How to Open F&O Trading Account?
To start an F&O account, you must submit a 'client registration form' along with other mandatory SEBI documents. As you already know, SEBI is the regulator for the securities market in India. The documents include an account opening form and relevant Know Your Client (KYC) verification proof. Here is a list for reference to open F&O trading account with Aaditya Wealthon:
STEP - 1
First Document to open options trading account is the Account Opening Form.
STEP - 2
Identity proofs are as follows: PAN card/Voter's ID/Passport/Driving license/Aadhaar card.
STEP - 3
You can provide any of the following address proof documents: Telephone bill/Electricity bill/Bank statement/Ration card/ Passport/Voter's ID/Registered lease or sale agreement/Driving license.
STEP - 4
Financial proof: In addition to a bank statement, you can provide any of the following documents: (Net worth certificate, Salary Slip, Demat account Holding statement, Copy of ITR Acknowledgement, Annual Accounts, Form 16 in case of salary income).
After the submission of the following documents, the verification process will be done through a phone call or an in-house visit. After verification, your f&o trading account is set up and you will receive your account details through mail or text on your registered email or mobile number.