How can I open a trading account in India?

To open a trading account in India, select a SEBI-registered stockbroker, submit your KYC documents, complete an online verification, and receive login credentials. Once approved, you can buy and sell stocks, commodities, and derivatives through your broker’s trading platform.

1. Choose a SEBI-Registered Broker

Select a broker registered with SEBI that offers trading account services.

• Compare brokerage fees and services.
• Ensure they provide an easy-to-use trading platform.
• Look for fast order execution and reliable customer support.

2. Fill in the Account Opening Form

Provide your personal details like PAN, Aadhaar, and bank account information.

• Ensure your PAN and Aadhaar details are updated.
• Use an active mobile number and email ID for verification.
• Complete the online application form to speed up the process.

3. Submit KYC Documents

Upload required KYC documents online for verification.

• PAN Card (mandatory for stock trading).
• Aadhaar Card (for identity and address proof).
• Bank statement or canceled cheque (to link your account).
• Passport-size photograph and digital signature.

4. Complete e-KYC and Video Verification

Authenticate your identity using OTP-based Aadhaar verification and a short video call.

• Ensure your Aadhaar is linked to your mobile number.
• Sign digitally using Aadhaar-based e-Sign.
• Complete a live video verification (if required by the broker).

5. Receive Login Credentials and Start Trading

After approval, log in to your trading platform and start investing in stocks and derivatives.

• Use the login ID and password provided by the broker.
• Fund your trading account through linked bank accounts.
• Start buying and selling stocks, commodities, and derivatives.