Open a trading account online on Motilal Oswal

Important Keyword: F&O Trading, Motilal Oswal Trader, Speculative Income, Trading Income.

Open a trading account online on Motilal Oswal

You can now open a trading account online with Motilal Oswal. Stock markets have recently shifted from the traditional open outcry system to an electronic system. A trading account functions like an investment account, holding your cash or securities electronically, and allows you to buy or sell these securities in the stock market. Stock traders use online trading platforms to trade various instruments such as shares, securities, commodities, and currencies. For income tax purposes, earnings from Equity Intraday, Equity Futures & Options (F&O), Commodity Trading, and Currency Trading are considered Business Income.

Steps to open a trading account online on Motilal Oswal

1. Visit the Motilal Oswal website
   You can also do it from here.
2. Fill in your details
   The details are:
   -Name
   -Mobile number
   -City
   Click on Let’s begin.
   
   
3. A pop up will come asking you for your email address
   Submit your Email address for further communication. Click on Submit.
   
   
4. Choose a Plan for as per your requirement
   Check the tick box. Click on Next.
   
   
5. Pay the account plan charges
   Through your preferred payment mode
   
   
6. After that, you will be required to upload your documents
   This includes:
   -One recent passport size photo
   -Cancelled cheque/ bank statement/ passbook
   -Driver’s licence/ electricity bill (not older than 2 months)
   -PAN Card
7. Hence, the process is now complete.
   A sales representative will contact you for account activation after verifying your documents.

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Official Income Tax Return filing website: https://incometaxindia.gov.in/