Individual accounts are the most common personal investment accounts. The minimum investment required is Rs. 250,000
Joint accounts are set up by more than one person. The minimum investment required is Rs. 250,000
Corporate accounts can be opened by institutions, companies, partnerships, trusts and non-profit organizations. A minimum of Rs. 1,000,000 is required to open a Company Account at AKD Trade.
A brokerage account in which the customer is required to pay the full amount prior to the placement of orders and where the customer's trading limit is equal to the amount of funds deposited in the account.
Unlike a cash account, a margin account allows an investor to buy securities with money that he/she does not have.
Note:
"DVP Account" will be charged Delivery commission does not matter if it is a day trade.
"Margin Account" will be charged Day trade commission when a day trade is performed and will be charged Delivery commission when shares are kept overnight.
If a scrip that is on spot is day traded through "Margin Account", commission will be charged based on the Delivery commission structure.
