Trading Platform - 021 Trade (Page 3)

Can a second or third holder be added to an existing individual account to make it a joint account?

No, once an individual demat and trading account is opened, a second or third holder cannot be added later to make it a joint account. If you wish to have a joint account, it must be opened as a new joint demat account from the beginning, with all holders'

FAQ

Can a demat account maintained with other brokers be mapped to a 021 Trade trading account?

A demat account with another broker cannot be directly linked to a 021 Trade trading account. For smooth trading and settlement, both the trading and demat accounts need to be opened with 021 Trade or its associated depository participant. If you already hold shares in another demat account, you can

FAQ

How to find the name as per my PAN card?

To find the name as per your PAN card, log in to https://www.incometax.gov.in/iec/foportal, click on your name at the top right corner, and select My Profile. Your name and date of birth as per PAN will be visible there. Please note, your account will

FAQ

Why pan card and aadhar card collected via digilocker to complete the KYC in 021 Trade?

PAN card and Aadhaar card are collected via DigiLocker to complete KYC at 021 Trade because DigiLocker provides documents directly from government databases, ensuring they are authentic, valid, and tamper-proof. This helps verify your identity and address quickly, reduces errors compared to manual uploads, and speeds up the account opening

FAQ

Why did PAN verification fail while opening a 021 Trade account?

PAN verification may fail while opening a 021 Trade account due to one or more of the following reasons: 1. Mismatch in Name or Date of Birth: The details entered (name or DOB) may not exactly match the records in the Income Tax Department database. Even a slight difference in

FAQ

Can a Trading and Demat Account be Opened with 021 Trade if there is an Existing Account with another Broker?

Yes, you can open a Trading and Demat account with 021 Trade even if you already have an account with another broker. There is no restriction on maintaining multiple Trading or Demat accounts in your name with different brokers. You may continue using your existing account while also opening and

FAQ

What is market depth and how to view it on Carbon?

Market Depth is a valuable feature that reveals the top 5 buy (Bid Prices) and sell (Ask Prices) orders for a stock, helping traders gauge demand and supply at various price levels. By showing the current buying and selling interest, this tool supports informed trading decisions and provides valuable insights

FAQ

Can the 021 Trade user ID be changed?

No, the 021 Trade user ID cannot be changed once it is created. The user ID is unique to each account, which is registered and is used to track all transactions on the exchange. It serves as the primary identifier for accessing the platform and is tied to your account

FAQ

Why did the market order in the pre-open session change to a limit order?

The pre-open session, captures all orders to determine the equilibrium price during the session. This happens to ensure fair price discovery and to prevent market orders from executing at extreme or unfavorable prices when regular trading begins. If any market order is not fully matched during the pre-open session, the

FAQ

How to log in to the Carbon (web)?

Clients can log in to the 021 Trade's Carbon URL using their registered email ID and password. As part of the two-factor authentication process, an OTP will be sent to their registered email, which must be entered to complete the login. Upon successful login, a Risk Disclosure notice

FAQ

What are stock market timings?

The Indian stock market operates during specific hours on weekdays, making it important for traders and investors to be familiar with these timings for informed and efficient decision-making. The equity market operates from 9:15 AM to 3:30 PM, Monday to Friday, with different segments and sessions structured around

FAQ

What is an Electronic Contract Note (ECN)?

An Electronic Contract Note (ECN) is a digital document that serves as a confirmation of trades executed by a client through a stockbroker or alternatively by the broker on behalf of the client. It summarises all transactions made on a particular trading day and includes crucial details such as: Trade

FAQ

What are the charges for opening an account at 021 Trade?

Opening an account with 021 Trade is completely free, whether you choose the online or offline option. There are no charges for individual accounts, making it easy to get started. Annual maintenance charges apply only if your holding value exceeds ₹4,00,000—in that case, it's ₹250

Beginner's Guide

What is the difference between Settlement holiday and Trading holiday?

Trading Holiday: A trading holiday is a day when the stock exchanges are closed, meaning that no buying or selling of securities can occur. On such days, all trading activities are suspended. This typically aligns with public holidays or significant events recognized by the stock exchanges. Settlement Holiday: In contrast,

Order Placement

Why does one receive an SMS and Email from NSE, and BSE when trading?

When you trade in the stock market, you receive confirmations of your activity from both the National Stock Exchange as well as the Bombay Stock Exchange. This is part of a regulatory mechanism to ensure that investors are aware of and have authorised the transactions that take place in their

Beginner's Guide

What are the best practices for securing a trading account?

To secure a trading account effectively, consider the following best practices: * Use Strong Passwords: Create strong, unique passwords combining uppercase and lowercase letters, numbers, and special characters. Avoid easily guessable information like birthdays or common phrases. * Two-Factor Authentication (2FA): Utilize 2FA for an additional layer of security. This requires a

FAQ

Can a trading and demat account be opened with 021 Trade if there is an existing account with another broker?

Yes, you can open a trading and demat account with 021 Trade even if you already have an account with another broker. There is no restriction on having multiple trading or demat accounts in your name. You can continue using your existing account and also enjoy the services offered by