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Ortem Securities offers various types of accounts for traders, including standard trading accounts and demat accounts. Each account type caters to different trading needs and preferences:
Standard Trading Account: This account allows you to trade stocks, bonds, and other securities. It typically requires a minimum deposit and provides access to the stock market with features such as research tools and customer support.
Demat Account: A demat account is essential for holding shares in electronic form. Ortem Securities charges an annual maintenance fee of ₹1,000 for this account type, along with transaction fees for buying and selling securities.
Margin Account: This account type allows traders to borrow funds to trade larger positions than their cash balance would allow. It involves higher risk but can amplify potential returns.
Forex Trading Account: For those interested in forex trading, Ortem provides accounts that enable trading in currency pairs. These accounts come with various leverage options.
Opening an account with Ortem Securities is a straightforward process that can typically be completed in a few steps:
Choose Account Type: Decide which type of account suits your trading needs—standard trading account, demat account, margin account, or forex trading account.
Fill Out Application: Complete the online application form with your personal information, including your name, address, and identification details.
Submit KYC Documents: Provide the necessary Know Your Customer (KYC) documents, which may include proof of identity, proof of address, and income proof.
Fund Your Account: After your application is approved, fund your account through electronic transfer from your bank account. Some accounts may require a minimum deposit.
Start Trading: Once your account is funded, you can begin trading. Ortem Securities also offers educational resources and customer support to assist you.
For more details, visit Ortem Securities.
Explore broker markets account types: forex/trading accounts with demo access.