ASG broker Accounts

ASG Markets Account Type

　　ASG Markets offers various types of brokerage accounts to cater to different trading needs. The primary account types include:

　　Cash Account: This account allows you to trade using only the funds you have deposited. There is no leverage involved, which means you can only buy securities up to the amount of cash available in your account.
　　Margin Account: This account type enables you to borrow funds from the broker to purchase additional securities, allowing for greater buying power. However, this comes with higher risks as you will be responsible for paying interest on the borrowed money.
　　Portfolio Margin Account: Available for more experienced traders, this account type requires a minimum net liquidation value of USD 110,000 and allows for more flexible margin requirements, potentially offering lower margin rates based on the overall portfolio risk.

　　Opening an account with ASG Markets is straightforward and can be done through the following steps:

　　Visit the ASG Markets Website: Navigate to the official ASG Markets website.
　　Sign Up: Click on the sign-up option and provide your mobile number and email address.
　　Verification: Enter the OTP received via email and mobile, followed by your PAN number and date of birth.
　　Fill in Details: Complete all mandatory fields, including personal information, bank details, and select the account type you wish to open.
　　Upload Documents: Provide necessary documentation such as a canceled cheque, latest bank statement, and proof of identity.
　　Payment of Fees: Pay the one-time account opening charges, which are typically around Rs 200 for a trading account.
　　Complete E-Signature: Register with NSDL and complete the e-signature verification.
　　Confirmation: Once all steps are completed, you will receive confirmation via email and SMS regarding your account status, which usually takes around 24 working hours for activation.