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.