Trading FAQs
Most Common Subscription Questions
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Your subscription period will start from the day you eMandate is approved from the bank registered while opening the account
Central Depository Services (India) Ltd
Yes, In case of Joint holder(s) All holder(s) need to sign account modification form
When we recd relevant documents, we will send to the acknowledgments to you within 7 working days
Account closure form duly signed by all the holder(s), to clear all debits (Trading + Demat) and shares should not be lying in demat account and in CUSA account.
Yes, You can have up to 3 nominee in demat account, with shared percentage to be mention compulsory
Yes, it can be done, BO should submit additional Transposition Request Form
(TRPF)
(BO- Beneficiary Owner and tranposition form- Name interchange (check name position)
Yes it can be done, BO should submit additional Transmission Request Form (TRF)
(Transmission form – In case of death client)
Delivery of Securities
If you sell any stock on T day then you are required to deliver the shares to us latest by 10.30 am on T+2 day. If you are not be able to give delivery then it will be marked as Short Delivery. The exchange will conduct an auction on T+2 day & the amount of auction will be debited to your account. Note: In the case of physical settlement of derivatives, the exchange conducts an auction on T+3 day
What is the CMBP ID?
CMBP ID for NSDL A/c is: IN564295. (NSE & BSE)
Most Common Demat Questions
- Select login as Client. Select login with as equity client code & enter the password.
- Select Holding option
- You can drag down the option of current holding & it will show you date of 31/03/2022
Click on the link to login to your back office
- Select login as Client. Select login with as equity client code & enter the password.
- Select Holding option
- You can select the option of pledge for margin above your demat account.
- Select the securities for pledging & submit the same.
- We will process the pledge request at regular intervals & you will receive the SMS on your registered mobile number for generating OTP.
- Generate the OTP & submit the same & the shares which are pledge will reflect in your holding marked as Pledge.
If eligible for right issue you will receive the right issue shares in your dp account & you will also receive an email from the company with all the details regards to opening & closing of the issue. The company will also provide you the form in the email. You may apply for the rights shares either through the RTA’s portal or via net banking ASBA if your bank allows it.
Account Opening
Please send an email on kyc@bpwealth.com or contact support and we will send account opening form and procedure to open the account
You are required to Sign the Account Modification Form and Proof of new bank account (Copy of Personalised Cheque Leaf / latest 3 month bank account statement duly certified by bank) and submit the same to your Relationship Manager. The Account Modification is available at www.bpwealth.com.
You are required to Sign the Account Modification Form and submit the same to your Relationship Manager. The Account Modification is available at www.bpwealth.com
You are required to Sign the Account Modification Form and submit the same to your Relationship Manager. The Account Modification is available at www.bpwealth.com
Any person who is an individual resident of India, HUF, NRI, proprietary firm, partnership firm or a company can open a trading account with BPW. Open A Free Demat Account
We offer customised brokerage schemes suited to your trading requirements. So the cost depends on the scheme that you choose while opening your trading account with us Open A Free Demat Account
StoxBox Account
- Click on the Open Account link on top right corner or go to Open A Free Demat Account
- Please keep ready an image (jpg / pdf) of your Aadhar Card, PAN Card, Address Proof, Photo and Signature.
What documents are required for opening an account
- Pan Card
- Indian & Foriegn Address Proof
- Original Cancelled Cheque
- Bank Proof For Nre / Nro
- Rbi Pis Letter
- Fema Declaration
- Pan Card
- Aadhar Card / Voter Id / Passport / Driving License (Any One)
- Original Cancelled Cheque Having Pre Printed Name Of The Client
- Latest 6 Month For Bank Statement For Trading Into Derivative Segment
- Kra Application Form Along With Annexure
- Pan Card & Address Proof For Company
- Original Cancelled Cheque Having Pre Printed Name Of The Client
- Pan Card & Address Proof For Directors
- Pan Card & Address Proof For Directors
- Moa & Aa
- Board Resolution
- List Of Directors
- Shareholding Pattern
- Form-32 Or Form-18 In Case Of Any Change In Directors / Registered Address Of The Company
- Kra Application Form Along With Annexure
- Pan Card & Address Proof For P. Firm
- Original Cancelled Cheque Having Pre Printed Name Of The Firm
- Pan Card & Address Proof For All Partners
- Annual Accounts For Last 2 Years
- Annual Accounts For Last 2 Years
- Authority Letter
- List Of Partners
- Sharing Pattern
(Note – Cdsl Dp Account Will Be Open In The Name Partners.)
- Kra Application Form Along With Annexure
- Pan Card & Address Proof For Trust
- Original Cancelled Cheque Having Pre Printed Name Of The Trust
- Pan Card & Address Proof For All Trustees
- Annual Accounts For Last 2 Years
- Trust Deed
- Authority Letter
- List Of Trustees
- Sharing Pattern (Note – Cdsl Dp Account Will Be Opened In The Name Of Trustees.)
- Pan Card And Bank Statement /Passbook For Huf
- Cancelled Cheque For Huf
- Pan Card And Aadhar Card For Karta
- Huf Declaration
Profit & Loss Statement
Click on the link to login to your back office
https://bit.ly/3pqYzx2
- The Profit and Loss report generates your profit and loss on your trades done during a particular time period. It generates only realised profit /Loss. If you have bought a stock and haven’t sold it then it will appear in the Holdings Report.
- To generate report, Go to Menu -> Profit /Loss -> Select segment -> mention period -> Show It generates separate report for Cash, FO, FX and Commodity segment as per segment selected.
Back-Office Reports
Click on the link to login to your back officehttps://bit.ly/3pqYzx2
Click on three horizontal lines on the top of the screen, Menu will open then select required reports.
- Enter your User ID (same as your Client Code) and your back office password.
- If you don’t have password, then click on Get Password and you will get SMS on your registered mobile number
- Alternatively, you can access back office from your Stoxbox Mobile app by clicking on the link
- Go to Menu
- Select Back office
Verify Basic Details
Click on the link https://bit.ly/3pqYzx2
After Login in Back Office from any of the above way, you can view all your details registered with us like Address, mobile number, email id, PAN number, bank details, Demat details etc.
EDIS
Electronic Delivery Instruction Slip or eDIS is a facility which allows you to sell shares when you have not submitted your Power of Attorney (POA).
No POA is not required to complete the EDIS process.
Power of Attorney
1. Specific POA:
Also known as a limited POA, this document gives limited authority to the broker. As the name suggests, the POA is made for a specific reason and offers limited control to the broker. It also contains a date up to which the document remains valid. Specific POAs can offer the broker permissions like transferring securities to a stock exchange upon the sale of shares, etc.2. General POA:
A general POA allows the broker to makes generic decisions on your behalf. This type of POA can offer more authority and power to the broker than a specific POA. Hence, it is not used when investing in the stock market.Untill what time does POA gets activated
The Securities and Exchange Board of India (SEBI) has prohibited brokers from using power of attorney (PoA) to transfer clients’ shares in equity markets. “Holding of a PoA by trading member/clearing member will not to be considered as equivalent to the collection of margin,” SEBI said in its circular.
POA is a legal stamp paper document and you will need to physically sign it and currier it back to us on the address mentioned below.
BP Wealth
4th Floor, Rustom Building, 29, Veer Nariman Road, Kala Ghoda, Fort, Mumbai, Maharashtra 400001
What is a POA
No, it’s not compulsory, but required for smooth operation of demat account. Remember it is required only for the demat account.
If you have not submitted the POA, you will be able to place delivery sell instructions by using the CDSL TPIN.
While you can buy shares without a PoA, you cannot always sell a share without a PoA. … However, when you sell your shares, the online broker debits these shares from your account and transfers them to the stock exchange. This is where the broker requires a PoA since the shares are exiting your demat account.
While trading futures and options or intraday equity trading, there is no requirement of the POA. But whenever you sell shares from your demat account or want to pledge them for getting margin for trading F&O, the POA is used to debit the shares from your demat account. This ensures that the entire process is online and less cumbersome.
Our Trading FAQs serve as a comprehensive guide for those venturing into the world of stock trading, with a specific focus on intraday options. Designed by Stoxbox, these FAQs cover an extensive range of topics, providing valuable insights for both beginners and seasoned traders. From the basics, such as opening a trading account, to more intricate details like selecting the ideal investments, our guide ensures that you have a thorough understanding of the trading process. Whether you’re seeking clarity on trading strategies or need assistance with technical aspects, our Trading FAQs offer a wealth of information to support your journey. With Stoxbox’s dedicated guidance, you can navigate the complexities of intraday options trading with confidence and make informed decisions that contribute to your trading success.
