Account Opening


1.What Are the Different Types Of Accounts?

There are three types of accounts – Trading, Trading & Demat, Commodity Accounts

  1. Only a Trading account is needed to trade F&O (Equity, Currency)
  2. Commodity trading account is needed to trade MCX and NCDEX
  3. Demat is required for equity delivery based trading

To trade intraday equity only trading account is enough, but you have to map any existing demat account that you already hold to this trading account.

2.How much time is required to open an account?

  1. 10 minutes for both trading and Dmat account through our Adhaar based account opening software if all the documents are available with the client

You can start trading F&O as soon as your equity trading account is opened. To trade equity (delivery or intraday), you will need to wait till the demat account is opened.

3.What are the required documents to open an account?

  1. PAN Card (Permanent Account Number): You are required to provide a self attested photocopy of your PAN card.
  2. Address Proof:  Everything at Ez Wealth is online and all the information from us will be sent to you on your email. Even then, it is compulsory for you to provide us with an address proof. You’d be required to provide proofs of correspondence and permanent address. Your correspondence and permanent addresses could either be same or different. If your correspondence address is different from your permanent address, then you’d have to give us a proof for each of the addresses. To get your account opened at Ez Wealth, you are required to courier us the Account opening forms. We would request you to give us your original documents like land line telephone bills, electricity bills, bank statements etc. as your proof of address. In case you are providing us your Passport/Driver’s license or any such document, we would appreciate if you could get such document notarized or signed by a gazetted officer. Regulators require us to ensure that none of the proofs you provide are forged and this process will help us ensure the same along with ensuring that your account gets opened faster. The account opening instruction sheet has a detailed list of all documents that can be attached as address proof.
  3. Income proof : To trade Futures & Options or to trade Commodities, Exchanges ask us to ensure that the client has some other source of Income/Net worth. Hence if you want to trade these segments, you will be required to give us an Income proof or Net worth Certificate. It could be Form-16, IT acknowledgement copy, 6-month Bank statement (will also act as an address proof), Stock Holding Statement, or the CA certifying your net worth. This is a mandatory document for trading Derivatives today.
  4. Photos:  Passport size photos would be required to open an account. The number of photos required will depend on what kind of account you are opening. The instruction sheet would carry the details.
  5. Cancelled cheque: An original cancelled cheque is required to confirm your Bank Account and because it is an original document, it also ensures that we are complying completely with the exchange regulations. We would need one original cancelled cheque leaf and a cancelled cheque leaf would look something like this:

4.What Are Account Opening Charges?

We open free of cost trading  & lifetime demat account and comes with the option of unlimited trading in all segments.

5.What are the different ways to open an account?

  1. You can fill our account opening form online.
  2. You can also download our account opening, print a copy and send it us.
  3. If you are in a remote area you can request us to send the application packet via courier which you can send back with the filled form and relevant documents.

6.What are the next steps after opening an account?

Once your account is open you will receive 2 emails from Ez Wealth

  1. Welcome email which gives you the login and password to our reporting back office platform.
  2. Trading and transaction passwords email. You can login and trade using these on any of our platforms. You will be asked to change the passwords on your first login. You will be able to trade or view equity/stocks only once the Dmat is opened

7.What is the username and password policy at Ez Wealth?

At Ez Wealth we have various products offerings that require separate authentications; a user who has a trading account with us has to enter his credentials for:

  1. Online Trading
  2. Back-Office Login
  3. Fund Transfer

8.How would I be able to make transactions after I open an account on Ez Wealth Online Portal?

There are several ways to make transactions on Ez Wealth Portal; you can access the Online Trading platform through our quick links. You can also access our Transact Now page which is a menu item under My Accounts by entering your UID and Password that would be provided to after your trading account is opened.

9.Who do I contact for Username , Password and other access issues?

For all username and password related questions please contact our Customer Care center our drop us an email at help@ezwealth.in

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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.

Wealth Discovery Securities Pvt Ltd - CIN: U74999DL2010PTC211626 | Wealth Discovery Commodity Pvt Ltd - CIN: U74999DL2011PTC213264

Disclaimer : Prevent unauthorised transactions in your account. Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of investors. All clients have to update their email id and mobile number with Member.
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