1. Welcome email which gives you the login details to our trading & backoffice tools and other account related information.

2. Trading and backoffice passwords emails.

You can login and trade using these on our trading platform and backoffice. You will be asked to change the passwords on your first login. 

Note: The login ID for trading and backoffice will be the same but passwords will differ.

3. Do I get any confirmation after trading is done?

Yes. Trade details are sent to you on your registered mobile nos. by the EOD. You can at any point of time also access our online backoffice to retrieve your trade details for any previous trading sessions. . 

• Several charting indicators & unlimited data

  Click here to learn more and for all queries on HTML5

  Login to https://trading.proficientgroup.in/html5/ to start trading on HTML5

• Advanced Charting and Technical Analysis

  Technical Strategy Back-testing

  Click here to learn more and for all queries on ODIN

  Click here to download, install, and start trading on ODIN

• Once you are registered with us you will receive a default email from us which will contain your back office login user id and password. You may use the credentials to log into your account at our website.

• Margin Calculators  – Provides all the information pertaining to margins while

  Brokerage Calculators  – Helps you calculate your brokerage and other regulatory costs upfront

1. Online transfer through online trading platform
2. Online transfer through NEFT (National Electronic Fund transfer) or RTGS (Real Time Gross Settlement)
3. Cheque

Deposit funds by transferring via the Payment Gateway instantly. You can also use IMPS/NEFT or just drop in a cheque at any HDFC bank ATM.

1. By logging into your Internet Based Trading Platform
2. By logging into your Backoffice
3. By e-email us at care@proficientgroup.in

All withdrawal requests are processed same day if received before 12 pm else next working day. Withdrawal requests hit your bank within 24 hours or sooner.

* Withdrawals can take longer if the daily trade process is delayed.

Proficient is a depository participant of Central Depository Services (India) Limited (CDSL)

We offer 3 annual maintenance charges plans

Regular 300: Pay only Rs 300/- yearly

BSDA Plan: Zero charges upto securities value of Rs 50,000/-

Lifetime 999: Pay only Rs 999/- for lifetime amc

Yes. An investor can open more than one account in the same name with different brokers.

No, we have no such policy to maintain any minimum balance

Dematerialisation is the process by which physical certificates of an investor are converted to an equivalent number of securities in electronic form and credited into the BO’s account with his DP.

ISIN (International Securities Identification Number) is a unique 12 digit alpha-numeric identification number allotted for a security (E.g.- INE383C01018). Equity-fully paid up, equity-partly paid up, equity with differential voting /dividend rights issued by the same issuer will have different ISINs.

Yes. The process is called rematerialisation. If anyone wishes to get back his securities in the physical form he has to fill in the RRF (Remat Request Form) and request his DP for rematerialisation of the balances in his securities account.

Yes. An investor can open more than one account in the same name with different brokers.

Yes, CDSL have launched this facility for delivering instructions to your DP over Internet, called SPEED-e and EASI respectively. The facility can be used by all registered BOs after paying the applicable charges

Yes, it is possible to get securities allotted to in Public Offerings directly in the electronic form. In the public issue application form, there is a provision to indicate the manner in which an investor wants the securities to be allotted. He has to mention the BO ID, name and DP ID on the application form. Any allotment made will be credited into the BO account.

Mutual Fund investment has manifold benefits listed as under:

Professionally Managed:

The money you invest in mutual fund is managed by professionals specializing in finance. It gives investors an opportunity to manage their portfolio without much worries. The investors get the benefit of professional fund managers by investing in mutual fund which is very costly otherwise.

Diversified:

Mutual fund offers the benefit of diversification across different sectors and companies. It expands the horizon across various industries and asset classes. The investors can enjoy the benefit of diversification and asset allocation without investing large amount of fund.

Liquid:

Unless the money is invested in pre-specified lock in period the money is available anytime you want subject to exit load. Normally it takes couple of days to return the invested amount. Most funds transfer the money directly to the bank account.

Flexible:

Investors gets the flexibility of investing in a wide range of schemes. There is an option available to all investors for systematic investment and withdrawal in all open ended scheme. There is the inclination and convenience of investing and withdrawing whenever required.

Low transaction cost:

Mutual funds pay lower transaction cost due to economies of scale. This makes mutual fund investment more cost effective than direct investment in equity.

Well governed:

The Indian mutual fund industry is regulated by Securities and exchange board of India(SEBI), which endeavors to protect the interest of investors. All funds are mandatorily registered with SEBI and complete transparency is enforced.

Transparent:

Easy availability of fact sheets, offer documents, annual reports etc, making the investment transparent and fair.

Mutual fund can be broadly divided into two types?

Based on maturity period:

       1. Open ended fund:

Funds available for subscription which can be redeemed on a continuous basis. These funds are available for subscription throughout the year and investors can buy or sell units at NAV related prices.

       2. Close ended fund:

These funds have a lock in period ranging from 3-6 years after which it matures is available for subscription for a specified period during the launch. These funds are listed on a recognized stock exchange.

Interval Funds:

These are a combination of open ended and close ended fund. These can trade on stock exchange and
are open for sale and redemption at set intervals.

Based on objective of Investment:

Equity/Growth Fund:

The objective of these funds is long term capital growth. 65% of the corpus is invested in equity related securities. These funds are suitable for investors with long term outlook and higher risk appetite.

Debt/Income Fund:

The objective of this fund is to provide low risk and stable income to investors with preservation of capital. 65%of corpus is invested in securities such as bonds, corporate debentures, government securities and money market instrument..

Balanced Fund:

The objective of these funds is to provide both stability of returns and capital appreciation to investors. Balanced fund invest in both equities and fixed income instruments with predetermined investment objective of the scheme.

Money market/liquid fund:

The objective of these funds is to provide easy liquidity, preservation of capital and moderate income. These invest in safer short term instrument such as treasury bill, certificates of deposit and commercial paper for a period of less than 91 days.

Gilt Funds:

These funds invest exclusively in government securities. These funds are free of credit risk, although there is interest rate risk. Safer as they invest in government securities.

Other schemes:

ELSS (Equity Linked Savings Scheme)

Tax saving ‘Equity Linked Saving Schemes’ provides the investors tax rebates under specific provisions of the income Tax act.

A company goes public to raise funds and spread the risk of ownership among a large group of shareholders or to reduce debt. Furthermore taking the company public reduces the overall cost of capital and gives the company a more solid standing when negotiating interest rates with bank.

IPO’s are attractive investment option for investors who want to grow with the growing company.

Price band refers to the band of price within which the investor can bid. The difference between the floor and the cap should not exceed by more than 20%. The price band can be subject to revision but if revised, the bidding period should be extended for a period of three days and the total bidding period should not exceed thirteen days.

A bid lot as the name suggests is the fixed number of shares for which the investor needs to apply. The bid lot varies from issue to issue and the minimum lot size is predefined and is mentioned in the application form.

Depending on the market demand at various prices, the issuer company after consultation with BRLM (Book Running Lead Manager), finalizes the offer price which is referred as the discovered price.

Yes, you can change or revise the quantity or price in the bid for an online order. However, you cannot modify/revise in case when:

a. Order is already under processing
b. Modification/ Revision / Cancellation are not allowed post cut-off time.

A member of the stock exchange to whom the investor submits the IPO application form is referred to as a syndicate member /broker. the syndicate member receives the bid and uploads the same to the electronic book of the stock exchange. The bids not uploaded are not considered for the purpose of allotment. The syndicate member then submits the bid with the cheque to the banker In case of online application, the syndicate member generates electronic application form and submits the same to the registrar with proof of having paid the bid amount.

The counterfoil given by the syndicate member with their signature, date and stamp acts as a proof of the bids.

All traders and investors, right from individuals to hedge funds are permitted to use programmed or algo trading. If human intervention to execute trades is part of the program, exchange approvals are not mandatory. However, if trading is carried out using robots, where manual intervention is not required, prior approvals from the respective exchanges are necessary

In India, Regulators and Exchanges have a compliance requirement to get each and every strategy / algorithm approved by them before it can be traded live. Any order which is sent to the Trading Platform through some set of rules are termed as strategy or algorithms and needs exchange approval, be it Opportunity Generation or Opportunity Execution. We get the strategies approval from exchange for our clients.

Our trading platform is integrated with couple of Strategies and got them pre-approved with exchange so that traders can use them without going through the approval process.

No, we have no such policy to maintain any minimum balance

Any person who is appointed as such by a stock broker (including trading member) and who provides access to trading platform of a stock exchange as an agent of the stock broker is an Authorised Person.

An individual, Partnership Firm, Limited Liability Partnership (LLP) and a Body Corporate meeting the requisite eligibility criteria prescribed by the stock exchange can become an Authorised Person. The individual should be a resident of India, Partnership Firm should be registered under Indian Partnership Act, 1932, LLP should be registered under the Indian Limited Liability Partnership Act, 2008 and Body Corporate should be registered under the Indian Companies Act, 1956.

Same person cannot act as sub-broker with one stock broker and as Authorised Person with another stock broker of the same stock exchange at a time.

We offer Co-location facility to clients seeking faster execution of their strategy. Contact us to know the process and commercials.

Client can back-test their strategy on the back-test platform of their choice, where they are able to reproduce and program their strategy conveniently and availability of historical data for the period back-testing to be done. Some of the choices include AMI broker charts, MS-Excel etc, we do provide the service of backtesting for our clients.

Yes, we do provide demo to anyone who wants to do automated trading.