TradeSmart Account Opening is one of the Best Smooth Demat account Process
VNS Finance’s TradeSmart embodies the principle of trust and transparency while offering the lowest brokerage to the traders and investors on its platform. Established in 1994, this Mumbai based brokerage firm efficiently uses cutting edge technology and smartest automation with high grade security to provide discount brokerage services to its customers.
How to Open Tradesmart Account Online
Known to be customer centric, TradeSmart puts up every effort to strengthen a share broker-client relationship. Being a member of NSE, BSE & MCX, domestic retails investors on TradeSmart platform can enjoy trading in cash, F&O, currency derivatives, commodities and depository service of CDSL through its tech enabled super-fast trading platform.
With zero forced selling, TradeSmart undoubtedly provides the most liberating trading experience on its tech driven platform at cheapest rates. Opening account with TradeSmart is fairly simple and can be done both online as well as offline.
Document Required to Open TradeSmart Account
Follow the step by step guide to open your TradeSmart account and start enjoying their seamless platform loaded with a host of unique features to trade at lowest rate. Keep these mandatory documents ready while you initiate account opening procedure with TradeSmart.
PAN card
Aadhaar Card
Passport sized photo
Cancelled cheque
Signature
Three months’ bank statement (for F&O) is optional
TradeSmart Account Opening Fees
Before opening account with TradeSmart, you should be aware of the charges
Trading Account Opening Charges – Rs 200/-
Demat Account Opening Charges – Rs 200/-
AMC – Rs 300/-
The above charges will also attract GST as per existing government norms.
Offline Account Opening with TradeSmart
In order to open TradeSmart account offline you have to visit their official page and download the demat account opening form from the “Downloads” section under “Support” tab or click to get the form directly.
The application form is also available at any of the TradeSmart’s branch offices. You can also ask for the form via email. Fill up all the details asked for in the application form, attach copies of address, identity along with your passport sized photo.
Make sure the mandatory documents are self-attested. Put in your signature at the marked places. Next, an agreement with your broker needs to be signed which would state your responsibilities as a trader. Attach a cheque favouring “VNS Finance & Capital Services Ltd” with this application.
Tradesmart Head Office Address
Complete application form along with valid documents should then be couriered to the following address
VNS Finance; Capital Services Ltd.
A-401/402 Mangalaya Building,
Off Marol Maroshi Road, Near Marol Fire Brigade,
Marol, Andheri East, Mumbai – 400059
Ph. 022 42878000 / 61208000
This completes offline application process. During the application process, at any point in time to get an update you can either contact them by calling their customer support at 022–61208000 or email them at contactus@vnsfin.com.
OPEN FREE DEMAT ACCOUNT
Online Account Opening with TradeSmart
Opening online account with TradeSmart is very simple and doesn’t take more than 15 minutes and is opened within a day. The paperless process is relatively easy, convenient and hassle free. But the prerequisite is that your Aadhaar should be linked with your mobile number in order to open online TradeSmart account.
Step 1 Visit official website of TradeSmart and click “Online Account Opening” tab on the top or alternatively click this link and key in your name, email id and mobile number. You will be taken to the next page and asked to set a password following which PAN card details need to be entered.
Step 2 Next you need to choose scheme preference and accordingly make the payment. Here banking details needs to be furnished with account number, IFSC, MICR, Bank name and branch details.
In the subsequent page there’s a webform where address and basic personal details will be asked for. In the next section you need to upload all those mandatory documents required for
account opening. Make sure you have both front and backside of the id proofs scanned.
Step 3 For trading in derivatives six months’ bank statement or IT return certificate is required to be uploaded. As per SEBI policy, you need to upload video for in-person verification (IPV).
Step 4Create a small video of size not exceeding 12 MB that would have you holding any of the valid address proof next to you and read out the script accordingly. On submission of the video, your eKYC verification starts and intimation is send through SMS / email.
Step 5 Next e-Sign your application with Aadhaar OTP that will be send to your Aadhaar linked mobile number. Separately e- signing of trading KRA and DP documents need to be done through Aadhaar OTP. Later you have send across PoA (Power of Attorney) to TradeSmart. Nomination form can also be submitted likewise.
Important forms related to account opening can also be downloaded from their
“Downloads” section under “Support” or by accessing https://tradesmartonline.in/downloads/
