Kedia broker Accounts

kedia Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

kedia Account Types Explained

Kedia offers a variety of account types tailored to meet the needs of different traders. Below is an overview of the available account types, including their features and target user profiles.

1. Standard Account

• Minimum Deposit Requirement: ₹0
• Spread/Commission Structure: 0.20% fee on delivery transactions in equity trading.
• Leverage Options: Up to 1:20
• Key Features:
• No annual maintenance charges (AMC)
• Access to a wide range of trading instruments
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Stocks, commodities, and derivatives

2. ECN Account

• Minimum Deposit Requirement: ₹10,000
• Spread/Commission Structure: Variable spreads starting from 0.1% with a commission fee.
• Leverage Options: Up to 1:50
• Key Features:
• Direct market access
• Faster execution speeds
• Target User Profile: Intermediate to advanced traders
• Trading Instruments Available: Forex, commodities, and indices

3. Pro Account

• Minimum Deposit Requirement: ₹25,000
• Spread/Commission Structure: Lower spreads with commission-based trading.
• Leverage Options: Up to 1:100
• Key Features:
• Advanced trading tools and analytics
• Priority customer support
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, and stocks

4. Islamic Account

• Minimum Deposit Requirement: ₹10,000
• Spread/Commission Structure: Similar to the Standard Account but swap-free.
• Leverage Options: Up to 1:20
• Key Features:
• Compliant with Sharia law
• No interest or swap fees
• Target User Profile: Muslim traders seeking compliance with Islamic finance principles
• Trading Instruments Available: Stocks, commodities, and derivatives

5. Demo Account

• Minimum Deposit Requirement: Virtual balance provided (typically ₹1,000,000)
• Spread/Commission Structure: Simulated spreads
• Leverage Options: Same as live accounts
• Key Features:
• Risk-free trading environment
• Access to all trading instruments
• Target User Profile: Beginners wanting to practice trading strategies
• Trading Instruments Available: All available instruments

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account

Detailed kedia Account Features

Feature Comparison Across Different Account Types

Advantages of Each Account Type

• Standard Account:

• No initial deposit required

• Easy for beginners to start trading

• Access to a variety of instruments

• ECN Account:

• Lower spreads and faster execution

• Ideal for high-frequency traders

• Access to real market prices

• Pro Account:

• Comprehensive trading tools and analytics

• Lower trading costs for high-volume traders

• Priority customer support

• Islamic Account:

• Compliant with Islamic finance principles

• No interest fees

• Suitable for Muslim traders

• Demo Account:

• Risk-free environment to practice trading

• Access to all trading tools and instruments

• Ideal for testing strategies before live trading

Disadvantages of Each Account Type

• Standard Account:

• Limited advanced features

• Higher spreads compared to ECN

• ECN Account:

• Requires a higher minimum deposit

• May incur commission fees

• Pro Account:

• Higher minimum deposit requirement

• More complex for beginners

• Islamic Account:

• Limited availability of certain features

• May have higher spreads

• Demo Account:

• No real money involved

• Limited duration for practice

kedia Account Registration Requirements

Eligibility Criteria

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to residents of India and select countries.
• Prohibited Countries: Specific countries may be restricted based on regulatory compliance.
• Identity Verification Documents Needed:
• Government-issued ID (Aadhar, Passport, etc.)
• PAN card
• Proof of Residence Requirements:
• Utility bill or bank statement with current address
• Additional Documentation for Professional Accounts:
• Proof of income or assets may be required.

KYC/AML Compliance Procedures

• Complete the Know Your Customer (KYC) process by submitting required documents.
• Anti-Money Laundering (AML) checks will be conducted as per regulatory guidelines.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.

Step-by-Step kedia Account Opening Guide

Detailed Registration Process

1. Visit Website and Click Registration: Go to the Kedia Capital website and find the account registration section.
2. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
3. Choose Account Type: Select the type of account you wish to open (Standard, ECN, Pro, etc.).
4. Set Trading Preferences: Indicate your trading preferences and strategies.
5. Document Upload: Upload the necessary identification and proof of residence documents.
6. Account Verification: Wait for the verification process to be completed.
7. Fund Your Account: Deposit the required minimum amount to activate your account.
8. Start Trading: Once verified and funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both platforms, but mobile users may have a more streamlined interface.

Common Registration Issues and Solutions

• Issue: Document upload failures
• Solution: Ensure documents are clear and in the correct format.
• Issue: Delayed verification
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade, and follow their guidance.

kedia Demo Account Guide

Demo Account Features and Benefits

• Provides a risk-free environment to practice trading strategies.
• Access to all trading instruments available in live accounts.

How to Open a Demo Account

• Visit the Kedia Capital website and select the demo account option.
• Fill in the required information and submit.

Demo Account Limitations

• Limited duration for practice (usually 30 days).
• No real money involved.

Virtual Balance Amount

• Typically, demo accounts come with a virtual balance of ₹1,000,000.

Demo vs Live Account Differences

• Demo accounts simulate trading conditions but do not involve real money transactions.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days of inactivity.

kedia Islamic Account Details

Swap-Free/Islamic Account Availability

• Kedia offers Islamic accounts that comply with Sharia law.

Eligibility Requirements

• Must provide documentation confirming Muslim status.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide necessary documentation.

Restrictions or Special Conditions

• May have specific trading conditions compared to standard accounts.

FAQs – kedia Account Types & Opening

1. What account types does kedia offer？

• Kedia offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: ₹0, ECN: ₹10,000, Pro: ₹25,000, Islamic: ₹10,000, Demo: Virtual balance.

1. How long does kedia account verification take？

• Verification typically takes 1-3 business days.

1. Does kedia offer demo accounts？

• Yes, Kedia offers demo accounts for practice trading.

1. Can I have multiple account types with kedia？

• Yes, you can open multiple account types.

1. Does kedia offer Islamic/swap-free accounts？

• Yes, Kedia offers Islamic accounts that are swap-free.

1. What documents do I need to open a kedia account？

• Government-issued ID, PAN card, and proof of residence.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.