Yes Securities Account Type

　　Yes Securities offers two primary types of brokerage accounts tailored to meet the diverse needs of its clients:

• Invest Value Plan: This is a percentage-based brokerage plan where clients are charged a percentage of the trade value, regardless of the trade size. The minimum brokerage fee under this plan is ₹25 or 2.5% of the trade value, whichever is lower. The brokerage charges for different segments are as follows:
• Equity Delivery: 0.45%
• Equity Intraday: 0.05%
• Futures: 0.05%
• Options: ₹75 per lot for the first leg and ₹25 per lot for square-off.
• Currency Futures: 0.05% for the first leg and ₹75 per lot for options.
• Invest Advantage Plan: This is a turnover-based brokerage plan designed for high-volume traders. Different brokerage percentages are charged based on monthly trading turnover, with lower rates for higher trading volumes. The brokerage charges under this plan vary significantly based on the turnover slabs, providing incentives for increased trading activity.

　　

Yes Securities Broker Account Opening Process

　　Opening an account with Yes Securities is a straightforward process that can be completed in just a few steps:

• 　　Choose the Account Type: Decide whether you want to open an account under the Invest Value Plan or the Invest Advantage Plan.

• 　　Submit Application: You can start the application process by visiting the Yes Securities official website or by visiting one of their 50+ branch offices across India. You will need to fill out a form providing your personal details.

• 　　Required Documents: Prepare and submit the necessary documents, which typically include:

• Identity Proof (Aadhaar card, PAN card with photo)
• Address Proof (Passport, Voter ID, or utility bills)
• Passport-sized photograph
• Income proof (for derivatives trading, additional documents may be required)

• 　　KYC Process: Complete the Know Your Customer (KYC) process, which may involve in-person verification or online submission of documents.

• 　　Account Activation: After document verification, you will receive an email notification regarding your account status. Once approved, your account will be activated, and you will receive your login credentials to access the trading platform.

• 　　Funding Your Account: Deposit the required initial funds into your new Yes Securities account to start trading.

　　By following these steps, you can quickly set up your trading account with Yes Securities and begin your investment journey.