Open Trading Account

Step 1

Choose an online brokerage firm you want to open an account with. Compare brokerage charges, platforms, and research services before selecting one.

Step 2

Visit the broker’s website and click on the account opening or register link. Fill out the online application form with your personal and KYC details.

Step 3

Upload scanned copies of your KYC documents like PAN card, Aadhaar card, passport size photograph etc, as per the broker’s requirement.

Step 4

E-sign the online trading account opening form and submit it. Your application will be verified by the brokerage firm.

Step 5

nce your trading account is opened, you will receive login credentials on your registered email ID and mobile number.

Step 6

Log in to your trading account dashboard. Place your first buy/sell order and start investing in stocks, derivatives, mutual fundsetc.

Eligibility & Documents Required for Online Trading Registration

Trading account fees and charges can vary depending on the brokerage firm and the type of account you have. Here are some common fees and charges you may encounter:

Account opening fee

This is a one-time fee charged when you open a new trading account.

Annual maintenance fee

This is an annual fee charged for maintaining your trading account.

Commissions

This is a fee charged by the brokerage firm for executing trades on your behalf. It is usually a percentage of the total trade value.

Spread

This is the difference between the bid and ask price of a security, and it is a cost that traders incur when buying or selling securities.

Inactivity fee

Some brokerage firms charge an inactivity fee if you do not trade for a certain period of time.

Margin interest

If you trade on margin, you may be charged interest on the borrowed funds.

Data fees

Some brokerage firms charge fees for accessing market data, such as real-time quotes and news feeds.

It is important to carefully review the fees and charges associated with your trading account before opening it to ensure you understand the costs and are comfortable with them.

Investors may consider opening a trading account with Religare if they are looking for:

• Experience:

  Religare has been operating in the financial services industry for more than two decades, which could give investors peace of mind that they are working with a company that has a proven track record.

• Diverse investment options:

  Religare offers a range of investment options, including equities, derivatives, commodities, currencies, mutual funds, and more. This could provide investors with the flexibility to build a diversified portfolio.

• Technology:

  Religare’s trading platforms offer advanced technology features such as real-time quotes, charting tools, and research and analysis tools, making it easier for investors to stay informed and make informed trading decisions.

• Professional support:

  Religare offers professional support from financial advisors and research analysts who can provide guidance and insights to help investors make informed decisions.

• Low brokerage fees:

  Religare may offer competitive brokerage fees compared to other brokerage firms, which could help investors save money on trading costs.

It is important to research and compare multiple brokerage firms and trading account providers to find the one that best suits your individual needs and preferences.

• Access to financial markets: Trading accounts allow you to buy and sell a variety of financial instruments, such as stocks, bonds, commodities, currencies, and derivatives, giving you access to global financial markets.
• Diversification: Trading accounts allow you to diversify your portfolio by investing in different asset classes and industries, spreading your risk and potentially increasing your returns.
• Professional support: Many trading accounts offer professional support from brokers and financial advisors who can provide guidance and help you make informed investment decisions.
• Flexibility: Trading accounts can offer you the flexibility to trade at any time, from anywhere, using a variety of devices such as computers, tablets, and smartphones.
• Potential for high returns: Trading accounts can provide the potential for high returns, especially if you are willing to take on more risk and have a well-diversified portfolio.
• Low costs: Trading accounts can offer low costs for trading compared to other investment options, especially if you choose a discount brokerage firm

Overall, trading accounts can be a valuable tool for investors looking to build their wealth and achieve their financial goals. It is important to remember, however, that trading also carries risks, so it is important to educate yourself and invest wisely.

Here are the key benefits of opening an online trading account in India:

• Convenience: Seamlessly buy and sell securities from anywhere, anytime via trading apps and web platforms.
• Real-time trading: Place instant orders and take advantage of market movements and trading opportunities.
• Wider choice: Invest in stocks, derivatives, IPOs (Initial Public Offering), mutual funds, bonds, commodities etc, from a single account.
• Lower brokerage: Online brokers charge very low brokerage compared to traditional brokers.
• Advanced tools: In-depth research reports, technical analysis tools, and live market feeds for informed trading decisions.
• Safety: Trading platforms offer reliable security measures like 2-factor authentication, PIN locks, paperless account opening, etc.

Religare offers a fully digital trading account with useful features:

• Paperless account opening using Aadhaar-based eKYC. Convenient and instant.
• Multi-segment access to invest in equity, derivatives, currency, commodities, and mutual funds from a single account.
• Innovative plans like Religare Elite for premium customers and Religare One
• for long-term delivery-based trading.
• Research and insightsfrom experienced analysts and detailed Knowledge Centre to guide your investment decisions.

Here are some tips to keep in mind when opening your trading account online:

Explore Our Knowledge Center on Online Trading