How to activate F&O?

You can activate F&O if your equity segment is active. Resident individuals and NRO-Non PIS clients whose mobile number is linked to Aadhaar can activate derivatives (equity, currency, and commodity F&O) online via the Kite app or Console. Non-individual account holders (HUF, partnership, corporate, LLP, society, trust, etc.) can only activate F&O offline.

To activate F&O, follow these steps:

Kite app

1. Tap on user ID.
2. Tap on Profile.
3. Tap on Segments.
   
4. Tap on Activate segment, then on the segments to be activated.
5. Tap on Continue.
6. Select the income range and income proof ¹ . Select the trading experience and commodity trading classification ² to enable commodities, and tap on Choose file.
7. Accept the terms and conditions.
8. Select Email or SMS to receive the OTP.
9. Enter the OTP and click on Verify.

Console

1. Login to Console
2. Click on Account.
3. Click on Segment.
4. Click on Activate segment, then on the segments to be activated.
5. Click on Continue.
6. Select the income range and income proof ¹ . Select the trading experience and commodity trading classification ² to enable commodities and click on Choose file.
   
7. Accept the terms and conditions.
8. Select Email or SMS to receive the OTP.
9. Enter the OTP and click on Verify.

If you are activating currency F&O, you are required to eSign the RBI declaration form.

Things to keep in mind

• Activation takes up to 72 working hours.
• If you have a registered address in Sikkim, you must submit a domicile certificate to activate commodities in your account.
• Minor account holders cannot enable F&O as they cannot place intraday and F&O orders.
• Ensure that your income proof file is in PDF format and under 5 MB in size. The proof must contain the logo and seal of the concerned authority.
  

Notes

¹ Any of the following documents will suffice as income proof:

• A bank statement with the bank logo and seal in the name of the Zerodha account holder for the last 6 months, with an average balance of more than ₹10,000.
• Latest salary slip with gross monthly income exceeding ₹15,000.
• Latest ITR acknowledgement with gross annual income exceeding ₹1,20,000.
• Latest Form 16 with gross annual income exceeding ₹1,20,000.
• Certificate of net worth more than ₹10,00,000.
• Latest statement of demat holdings with current holdings value exceeding ₹10,000. (Your holdings must not be pledged)
• Latest Fixed Deposit (FD) receipt with a deposit amount exceeding ₹1,00,000.

² You need to select the classification based on the category you belong to:

• Farmers/FPOs: If you are a farmer, part of farmers' cooperatives, or belong to Farmers Producers Organisations (FPOs).
• Value chain participants (VCPs): If you are a processor, commercial user such as dal and flour miller, importer, exporter, physical market trader, stockist, Cash & Carry participant, producer, SME/MSME, or wholesaler, but not a farmer or FPO.
• Others: If you intend to trade on MCX and do not belong to the above classifications.