEBI guidelines. With MTF, you can take leveraged positions in approved stocks by paying a specified margin. Interest is charged on the funded portion on a daily basis. Margin requirements vary by scrip and are subject to exchange and regulatory guidelines.

Answer

Yes, After Market Orders (AMO) are supported. You can place AMO between 3:45 PM and 8:57 AM for NSE/BSE. Orders are queued and executed at the start of the next trading session. AMO is available for equity delivery and intraday orders, but not for F&O and currency segments.

Answer

In case of a short margin, SEBI mandates that brokers report it to the exchange and a penalty is levied as per exchange norms. Repeated instances may lead to restrictions on your account. We recommend maintaining adequate funds and monitoring your available margin regularly through the platform.

Funds & Payments

4 questions
Answer

Log in and click "Add Funds." You can transfer via UPI, Net Banking, NEFT/RTGS, or IMPS. UPI and Net Banking are credited instantly during banking hours. NEFT/RTGS typically takes 2–4 hours. Always use only your registered bank account for transfers.

Answer

Withdrawal requests placed before 10:00 AM are generally processed by the same business day. Requests after that may be processed the next business day. Funds from equity delivery trades (T+1 settlement) become available for withdrawal only after the settlement cycle completes.

Answer

Yes, you can link up to 3 bank accounts. The primary account (set during account opening) is used for payouts. Additional accounts can be added via account settings by submitting a cancelled cheque or bank statement. All accounts must be in your own name.

Answer

Amyra Securities does not charge any fees for adding or withdrawing funds. However, your bank may levy standard NEFT/RTGS/IMPS charges as per their fee schedule. UPI transfers are typically free. Please check with your bank for any charges on your end.

Demat Account

4 questions
Answer

Yes, when you open a trading account with Amyra Securities, a Demat account is opened simultaneously under CDSL. This 3-in-1 setup — bank, trading, and Demat — ensures seamless settlement of equity trades. Your Demat account number (BO ID) is provided upon activation.

Answer

Annual Maintenance Charges (AMC) are levied as per CDSL guidelines and Amyra Securities' fee schedule. Please refer to the "Charges" section on our website or your account opening document for current AMC rates. Charges are debited annually from your linked account or trading balance.

Answer

You can use the CDSL Easiest portal or submit a Delivery Instruction Slip (DIS) to your existing depository participant. You'll need our DP ID and your Amyra Demat account number. Alternatively, use CDSL's online off-market transfer facility for quicker processing.

Answer

Yes, you can view your complete Demat holdings, transaction history, and download account statements in PDF or Excel format from your Amyra Securities account. You can also access your CAS (Consolidated Account Statement) via CDSL's official website or NSDL's eServices portal.

Taxation & Reports

3 questions
Answer

Amyra Securities provides a Tax P&L Statement, Trade-wise report, Contract Notes for every executed trade, and an Annual Summary of all transactions. These are available under the "Reports" section and can be used for filing your ITR. Form 16A for TDS deducted is also available where applicable.

Answer

STT is applicable on equity delivery, intraday, and F&O trades on recognized Indian exchanges. The rate varies by trade type. Commodity trades on MCX are not subject to STT but may attract Commodity Transaction Tax (CTT). STT is displayed in your contract note for every trade.

Answer

Short-Term Capital Gains (STCG) apply when shares are sold within 12 months and are taxed at 15%. Long-Term Capital Gains (LTCG) apply for holdings over 12 months, taxed at 10% on gains exceeding ₹1 lakh per year without indexation. F&O and intraday profits are treated as business income and taxed at slab rates. We recommend consulting a tax professional for your specific situation.

Security & Privacy

3 questions
Answer

We use 256-bit SSL encryption for all data transmissions. Two-Factor Authentication (2FA) is mandatory for login and fund withdrawals. Your personal data is stored securely and never shared with third parties without consent, in compliance with applicable data protection laws. Regular security audits are conducted to ensure platform integrity.

Answer

Immediately change your password using the "Forgot Password" option and contact our support team at the earliest. We can temporarily freeze your account to prevent unauthorized transactions. Also report the incident to your bank if you suspect financial fraud. Amyra Securities will never ask for your password or OTP via phone, email, or SMS.

Answer

Securities and market investments are subject to market risks and are not insured or guaranteed. However, your funds and securities held with Amyra Securities are kept in segregated accounts as per SEBI regulations, separate from the company's own assets. Amyra Securities is registered with SEBI and follows all regulatory guidelines to safeguard client assets.