Nowadays, the trading landscape is booming, and the opportunities for skilled traders are bigger than ever. In that case, Tradex App is standing at the forefront in today’s competitive market. However, this app is empowering young professionals from various backgrounds to build a successful career in trading. If you are a beginner in the trading world, you must know the term demat account. Do you know its importance for each trader? However, a demat account is the backbone of the contemporary trading system. Being a trader, it is necessary to open a demat account to secure your shares, bonds, and other digital assets. Nowadays, traders are looking for a zero-brokerage platform. So, tradex1.live is your game-changing option, which comes with a lot of features.
Benefits of using a demat account
If you want to start trading, you should understand a demat account and its features. Let’s check out:
Fast settlements
A demat account comes with a feature of a T+1 settlement cycle. With this feature, the post-trade securities get transferred quickly.
Enhance security
A demat account offers a high-end security level. A trader with a demat account will never face any kind of damage or fraud.
Lower costs
We all know that physical certificates incur heavy charges due to stamp duty. But a demat account requires digital certificates that don’t need stamp duty. So, your costs will be saved.
Easy accessible
You can access your demat account easily and efficiently. However, you can monitor your investment portfolio and funds whenever you want.
Wide range of investments
You will get a wide range of investment opportunities with the demat account. You can hold mutual bonds, shares, and many more in a single account.
Process of opening a demat account
Let’s check out the process of opening a demat account. These are,
Step: 1
First, you can choose a broker that offers demat services. For example, Tradex App offers demat services.
Step: 2
You need to complete an online KYC to open a demat account. Here, you are required to upload certain documents like Aadhaar, Pan, and bank details.
Step: 3
Also, you need some more documents, i.e., valid address proof, income certificate, and ID proof.
Step: 4
After uploading documents, Aadhaar verification will be done to enhance your security level for trading purposes. Also, there will be a Video KYC process.
Step: 5
Once the verification process and documents have been approved, you will get a Beneficial Owner Identification Number.
However, the Tradex1.live app offers this entire process quickly. Due to the paperless feature, you will find it more efficient. This hassle-free process encourages trading lovers to start trading as soon as possible.
Trading account
A lot of beginners confuse the difference between a trading account and a demat account. Hence, the proper knowledge of both accounts is important to elevate the journey of trading. If you want to unlock your trading potential, the Tradex App will help you get the best results. With our expert relationship manager, you will understand the necessity of both a demat and a trading account. However, your securities and shares are digitally stored in a demat account. To buy and sell shares in the stock market, you need a trading account. However, this account will be linked to your bank account. So, it ensures that all your funds will be transferred on time to your bank account.
If you want to open a live trading account on Tradex1.live, you must follow some simple steps. These are,
Step: 1
Open the official website of Zero brokerage Trading App. Let’s open https://web.tradex1.live/login
Step: 2
After opening the home page of Tradex1.live, you will find the sign-up button.
Step: 3
To register, enter your valid mobile number and email ID.
Step: 4
Now, you need to face a verification process from tradex1.live app. You will receive an OTP on your mobile and email.
Step: 5
Enter the OTP in the mentioned box and click on the “seat” button.
Step: 6
To start trading on tradex1.live, you should have a valid username and password. Always remember that your password will contain a first capital letter, a special character, and digits.
Step: 7
Let’s click on the submit button and create your trading account in tradex1.live.
Why do people choose Tradex1.live app?
If you are interested in trading but cannot find a user-interface platform, right? Let’s use Tradex App that offers a lot of benefits.
Zero Brokerage
Tradex1.live is a Zero brokerage Trading App. If you have traded on another platform, you know the huge brokerage charges every time you buy or sell. Brokerage charges will definitely eat your profits. With the tradex1.live app, you can trade as often as you want without paying a single brokerage penny. For this huge relief, a lot of people are using this app widely.
Access to Indian and US Stocks
Tradex1.live allows you to trade both US and Indian stocks. This great opportunity makes Tradex App one of the most trending trade apps. While trading on both markets, you can gain huge benefits from both economies. You can take advantage of Reliance as well as Apple, Microsoft, etc.
Up to 500x Margin
Tradex1.live offers up to 500x margin, which is a great benefit. Moreover, you can trade with up to 500 times the amount of money you have in your account. With this feature, you will be able to get the chance to make larger trades and the biggest profits. Don’t worry; if you are a beginner, you will get help from our relationship manager, who will help you invest efficiently.
24/7 Deposits and Withdrawals
One of the best features of Tradex1.live app is that you can deposit and withdraw money from your account at any time. You don’t have to wait for any specific time to deposit or withdraw money. If you face any kind of issues while withdrawing or depositing money, call the customer support team. They are 24/7 available to resolve your queries with ease. However, after placing the withdrawal request, you will get profits within 30 minutes.
Simple and user-friendly platform
If you are new to trading, then you need a simple platform to analyze the trading details. However, Tradex1.live is designed to offer a simple and user-friendly interface to new traders. This platform’s clean interface will make it easy to find what you need. You will find easily any details like market charts, account balance, and many more. As you don’t handle complicated technical options, this app is perfect for you. Also, this app is mobile-friendly and provides a smooth interface.
At present, trading brings a massive change in the Indian economy. If you are a beginner, you should open a digital account for trading. However, to achieve huge success, traders need a cost-effective platform. In that case, tradex1.live ensures users can grab the maximum profit with zero risks. Tradex1.live app offers a wide range of powerful features, affordable options, and convenient trading options. Tradex App offers huge benefits beyond your expectations, and it is your trusted trading partner. Its responsive customer support allows you to focus more on trading rather than resolving bugs. Let’s download Tradex1.live app now and experience trading excellence.
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Reach Tradex.live: https://tradex.live/links/
