Rating Index
Pros
Offers a wide variety of products and services, making it convenient for clients to access multiple investment options in one place.
Provides high-quality research reports that assist clients in making informed investment decisions.
Has an affordable security deposit requirement, allowing new partners to start their business with minimal financial stress.
Cons
Offers low revenue sharing for partners, which may deter some potential business associates.
The trading platform is considered average, which may not meet the expectations of more experienced traders.
Operates under a single business model, limiting flexibility for partners to explore alternative revenue-generating options.
Anugrah broker Accounts
Anugrah Stock Account Type
Anugrah Stock offers two main types of accounts for its clients: Demat Account and Trading Account.
- Demat Account:
- Purpose: Holds securities in electronic form.
- Charges:
- Account Opening Fee: ₹400
- Annual Maintenance Charges (AMC): ₹250 per annum
- Depository: CDSL & NSDL
- Features:
- Allows trading on various stock exchanges like BSE, NSE, MCX, and NCDX.
- Dematerialization of physical shares available.
- Trading Account:
- Purpose: Used for buying and selling securities.
- Charges:
- Opening Fee: Free
- Annual Maintenance Charges (AMC): Free
- Margin Requirement: ₹0 – ₹300,000
- Features:
- Seamless trading experience on both BSE and NSE.
- Access to various trading products and services.
- Visit the Official Website: Go to Anugrah Stock's website.
- Fill the Application Form: Click on the "Open Demat Account" button and fill in your details like name, email, and phone number.
- Verification Call: After submitting the form, a representative will call you to verify the details.
- Document Submission: You will be required to upload KYC documents such as:
- Aadhaar Card
- PAN Card
- Address Proof
- Income Proof (like bank statement or cancelled cheque)
- Passport-sized photographs
- Account Activation: Once your documents are verified, you will receive your account credentials (username and password) via email and SMS, allowing you to access your trading account.
Anugrah Stock Broker Account Opening Process
To open an account with Anugrah Stock, follow these steps:
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Explore broker markets account types: forex/trading accounts with demo access.
Anugrah accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .