Open Firstock Account (Firstock Account Opening Process, Documents and Charges)

No hidden charges. No fine print. Just clean, transparent pricing.

Firstock allows you to manage the account smoothly. You can easily update personal details like your name, email, and mobile number online, reset your password, and follow simple steps to freeze or close your account when needed. The platform explains the notifications you may receive from Firstock or CDSL and guides you through the re-KYC process, including how to complete it quickly via Digilocker.

NRIs can correct PAN details or reclassify their account type if required. Firstock also makes it simple to use DDPI and TPIN to authorise share sales securely. If you ever need help, you can Just drop an email to support@firstock.in and escalate complaints for faster resolution.

Firstock Account can be opened by:

Resident Individuals

A Resident Individual is someone who resides in India for 182 days or more during the financial year, as per the Income Tax Act. These individuals can open a trading and demat account with Firstock to invest in equities, F&O, and other financial products.

Non-Individuals

Business entities such as Companies, LLPs, Partnerships, and Hindu Undivided Families (HUFs) can also open accounts with Firstock. The process for these entities is a bit more detailed, but it’s equally efficient.

Firstock Account Opening Process

You have two options:

Online Account Opening (Recommended)

• Fully digital and paperless
• Done using an Aadhaar-linked mobile number
• Upload documents, click a photo, and e-sign – all from your phone or computer
• Fast and user-friendly!

Offline Account Opening

• Requires printing and signing of physical forms
• Submit self-attested documents via courier
• Includes a short video verification or in-person authentication

Required Documents

Here's what you’ll need to get started:

For All Users:

• PAN Card – Mandatory for financial transactions
• Signature – For verification and agreement signing
• Passport-size Photo (signed across) – For offline applicants
• Address Proof (self-attested)
  Acceptable options include:
• Driving License
• Voter ID
• Passport
• Masked Aadhaar (last 4 digits visible)

For Derivatives (F&O) Trading:

You must provide income proof, as required by SEBI:

• 6-month bank statement with ₹10,000+ average balance
• 3-month salary slips with ₹15,000+ monthly income
• Latest ITR or Form 16 with ₹1.2 lakh+ annual income
• Demat holdings with ₹10,000+ value

Forms You’ll Need:

• Equity Trading & Demat Account Form
• DDPI (optional)
• KYC & CKYC Forms

Firstock Non-Individual Account Opening

Entities such as companies or LLPs cannot open accounts online. Here’s the process:

Steps:

1. Fill out physical forms (based on entity type)
2. Email soft copies to: support@firstock.in for review
3. Courier hard copies to:
   Firstock, No 350, 36th A Cross, 7th Main Rd, 5th Block, Jayanagar, Bengaluru – 560041
4. Complete IPV (In-Person Verification) via webcam or physical visit

Firstock Account Details/Offerings:

1. Add Funds to Your Firstock Account

Trading in India follows a pre-funded model, which means you must deposit funds into your account before placing trades.

Fund Transfer Methods (All FREE):

1. Instant UPI Transfers
   Use your registered UPI ID with Google Pay, PhonePe, Paytm, etc.
2. Payment Gateway
   Pay securely using trusted payment providers via the Firstock platform.
3. Bank Transfer via IMPS/NEFT/RTGS
   Use the following details:
• Bank: HDFC Bank
• Account Name: Firstock Broking Private Limited
• Account No.: FSTOCK343638
• IFSC: HDFC0000523
• Branch: Richmond Road
  
  

Funds must come from your registered bank account only. Third-party transfers are rejected.

2. Viewing & Managing Your Portfolio

Check Your Holdings:

• Log in to your Firstock account
• Go to Holdings tab

You'll see:

• Quantities
• Buy price
• Market value
• T1 Holdings (shares pending settlement)

3. Performance & Tracking

Firstock offers several insightful performance-tracking tools:

• Performance Curve – Track growth over time
• Account Value vs Portfolio Curve – See both cash and holdings impact
• Timeline View – Shows historical events like buys/sells, dividends, bonuses, etc.

4. Check Statements & Reports

• Statement of Holdings (SOH) – Overview of securities held
• Statement of Transactions (SOT) – Tracks buy/sell activity
• Annual Global Statement (AGS) – Yearly summary for tax filing and investment tracking

You can also request a CAS (Consolidated Account Statement) from CDSL or NSDL using your PAN to view all demat accounts linked to you.

5. Find Your DP ID and BO ID on Firstock:

Steps:

1. Log in to your Firstock account.
2. Click on your profile icon.
3. Go to Settings.
4. Select the Demat tab.
5. You will find your:
• Depository Participant (DP)
• DP ID
• BO ID
• Demat ID

Firstock Account Closing

Closing your demat account is simple and helps keep your financial records in order. Whether you want to merge accounts or don’t need this account anymore, Firstock makes the process quick and smooth.

1. Just follow a few easy steps to close your demat account.
2. Your account will be closed safely and securely.
3. Firstock follows all rules and regulations for closing accounts.
4. You’ll get clear instructions on the documents you need.
5. You’ll receive confirmation as soon as your account is closed.

Conclusion:

Firstock is more than just a discount broker—it's a powerful platform built for smart investors and active traders. With zero account opening fees, free equity delivery, and a transparent pricing model, it’s one of the best places to start your investment journey.

Whether you're a beginner or a seasoned trader, Firstock’s tools, support, and low-cost structure help you focus on what matters: growing your wealth.