Chittorgarh.com
Free Trading + Demat Account

iTradeOnline Demat Account Charges, Review, Opening


iTradeOnline is an online financial service provider. iTradeOnline offer trading at BSE, NSE, MCX, and NCDEX. iTradeOnline also provide services like Demat Account, MF's, Insurance, Corp FD's, Bonds and Investor Advisory services through its parent company Trustline Securities.

Depository Services or Demat Account is one of the key offering from iTradeOnline. The demat account offers a safe, secure and hassle-free investment in Shares, Mutual Funds, IPOs, Bonds, NCDs etc.

iTradeOnline Demat Account is linked with its Trading Account. This 2-in-1 account offers seamless transactions of shares between these two accounts.

iTradeOnline DP Membership Detail

iTradeOnline (Trustline Securities Ltd) is the depository participant (DP) of CDSL and NSDL. Note that CDSL and NSDL are only two depository services providers in India. The DP like Trustline Sec open/activate/service the customer demat account.

CDSL is short of Central Depository Services India Limited, and NSDL is short of National Securities Depository Limited.

iTradeOnline Membership Info:

  • CDLS - SEBI Registration Number: IN-DP-CDSL-154-2001
  • CDSL - iTradeOnline CDSL DP ID: 12024200
  • NSDL - SEBI Registration Number: IN-DP-NSDL-322-2009
  • NSDL - iTradeOnline NSDL DP ID: IN303743

10 Reasons to open Demat Account with iTradeOnline (Trustline Securities)

  1. Account Opening Charges: Nil
  2. Lifetime FREE AMC Demat Account is available by paying ₹1000 one-time fee. (50% discount is available as limited time special offer.)
  3. Manage your demat account online. 24*7 access through an online portal.
  4. Visit one of the 400+ branches to get services related to demat account.
  5. Basic Service Demat Account (BSDA) is available for holding a value up to ₹50,000.
  6. Corporate benefits like dividends, bonus, interest etc directly deposited in your demat.
  7. Invest online in MFs, Corporate FDs, and Insurance etc.
  8. Trustline is a depository participant of both CDSL and NSDL. You could choose one of these.
  9. Online trading is available at BSE, NSE, and MCX.
  10. Trade at flat ₹20 per executed order or 0.01% whichever is lower. Save over 60% on brokerage fee.

iTradeOnline Demat Acct Opening Fee

To open a new demat account with iTradeOnline, customer has to pay demat account opening fee. Most share brokers also charge Annual Maintenance Charges (AMC). AMC is yearly fee charged to the customer to maintain the demat account with the broker. Find the iTradeOnline Demat Account Opening Charges and iTradeOnline AMC as below:

  • iTradeOnline DP Account Opening Fee: Regular: ₹0, Lifetime Free AMC: ₹1000
  • iTradeOnline DP Account AMC: Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
  • Share Debit Transaction Fee: 0.03% of the value of securities (Minimum ₹15)
  • Is demat account mandatory?: No

iTradeOnline Demat Account Charges

iTradeOnline Demat Fees

Particulars

Plan A (Regular Demat)

Plan B (Lifetime Free AMC)

Account Opening

Nil

Annual Maintenance Charges (AMC)

₹300

Nil

One Time Fee (Lifetime AMC)

Nil

₹1000

Document + Stationary Charges

₹50

₹50

POA Stamp + Notary Charges

Nil

Incoming of Shares

Nil

Outgoing of Shares (Off Mkt / Inter-DP) – Per Instruction & Per Scrip

0.03% of the value of the security (Min ₹20)

0.03% of the value of the security (Min ₹18)

Pledge Creation/Closure/Invocation – Per Instruction & Per Scrip

0.05% of the value of the security (Min ₹100 per Scrip)

Demat Processing Charges

₹50 per script (Up to 25 certificates) + ₹5 per additional certificate

Remit Processing Charges

₹100 per security (per 100 qty.)

Delivery Instruction Booklet

₹25 per booklet (10 leaves)

FAQ's

  1. Is Demat Account mandatory with iTradeOnline?

    No.

    Traders who are planning to trade only in F&O (Equity, Commodity or Currency), doesn't require demat account.

    Discuss this question

  2. Who can open a demat account with iTradeOnline?

    Individual (an adult or a minor), Corporate, Partnership Firm, Trust, HUF, Unincorporated Association or a Body of Individuals, Banks/Institutional Investors, Foreign Institutional Investors (FII), Army/Government Bodies and Registered Society.

    Discuss this question

  3. Does iTradeOnline offer a Minor Demat Account?

    Yes, you could open a minor demat account with iTradeOnline. Note that in case of a Minor account (demat or trading), the legal guardian (either of the parents) has to be appointed. The documentation of the guardian has to be provided at the time of account opening.

    Discuss this question

  4. Can I open a joint demat account with iTradeOnline?

    Yes, a joint demat account can be opened with 2 or 3 joint holders.

    Discuss this question

  5. What is LifeTime FREE AMC Demat Account offered by iTradeOnline?

    Depository Participants like iTradeOnline (Trustline Securities) charge Annual Maintenance Charges (AMC) from the customer, irrespective to you do any transaction or not. This is a fixed yearly amount customer have to pay to keep the demat account active. This Demat AMC amount ranges from ₹300 a year to ₹1200 a year based on the DP service provider.

    iTradeOnline offers a lifetime zero AMC demat account. To get this facility customer has to pay one-time fee of ₹1000 at the time of opening a demat account. Note that 50% (₹500 off) disount is available for limited time.

    The customer doesn't have to pay yearly fees (know as AMC) in this plan.

    Note that you could opt for plan anytime by submitting an application.

    Discuss this question

Information about iTradeOnline demat account, iTradeOnline demat account review, iTradeOnline demat account charges, iTradeOnline demat account opening, iTradeOnline dp charges, iTradeOnline demat charges, and iTradeOnline dp id.


Comments

No comments found. Be the first to post a comment.




Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App