Prevent Unauthorized transactions in your Trading and or demat account, Update your Mobile/Email-IDs with your Stock Broker/Depository Participant. Receive alerts on your registered mobile/E-mail ID for all debit and other important transactions in your demat account directly from CDSL and information of your transactions directly from Exchange on the same day.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
Please note as per instructions from SEBI. it is mandatory to update your "Name, Address, PAN, Mobile No, Email Id & Income Range" with your broker before 30th September, 2021. In order to continue enjoying services in your DEMANT & TRADING A/Cs.
Please note as per instructions from SEBI. it is mandatory to update your "Nominee or opt out for nominee if you do not want avail nomination" with your broker before 31th March, 2023. In order to continue enjoying services in your DEMANT & TRADING A/Cs
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
Beware of fixed/guaranteed/regular returns/ capital protection schemes. Brokers or their authorized persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/ capital protection on your investment or authorized to enter into any loan agreement with you to pay interest on the funds offered by you. Please note that in case of default of a member claim for funds or securities given to the broker under any arrangement/ agreement of indicative return will not be accepted by the relevant Committee of the Exchange as per the approved norms.
Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the credit balance lying with them, within three working days in case you have not done any transaction within last 30 calendar days. Please note that in case of default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms.
Check the frequency of accounts settlement opted for. If you have opted for running account, please ensure that your broker settles your account on first Friday of the quarter (or 30 days if you have opted for 30 days settlement). In case of declaration of trading member as defaulter, the claims of clients against such defaulter member would be subject to norms for eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on the Exchange website.
Brokers are not permitted to accept transfer of securities as margin. Securities offered as margin/ collateral MUST remain in the account of the client and can be pledged to the broker only by way of ‘margin pledge’, created in the Depository system. Clients are not permitted to place any securities with the broker or associate of the broker or authorized person of the broker for any reason. Broker can take securities belonging to clients only for settlement of securities sold by the client.
Don't ignore any emails/SMSs received from the Exchange for trades done by you. Verify the same with the Contract notes/Statement of accounts received from your broker and report discrepancy, if any, to your broker in writing immediately and if the Stock Broker does not respond, please take this up with the Exchange/Depositories forthwith.
Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported by the trading member, compare it with the weekly statement of account sent by broker and immediately raise a concern to the exchange if you notice a discrepancy.
Please do not transfer funds, for the purposes of trading to anyone, including an authorized person or an associate of the broker, other than a SEBI registered Stock broker.
Sharing of trading credentials - Login Ids & Passwords including OTP's.
Trading in leveraged products like options without proper understating, which could lead to losses.
Writing / selling options or trading in optioned strategies based on tips, without basic knowledge & understanding of the product and its risks.
Dealing in unsolicited tips through Whatsapp, Telegram, YouTube, Facebook, SMS, Calls etc.
Trading in "options", based on recommendation from unauthorized / unregistered investment advisors and influencers.
Your complaints w.r.t informing market manipulation/fraudulent activities, you may write on email id: report-mktmanipulation@nsdl.com.