Few Tips for the Investors – More important than Trading Tips

• Go through the Member Client Agreement in the Client Registration Form before you sign it. Keep one copy of the Agreement with you before you submit it.
• You must receive contract note for your each and every trade. Check your trades carefully, to avoid unauthorized trades.
• In case of any confusion, you can cross-check the genuineness of the transaction through the Trade Verification facility on NSE website.
• You must receive Statement of Accounts for funds and securities quarterly from your Broker.
• Do not opt for keeping your pay-out shares with your Broker for trading purpose, just to avoid the DP transaction charges, because your shares are your property – it is safest in your demat account.
• You are supposed to open trading account with the Broker only, not with the Sub-broker.
• You are supposed to make payment to and receive payment from the Broker, not the Sub-broker and only by cheque. You are supposed to make delivery to and receive delivery from the Broker, not the Sub-broker.
• Go through the Power of Attorney for auto pay-in carefully, before you sign it. It must be a restricted Power of Attorney up to extent of your pay-in obligation only.
• You must receive the Corporate Benefits for your shares provided as margin to your Broker.
• Check the brokerage amount charged by your Broker from the contract note. Brokerage shall not exceed 2.5% and in case of Option, brokerage should be charged on the premium only.
• In case of any harassment faced by you, contact NSE at (022) 26598190 (IGC) / (022) 26598192 (Arbitration), Fax No: (022) 26598191.
• In case of any grievances against stock broker and sub-brokers, SEBI has commenced processing of investor grievances in a centralized web-based compliants redressal system, “SCORES”. For further reference please read SEBI circular No. CIR/MIRSD/18/2011 dated August 25, 2011.