uTrade Algos

How can I start algo trading using uTrade Algos?

To start trading on uTrade Algos, it is essential to have a subscription package and a Share India Demat account. To learn more about various subscription packages that uTrade Algos offers, click here. What will be the subscription charges on uTrade Algos?

After creating an account, follow these steps to connect with Share India:

  • Click on the profile tab and select ‘Connect to Broker’, which will redirect you to shareindia.com.
  • Enter your name and mobile number, then click ‘Get OTP’ to receive a verification code on your registered mobile number.
  • Enter the OTP received and proceed to the KYC completion page.
  • Fill in your full name, PAN Card details, registered email ID, and date of birth. Is it important to share PAN Card details while signing up with Share India?
  • Verify your email by entering the OTP received in the designated space, then click ‘Verify’.
  • Choose the trading segments and specify your preference for algo trading. Review the terms and conditions and click ‘Agree’.
  • Continue by clicking ‘Save and Proceed’. Enter your bank account details and click ‘Verify’.
  • Proceed to provide your personal details.
  • Opt for the SMS facility based on your convenience. Click ‘Save and Proceed’ to reach the next step where you need to upload your documents.
  • Utilise e-sign using Aadhaar. Capture a real-time selfie and upload a digital signature.
  • Upload your salary slip or bank account statement, then click ‘Save and Proceed’.
  • Enter the nominee details. The system will redirect you to the e-Aadhaar site for e-sign verification. Verify your mobile number by entering the OTP sent to your registered mobile number. Sign a document digitally once prompted.
  • Complete the e-sign process by entering your valid Aadhaar number and verification OTP. Following validation, an email containing your Share India account credentials will be sent to you.

It is important to note that an inactive mobile number linked to your Aadhaar number could pose challenges in the verification process required for opening an algo trading account. To know more about this, click here. My number linked with my Aadhaar is not active anymore. Can I skip this step to open an account with uTrade Algos?