KTD Trading Advisory LLP - Account Type

KTD Trading Advisory LLP offers various types of brokerage accounts to cater to different trading needs. The primary account types include:

• Cash Accounts: These are the most basic type of brokerage accounts where investors fund their accounts with cash to purchase and sell securities. Cash accounts are less risky as they do not involve borrowing money for trading.

• Margin Accounts: In margin accounts, investors can borrow money from the broker to purchase securities, allowing them to buy more than they could with cash alone. However, this increases the risk of losses.

• Demat Accounts: KTD Trading Advisory also provides demat accounts for holding securities in electronic form, which simplifies the process of buying and selling shares.

• Commodity Trading Accounts: These accounts are specifically designed for trading in commodities on exchanges like MCX and NCDEX.

KTD Trading Advisory LLP - Broker Account Opening Process

Opening a brokerage account with KTD Trading Advisory LLP involves the following steps:

• Choose Account Type: Decide whether you want a cash account, margin account, or a commodity trading account based on your trading preferences.

• Fill Out Application: Complete the account opening form, which can be obtained from their office or website.

• Submit Documents: Provide necessary documents for KYC (Know Your Customer) verification, including:

• Valid ID proof (Aadhar, Passport, etc.)
• Address proof (Utility bill, Bank statement, etc.)
• PAN card

• Verification Process: The submitted documents will undergo verification. This may take a few days.

• Account Activation: Once verified, your account will be activated, and you will receive your account details.

• Fund Your Account: Deposit funds into your account to start trading.

• Start Trading: After funding, you can begin trading in stocks, commodities, or other securities as per your account type.

For any assistance, you can contact their representative, Praveen Kumar Bajaj, at phone number 033-40002300 or 9674280777.