Tradingo Demat Account Opening

Tradingo, a premium full-service stockbroker supported by Swastika Investmart, has come up with premium services for its clients. To reap the benefit of its services, here we are with the complete information on Tradingo Demat Account opening. 

Trading provides the platform for 2-in-1 account opening thus giving you the benefit of both Demat and trading account. No doubt the broker comes up with unique features and benefits.

So, without any further delay, let’s get straight into the opening process, and then we’ll also cover the charges to be paid for opening Tradingo Demat Account. 

Tradingo Demat Account Opening Process

Although the opening procedure of Demat Account with any broker is fairly similar, still better to get a demo beforehand so that you don’t make any mistakes that might lead to the application getting stuck in processing or verification.

Since the process can be completed online using the website or the downloadable app, we are giving you a run-through sequentially arranged. So, let’s begin:

Step 1: Open the Tradingo website. And begin the signup process by entering your phone number.

Step 2: Fill up the boxes with email id and phone number, then press continue.

Step 3: Enter the 6 digits OTP received.

Step 4: Enter the contact details like mobile number and email address. Then press continue.

Step 5: Now enter PAN details as well as the DOB as mentioned on the PAN card. 

Step 6: Now enter basic info like Name, Father’s name or Spouse’s name, Mother’s name and then Marital status and Gender.

Step 7: For the Regulatory Information form, fill in details like the name of the person who can trade on your behalf, annual income, occupation and political associations if any.

Step 8: Upload documents like PAN and Signature and then click Continue.

Step 9: Upload any additional documents and then click Continue again.

Step 10: Select the plan you want to opt for trading. 

Step 11: In this step, you can review all the details before submitting.

Step 12: Click the “yes” button if your number is Aadhar linked.

Step 13: Fill Check box “ I have checked PDF “.

Step 14: Simply click on OK on this window.

Step 15:  In this final NSDL step, enter the Adhaar number, generate OTP, and fill in the OTP column.

Step 16: On successful completion of all the above steps, you’ll see this window on the app. All you have to do now is, submitting of the client code generated to the KYC Team. That’s it, now sit back and wait for verification. 

All in all, this application process will take no more than a few minutes. Whether you are using the app or the web portal, the process essentially remains the same.

So, now that you know how to open a demat account, in the next section, we’ll clear some air over the charges you’ll have to pay at the time of account opening. Read on.

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Tradingo Demat Account Opening Documents

As you might have figured out from the above guide, certain documents are required to enter details or directly upload to complete the Tradingo Demat Account opening process.

The documents that you’ll need will also depend upon the trading segment you are planning to trade in. For example, if you wish to trade in segments excluding Futures and Options, then you’ll need these enlisted documents:

1. Your PAN Card.
2. Any of the following valid Govt. approved address proof:
   1. Aadhar Card
   2. Driver’s Licence
   3. Passport
   4. Voter’s ID
   5. Ration Card
   6. Registered lease or sale agreement of residence
   7. Insurance copy
   8. Utility bills like telephone, electricity, or gas (not more than three months old)
3. A bank proof that has your name, account number, and IFSC code. You’ll also need to upload a:
   1. Canceled cheque

OR

1. Bank statement/Passbook (last 3 months).

Supposing that you are also interested in F&O trading, you will have to furnish income proof in addition to the documents mentioned earlier. For income proof, you have three choices: 

1. Bank account statement or Passbook (last 3 months).
2. Income tax returns (last 1 year).
3. Salary slips (last 3 months).

One last piece of advice here is that you should ensure the authenticity of the documents you are uploading. Why? Simply because this practice will help in avoiding rejection of your application. 

In other words, you don’t have to worry about the verification process if you take care of the authenticity of the documents and the information entered in all the steps of the account opening process.

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Tradingo Demat Account Opening Charges

As it is with every full-service broker, you don’t have to pay any charge when you apply for a Demat account on Tradingo. So yes, it’s absolutely free of cost.

Hence it’s really astounding that you don’t have to pay any additional charges for using this platform. This zero charge for account opening makes Tradingo an exciting choice. But the uniqueness lies in its tech-sound platform. Its advanced software maintains a speedy and secure trading environment.

Now, let’s see how fast you can start trading with your new Tradingo Demat Account.

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Tradingo Demat Account Opening Time

Tradingo understands that you are eager to start your trading journey. That’s why, within 6-8 hours of submitting the online application, you will receive a login id and password for your Demat account.

And depending on your plan, you will also be able to access Tardingo’s Justrade Pro trading platform, for which you’ll receive a login Id and password immediately as well.

In comparison to other brokers, Tradingo is able to make the Demat account accessible to the customer in a much shorter wait period. That’s really commendable, isn’t it!

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Conclusion

Now you know, precisely, how to open a Tradingo Demat account and all the related details like documents required, charges, etc. So what are you waiting for? The sooner you apply for an account, the sooner you can start trading.

And, in case you are looking to switch from your current broker, Tradingo is just the thing for you. Its integrity and reputation are built on the success of Swastika Investment Ltd, a company with 28 years of experience. 

If you are still unsure and would like to read more about Tradingo, then have articles covering every component, feature, plan offered by Tradingo. Just click on the links and read.

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Start trading with the premium stockbroker now by opening a Demat account online for FREE!

 

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