Account Opening
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What are the documents required for account opening with ProStocks?

Following document are required to open individual account in Equity Segment :

  • One photograph of Client
  • PAN card
  • Address proof
  • cancelled cheque leaf having pre printed name of account holder or Bank statement having Name , Address and IFSC code

Any one document out of the following eight document required for opening account for Equity Derivatives or Currency Derivatives in addition to above given list :

  1. Copy of ITR Acknowledgment.
  2. Copy of Annual Accounts.
  3. In case of Salary Income - Salary Slip, Copy of Form 16.
  4. Net Worth Certificate having Net Worth of more than Rs 2 Lakh.
  5. Copy of demat account holding statement having holding value of more than Rs 2 Lakh.
  6. Bank account statement for last 6 months having reasonable transaction to suggest Net Worth of more than Rs 2 Lakh
  7. Self declaration with relevant supporting documents.
  8. Any other relevant documents substantiating ownership of Assets.

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  • Guest - Raviraj bhatt

    Dear Team, out of the above 8 documents if none is available or applicable then there's no account opening in prostocks.....? Means not eligible to open demat account or trading account with prostocks...?

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  • List of above 8 document is for Trading in Futures and Options. Trading Account for equity cash segment can be opened without these document , so also the Demat Account .

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  • Guest - Raviraj Bhatt

    Dear Team, Thanking you for your reply.. if I wish to trade in F&O then how to proceed as out of the above 8 list of documents I don't have 1point,2,3,4,5point documents as am not eligible as am not working currently and have bank statement but not with more than 2lacs transaction in account...? So how to proceed....

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  • Derivatives are complex products and not for small investor. Please avoid derivatives if you do not have networth of Rs 2 lacs.

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  • Guest - Steven

    For trading in equity based ETFs, do I have to submit any of the 8 documents?

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  • Guest - Steven

    No. Exchanges Traded Fund are listed on Equity segment and not Equity Futures and Options segment , hence not required.

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  • Iam a day trader with 2 lakh capital ,is the statement sufficient for derivative trading

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  • Nivas

    Six Months Bank statement would be sufficient.

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