SK Finance offers a variety of trading accounts to cater to different types of investors. The main account types include:
- Classic Trading Plan: This percentage-based plan is suitable for both equity delivery and intraday trading, with brokerage charges ranging from 0.1% to 0.5%.
- Basic Trading Plan: This plan features lower brokerage charges, ranging from 0.01% to 0.03%, making it ideal for cost-conscious traders.
- Margin Trading Account: Allows traders to leverage their positions by borrowing funds, which can amplify both potential gains and losses.
- NRI Trading Account: Specifically designed for Non-Resident Indians, providing access to the Indian stock market while complying with regulatory requirements.
Each account type is structured to meet the needs of different trading styles and investment strategies, ensuring traders can choose the plan that best suits their financial goals.
SK Finance Broker Account Opening Process
Opening a broker account with SK Finance is a straightforward process that can typically be completed in a few simple steps:
- Visit the Website: Navigate to the official SK Finance website to start the account opening process.
- Fill Out the Application Form: Provide necessary personal information, including your name, address, contact details, and financial background.
- Submit Identification Documents: Upload required documents such as a government-issued ID (like a passport or drivers license) and proof of residence (like a utility bill).
- Choose Account Type: Select the type of trading account you wish to open, based on your trading preferences and investment strategy.
- Fund Your Account: Once your application is approved, deposit funds into your trading account using available payment methods, such as bank transfers or credit cards.
- Start Trading: After funding your account, you can begin trading on the platform, accessing various market instruments available through SK Finance.
By following these steps, you can efficiently set up your trading account and start your investment journey with SK Finance.
SK FINANCE accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .