FREE Account Opening + No Clearing Fees

Open iTradeOnline Account (iTradeOnline Account Opening Process, Documents and Charges)

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

iTradeOnline Account Opening Charges 2024

iTradeOnline account opening charges are Rs 0 (Free) for a trading account and Regular: Rs 0, Lifetime Free AMC: Rs 1000 for Demat account. iTradeOnline charge Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 AMC for Demat account.

Trading Account Opening ChargesRs 0 (Free)
Account AMC ChargesRs 0 (Free)
Demat Account Opening ChargesRegular: Rs 0, Lifetime Free AMC: Rs 1000
Demat AMC (Yealy)Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0

iTradeOnline is a Noida based SEBI registered online stock broker. iTradeOnline offer trade in Equity, F&O, Currency and Commodity at BSE, NSE, and MCX.

iTradeOnline is a discount stock broker. They offer low-cost online trading through one simple trading plan. This 'Pay Per Trade' plan charges flat Rs 20 per trade or 0.01% whichever is lower brokerage fees. The same plan is available across trading segments and exchanges. This plan doesn't require any turnover commitments or upfront (prepaid) brokerage. It's a flat rate 'pay as you use' scheme.

iTradeOnline is a discount brokerage service of Trustline Securities. Trustline is a full-service broker offering various financial services since 1989.

iTradeOnline could also opt for advisory services and wealth management services through parent company Trustline.

Key Facts

  • iTradeOnline Discount Brokerage Services were launched in April 2018.
  • Member of SEBI, BSE, NSE, MCX, NCDEX, CDSL, and NSDL.
  • Part of Trustline Securities, 2 decades old full-service broker with 400+ branches.
  • Offer 1 simple trading plan across segments and exchanges.
  • Charges brokerage of flat Rs 20 per executed order or .01% whichever is lower.
  • Services offered including asset management, capital market advisory and brokerage services in commodities, equities, and derivatives.

Product Offerings

  • Online Trading
    • Equity Trading at BSE, NSE
    • Commodities Trading at MCX
    • Currency Trading at NSE
  • Depository Services (Demat Account)

iTradeOnline Brokerage Plans

RMoney offers 1 trading plan to its customers:

  1. Pay Per Trade Plans
    • Pay flat Rs 20 per executed order or 0.01% whichever is lower brokerage
    • Same brokerage fee across segments and exchanges irrespective of the size of the order.
    • Call & trade is available at additional cost of Rs 20 per executed order.
    • All trading platforms are available for free

Account Opening Process at iTradeOnline

You could open an account in 2 ways:

  1. Online Account Opening (Instant Paperless)

    eKYC and Aadhar integrated instant paperless account opening is available. This is the fastest way to open an account if you are eKYC compliant and you Aadhar linked with the correct phone number. Simply fill the online form and upload softcopy few documents requested. Your account is opened instantly.

  2. Request Account Opening Forms

    Call iTradeOnline customer service to request for paper account opening forms. The forms are couriered to you. You could fill these forms, sign them, attached required documents and send it to the address provided in the form.

Documents needed for account opening

Following documents are required to open the trading and demat account:

  1. AADHAR Card
  2. PAN Card
  3. Address Proof
  4. Latest Bank Statement with IFSC/MICR Code
  5. Canceled Cheque
  6. Passport Size Photo

Note that additional documents are required in case you would like to trade in derivatives segments.

Check Account Opening Status

It takes 24 hrs to open an account once the signed forms are received and all the documents are in correct order.

You can track your application at by entering your PAN.

In case you need further assistance, please call customer services or visit your branch to know the status of your account.

Account Opening PDF Forms

Most customers prefer to fill the account opening forms online. This process has required validation in place to reduce errors.

You could also open an account by downloading the PDF account opening form, requesting a form through courier or visiting a branch to get the forms.

iTradeOnilne Account Opening PDF Forms can be downloaded from the following webpage:

Account Closing

Trustline iTradeOnline offers 2-in-1 account (a trading and a demat account). If you don't need the accounts anymore, you could close them anytime.

iTradeOnline Accounts Closing Steps

Before you request the account closure, please settle all open positions in your trading account, sell or transfer all the holdings in your demat account and clear all dues with the broker. Once everything is clear, follow the below steps to close your account:

  1. Write a letter to the broker requesting account closure.
  2. Attach a self-attested copy of your ledger.
  3. Attach the left out DP Slips, if any.
  4. Sent it to the Trustline office or submit it to your nearest branch.
  5. Get the receipt from the broker if you are submitting this request at a branch.


  • The application is processed within 3 days of the form receipt.
  • The balance fund and demat holdings (if any) are transferred to the designated account mentioned in the account closer form.
  • The account closure intimation and final statement of the accounts for the fund and demat holdings are sent to the client through registered post.

Also Note:

  • The account cannot be closed online, through email or phone calls.
  • The physically signed application is required.
  • If there are multiple account holders on the account, each one has to sign on account closing form.

The follow-up for account closure is very important. If you do not get confirmation in 15 days, contact the customer support to check the status.

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Frequently Asked Questions

  1. 1. How much time does it take to open an account with iTradeOnline?

    The account is opened in 24 hours once the broker receives the complete account opening form and the required documents. The account opening status can be checked online.


  2. 2. What all documents are required for account opening with iTradeOnline?

    Following self-attested documents are required:

    • Aadhaar Card (Proof of Identity)
    • PAN Card (Proof of Identity)
    • Latest Bank Statement with IFSC/MICR code and address (Proof of Address)
    • Canceled Cheque


  3. 3. Why does broker require a Power of Attorney (PoA) for the iTrade demat account?

    The PoA gives limited rights to the broker to withdraw shares from your trading account to settle the sell transaction in your linked trading account. Without PoA, the broker cannot withdraw the shares from your demat account and thus cannot complete the sell transaction.


  4. 4. Can I open an iTradeOnline account at Trustline Securities Branch?


    For iTradeOnline, the account has to be opened online. You cannot visit the branch/sub-broker or franchise office to open an iTradeOnline account.


Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Information on this page was last updated on Thursday, November 23, 2023

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


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