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Finwave Demat Account Opening, Trading Platform and Reviews 2024

 

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Finwave Account Opening Enquiry

Finwave Account Opening Process and Charges Details

Finwave is a leading independent full-service retail broking house in Gujarat. By utilizing modern technologies, Finwave ensures that clients have access to the latest tools and resources, enhancing their trading and investment experiences. Finwave's strong offline and online networks, coupled with a growing client base, allow them to serve a wide range of individuals seeking financial solutions. Finwave allows investors and traders to invest and trade in equity, commodities, derivatives, currencies, mutual funds, IPOs, NCDs, and Bonds.

Finwave is registered with the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Multi Commodity Exchange (MCX), and National Commodity and Derivatives Exchange (NCDEX). Finwave has a depository membership with Central Depository Services Limited (CDSL). Investors can start their investment and trading journey with Finwave by opening a demat and trading account with them. 


Finwave Account Opening Charges 

Account Opening Charges refer to the fees charged by Finwave for opening a new account. These charges cover the administrative and operational costs associated with setting up the account and providing essential services to the customer. Finwave offers 3 plans for opening dreamt and trading accounts with them. The Finwave account opening fee is mentioned below:

Account Type1st Plan2nd Plan3rd Plan
Demat Account Opening Charges₹0₹0₹0
Demat Account AMC Charges₹160 Yearly₹999 Onetime₹100 Yearly
Trading Account Opening Charges₹0₹0₹0
Trading Account AMC Charges₹160 Yearly₹0₹100 Yearly


Finwave Account Opening Process

Finwave offers seamless and strait forward trading and demat account opening processes; it takes a few minutes to finish the process. Follow the steps below to open a demat and trading account with Finwave:

1. Go to the Finwave website: Go to the Finwave website and select "Open an Account."

2. Fill out the account opening form: Personal information like your name, email, mobile number, and PAN number should be entered into the online account opening form.

3. Submit your KYC documents: Send your Know Your Customer (KYC) documentation, which should include a scanned copy of your PAN card, an Aadhaar card, and a passport-sized photo.

4. E-sign the documents: Use your Aadhaar OTP to digitally sign the account opening form and other required documents. 

5. Fund your account: After your account has been verified and approved, fund it with the minimum amount needed using any of the available payment methods.

6. Start trading: You can begin trading in a variety of markets, including equity, commodities, currencies, futures, options, and initial public offerings (IPOs), once your account has been funded.


Documents Required for Opening Accounts with Finwave

  • Aadhaar card.

  • PAN card.

  • Address proof (Ration card, / Voter ID, / Utility bill with complete address).

  • Signature on a white paper

  • Latest 3-month bank statement with IFSC and MICR codes.

  • 2 passport-size photographs.

  • Canceled cheque

  • Income proof (Required only for a derivative segment)


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Frequently Asked Question

Yes, You can access your trading account on multiple devices such as desktop or laptop, tablet, mobile device, or IPad.
Yes, You can track your portfolio and view your transaction history in your Finwave demat account.
Here are the five major key features of Finwave: Advanced Technology: Finwave leverages modern technologies to enhance client engagement and provide efficient financial services. Comprehensive Product Range: Finwave offers a wide array of financial products and services, including broking, depository services, mutual funds, bonds, and retail financing. Robust Risk Management: Finwave prioritizes effective risk management to protect both the organization and its clients, implementing systems and policies to mitigate risks. Expertise and Experience: With a founder and management team boasting extensive experience in the financial industry, Finwave provides expert guidance and execution to clients. Client-Centric Approach: Finwave focuses on client satisfaction and tailors its services to meet the unique needs and goals of each individual or business, fostering long-term relationships.
Yes, You can trade in the Indian share market with Finwave.
You can trade and invest in multiple securities such as equity, commodities, currency, derivatives, mutual funds, IPOs, bonds, and ETFs through the Finwave platform.
Finwave allows you to place different types of orders like market orders, limit orders, delivery orders, intraday orders, etc.
You can trade in equity, derivatives, currency, and commodities through the Finwave trading platform.
Finwave is a depository participant of Central Depository Services Limited (CDSL). The brokerage firm works only as a servicing agent for the demat account. The Finwave DP ID is 5282009.
Yes, You can do both buying and selling through Finwave’s mobile trading app.
Finwave allows you to invest in long-term investments such as mutual funds and IPOs.
Yes, Finwave provides real-time market data and stock quotes.
You will require an Aadhar Card, Pan Card, Bank Details, a photo, Income proof, and Address Proof to open an account with Finwave.
Yes, Finwave provides research and analysis tools to support trading decisions.
Yes, Finwave is a secure and reliable brokerage firm for online trading.

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