Short answer
There are no account-opening charges for a minor account on Arrow (iRage Broking Services LLP).
Buying securities
You generally cannot buy stocks directly in a minor trading account the same way as an adult resident account. The guardian can transfer securities into the minor’s demat account (for example via CDSL easiest or an off-market / gift transfer). Transfer / demat charges may apply as per the tariff sheet.
Selling holdings
Equity delivery brokerage is Nil. A minimum of ₹0.01 (1 paise) per segment per contract may appear where brokerage is stated as 0, as noted in the Tariff Sheet.
DP / demat debit charges apply when securities are sold from the demat account — see DP charges.
AMC
Yearly demat AMC for individuals is Nil under the regular scheme.
Broker details
iRage Broking Services LLP (SEBI registration INZ000011262), product name Arrow. Registered office: Gift City, Gandhinagar.
Related
- Browse more in minor
- Open account: kyc.arrow.trade
- Trade on Arrow: app.arrow.trade
- Support: support@arrow.trade