To open an account and to avail of free API access and marketfeed strategy builder, you must have to open an account by clicking the link below.


https://eaccount.indiainfoline.com/?ReferralEmpId=U6t7tkEIvWaVBqHw0tr9pMn2AyclsZL3P2p7yR1R0a0=&IsZ20Scheme=PWFawC7VFMmiW4Oysu+Kwg==


Step 1:

Select the Z20 brokerage plan. In this plan, there is no AMC (annual maintenance cost) for the first year. Afterwards, it will be charged rupees 450-500 per annum.


Step 2:

After finishing the account opening process, it may take up to 48 hours to get your account activated, you will receive the client id via text message as well as in email.


** Don't forget to activate the F&O segment, to trade in the derivatives market (option selling). You can activate the F&O segment only after 24 hours of account activation. 


Pros and Cons are as follows.


Pros:

  1.  Discount Broker Charges only

  2. Similar to the Margin Requirement in Zerodha

  3. No range issues as in Zerodha

  4. Can be linked to Sensibull

  5. Also, other benefits of full-service brokers


Cons:

  1. It's not a "new-gen" web platform, UI is not that user friendly.

  2.  Best to be used with Sensibull/other order placement platform


NOTE - For NRE and NRO accounts, the account opening link is different. Also, the brokerage will be different for those clients, as the settlement process is different.