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iTradeOnline Demat Account Charges, Review, Opening


Zerodha (Trade with the best stock broker)

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 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 Rs 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 Rs 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 Rs 20 per executed order or 0.01% whichever is lower. Save over 60% on brokerage fee.

iTradeOnline Demat Account Opening Charges

To open a new Demat account with iTradeOnline, the customer may have to pay Demat account opening charges. The broker may also charges Annual Maintenance Charges (AMC), a yearly fee to maintain the Demat account.

ServiceCharges
Demat Account Opening FeeRegular: Rs 0, Lifetime Free AMC: Rs 1000
Demat Account Annual Charges (AMC)Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0

iTradeOnline Demat Charges

iTradeOnline trading and demat account opening charges are Rs 200. iTradeOnline charges Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 demat account AMC. iTradeOnline demat debit transaction charge of Regular Demat: 0.03% of the value of the security (Min ₹20) LIfetime free AMC Demat: 0.03% of the value of the security (Min ₹18) per debit transaction.

ID Transaction Charges
1 Demat Account Opening Charges
  • Account Opening Charges: ₹0 (Nil)
  • Document / Stationary Charges: ₹50
  • POA Stamp + Notary Charges: ₹0 (Nil)
2 Annual Maintenance Charges (AMC)
  • Regular Demat: ₹300
  • LIfetime free AMC Demat: ₹0
3 Transaction Charges (Buy) [.]
4 Transaction Charges (Sell)
  • Regular Demat: 0.03% of the value of the security (Min ₹20)
  • LIfetime free AMC Demat: 0.03% of the value of the security (Min ₹18)
5 Demat + Courier charges ₹50 per script (Up to 25 certificates) + ₹5 per additional certificate
6 Remat ₹100 per security (per 100 qty.)
7 Pledge Creation 0.05% of the value of the security (Min ₹100 per Scrip)
8 Pledge Creation Confirmation 0.05% of the value of the security (Min ₹100 per Scrip)
9 Pledge Invocation 0.05% of the value of the security (Min ₹100 per Scrip)
10 Failed Transactions ₹30 per instruction
11 Other Chareges
  • Delivery Instruction Booklet: ₹25 per booklet (10 leaves)
  • Modification of clients masters: ₹25 per instance

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. 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.

     

  2. 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.

     

  3. 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.

     

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

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

     

  5. 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 Rs 300 a year to Rs 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 Rs 1000 at the time of opening a demat account. Note that 50% (Rs 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.

     

Zerodha (Trade with the best stock broker)

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 Monday, October 1, 2018

Zerodha (Trade with the best stock broker)

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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