Comments

  1. Anthony

    Hi, can a foreign national (Portugal), holding Indian OCI card open a trading and demat account with this broker? What is the documentation required?

    1. TradeSmart

      Hello Anthony,
      You can open an account and operate from anywhere in the world if you have Indian saving bank account and all the Indian documents. For more information, kindly call us at 022-61208000 or use online chat support available on our website.

    1. TradeSmart

      Hello Krishna,
      Currently we have free account opening offer. Please call us at 022-61208000 to know more details.

  2. Meghna

    Hello,

    I have done the account opening process online ..do I still have to courier the form along with documents to your address??

    Will the account be opened only on receipt of hardcopy documents or will be processed on online submission basis?

    1. TradeSmart

      Hello Meghna,
      Thanks for showing interest in opening an account with TradeSmart. There’s no need to provide the physical copy of account opening form and required documents at our Mumbai Corporate office if you have completed the account opening process online. Kindly email us at [email protected] along with your contact details. We shall have someone to contact and assist you.

  3. Ravikiran

    Can’t an account be opened online. i did it with Finvasia. E signature and E KYC. Physical paper work is outdated.

  4. Amit Kumar Singh

    What documents required for opening of trading account in name of sole proprietor firm. Pls mention is it possible to trade simultaneously in name of firm and individual name when PAN is same. I am already trading in individual capacity.

    1. Trade Smart Online

      Hello Amit,
      You cannot open two accounts with the same pan number. If you want to open proprietor account with the existing pan number then you need to close your individual account. Please click here to know the documents required.

    1. Trade Smart Online

      Hi Yogesh,
      Currently the IPO facility is not available with us. However, we can guide you on how to apply for IPO. You are required to apply from your netbanking through ASBA. Please click here to know more on how to apply for IPO.

  5. Nagarathna Shastri

    At present I don’t have a copy of PAN but I am having PAN number. Can I open an account with you?

  6. Pushpendu Halder

    my email id is already registered and i already paid rs 200 online. all documents have been uploaded but when i go to submit it says some error occured. my mobile no is linked with other but my mobile no is not registered with adhar. is it the problem for not submitting my account opening process online? should i go to adhar kendra and registered my mobile with aadhar and then conticue the account opening process online? plz suggest as soon as possible what to do next?

  7. Ravikant Bhatt

    I have not opted cheque book facility from my bank, so I have no cheque book. Whether cheque book is mandatory document or without this also I can open demat account. Please suggest.

    1. Trade Smart Online

      Hello Ravikant Bhatt,
      In case you do not have cheque book, you may submit bank statement which should contain your name, MICR code, IFSC code and bank account number. These need to be printed in the statement. We would also suggest you to contact your relationship manager on 022-61208000 for more understanding and to avoid any delay in opening your account.

    1. Trade Smart Online

      Hello Ananth,
      We would be glad to help you. Kindly share your client code or contact details. We will arrange you call back.

    1. Trade Smart Online

      Hello VimalKumar,
      To open an account, you are required to produce all the Indian documents with Indian saving bank account. NRI bank account is not accepted. Once you produce all the required documents, you can trade online from outside India too.

  8. jitender arora

    i have demat account with icici direct can i open account with trade smart online without any document.

    1. Trade Smart Online

      Hello Jitender,
      Yes, you can open account without submitting address proof and pan card copy. Kindly note 6 months bank statement is required to be submitted. You will receive a call from your relationship manager shortly for more information.

  9. Vikas Kumar

    I have paid Rs. 100/- online for eKYC. Do I again need to send a cheque of Rs. 200/-. My saving accounts are in Allahabad Bank, which is not reflecting in the list of 27 Banks for fund transfer. In that case, how will I trade and make pay in for trading?

    1. Trade Smart Online

      Hello Vikas,
      You are not required to send Rs.200 cheque if you have already paid Rs.100 towards account opening charge. Since Allahabad Bank is not listed under payment gateway, you can transfer funds through ePay. This is the NEFT service which has faster fund transfer facility.

    1. Trade Smart Online

      Hello Nirajan,
      We guess you’re referring to account opening procedure. Your account will get open in two working days after your account opening form received and if all your documents are KYC compliant. Once the account gets opened, you can transfer funds and start trading.

  10. KALYAN DAS GUPTA

    my webcam has mirror effect .if i held the pan card infront of webcamera the words and letters give mirror emage. i myself can be appear in front of webcam and picture quality is medium and had to adjust focus correctly as it has 8megapixel camera. my smartphone also in selfie mode give mirror effect. better may be to the help of any photographer who can take snap or video along with pan card. actually dont know what is urs current policy about IPV. meanwhile my kyc is also under process through another offline broker ,if that broker upload my kyc to any kra then can this ipv process can be skipped?

    1. Trade Smart Online

      Hello Kalyan,
      IPV is mandatory as per the SEBI guideline. Though you have KRA done with other broker you will have to have IPV with us. You may use your friends/relatives phone for the same. It will hardly take few minutes.

  11. jay vyas

    i have pan card of white back ground . .do not have grey one . i do have an account with other company, hoow can I transfer entire portfolio from that account to your company with demat account . ?

    1. Trade Smart Online

      Hello Jay,
      You can send us any copy of self attested pan card. Once the account is opened, you are required to fill in Delivery Instructions Slip issued by other company and submit it with that company along with the client master copy of the demat account that you open with us.

    1. Trade Smart Online

      Hello Mayur,
      Kindly refer the Documents required list to be submitted to opened account. Same documents will be required even in case of of minor. Minor and guardian both have to submit their documents. Please note minor can open only demat account and trading account will be in the name of guardian.

  12. Pratik

    I m a student age of 23 and I dnt have income proof but I have an accnt in SBI..So can I eligible for open a denar account

    1. Trade Smart Online

      Hello Rahul,
      Sorry for the delayed reply.
      If you have activated your derivative segment while opening account then you can trade in derivative. There are no restrictions.

  13. S.A.Krishnan

    Sir, do you accept NRI clients based in USA? Also, do you have a problem if our bank accounts are with HDFC Bank? Would appreciate an early advice. Thanks and regards.

    1. Trade Smart Online

      Hello Mr. Krishna,
      We do accept HDFC bank account. But it should be a normal saving bank account. Currently, we do not accept NRI account. In case you have Indian saving bank account then you can open an account with us and trade from USA. You may also take help of online chat support available on our website for any assistance.

  14. Fazal

    I have pan card for identity, bank passbook or aadhar card for address , 6 month bank statement for income proof but I don’t have cheque book. Is cheque book necessary for opening account

    1. Trade Smart Online

      Hello Fazal,
      Cheque book is required to have IFSC and MICR codes. In case you have these codes already printed on the bank statement then we do not require cheque. You may pay account opening charges online too.

  15. siddesh

    Currently am not in India and i want to open account. Is it mandatory to courier the form , no other ways to do that? like online upload of the form?

    1. Trade Smart Online

      Hello Siddesh,
      We understand your concern but as per the KYC norms account opening form and document hard copies are required for audit purpose.

  16. vaibhav

    i am opened a/c in your website and payment online paid. and Documents are cleared. when started started this a/c ?

    1. Trade Smart Online

      Hello Vaibhav,
      It seems your account opening for is still in transit. We have not received yet. Your account should open with 2-3 days after your form is received if your documents are KYC compliant. We have arranged call from your relationship manager for the confirmation.

    1. Trade Smart Online

      Hello Fayaz,
      As per KYC norms 6 month bank statement is required in case you want to trade in FNO, currency or commodity. For trading only in NSE and BSE cash 6 month statement is not required. Only you can submit cancelled cheque with your name, bank account number, IFSC and MICR code printed on it.

      Other than statement, you can submit passbook copy of 6 months with self attested. If you have opened new account, you may provide the self-attested photocopy of the welcome letter received from the bank which mentions your account no. and other details with account opening date.

    1. Trade Smart Online

      Hello Shiva,
      Kindly courier your account opening form to the following corporate office address.
      VNS Finance & Capital Services Ltd.
      401/402, Mangalya Building,
      Opp: Marol Fire Brigade,
      Marol Maroshi Road, Andheri (E)
      Mumbai – 400059

    1. Trade Smart Online

      Hello Kapildeo Prasad,
      You can trade online through your Desktop, Web and Mobile as well, irrespective of bank account you link with your trading account. For your information please refer 27 Banks listed for instant fund transfer into your trading account.

    1. Trade Smart Online

      Hello Sandip,
      As per SEBI guidelines you are required to submit a self attested copy of pan card for opening demat and trading account. In case, you already have demat account with other broker then you do not need to submit pan card copy while opening new account with us.

  17. Pingback: How do I open a Trade Smart Online trading and demat account? | Knowledge Base

  18. Pingback: How do I open a Trade Smart Online trading and demat account? | Knowledge Base

    1. Trade Smart Online

      Hello Anil,
      For online trading we operate through our Mumbai office, this allows us to keep our costs low and pass on the savings to our clients. But distance won’t be an impediment for providing you better services & prompt support.

  19. Pingback: List of Forms | Knowledge Base

        1. Trade Smart Online

          Hello Suresh,
          We have two brokerage plans 0.7 paise plan and Rs.15/order plan.
          1) 0.7 Paise paln (Value Trading Plan)
          In 0.7 plan, for Rs.100 turnover, you shall be charged 0.7 paise for equity intraday & futures and 7 paise for equity delivery. For options you shall be charged Rs.7 per lot.

          2) Rs.15 per order plan (Power Trading Plan)
          In Rs.15 per order plan, you can place an order with unlimited quantity by just paying Rs.15 per side.

          Please click here to know other charges apart from brokerage charges.

Leave a Reply to siddesh Cancel reply