5 reasons for you to sign up for YoungVestor demat account

  • 0%* Brokerage

    No brokerage on equity delivery, equity intraday and ₹ 20 per order on derivatives trading
  • Direct Code Mutual fund

    Investing with no other fee means 1-2% more every year.
  • Omni-Channel Support

    Seamless integrated investment on mobile, desktop, call centre or use your own APIs
  • Actionable Ideas

    Buy international research and tools, to keep you ahead
  • Portfolio Analytics

    Real time reports on gains/ losses, compared with benchmarks, suggestions to improve performance for your risk appetite

Open 5paisa Demat Account in 4 Easy steps

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    1 Enter PAN and Bank details

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    2 Enter Aadhar and link it through Digilocker

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    3Take Selfie

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    4 E-Sign Form

YoungVestor Demat Account Terms & Conditions

01. Any person in the age group 18-23 years can apply for YoungVestor demat account

02. The promo code YoungVestor must be applied to get the benefits

03. Once the customer becomes 24 years old, the account will get converted to a normal account

YoungVestor demat account schedule of charges are as below:

  • Account Opening

    Free
  • AMC

    Free
  • Delivery - Cash

    Free
  • Intraday - Cash

    Free
  • DP Transaction Charges (Charged by CDSL)

    ₹ 5 per scrip per day only on sell
  • Mutual Fund

    Free
  • Derivatives Trading (MCX, F&O and Currency)

    ₹ 20 per order

Government taxes and statutory charges will be applicable

Frequently Asked Questions

A Demat account deals in buying and selling financial securities in the digital format and allows the user to trade in the Stock Market in India. You can trade stocks, mutual funds, commodities, derivatives, future & options, etc.  

A YoungVestor’s account is exclusively for those youngsters who see opportunities and want to explore more about the trade mechanism of the stock market. Any individual who is in the age group 18-23 years can apply for it and get access to the stock market trading platform.

A YoungVestor Demat account is especially for individuals who are between the age of 18 to 23 years old and can enjoy certain leverages like no AMC, no charges on delivery & intraday trade, etc. while a regular Demat account is a usual Demat account like everyone has in common.

With these easy steps, you can open your YoungVestor Demat Account-

  • Go to https://www.5paisa.com/youngvestor-demat-account
  • Enter your mobile number and use the code ‘YOUNGVESTOR’, click on submit
  • Then, enter your PAN card number and bank details
  • Enter your Aadhar number and link it through Digilocker
  • Take a selfie and upload it on the portal
  • Upload your e-signature
  • You’re all set to learn & trade via your YoungVestor’s Demat account.

  • Early Investment: For investment, age shouldn’t be a barrier, moreover, early age investing is like covering the future. It is one of the benefits millennials can have as it gives the opportunity for you to learn and earn at the same time.
  • Zero Brokerage: There will be no brokerage charges on equity or delivery of the stocks. A Flat ₹ 20 per order will be levied on equity derivatives trading.
  • Direct Access to Mutual Funds schemes: Get an ample number of Mutual Fund Schemes through your YoungVestor’s account and start diversifying your investment in the large areas of finance.
  • Multi-Channel Support- You can open your Demat account through smartphone, laptop, desktop, call centers, or using your own APIs. 
  • Portfolio Analytics: You can have a detailed analysis of your portfolio on the 5Paisa’s dashboard or on the application. Also, you’ll be able to see the suggestions/recommendations based on your risk appetite to improve your portfolio’s performance. 

You can avail the following benefits while having a YoungVestor Demat with 5Paisa- 

  • No Account opening fee 
  • No Annual Maintenance charges are required
  • No brokerage will be charged on Equity Delivery, intraday orders & mutual fund investments.

The account opening is non-chargeable at 5Paisa. You just have to submit your documents and you can start trading as soon as your account is activated. 

You will not be charged for delivery, intraday & mutual funds. In the case of selling the stocks, you’ll be charged ₹5 per scrip per day as DP transaction charges. While you’ll be charged ₹20 per order when you trade in derivatives.

The YoungVestor Demat account can be activated in just a couple of minutes post submitting all the documents on the portal.  

All the markets including Equity, Derivatives, Mutual Funds, MCX, F&O, and Currency are accessible for you to trade and invest in with YoungVestor’s account.

After turning 24, your YoungVestor Demat account will be converted to the standard Demat account like for regular traders and investors. 

Managing your YoungVestor Demat account is something that is in your hand to handle and trade accordingly. And for further related queries write to us at support@5paisa.com to serve you better.

You need a PAN Card, Bank details, Aadhar card, and e-signature to open your YoungVestor Demat account. 

The only platform which is beginning its focus to make the young generation learn about trading and gain that experience via YoungVestor’s Trading Demat account. Being the fastest growing discount broker firm and ranked in the top 10 discount brokerage firms. 5Paisa’s turnover is over 30,000 Cr+, holds 450,000+ clients and 17 million+ app users. The company is backed by IIFL, which is India's leading diversified financial services company.