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Tradingo Demat Account Charges, Review, Opening


Tradingo is an online discount broker backed by Swastika Investment Ltd with a stockbroking experience of more than 29-years. Tradingo offers 2-in-1 account services to its customers that include a Trading and Demat account. Tradingo Demat account is an online account where Tradingo customers can keep their shares, mutual funds, ETF in electronic format.


Tradingo Demat review

Trading offers free Demat account opening and charges Rs 250 towards annual maintenance charges (AMC).

Tradingo is a depository participant with both depositories of India - National Securities Depository Ltd (NSDL) and Central Depository Services India Ltd (CDSL). Through its membership with NSDL and CDSL, Tradingo offers the Demat Account and other depository-related services to its customers. Tradingo Demat account helps to invest in shares, IPO, and mutual funds.

Tradingo Demat Account is safe and secure. Similar to all other brokers, Tradingo acts as a facilitator of Depository services. The shares you hold in the Demat account remain with the depository and not with Tradingo.

Key Features of Tradingo Demat Account:

  • Access securities such as stocks and mutual funds online.
  • Keeps Securities in dematerialized form.
  • Seamless transaction by linking Tradingo Demat account with Tradingo trading account.
  • Eliminate chances of physical theft and damage of physical paper of securities holding.
  • Depository membership with NSDL and CDSL.

Tradingo Demat Account Opening

Tradingo Demat account can be opened online or offline by visiting the branch office. The online account opening is instant, convenient and easy.

Steps to open Tradingo Demat account online

  1. Visit the Tradingo website.
  2. Sign Up with your mobile number and email id.
  3. Fill the online application form.
  4. Upload the documents.
  5. E-Sign the account opening form based on Aadhar No.

Steps to open Tradingo Demat account offline

  1. Download Tradingo Account Opening Form.
  2. Fill the form as per the given instructions.
  3. Attach the supporting documents like identity proof and address proof.
  4. Submit the documents to the nearest branch office.

You can also contact sales. A company representative will connect with you and assist in the end-to-end account opening process.


Documents Required to Open Demat Account

Following documents are required to open an individual demat account with Tradingo:

  • Two passport size photographs
  • PAN card copy
  • Address Proof copy
  • Bank proof (one cancelled cheque and last 6 month's bank account statement)

Tradingo Demat Account Closure

You can close your Tradingo Demat account anytime you wish. It is advisable to close the Demat account when not in use, as it attracts maintenance charges.

To close the Tradingo Demat account, you need to submit the account closure form to the nearest Tradingo office. The Tradingo Demat account closure form is available on the Tradingo website under the Downloads section available at the footer of the website.

For a detailed Tradingo Demat account opening and closure process, read Tradingo account opening Process Review.


Tradingo Demat Account Opening Charges

To open a new Demat account with Tradingo, 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 FeeRs 0
Demat Account Annual Charges (AMC)Rs 250
Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

Tradingo Demat Charges (Resident Retail Customers)

Sr Charge head Charges
1 AMC Charges Rs 250 (For Individual); Rs 750 (For Corporates)
2 Transaction Charges (Buy) Nil
3 DP Charges for Delivery Sell Orders Rs 15 per scrip irrespective of quantity
4 Off-Market Transactions 0.03% of Rs 25 whichever is higher
5 Pledge Creation/Invocation/Unpledge Rs 25 per security
6 DEMAT/Conversion Rs 2 per certificate or Rs 10 whichever is higher + Actual Postage charges
7 REMAT Rs 12 per 100 shares or Rs 50 whichever is higher + Depository charges
8 Periodic Statement Request Email: Free; Physical: Rs 20 per request/contract + Courier charges
9 Non Periodic Statement Request Email: Rs 10 per request; Physical: Rs 20 per request/contract + Courier charges
10 Delivery Instruction Booklet First Booklet: Free; Every Additional Booklet: Rs 100 + Courier charges
11 KRA Upload/ Download Rs 50 per request
12 Client Details Modification Rs 25 per request
13 Account Defreezing Rs 100
14 Rejection of Demat Request Form Rs 25
15 Cheque Bounce Charges Rs 500 per bounced cheque
Tradingo Special Offer

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Click here to open an account with Tradingo

Frequently Asked Questions

  1. 1. What are Tradingo Demat charges?

    Tradingo offers free Demat account opening and charges Rs 250 towards demat account annual maintenance charges (AMC).

    Tradingo Demat Charges

    • Tradingo Demat Account Opening Charges: Rs 0
    • Tradingo Demat Account AMC Charges: Rs 250 Yearly

     

     

  2. 2. What are Tradingo AMC charges?

    Tradingo charges Rs 250 as AMC charges for maintenance of the Demat account. Account opening is free at Tradingo.

     

     

  3. 3. Is Tradingo CDSL or NSDL?

    Tradingo has depository membership with both the depositories of India - NSDL and CDSL.

    Tradingo depository participant details:

    • Tradingo DP SEBI Registration No. : IN-DP-115-2015
    • Tradingo DP Name : Swastika Investmart Limited
    • Tradingo CDSL DP ID : 12043700
    • Tradingo NSDL DP ID : IN303833

     

     

  4. 4. How to open Tradingo Demat account?

    Tradingo Demat account can be opened online, offline, or by contacting the sales executive.

    To open the account online, fill the online application form, upload the documents and complete the account opening process using the Aadhar linked mobile number.

    For offline account opening, download the Tradingo account opening form from the company website and submit the duly filled and signed form to the nearest Tradingo office.

    Alternatively, you can also contact sales through the company website. You need to provide your full name, mobile number, and email Id, and a company representative will contact you to take you through the account opening process.

     

     

  5. 5. How to close Tradingo Demat account?

    Tradingo Demat Account can be closed by submitting a signed account closure form in paper format.

    Steps to close Tradingo Demat account

    1. Download Tradingo Account Closure Form.
    2. Fill in the required details, mention the reason for the closure and sign the form.
    3. Send the form to the address mentioned on the form.

    Before initiating the account closure request, make sure to:

    • Clear all your settlement obligations; and
    • Transfer or sell any securities in your account.

     

     

Compare Demat Accounts

Information on this page was last updated on Tuesday, November 16, 2021


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