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

Brokerage
on Equity Delivery Trades

Brokerage for first 30 days*
On Intraday, F&O, Currencies & Commodities

Account Maintenance Charges
for first year

Process

How to Open Demat Account?

REASON

Why Open Demat Account with Queue Investment

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Investment Options

Stocks

IPO

F&O

Mutual Funds

Commodities

US Stocks

Intraday Trading

Debt Market/Bonds

ETF
ABOUT

What is a Demat Account?

Demat Account or Dematerialisation Account is used to electronically store your investments like Shares, Mutual Funds, ETFs, Bonds, Government securities etc without any paperwork.

Initially, stocks and shares used to be exchanged via physical receipts called certificates. This included lengthy paperwork and took up a lot of time. To counter this and to take advantage of an electronic trading platform which was gaining traction in West and the Asian Markets, the process of dematerialisation (demat) of shares was initiated in 1996. Physical share certificates were converted into electronic form securities of equivalent number and price and were credited to the investor's demat account. Thus, the advent of trading commenced this way.

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).
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