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Pros

Free account opening for both trading and demat accounts.
Low brokerage charges across various trading segments, making it cost-effective for frequent traders.
Good customer support with offline trading options and a range of research and advisory services.

Cons

Lacks a mobile trading app, limiting accessibility for traders on the go.
No stock recommendations or comprehensive market reports provided, which may hinder decision-making for some investors.
Limited trading platforms as it does not support Mac or mobile app trading, which could affect user experience.

FINDOC broker Accounts

Findoc Investmart Account Type

Findoc Investmart offers a comprehensive range of account types for traders and investors, primarily focusing on Demat Accounts and Trading Accounts. The Demat Account is essential for holding securities in an electronic format, allowing seamless trading of stocks, mutual funds, bonds, and exchange-traded funds (ETFs). It serves to convert physical shares into electronic shares, enhancing security and management of investments. The Trading Account, which is mandatory for buying and selling securities, is provided alongside the Demat Account, enabling users to engage in equity trading, commodity trading, currency trading, options, and futures. Notably, Findoc Investmart offers these accounts with zero account opening charges and free annual maintenance charges (AMC), making it an appealing choice for both novice and experienced investors.

Findoc Investmart Broker Account Opening Process

Opening an account with Findoc Investmart is a straightforward and user-friendly process, designed to facilitate quick access to trading services. Heres a step-by-step guide to the account opening process:

  • Choose a Depository Participant (DP): Select Findoc Investmart as your DP, which operates under both CDSL and NSDL.

  • Fill Out the Account Opening Form: Visit the Findoc Investmart website and locate the account opening form. Enter your personal details, including your name, mobile number, and city.

  • Provide Bank Details: Link your bank account to the Demat Account by providing your account number, IFSC code, and account type.

  • Upload Required Documents: Submit scanned copies of essential documents for KYC verification, including:

    • PAN Card
    • Aadhaar Card
    • Bank Account Statement or Cancelled Cheque
    • Recent Passport Size Photograph
    • Proof of Income (Salary Slips or Income Tax Returns)
    • Complete E-KYC Verification: Utilize the e-KYC facility for a quick verification process. This can involve a video call with a representative or uploading a short verification video.

    • Receive Account Credentials: Once your application is approved, you will receive your login credentials via email, allowing you to access your account and start trading.

    • By following these steps, you can open a Demat and Trading Account with Findoc Investmart efficiently, benefiting from their zero account opening fees and comprehensive trading services.

FINDOC accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
FINDOC Account