Share Broker FAQs

By using a joint bank account ,can I open a trading account ?

If the joint bank account has either survivor or one of the signatory methods, then you can open trading and demat accounts both. The signatures of the two holder(s) are required to sign the cheque.

Can a person have Two trading accounts legally ?

You can legally have multiple stock trading account, but each must be with a different broker. You cannot have more than one trading account at the same broker. Similar to the above, an individual may have multiple demat accounts. However, …

What are the differences between per executed order and per trade brokerage ?

Both are the exact same. These terms are used to describe the brokerage fee for flat fee discount stock. These terms are also known as 'per executed orders'. Example: 5paisa, a discount stock broker, charges flat Rs 10 for each …

How power of attorney is used by Stock Brokers ?

A power of attorney is a document that gives legal authority to your stockbroker for your account to be operated according to the instructions in it. We use power of attorney every time you sell shares to debit your demat …

With the same broker, can we open multiple trading accounts?

No. You cannot have more than one trading accounts with the same broker. You can open as many trading accounts as you like with different brokers under the same name. for example, have accounts with ICICI Direct Sharekhan or ProStocks. …

FAQ Categories

Stock Market Basics FAQs Basic IPO FAQs Payment in IPO FAQs Allotment in IPO FAQs Basic IPO Grey Market FAQs UPI Application in IPO FAQs Refund in IPO FAQs Demat Account related FAQs PAN Card related FAQs Functions of SEBI FAQs IDR (Indian Depository Receipt) FAQs NCD & Corporate bonds related FAQs IPO Funding related FAQs SME IPO related FAQs Aadhaar Card related FAQs Basics of Options Trading FAQs Strategies to Options Trading FAQs Upstox FAQs Zerodha related FAQs Mutual funds related FAQs GST Span Margin Order Placement Exchange Traded Fund (ETF) Super Multiple After Market Order BSE Trading FAQs BNST FAQs Settlement Cycle FAQs Brokerage FAQs Portfolio Tracker FAQs Autoinvest FAQs Call & Trade FAQs Modify Orders FAQs Smart Order Routing FAQs Good Till Cancelled FAQs FAQs for Trailing Stoploss FAQs for Bracket Order FAQs for Super Multiple Option IPO Derivatives FAQs

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