What is demat account and why you need a demat account? A demat account is one of the basic requirements to trade online. A demat account allows investors to convert physical shares into the dematerialized format and hold them in electronic form. It facilitates free online trade, enhancing ease and convenience for investors. Apart from shares, the demat account can also hold bonds, ETFs, mutual funds, gold bonds, and other similar assets with a unique ISIN number. What are the features and benefits of demat account? All your investments are held in an electronic form, which reduces paperwork. Eliminates all the risks associated in dealing with physical shares like physical damage or misplacement. Ensures safety of your stocks with no storing risks. Quick transfer of shares. Allows faster transaction, resulting in quick credit for investors. What are the documents required for opening Trading & Demat account? For Individuals, documents required include: PAN Card Address Proof (Aadhaar Card preferred) Bank Proof Income Proof (For derivatives & currency segment) Signature (on blank white paper) Note : If bank verification fails, bank proof is mandatory to submit. What are the fees and charges for opening account with Tradeplus? Trading and Demat is FREE. Account opening charge is also FREE. There is ZERO demat AMC charges How much time it takes to open a Trading & Demat account online? If you are opening an online A/c with us, then once your documents are successfully verified and e-Sign is done, your A/c will be activated within 1 hour. You would receive a welcome email to your registered email id. If you have applied for offline A/c opening and sent across your application along with the documents, it generally takes 24 hours for your account to be activated. Any discrepancies in the submitted forms or documents would delay the account opening process. Do you offer funding facility for equity delivery trades? Yes we offer long term funding of approximately 50% for Margin funding trades and short term funding of 50% on select stocks upto 7 days from date of purchase. How do I upgrade to FLAT Pro plan? By default your account would be mapped to the Smart FLAT plan. If you like to upgrade you can do the same through the Trading system from the profile section. Once you upgrade, your account would be immediately charged the FLAT pro plan charges along with applicable GST rates. The charges is non refundable. How will the scheme charges be charged in Smart Flat plan? You account will be charged on the first trade date In the month. For example if your first trade is on 9th of the month, then your account would be charged the Smart Flat plan charges on 9th of the month. If there are no trades in the month then no scheme charges apply.