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Destimoney Vs TradingBells Demat Account Comparison

The side-by-side comparison of Destimoney and TradingBells Demat Account. Compare Destimoney Vs TradingBells Demat account charges, AMC and Fees. Read TradingBells and Destimoney demat account review.

Find out Destimoney Vs TradingBells which is better demat account and Destimoney Vs TradingBells which is best demat account.

Our Destimoney Securities Private Limited demat account comparison with TradingBells (Swastika Investmart Ltd) highlights the major differences between two brokers. Find the best demat between Destimoney and TradingBells.

Destimoney Vs TradingBells

  Destimoney Securities Private Limited TradingBells (Swastika Investmart Ltd)
TradingBells (Swastika Investmart Ltd) Logo
About the Broker

Destimoney Securities Pvt. Ltd. is a member of the Bombay Stock Exchange, National Stock Exchange and offers depository services to its clients through CDSL.

TradingBells, an Indore MP based discount broker offers stock and commodity trading at BSE, NSE, MCX and NCDEX. TradingBells is part of Swastika Investmart Ltd, a traditional stock broker offering wide range of non-banking financial services.

TradingBells offers demat account (DP services) through its parent company Swastika Investmart which is member CDSL and NSDL.

DP ID 12045500 12043700
Contact Info

6Th Floor, A Wing Tech Web Centre, New Link Road Oshiwara, Jogeshwari-West Mumbai Maharashtra India-400102

48, Jaora Compound, M Y H Road, Indore, MP 452001

Services Offered
  • Equity & Equity Derivatives Trading at NSE, BSE
  • Currency Derivatives Trading at NSE
  • Commodity Trading at MCX and NCDEX
  • DP Services (CDSL and NSDL)
  • Online IPO and Mutual Funds
  • Margin Funding and IPO Funding
Demat Account Enquiry Open Demat Account Online Open Demat Account Online

Destimoney Vs TradingBells Demat Account Opening Charges

  Destimoney Securities Private Limited TradingBells (Swastika Investmart Ltd)
Demat Account Opening Fee

At actuals

₹150

Demat Account AMC

Rs 240 (Per Annum) For Individuals (payable in advance on an anniversary basis) Rs 750 (Per Annum) For Corporate - Yearly Pro-rata basis

₹250 - Individual, ₹750 - Non Individual

Advance Deposit

NIL

Nil

Destimoney Vs TradingBells Demat Charges

  Destimoney Securities Private Limited TradingBells (Swastika Investmart Ltd)
Dematerialisation Charges

Rs 5 per certificate plus Rs 25 per request

₹2 (Min. ₹10) (Postage charges extra)

Rematerialisation Charges

Rs 12 per 100 securities or part quantity or Rs 12 per cert. whichever is higher Plus Rs 25 per Request Restat SOA / Redemption 1) For conversion of MF units into SOA (stmt of a/c)

2.For redemption of MF units 0.04% of redemption value OR Rs 20 per transaction whichever is higher

₹12 for every 100 securities (Min. ₹50/-) (CDSL or NSDL charges extra)

Transaction Charges (Credit or Buy)
Transaction Charges (Debit or Sell)

0.04% of the market value of securities subject to a minimum of Rs 20 per request (Whichever is higher)

  • On market: ₹15 per scrip
  • Off market: 0.03% of₹25 whichever is higher
Pledge Creation Charges

0.04% of the market value of securities subject to a minimum of Rs 30 per request (Whichever is higher)

₹25 per security

Pledge Creation Confirmation Charges

NIL

₹25 per security

Pledge Invocation Charges

0.04% of the market value of securities subject to a minimum of Rs 30 per request (Whichever is higher)

₹25 per security

Failed Instruction Charges

NIL

₹50 per instruction

Other Charges

NIL

  • Account Defreezing: ₹100
  • Cheque Bounce Charges: ₹500 per bounced cheque
  • Rejection of Dematerialization Request Form: ₹25
  • Client Details Modification: ₹25
  • KRA Upload/Download: ₹50 per request

Contact DP / Request A Call Back

  Destimoney Securities Private Limited TradingBells (Swastika Investmart Ltd)
Contact broker for Demat Account related enquires:
  Destimoney Securities Private Limited TradingBells (Swastika Investmart Ltd)
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Demat Account Related Abbreviations

  • Demat: Demat Account is an online account to hold the shares in electronic form. They are similar to bank account used to hold money.
  • BSDA: Basic Service Demat Account, a type of account which offers limited services at reduced costs.
  • PoA: Power of Attorney, a legal document giving authority to broker to settle the trades though holding in clients demat account.
  • DIS: Delivery Instruction Slip, Similar to conventional cheque book for demat account. Its is used offline demat account transactions.
  • DPC: Delayed Payment Charges
  • Dematerialisation: Process to converting physical certificates to electronic form.
  • Rematerialisation: Process of converting electronic shares to physical certificates.
  • NSDL: National Securities Depository Limited, the 1st central securities depository. It offer services to hold shares in electronic form on behalf of the customer.
  • CDSL: Central Depository Services (India) Limited, the 2nd securities depository. It also offers service to hold shares in electronic form.



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