Access futures and options trading on icicidirect login
Let me explain what can be done with each of these accounts:. This can be done, either online or offline. In an offline Trading Account, the only way you will be able to trade is by calling your broker or by visiting his premises.
At Zerodha we offer only online Trading Accounts and you will have an option to trade either through a software based platform, a web based platform or a mobile application. So what it means is if today T day you make a profit of Rs.
You can however utilize the Rs. There are no Annual Maintenance charges for a Trading Account. Dematerialized Account popularly known as Demat Account, is the account where you keep stocks in electronic format. Similar to how a Savings Account access futures and options trading on icicidirect login you to keep money in electronic access futures and options trading on icicidirect login, a Demat account allows you to keep stocks in electronic format.
In essence a Demat Account is a safe storage for your stocks and this is the only use of a Demat Account. Once the stock is in your Demat Account, you can keep it for as long as you want. If you make profits you get it the next day, but if you make a loss it is debited the same day. Demat account is not required.
I have an equity trading account with Zerodha. Vishal, DP charges is in terms of debit transaction. So for eg, if you have sold 10 shares of reliance 3 times in a day, all the 30 shares at the end of the day is debited at one time from your demat, so the DP charge is only once Rs But if you sell reliance and Tata steel, you will be charged DP charges twice. One quick question, I access futures and options trading on icicidirect login not seem to find any legal embargo on having two trading accounts even with the same broker — say, one may be for my active trading whereas the other may be for my investment related portfolio.
Can you pls guide me with the legal regulations restricting a broker to open two trading accounts with the same broker for the same individual? Everytime an account is opened, broker updates it on the exchange with PAN.
I have a different question but related to previous thread. Moreover I am not a client of zerodha. Is it possible to manage other person account friend account? If so, Is there any link with my account and their account and How they will pay for me for managing their account? If you want to take money for advisory, you have to become a registered investment advisor. They charge too much for the delivery based trading. I only follow buy-hold strategy for Months. If yes, normally what charges I have to incur for demat to demat shares transfer?
Once they receive, they will transfer it to your new Zerodha demat. You will have to find out from them. Siva, yes it is possible. Link your icici demat to our trading account by giving your icici client master sheet which they would have sent to you when you have opened the account with them. Once it is mapped to your trading account, you can start buying as CNC, so everytime you buy shares it is sent to your icici demat, but when you want to sell these shares, you have to do it through icici.
So by mentioning existing ICICI demat account id in the account opening form, will the zerodha trading account be linked to the icici demat account? You might have received such an email from ICICI or if you login to your trading account it should also be updated in your user profile, you can take a snapshot of this and print it out…. I have a demat account in Ventura. Yes you can link your ventura demat to Zerodha trading account, so this way access futures and options trading on icicidirect login can take delivery, but to sell it from your demat you will have to use the ventura trading account.
Do you offer such an account? Do you allow BSDA account at present? But to be eligible for BSDA, you need to have only 1 demat account and your holdings should never exceed Rs 2lks. If either of the above happens, in that case the applicable AMC will be charged. What will be the AMC charged if it crosses 2Lacs? Would you also charge demat account opening fees retrospectively if BSDA goes above 2 lacs limit? We have received your request and created the ticket You can click on the link to view and track the progress of your ticket online.
Really sorry about any inconvenience caused Yuvesh. Let me check with our team first thing tomorrow morning and get them to call you back. Or in CNC order taking delivery I will charged differently. Note that for a BSDA, your holdings cannot be worth more than 2 lakh rupees.
If you cross this limit, the account automatically becomes a regular demat account. The trading platform we offer is called Zerodha Trader softwareZerodha Web webbased and Zerodha mobile. Yes like other brokers when you place an order on the platform it is sent directly to the exchanges. You get margin from your demat account based on NSE haircut margins. Yes shailendar, you will be able to buy through both icici and zerodha.
But while selling, you will have to do it only through icici. Demat is very similar to your bank account, you can receive money from any account, but when you are transferring it out you have to use your primary bank. I am currently outside India, so will the attestation of photocopy of my passport done by a competent authority in my current location, be a accepted by zerodha as a valid address proof?
Yes that should do, we will access futures and options trading on icicidirect login that as an address access futures and options trading on icicidirect login, we would also do an In person verification over a webcam once your forms are here based on your convenience. If this process was already done by another broker then it will not be required to do an IPV.
I am outside india as well. I do not have my permanent Indian address in the passport. And FYI, i have icicidirect 3 in 1 account already and like to move to Zerodha. I am more of a investor than a trader. You will need to map this PIS of yours with our trading account. When you do this, ICICI will share your account balance with us which will be updated on the trading platform, everytime you buy or sell, we will report the contract notes to ICICI and they will release the funds or when you sell the funds will automatically get credited to your ICICI Bank account.
So yes you can use your international address, but you will have to give us a declaration that you are an Indian resident. I have demat account with geojit bnp paribhas. I have opened trading account with zerodha but is not activated due to inperson verification. I have demat and trading account with geojit bnp paribhas which have done my in person verification.
Do i still require ipv…. But if there is any mismatch in the KRA to the documents you have provided, it will have to be done again. With that account whether she can trade in currency. If yes how to activate this service in that acount? Currency would most likely be enabled if while opening the trading account your wife had signed next to currency segment. To know if you are enabled or not, log into backoffice and see in your user profile.
The other way to find if you are enabled or not is while adding scrip on your market watch, if you see CDS, then it means it is enabled. If not enabled, you will have access futures and options trading on icicidirect login sign the segment addition document and courier it to us.
The form access futures and options trading on icicidirect login available on https: I have some shares in that DMAT account. If it is not possible, Am I allowed to open only trading account with Zerodha.
You can also open only trading account with us, but the issue with this will be that when you buy shares it will go to your idbi demat, but you cannot sell the shares sitting in your idbi demat using the zerodha trading account. Thanks for the reply. I have some follow up questions. I am thinking of opening a trading account with Zerodha for only for intraday and derivatives options trading. Am I allowed to have two trading accounts one with Zerodha and the other with another broker 2. If I am allowed, will I be able to operate my existing account the way I am doing today or will I have restrictions on that account.
I don;t intend to buy shares for delivery throuh Zerodha access futures and options trading on icicidirect login account. However if in any circumstances, if I buy them how will I sell them. Yes Kumari, you can have as many trading accounts as you want. You could just open a trading account with us.
Your existing IDBI account will continue to operate just the way it is now, nothing will change. When you link your idbi demat to your zerodha trading account, whenever you buy stocks, the stocks will be delivered to your idbi demat account. You can then sell it using the idbi trading account. Dear sir, I wanna join zerodha as an investor cum trader. I have some doubts. Please answer if time permits…. I want access futures and options trading on icicidirect login know whether there are any option for lifetime AMC free for demat account.
How can we transfer funds both in and out to zerodha trading account. Which banks are registered for fund transfer.
It offers you a unique 3-in-1 feature, which integrates your Brokerage, Bank and one or more Demat accounts. This means that you can buy and sell shares and forget about the hassles of settlements. Online investing is just a click away and settlements is no longer a problem. What is the 3-IN-1 concept? You can choose the branch closest to you to open your bank account. Can I have multiple Demat Accounts linked to e-invest account? Yes, you can link multiple Demat accounts to your e-Invest accounts with a maximum of 5 accounts.
Can I have multiple Bank accounts linked to my e-invest account? No, as of now you can only link one Bank account to your e-Invest account. To avail of the advantage offered by the integration of the brokerage, Bank and the Demat account, all the three accounts will have to be opened with ICICI group. Who is eligible for this service? How do I request a form? You can request our representative to visit you Select Cities Only by registering online through our website.
I have sent in my application, what happens next? Your application will be processed and you will be informed once your application is accepted and all the required accounts are set up. In case your application is not processed because of lack of some details, you will be contacted by our representative or by mail.
How do I know my application has been accepted? As soon as your application is accepted, we will inform you by e-mail and mail. In case, you login and your application has been accepted, you will be prompted to change your password.
Do I have to maintain any minimum balance in my Bank Account? Accounts opened after 31st Dec need to maintain a quarterly minimum balance of Rs.
Yes, you just need access futures and options trading on icicidirect login tell us the account details and we shall link up your existing accounts with ICICIdirect e-Invest account for online investing.
You can link up only an existing Bank account or only one or more Demat account s or both the existing Bank account and Demat Account s. What type of Bank Account can I use with my e-invest account? You can specify the account in the form and it will be linked with your e-Invest account.
How frequently will I be able to know the status of my accounts? The status of your Bank, Demat and e-Invest account shall be available to you completely online 24 hours a day through the Internet. You will be able to access all details regarding your orders and trades on the website. You will be able to see the results of your trade reflected in your Bank and Demat account on the very day of the settlement, without waiting for the statements from the DP and the Bank.
The Bank account opened with your e-Invest account is an Infinity Bank account. Infinity service can be accessed on the website www. Apart from allowing you to access your transaction history and current balance, Infinity allows you to transfer money from one account to another and also make online bill payments in Mumbai.
If you have opted for a new online bank account of have opted to link up your existing saving account which was not registered with Infinityyour Logon ID and Access futures and options trading on icicidirect login will be mailed to you separately.
I am a new customer and have just been informed that my ICICIdirect e-invest account has been set up. How do I make my first trade? Please check our comprehensive section on Trading Guide. I want to buy some shares. I do not have any money in my Bank Account. What do I do? In case of a cheque, the money should come into your Bank account as soon as the cheque is cleared. Once you have funds in your bank account, you need to allocate the required amount for trading.
Alternatively you can sell some shares from your Demat Account in the Cash Segment and use the money to purchase the shares you want to buy. The amount of money required before placing a buy order or a margin sell order would depend on the value of the order. I have deposited a cheque but I am still not able to place a purchase order: There could be two reasons for this either the cheque is not cleared or you do not have adequate Trading Limit.
Please check your Bank balance to find if you have adequate money in your Bank account. It is possible that there could be some delays in clearance access futures and options trading on icicidirect login the cheque. Even if you have adequate money in your Bank account you will get limit only after you allocate some money for trading or investment. Can I withdraw the amount allocated for trading? The way you can allocate funds for trading, you can always reduce the amount allocated by you for trading to the extent that the amount allocated has not been blocked on account of orders placed by you.
Once any amount is deallocated, it can be withdrawn from the bank. Can I borrow or get a line of credit against my Demat Account?
Currently, we are not offering this service. But, we are evaluating ways to add to our product range. We would appreciate if you could give us feedback on the facility you want. On which exchanges will I be able to buy and sell shares? What kind of orders can I place? You can place both market and limit orders. Limit Order is an access futures and options trading on icicidirect login to buy or sell securities in which you specify the maximum price per unit in case access futures and options trading on icicidirect login a Buy order and the minimum price per unit in case of a Sell order.
The actual transaction can be at a price more favourable than the price specified. Market Orders in NSE: This is an order to buy or sell securities at the best price obtainable in the market at the time it is matched by the exchange.
Therefore, chances of its getting executed are better. In case of market orders for NSE, all market orders placed which are not executed become limit orders at the last traded price. Where a market order is not executed fully, it becomes a limit order for the balance quantity at the last traded price.
Market Orders in BSE: Explanation Market orders can be placed only during market hours i. Which shares will I be able to buy and sell? You will be able to buy and sell all shares in the Cash Segment that are traded in the compulsory dematerialised form on the exchanges. As of date, there access futures and options trading on icicidirect login more than such shares. More and more shares are being added to this category every month by the regulatory authorities. Of these shares, you access futures and options trading on icicidirect login place orders for select shares in the Margin Segment.
Do I get online confirmation of orders and trades? Yes, you get online confirmation of orders and trades - the status of any order is updated on real-time basis in the Order Book. As soon as you place your order they are validated by the system and sent to the exchange for execution. The entire process is fully automatic and there are no manual interventions.
Is it possible that an order is accepted by the exchange but a trade does not take place against it? Is an order access futures and options trading on icicidirect login executed for the full quantity? Is it always executed at one price? In case of a limit order, it might remain totally unexecuted if there are no matching orders. For example, if you place a sell order for shares Rs. It might remain totally unexecuted access futures and options trading on icicidirect login there are no buy orders for the share for a price of Rs.
Further, an order can get executed for any quantity less than or equal to the order quantity. On part execution, the original order is converted into an order for the balance quantity against which another trade can happen.
Since these are different trades, it is possible that the trades access futures and options trading on icicidirect login executed at different price. In case of market orders placed on NSE, even a market order might remain unexecuted if there are no matching orders. In such cases, the unexecuted portion of the market order is converted into a limit order at the last traded price for the balance quantity.
For example, when the last traded price of a share was Rs. In case there are no or insufficient orders for buying shares, the unexecuted market order is converted automatically into a limit order to buy sell shares at a price of Rs.
In case the order was partly executed and the last execution took place at Rs. In case of market orders placed on BSE, all buy market orders go to the Exchange with the price of the best offer and all sell market orders go to the exchange with the price of the best bid offer. In case at that point of time it is found that that particular bid or offer is no longer present in the exchange this market order gets cancelled by access futures and options trading on icicidirect login exchange.
In case of part execution of market order, the remainder order gets converted into a limit order at the last executed price. Can I modify my order? Yes, you can modify an order any time before execution. You can do this by accessing the Order Book page and clicking on the hyperlink for 'Modify' against the order which you wish to modify. However, you cannot modify your order while it is queued with the exchange, i. In case the order is already partly executed, only the unexecuted portion of the order can be modified.
Can I cancel my order into the system?