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Pros

Online customer service support
Access to multiple financial instruments
Affordable brokerage fees for trading

Cons

Not regulated by any financial authority
Low overall rating and trust score
Limited information available on trading platforms and fees

Pentad broker Accounts

Pentad Securities Account Types

Pentad Securities offers two main types of accounts for investors: Demat Account and Trading Account.

  • Demat Account:
    • Opening Charges: ₹0
    • Annual Maintenance Charges (AMC): Up to ₹1000 (may vary based on account type)
    • Trading Account:
      • Opening Charges: ₹0
      • Annual Maintenance Charges (AMC): Not applicable

      Both accounts allow investors to trade in various financial instruments, including equity, commodities, currency, futures and options, mutual funds, ETFs, bonds, fixed deposits, and unlisted shares.

      Pentad Securities Broker Account Opening Process

      To open a Demat and Trading account with Pentad Securities, follow these steps:

      • Visit the Official Website: Go to Pentad Securities' official website.
      • Initiate Account Opening: Click on the "Open Demat Account" button.
      • Mobile Verification: Enter your mobile number and confirm it using the OTP sent to you.
      • Fill Application Form: Complete the online application form with your personal and financial details.
      • Document Submission: Prepare and upload the required documents, including:
        • Aadhar Card
        • PAN Card
        • Signature Picture
        • Cancelled Personalized Cheque
        • Income Proof
        • Follow On-screen Instructions: Adhere to the instructions displayed on the screen.
        • Submit the Form: After filling out all details, submit the application form.
        • This online account opening process is designed to be quick and efficient, allowing you to start your trading journey with ease.

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