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Pros

Offers a variety of financial instruments including forex, CFDs, commodities, and indices.
Established presence in the market since 1999, indicating experience in the industry.
Good customer support and execution speed, contributing to a positive trading experience.

Cons

Not properly regulated, raising concerns about the safety and security of client funds.
Lacks popular trading platforms like MetaTrader 4 or MetaTrader 5, which may limit trading options for some users.
No bonuses or promotional offers available, which could be a disadvantage for traders looking for incentives.

NAVKAR broker Accounts

Navkar Direct offers two primary types of accounts for its clients: Demat Account and Trading Account.

1. Demat Account

  • Opening Charges: ₹0
  • Annual Maintenance Charges (AMC):
  • Individual Account: ₹300 per year
  • Corporate Account: ₹1200 per year

2. Trading Account

  • Opening Charges: ₹0
  • Annual Maintenance Charges (AMC): Not applicable

Both accounts allow clients to trade in various financial products, including equity, commodities, currency, derivatives, mutual funds, and IPOs.

Navkar Direct Broker Account Opening Process

The account opening process at Navkar Direct can be completed through both online and offline methods:

Online Account Opening Process:

  • Visit the Website: Go to the Navkar Direct official website.
  • Fill Out Application: Complete the online application form with personal and financial details.
  • Submit KYC Documents: Upload the required documents for KYC verification, including:
    • Aadhar Card
    • PAN Card
    • Bank Account Details
    • Address Proof
    • Passport-sized Photo
    • Verification: Complete an online verification process, which may involve a video call with a representative.
    • Account Activation: Once verified, you will receive confirmation via email or SMS with your login credentials.
    • Offline Account Opening Process:

      • Download Form: Download the account opening form from the Navkar Direct website.
      • Fill Out Form: Complete the form and attach the required documents.
      • Visit Branch: Visit the nearest Navkar Direct branch office for assistance.
      • Verification by Executive: A customer care executive will assist you in completing the account opening process.
      • Customer Care Contact Details:

        By following these steps, clients can easily open a Demat and Trading account with Navkar Direct and start their trading journey.

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