Comment on Various Types of Accounts

Mayank Gupta commented on 22 Apr 2015, 04:27 PM

Dear Nithin,

I wish to open an account with Zerodha, but have couple of initial queries – hope you will be able to clarify them.
– Presently i have a demat & trading a/c with a local broker which i wish to continue and at the same time use the Zerodha platform for buying & selling. For doing so, i just need to request for a trading account with Zerodha right (and not demat) ?
– I wish to apply for OFS by Govt. for India for various PSU divestment (which may happen periodically) – how i can avail this facility, as the same is not available in the trading platform?
– Whenever i will buy a share – will it automatically get transfer to my demat a/c or is there some broker pool a/c arrangement? And if it is getting transferred to demat a/c automatically, what will be the additional charges?
– Lastly, if say some order is executed in parts – then the applicable brokerage would be for 1 order or different parts?

Thanks in advance.
Looking forward for your reply.

Best Regards
Mayank

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