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.

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Information on this page was last updated on Monday, April 3, 2023