Almondz Free Demat Account
By admin / July 13, 2024 / No Comments
About Almondz
Almondz Global Securities Limited, a publicly listed company, has been a financial services provider since 1994. We offer depository participant services, wealth management advisory, and equity broking services under the brand name – Almondz Trade. The company is enrolled in the National Stock Exchange of India Limited (NSE), Bombay Stock Exchange Limited (BSE), and Central Depository Services (India) Ltd. (CDSL) for depository services.
Ajay Kumar
Non-Executive & Independent Director (Retired IAS officer) |
NAVJEET SINGH SOBTI
Senior Executive Director (Non-Board) |
SATISH CHANDRA SINHA
Non-Executive & Independent Director (Former Executive Director, Oriental Bank Of Commerce & General Manager - Union Bank Of India) |
KRISHAN LALL KHETARPAUL
Non-Executive & Independent Director (Former Executive Director, Reserve Bank of India) |
NEELU JAIN
Non-Executive Director (Associated as Director in Jan Sikshan Sansthan and works for upliftment and empowerment of women) |
MANOJ KUMAR ARORA
Managing Director |
Invest Right with the Right Platforms
Trade Unrestricted - Install Almondz Trade App & Start Your Trading
Mobile Application
Simplified trading application to support your investment needs on both iOS and Android operating systems
0 Brokerage
on Delivery
Quant
Powerful Tool
300+
Employees
Research & Recommendations
Almondz Charges
Segment | VALUE |
---|---|
Trading & Demat Account Opening | Free |
Annual Maintenance Charges (AMC) | 20+GST per month (from 2nd Year) |
DP Charges | ₹15 + GST per scrip |
Brokerage
Segment | Charges |
---|---|
Intraday | Flat Rs 20 per order |
Delivery | 0 Brokerage on Delivery |
Future | Flat Rs 20 per order |
Option | Flat Rs 20 per order |
Currency | Flat Rs 20 per order |
MCX (Future) | Flat Rs 20 per order |
MCX (Option) | Flat Rs 20 per order |
Mutual Fund | Free |
Call and Trade Charges | Rs 50 per call |
Group Services
NFBC
NFBC Almondz FInanz Limited (ALF)
Incorporated in 2006
Incorporated in 2006
WEALTH
Holistic Investment Approach for Wealth Growth
HEALTHCARE
Skiffle Healthcare Services Ltd., a 100% subsidiary of Almondz since 2012
COMMODITIES
NFBC - Almondz FInanz Limited
Real State
Acrokx Realty Private Limited (ARPL)
Empowering realtors and clients
CAPITAL SERVICES
Avonmore Capital & Management Services Limited (ACMS)
Registered with Reserve Bank of India as an NBFC
What Documents are Required for a Demat Account
Get ready with the following documents to open an online and free Demat Account with Almondz. Hard copies of each document are necessary to open an offline account.
1.)A scanned copy of your PAN Card is required
2.) Proof of identification (POI) : PAN Card, Voter ID, Passport, or any ID card issued by the central or state government with the applicant’s photo.
3.) Proof of Address (POA): Aadhaar Card, Ration Card, Passport, Voter ID, or verified copies of electricity bills.
4.) Bank Proof: Cancelled cheque, Bank Passbook, or a 6-month Bank Statement.
5.) Income Proof : ITR with Income Computation, Salary Slip, Net Worth Certificate, or a Copy of Form 16. For derivatives segments, you may also attach your demat holding.
Note1 –
A.) These documents are necessary for the KYC (Know Your Customer) process and to verify your identity and address.
B.) It is important to link your Aadhar number with demat account because it is mandatory by government of India.
C.) Disclaimer: Investments in securities, commodities, IPOs, and mutual funds are subject to market risks. Please read all related documents, including the Risk Disclosure Document (RDD), carefully before investing.
Other Charges
AMC | 20+GST per month (from 2nd Year) |
---|---|
Equity (MTF) | Rs 20 per executed order |
DP Transaction | Rs 15 + GST per scrip |
OFF Market transactions to other brokers | Rs 25 or 0.03% of the transfer value (whichever is higher) |
Pledge/Unpledged | Rs 20 + GST per script |
Auto square off | Rs 20/ order + GST per intraday order that automatically squared off by our team before market closure |
P&L / CMR Physical copy | Rs 50/- per request + GST (Will be debited in the Ledger) |
CNT | Rs 50/- + GST |
Payment Gateway/th> | Rs 7/- including GST |
Interest | 0.0493% per day on outstanding MTF & non-MTF Debits & maintenance of 50:50 marginr |
CUSPA | 0.0493% per day on outstanding MTF & non-MTF Debits & maintenance of 50:50 margin |
CHEQUE BOUNCE | Rs 300/-(will be debited in the Ledger |
PHYSICAL REPORTS | Rs 50/- + GST (Will be Debited in the Ledger) |
DEMAT | Rs 50/- + GST |
GST | 18% ( on brokerage + transaction charges) |
MTF | 0.0493% per day on outstanding MTF & non-MTF Debits & maintenance of 50:50 marginr |
Margin shortfall penalty | As per the Exchange |
Buyback/Takeover/delisting /OFS | Rs 20 plus GST will be charged |
Charges Explanation -
- Brokerage Charges :These fees are applicable for the trading services the broker provides you.
- Government and Regulatory Charges : These are various charges applicable to each transaction, which are paid to government bodies and regulatory authorities
- Government charges
- STT/CTT - Securities/Commodities transaction tax
- Levied by the Government on Securities and Commodities
- Charged on both buy and sell Stocks - Equity Delivery orders
- Charged only on sell Intraday and F&O orders
- May be more than the brokerage we charge
- GST - Goods and Services Tax
- Levied by the government on the services rendered
- 18% of (brokerage + transaction charges + Demat)
- Stamp Duty Charges
- Stamp duty charges are a part of the state revenue system
- Applicable on the trading of Securities and Commodities
- in 2020, uniform stamp duty charges are applicable across all the states in India.
Why You Should Choose Almondz Global Securities Limited
Pros | Cons |
---|---|
Company Provides 0 Brokerage on Equity Delivery all time, in rest segment upto 3 months | They don’t have branches except Delhi, Mumbai and Kolkata. |
Free Demat and Trading Account | To participate in corporate action like Buyback, OFS, Right issues Facility is not available. |
Company has Quantpower very powerful tools for Derivatives segments trader | We can get data about indices, not for Stocks. |
In-built analytics and Scanners for F&O | Customer care service may not meet your expectation |
Margin Trade Faclity (MTF) is available | |
Algo Trading Tool | |
Position Conversion Facility | |
Stock SIP, after market order (AMO) Facility is availe |
Almondz Global Securities Limited - Registration details
SEBI Registration Number | INZ000213936 |
CIN | L74899DL1994PLC059839 |
Member - NSE | 12252 |
Member - BSE | 3055 |
Attention Investors:
1. Investments in the securities market are subject to market risks; read all the related documents carefully before investing.
2. SEBI Risk disclosures on derivatives :
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to ₹ 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
3. Capital Gain tax :
- LTCG (Long term Capital Gain Tax) has been changed from Union Budget 2024 12.5% from 10% with a new revised Exempt Limit 125000 from the old limit of 100000 and LTCG is applicable for more than 2 years holding time period, in Some asset Indexation benefits, also removed like Real Estate, Gold etc.
- STCG (Short term Capital Gain Tax) has also changed from Union Budget 2024 20% from 15% applicable less than 2 years holding.
4. F&O STT is revised 0.10% from 0.02% in each transaction.
5. MAKE YOUR TAX PLANNING BEFORE INVESTING DUE TO TAX uncertainty IN INDIA.
6. Prevent unauthorized transactions in your account update your mobile number/ email Id with your Stock Broker. Receive information of your transactions directly from Exchange on your mobile / email id at the end of the day.
Disclaimer: Investments in securities, commodities, IPOs, and mutual funds are subject to market risks. Please read all related documents, including the Risk Disclosure Document (RDD), carefully before investing.
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