FAQ-Trading

What is a Broker account?

Broker account is also known as a trading account. It is a common platform to sell or purchase securities. Securities are purchased or sold through a trading account, held in a DEMAT account and payments are made through the linked bank account.

Are there any charges for opening a broker account?

Not a single paisa to be paid. It’s all free.

What documents are needed when opening a broker account?

  1. Confirmation slip of DEMAT account
  2. One Passport size photograph
  3. Copy of citizenship certificate

When do we have to submit/do DIS cheque/e-DIS?

DIS cheque or e-DIS need to be made a day after securities are sold.

By when do we have to make payment after purchasing shares?

After purchase, the client needs to make payment within the next 2 days as per the norms of T+2 trading rule. Only after completion of payment, settlement will carry out.

How can one get TMS service from Premier Securities?

First update the KYC, fill up the agreement paper for the online trading. Then get username and password in the mentioned email and access the trading window.