 How long does it take to open a trading account?
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It takes normally 3-4 working days to open an account provided documents submitted
are in order.
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Is it mandatory to open a demat account with you for trading?
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It is not compulsory but advisable to have demat account with us.
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How can I place orders?
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ShareIndia provides Call-N-Trade services to its customer so that customer can place
order.
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How many exchanges can I trade on?
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You can trade on NSE, BSE, MCX, NCDEX and MCX-SX .
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Can I transfer funds online?
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Yes, you can transfer funds online.
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Can I submit Cheque if I do not have online banking facility or if my net banking
is not working?
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Yes, you can submit a Cheque but buying limit would be provided to your trading
account once the same is cleared & confirmed by the bank.
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What is Delivery Based Trading?
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Delivery Trading is basically delivery based trading wherein 100 percent Funds /
Shares are blocked at the time of placement of the order. i.e. if you want to buy
shares you should have the entire amount of funds in your cash limit and if you
want to sell shares the same should be available in your demat account. For sell
positions, your trading limits will be increased immediately with the sell trade
value. This will enable you to take further positions in the market.
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What is Margin/Intra day trading?
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In Margin trading / Intra day trading, if you place a buy order then you will have
to place a sell order or vice versa same day i.e. in same settlement cycle. You
are required to close all your intraday positions prior to 30 minutes of market
closure. Share India may square off, whenever it is applicable, 20 minutes prior
to normal market closing. You can also convert margin orders to delivery if you
have sufficient buying power available in your trading account.
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When do you release the margins blocked on margin positions?
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When the margin position is closed out (either by squaring off or converting to
delivery), the proportionate margin blocked on the position so squared off is released
back and added to the limits.
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What is Currency Futures?
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In simple words, it is a contract to exchange one currency for another currency
at a specified date and a specified rate in future. Therefore, the buyer and the
seller lock themselves into an exchange rate for a specific value or delivery date.
Both parties of the futures contract must fulfill there obligations on the settlement
date. All settlements go through the exchange.
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What is Commodity Futures Trading?
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In simple words, it is future contract where there is an agreement between two parties
to buy and sell a specified quantity & defined quality of a commodity at a certain
time in future at a price agreed upon at the time of entering into the contract.
All settlements are done through well regulated commodity exchanges.
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Can I cancel / modify order?
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Yes, you can modify or cancel an order any time before execution. You can do this
by giving instruction to your Dealer. You would not able to modify or cancel order
if order has been sent to exchange & confirmation is awaited.
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Do I get any confirmation after trading is done?
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You will receive an SMS of your net obligation, at the end of trading day, if you
have provided us your mobile number. You can also get confirmation from your Dealer
by calling him at any time during the Day and Contract note of your trades also
be sent to your Email Id after trading hours.
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How to contact for help related to trading?
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At ShareIndia, we are always happy to help our customers. You can contact our helpdesk
by any of the following ways Mail us: info@shareindia.com
Call us : (011)-43011000
* Available from 09:00 a.m. to 06:00 p.m. from Monday to Friday and from 10:00 a.m.
to 2:30 p.m. on Saturdays.
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