SGSSL Account Type

　　SGSSL (South Gujarat Shares Share Brokers Ltd) offers various types of brokerage accounts tailored to meet the needs of different investors. The primary account types include:

• 　　Equity Trading Account: This account allows investors to trade in both primary and secondary equity markets. It provides access to a wide range of equity-related investment products and risk management services.

• 　　Mutual Fund Account: Investors can manage their mutual fund investments through this account, which is supported by AMFI registered mutual fund advisory services.

• 　　IPO Account: This account facilitates participation in Initial Public Offerings (IPOs) without the need for issuing cheques. Investors can simply authorize their banks to make payments upon allotment.

• 　　Derivatives Trading Account: This account is designed for trading in futures and options, providing access to derivatives segments on both BSE and NSE.

• 　　Currency Derivatives Account: Investors can trade in currency derivatives through this account, which includes access to NSE and MCX currency derivatives segments.

  　　

　　

SGSSL Broker Account Opening Process

　　Opening a brokerage account with SGSSL involves a straightforward process:

• 　　Eligibility: Ensure you meet the eligibility criteria, which typically includes being at least 18 years old and possessing valid identification.

• 　　Documentation: Prepare the necessary documents, including:

• Proof of identity (Aadhaar card, passport, etc.)
• Address proof (utility bills, bank statements, etc.)
• PAN card for tax identification.

• 　　Application: Visit the SGSSL website or their office located at 3rd floor, Belgium Chambers, Opp. Linear Bus Stop, Ring Road, Surat – 395003. Fill out the account opening form and submit it along with the required documents.

• 　　KYC Process: Complete the Know Your Customer (KYC) process, which is a one-time exercise. Once KYC is done through SGSSL, you won't need to repeat it for other intermediaries.

• 　　Account Activation: After submission, SGSSL will process your application. Once approved, you will receive your account details, enabling you to start trading.

• 　　Fund Your Account: Deposit funds into your newly created account to begin trading. You can do this through bank transfers or other available funding methods.

　　By following these steps, you can successfully open a trading account with SGSSL and start your investment journey.