• How do I open an account ?
Simply Apply online or contact us at 1800-1 1-0444.
• What is my Login Credentials?
Your login ID for RR is shared with you in the “Welcome Email” when you open your
account. In case you do not remember your login ID, you can send an email on rrequity@rrfcl.com
and mention your PAN number. Our support team will give you your login ID.
• Where will I receive my login details?
Once your account is activated, you will receive your login credentials on your
registered email ID. You will be able to access your account with these credentials.
• How to login and reset my new password.
Simply put in your login i and click on “Forgot Password”. You will receive a link
to reset your password on your registered email address. Please ensure that you
set a strong alphanumeric password (6-12 length) with one special character. Once
you reset the password, you can login to your account using the new password.
• Eligibility for opening trading account ?
Any individual, HUF, proprietary firm, or a company can open an account.
• What are market timings ?
Equity-
Pre-market -9 am to 9.15 am
Normal trading - 9.15 am to 3.30 pm
Post-market -3.40 pm to 4.00 pm
Currency-
Normal trading & cross-currency - 9 am to 5 pm
• What is Securities Transaction Tax (STT)?
Securities Transaction Tax (STT) is a tax being levied on all transactions done
on the stock exchanges.
• How do I open a Trading Account without opening a Demat account?
NSE/BSE mandates a Demat with your Trading Account for securities. Currency and
Commodities do not require a Demat Account.
• ISIN Number
The International Securities Identification Number or ISIN Code is a unique code
that is used to identify securities.
• Documents required for account opening ?
The following documents are required to open an account for a resident individual
:
1.) PAN Card – As per the SEBI Regulations, a PAN Card is mandatory document
for any investment in capital markets
2.) Aadhaar Card – This is required for paperless account opening.
3.) Cancelled Cheque – A cancelled cheque should clearly mention the name
of the Account Holder, Account Number, IFSC Code and MICR Code.
4.) Photograph – A Passport size photograph is a KYC requirement as per the
SEBI Regulations.
5.) Signature on White Paper – This is a regulatory and operational requirement
to cross-reference the signature in the case of physically opening an account.
6.) Income Proof (for Derivatives) – For Trading in futures and options of
all Equity, Commodity and Currency , Income Proof is a mandatory document.
• Frequently Used terms in Equity Trading?
1.) Market Order – A market order is a buy or sell order to be executed immediately
at the current market prices.
2.) Limit Order - An order to buy or sell a stock at a specific price or
better.
3.) Stop Loss Orders – It is an advance order to sell an asset when it reaches
a particular price point. It is used to limit loss or gain in a trade.
4.) Bid Price - Highest price that a buyer is willing to pay for a goods.
5.) Ask Price - The price a seller states they will accept.
Demat Account Definitions
• Demat: A Demat Account helps the investors hold shares and securities in
electronic format.
• BSDA: Basic Service Demat Account, a type of account which offers limited
services at reduced costs.
• PoA: Power of Attorney, a legal document giving authority to broker to
settle the trades though holding in clients demat account.
• DPC: Delayed Payment Charges.
• Dematerialisation: Process to converting physical certificates to electronic
form.
• Rematerialisation: Process of converting electronic shares to physical
certificates.
• DIS: Delivery Instruction Slip, Similar to conventional cheque book for
demat account. It is used offline demat account transactions.
• NSDL: National Securities Depository Limited, the 1st central securities
depository. It offer services to hold shares in electronic form on behalf of the
customer.
• CDSL: Central Depository Services (India) Limited, the 2nd securities depository.
It also offers service to hold shares in electronic form.