Open Free Demat AccountOpen Demat Account
Our Plan
iTrade Premier
Equity Delivery: INR 20 or 0.1% whichever is lower per executed order (minimum brokerage of INR 2 will be levied)
Intra-day: INR 20 or 0.03% whichever is lower per executed order
Futures, Options, Commodity. Currency: INR 20 per executed order
No dedicated manager
No premium Advisory service
20rs charge on Call & trade (per executed order)
Full sevice plan
- Equity Delivery: Brokerage charges of 0.20% + GST for all executed trades.
- Equity Intra-day: 0.02% + GST for all executed trades.
- All Futures : 0.02% + GST for all executed trades.
- Options : 35 Rs per lot each side (EQUITY INDEX) 50 Rs per lot each side (STOCK & COMMODITY)
Dedicated relationship Manager
Personalised help in financial planning
Zero charges on Advisory
Zero charges on Call & trade
REASON
Why Open Demat Account with Queue Investment
Advantages of Opening a Demat Account
- Convenience: Users can now trade for different investment options such as shares, stocks, index and gold, bonds, Government securities, initial public offerings(IPOs), Exchange traded funds (ETFs), non-convertible debentures(NCDs), mutual funds, etc which are traded on Indian exchanges (BSE/NSE) via a single Demat account with zero paperwork.
- Restrictions with Offline Trading: SEBI has permitted trading of upto 500 shares in physical form, as includes an excessive inconvenience of maintenance and tracking.
- Auto Sync: All the transactions done via Demat Account are automatically reflected in real time.
- Security: Investors need not worry about the safety of the physical share holdings or any frauds that might happen in offline trading.
- Accessibility: Investors can track and access their portfolios in real time with just a few clicks.
- Zero Balance Account Opening: Investors can open a Demat account with Zero balance.
Common Terms of a Demat Account
While using a Demat Account, you will come across the below terms often:
- Depository: At present, two depositories are registered with SEBI (i) CDSL - Central Depository of Securities Ltd. (ii) NSDL - National Depository of Securities Ltd. These depositories hold your demat account on your behalf. The work is similar to that of a bank.
- Depository Participant(s)(DP):All investors deal with the depository (CDSL/NSDL) through an agent. Financial institutions, scheduled commercial banks, foreign banks having operations in India approved by RBI (Reserve bank of India), stock brokers, clearing corporations or houses, state financial corporations, NBFCs, share transfer agent, etc., which comply with the conditions proposed by SEBI can be registered as a DP. Banking services can be availed through a branch; similarly depository services can be availed via a DP.
- Portfolio Holding:The demat account enables you to view your portfolio holdings of investments every time a transaction is undertaken. Since it is an automated process every purchase and sale is recorded with the minutest details of price, date of purchase or date of purchase, quantity etc.
- Unique ID:Every single demat account has a unique verification identity number. This is used during transactions to aid the companies to identify and credit the securities in the specific investor's account. It is a unique 16 digit number, the first eight digits are the DP id, and the last 8 are the Client Id ( investor account).