Trading Platform FAQ’s

Ans. This can be done by clicking on the “forgot password” link. An automated mail should be sent to your inbox via which the password can be changed.

Ans. This can be done by clicking on the “forgot password” link. An automated mail should be sent to your inbox via which the password can be changed.

Ans. You can go to this link to reset/change your password (forgot password) for DIET/Online Trading Software Or you can call us to reset/unlock your account.

Ans. After three wrong attempts, your account will be locked- On ODIN and 10 attempts on Online Trading Software.

Ans. A Demat or dematerialize account is an account which is required for holding shares or securities of any other nature in electronic form instead of paper format. An investor purchases and sells securities through the Trading Account and after T+2 days the securities are transferred to the Demat Account.

Ans. Trading account is an account which is required for execution of purchase of listed securities in the Indian stock market. A bank account is linked with your Elite trading account and the holder of the elite trading account can transfer the funds directly into his/her trading account via net banking from his/her account. On having the clear balance in your trading account you can buy shares, which further gets transferred to your demat account with elite wealth advisors ltd.

Ans. As per the available statistics at BSE and NSE, 99.9% transactions take place in dematerialised mode only. Therefore, in view of the convenience of trading in dematerialised mode, it is advisable to have a beneficial owner (BO) account for trading at the exchanges.

Ans. Yes. An investor can open more than one account in the same name with the same DP and also with different DPs. For all the accounts, investor has to strictly comply with KYC norms including Proof of Identity, Proof of Address requirements as stipulated by SEBI and also provide PAN number. The investor has to show the original PAN card at the time of opening of demat account.

Ans. Yes. If the BO authorises any person to operate the account by executing a power of attorney and submit it to the DP, that person can operate the account on behalf of the BO.

Ans.Benefits and Key Features of Elite’s Demat and Trading Account:

  1. Delightful trading experience with seamless transition between Trading, Demat and Bank accounts
  2. Trade in Equity, Commodity, Derivatives and Currency
  3. 24-hours access to the account on all days
  4. Buy Today Sell Tomorrow (BTST) facility
  5. Excellent Research and advisory team
  6. Online Trading from anywhere
  7. Lifetime Free Demat Account
  8. Online IPO & Mutual Funds
  9. Dedicated Customer Care
  10. Low Brokerage Plans
  11. Free Research Calls
  12. Call n Trade Facility
  13. No AMC Charges
  14. Now Trade from Mobile

Ans. In order to dematerialize physical securities one has to fill in a DRF (Demat Request Form) which is available with the DP and submit the same along with physical certificates that are to be dematerialized. Separate DRF has to be filled for each ISIN. The complete process of dematerialization is outlined below:

  1. Surrender certificates for dematerialization to your DP.
  2. DP intimates to the Depository regarding the request through the system.
  3. DP submits the certificates to the registrar of the Issuer Company.
  4. Registrar confirms the dematerialization request from depository.
  5. After dematerializing the certificates, Registrar updates accounts and informs depository regarding completion of dematerialization.
  6. Depository updates its accounts and informs the DP.
  7. DP updates the demat account of the investor.

Ans. Yes. The process is called rematerialisation. If one wishes to get back his securities in the physical form he has to fill in the RRF (Remat Request Form) and request his DP for rematerialisation of the balances in his securities account. The process of rematerialisation is outlined below:

  1. Make a request for rematerialisation.
  2. Depository participant intimates depository regarding the request through the system.
  3. Depository confirms rematerialisation request to the registrar.
  4. Registrar updates accounts and prints certificates.
  5. Depository updates accounts and downloads details to depository participant.
  6. Registrar dispatches certificates to investor.