uTrade Algos

What documents are required to open an account with Share India and to use uTrade Algos?

For existing users of Share India, logging in simply requires filling in the necessary credentials. Following login, you will receive an OTP on your registered mobile number or email. Upon successful authentication, click on authorise to link your Share India account with uTrade Algos, enabling you to begin trading seamlessly.

However, new users must begin by opening an account with Share India. This mandates providing specific documents: the PAN Card, Aadhaar Card, six months’ salary slip or income proof, active bank account details, and an e-signature.

  • The collection of PAN Card details complies with regulations like Know Your Customer (KYC) guidelines, anti-money laundering measures, and tax reporting obligations. These details help verify the account holder’s identity and meet legal requirements. After the submission, it typically takes two to three working days to obtain Share India account credentials, marking the start of the uTrade Algos journey. To understand why sharing PAN Card details, while signing up on Share India, is important read here.  Is it important to share PAN Card details while signing up with Share India?
  • uTrade Algos necessitates linking or verifying Aadhaar details to adhere to regulatory norms such as SEBI’s KYC guidelines. Read more about this here. Why am I getting redirected to the e-Aadhaar site?