Basic question realting to brokeage and trading

Hello, I have some basic question:

Does zerodha support BSDA account? Does Zerodha help transfer from one brokeage to another (like transferring demat account)?

Who maintains the trading account? Zerodha or IL&FS?

If i take IL&FS demat account does it support both BSE & NSE demat certificates(stock demateralized paper)?

Everytime I make a buy in stock purchase do i get electronic copy in my mail? Is there any way we can query IL&FS and get all our stock details?

Lets say I want to buy 20 stocks in X company but only 19 stocks are availble. Does broker make a buy for 19? How does that work?

In moneycontrol.com they have ‘debt’ field. How do they come up with that value? I see only liabilities in most of the balance sheet? Please explain.

Thanks for the answer

Best Regards

  1. Yes you can. But BSDA has certain limitations,check this: http://support.zerodha.com/kb/faq.php?id=147 To transfer from one demat to another, you have to enter your new demat number in the DP slip provided by the old demat and submit it to old demat provider. This has to be done by you.

  2. Trading account is from Zerodha.

  3. yes, both NSE and BSE

  4. Yes you will get an email of contract note, you also can access everything on our backoffice q.zerodha.com. Yes you can login to ILFS’s online interface.

  5. A broker provides you a platform to buy/sell on the exchange. So you login to the platform and buy whatever is available.

  6. Check out this module on fundamental analysis: http://zerodha.com/varsity/module/fundamental-analysis/

1>BSDA is also hosted in IL&FS? lets say I open BSDA and after 2 months I exceed the 2 lakh limit. Will the new AMC charged in next billing cycle?
Thanks for your quick reply.

Yes BSDA also by ILFS. Yes new AMC will be charged in the next cycle.

Thank you very much Nitin :slight_smile:

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