Trading Account

Minors can open a trading account under specific circumstances, such as for selling securities obtained through inheritance or IPO investments. The account is managed by a natural guardian until the minor reaches adulthood.

Follow these steps to close a trading account:

• Inform your stockbroker
• Settle all dues and open positions
• Complete and sign an account closure form
• Submit it to your brokerage firm.

You'll need a PAN card, proof of address (like Aadhar card or passport), a photograph, and your signature on white paper. Additionally, for activating futures and options segment, income proof may be required.

A trading account is essential for buying and selling stocks, mutual funds, and other securities in the Indian stock market, providing access to various investment opportunities.

Trading accounts facilitate the buying and selling of stocks, mutual funds, derivatives, IPOs, and ETFs listed on Indian stock exchanges like NSE and BSE.

Opening a trading account online offers convenience, faster processing, real-time access to market data, lower costs, and the ability to execute trades from anywhere with an internet connection.

The time taken to open a trading account can vary depending on the brokerage firm's procedures and the completeness of your documentation. Generally, it takes a few days to a couple of weeks.

Visit the website, submit the application form, and complete the verification process. Your trading account will be opened once the verification is done.

To open a Demat & trading account with Bajaj Broking, you must be an Indian citizen residing in India, over 18, with a bank account, and valid proof of address and identity.