YES SECURITIES Limited (YSL) is a wholly-owned subsidiary of YES BANK Limited. They were incorporated on 14 March 2013 and SEBI registered since 8 July 2013. They are the member of both the exchanges National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). They provide different types of investment options to the retail and institutional customers using their broad network of YES Bank.
Yes Securities limited is an online investment and trading platform. They offer inter alia, trading/investment in equity and other financial products along with various value added services. They offer trades in different segments which includes direct equities, index and equity derivatives, currency derivatives, ETFs and OFS. They provide equity products for helping investment requirements. You may opt for various cash or derivative products as per your needs.
- Goal-based investment in Turbo Packs customized to suit your profile and objectives
- Distributed asset allocation across asset classes with multiple investment time horizons for lump sum and recurring investments
YES BANK 3-in-1 account
The YES BANK 3-in-1 Account offers you an online wealth-management solution which have an easy-to-use interface, regular research reports & insights and a robust, state-of-the-art execution platform. They offer stock market effortlessly, on the web and across mobile devices (app available for iOS and Android both). One can trade across various asset classes including direct equities, index and equity derivatives, currency derivatives and units of mutual funds.
Features of 3-in-1 account:-
- All your money can be moved from Bank account to trading account seamlessly making for easier fund management.
- Offers 6% interest on the amount you have in their trading account.
- You can apply IPO directly from your YSL account without need to visit or physical submit any forms.
YES SECURITIES provides different products from YES BANK and other financial intermediaries to suit your requirements.
- Initial Public Offers
- Mutual Funds
You can apply online for these products using their platform.
YES SECURITIES brokerage charges
They have a invest value plan and you can check charges below as per that –
|Yes Securties Brokerage plan|
|Delivery Buy/Sell %||0.45%|
|Delivery Square off(Same day) %||0.05% (Both side)|
|Margin Intraday (First Leg) %||0.05%|
|Margin Square Off (Same day) %||0.05%|
|Future (First Leg) %||0.05%|
|Future Square Off (Same day) %||0.02%|
|Option (First Leg) (Per Lot)||Rs.75/-|
|Option Square Off (Same day) (Per Lot)||Rs.25/-|
|Currency Future (First Leg)%||0.05%|
|Currency Future Square Off (Same day) %||0.02%|
|Currency Future (First Leg) (Per Lot)||Rs.75/-|
|Currency Future Square Off (Same day) (Per Lot)||Rs.25/-|
|Minimum Brokerage is Rs. 25 or 2.5% of Trade Value whichever is lower|
There brokerage is comparable to other 3-1 account provided by banks. Though you can find lower brokerage with discount brokers, 3-1 account provide you easy and seamless access to all your trading needs under one platform.
Account Opening Charges
|YES securities Account Opening charges|
|Account type||Opening Charges|
Other Charges for managing account
|Annual Maintenance Charges|
|Resident Individual/HUF||Rs. 500|
|Global Indian Banking(Non Resident)||Rs. 1000|
|Basic Services Demat Account (BSDA)||Holding Value between 0 to 50,000 – Nil AMC|
|Holding Value between 50,001 to 2 Lacs – Rs.100|
|Holding Value more than 2 Lacs – Rs. 500|
YES SECURITIES trading platform
IPHONE Trading platform- YES securities provide an easy and fast platform which you can use with ease. It can be executed in less internet speed. YES SECURITIES is the mobile investing platform that brings your investments to your fingertips. They have different features inbuilt in their trading platform like charting, real time market updates, easy buy and sell etc.
Android trading platform- Yes securities Mobile App provides a mobile based trading platform for clients who want to trade using their smart phones. The app provides all the functionality like multiple index real time stock watch, intraday charts and trading across multiple segments. You can also view your trade reports, contract notes and P&L on it. App is easy and fast to use in less internet speed.
Web Based trading platform – They also provide web based trading platform which you can use from your PC without installing any software. The software has good charting utility and provide live tick by tick charts. All these software are provided free of cost and there is no extra charge to use this software.
Documents needed to open Yes Securities Brokerage account
- One passport size photograph.
- Copy of PAN card.
- Identity proof – copy of passport or PAN card or voter ID or driving license or ration card. Copy of PAN card can also be used as Identity proof.
- Address proof – copy of driving license or passport or ration card or voter card or telephone bill or electricity bill or bank statement.
Hope this article would have provided you all the information you were looking for YSL. You can read more about best brokers in India here.