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Any individual, HUF (Hindu Undivided Family), proprietary firm, partnership firm
or a corporate can open online trading account with Fairwelth.
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It takes normally 3-4 working days to open an account provided documents submitted
are in order.
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Yes, it is compulsory to have demat account with us for Internet Trading.
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You can trade on NSE, BSE, MCX, NCDEX and MCX-SX on single platform.
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Delivery Trading is basically delivery based trading wherein 100 percent Funds /
Shares are blocked at the time of placement of the order. i.e. if you want to buy
shares you should have the entire amount of funds in your cash limit and if you
want to sell shares the same should be available in your demat account. For sell
positions, your trading limits will be increased immediately with the sell trade
value. This will enable you to take further positions in the market.
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When the margin position is closed out (either by squaring off or converting to
delivery), the proportionate margin blocked on the position so squared off is released
back and added to the limits.
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In simple words, it is a contract to exchange one currency for another currency
at a specified date and a specified rate in future. Therefore, the buyer and the
seller lock themselves into an exchange rate for a specific value or delivery date.
Both parties of the futures contract must fulfill there obligations on the settlement
date. All settlements go through the exchange.
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In simple words, it is future contract where there is an agreement between two parties
to buy and sell a specified quantity & defined quality of a commodity at a certain
time in future at a price agreed upon at the time of entering into the contract.
All settlements are done through well regulated commodity exchanges.
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Yes, you can modify or cancel an order any time before execution. You can do this
by accessing the Order Book page where you have the option to modify or cancel the
order.
You would not able to modify or cancel order if order has been sent to exchange
& confirmation is awaited.
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You get instant trade confirmation on your trading portal. Apart from this, a soft
copy of Contract note is sent to your registered mail id & hard copy of contract
note is dispatched on your address (registered with us). You will also receive an
SMS of your net obligation, at the end of trading day, if you have provided us your
mobile number.
You can also check your online back office, round the clock, to track trading done
by you.
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Online Trading account comes with Online IPO and Online Mutual Fund features. Thus,
with single registration, you can apply for IPOs online & can transact in a large
number of mutual fund schemes available online. You can also access your back-office
online anytime anywhere to track your investments.
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Yes, you can submit a Cheque but buying limit would be provided to your trading
account once the same is cleared & confirmed by the bank.
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