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SENSEX

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NIFTY 50

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meTrade

(Magnum Trading App)

Experience the trading with meTrade, the cutting-edge mobile app exclusively designed for registered clients of Magnum Equity Broking Ltd.

Whether you're a seasoned investor or a first-time trader, meTrade offers a simple and user-friendly platform to empower you in the dynamic world of financial markets.

Please feel free to contact the Support team of Magnum for assistance at 022 66676226 / 184

Magnum Backoffice

(Magnum Backoffice App)

Follow these steps to securely connect to the Magnum BackOffice App (mSoham):

Open the App
Enter INZ000172031 in the box asking for SEBI Code (one time requirement) and click "Next"
Enter your login id and password to access the App. Existing users of the Magnum BackOffice app can continue using their current username and password.

If you encounter any issues or have a question, contact the support team of Magnum BackOffice for assistance at 022 66676131 / 132

FundConnect

(Magnum Mutual Fund App)

Follow these steps to securely connect to your portfolio:

Open the App
Enter 49338 in the box asking for ARN (one time requirement) and click "Proceed"
Enter your registered mobile number and click "Proceed"
An OTP (one time password) will be sent to you. Enter the otp to view your entire portfolio

Please feel free to contact the Mutual Fund team of Magnum for assistance at 022 66676181 / 184

Magnum meTrade

(Magnum Trading App)

Experience the trading with meTrade, the cutting-edge mobile app exclusively designed for registered clients of Magnum Equity Broking Ltd.

Whether you're a seasoned investor or a first-time trader, meTrade offers a simple and user-friendly platform to empower you in the dynamic world of financial markets

Please feel free to contact the Support team of Magnum for assistance at 022 66676226 / 184

Magnum Backoffice

(Magnum Backoffice App)

Follow these steps to securely connect to the Magnum BackOffice App (mSoham):

Open the App
Enter INZ000172031 in the box asking for SEBI Code (one time requirement) and click "Next"
Enter your login id and password to access the App. Existing users of the Magnum BackOffice app can continue using their current username and password.

If you encounter any issues or have a question, contact the support team of Magnum BackOffice for assistance at 022 66676131 / 132

FundConnect

(Magnum Mutual Fund App)

Follow these steps to securely connect to your portfolio:

Open the App
Enter 49338 in the box asking for ARN (one time requirement) and click "Proceed"
Enter your registered mobile number and click "Proceed"
An OTP (one time password) will be sent to you. Enter the otp to view your entire portfolio

Please feel free to contact the Mutual Fund team of Magnum for assistance at 022 66676181 / 184

Circulars

Re-EKYC

USCNB ACCOUNT

Investors are requested to note that Magnum Stock Broking Ltd. is permitted to receive/pay money from/to investor through designated bank accounts only named as client bank accounts. Magnum Stock Broking Ltd. is also required to disclose these client bank accounts to Stock Exchange. Hence, you are requested to use following client bank accounts only for the purpose of dealings in your trading account with us. The details of these client bank accounts are also displayed by Stock Exchanges on their website under "Know/ Locate your Stock Broker".

Further, based on the details of Bank accounts provided by member under Enhanced Supervision, Exchange shall also display the details of Client Bank accounts of member on Exchange’s website under "Know/ Locate your Stock Broker".

Investors are requested to note that Stock broker Magnum Equity Broking Limited is permitted to receive money from investors through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Stock broker Magnum Equity Broking Limited is also required to disclose these USCNB accounts to the Stock Exchanges. Hence, you are requested to use following USCNB accounts only for the purpose of dealings in your trading account with us. The details of these USCNB accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker.

AXIS BANK
ACCOUNT NO.:	916020040264062
ACCOUNT NAME:	MAGNUM EQUITY BROKING LIMITED-CLIENT A/C
IFSC CODE:	UTIB0000004

BANK OF INDIA
ACCOUNT NO.:	008620100013470
ACCOUNT NAME:	MAGNUM EQUITY BROKING LIMITED-CLIENT A/C
IFSC CODE:	BKID0000086

HDFC BANK LTD.
ACCOUNT NO.:	00600340018454
ACCOUNT NAME:	MAGNUM EQUITY BROKING LIMITED-CLIENT A/C
IFSC CODE:	HDFC0000060

ICICI BANK LTD.
ACCOUNT NO.:	003205001799
ACCOUNT NAME:	MAGNUM EQUITY BROKING LIMITED-CLIENT A/C
IFSC CODE:	ICIC0000032

SEBI Mandated @Valid UPI ID : magnum.brk@validhdfc

Step by step process for account opening in brief (Physical mode)

Client to Click on the link (link to KYC PDF in download section) to download the format of the KYC form.
Client to Print the form, fill it completely & sign it.
Client to Send the form to the head office (HO address) for verification and in person process.
After completion of verification/audit Magnum shall inform the client of deficiencies if any.
Once the form is completed, client data will be uploaded to the exchange, KRA, CKYC etc. & client shall receive an email confirmation of opening of account with a welcome letter from Magnum.

Following documents will be needed for seamless account opening experience

Pan Card
Aadhaar Card
Sign on blank white paper
Cancel Cheque
Bank statement or ITR if derivatives
WEBCAM For Personal Identification
Nominee Pan Card

Step by step process for account opening in brief (Online)

Client to Click on the link to open account online
Client Put his Mobile number in mobile option
Get otp from magnum put in otp option
Click on submit button
Client Put his Email in Email option
Get otp from magnum put in otp option
Click on submit button
Client complete process to online Account
Admin check and verified all data and push to CDSL
Push to NSE push to BSE
Push to KRA
Push to Back office

Step by step process for filing a complaint on a designated email id, and finding out the status of the complaint

In case of any complaint, the client may send an email to designated email id grivences@magnum.co.in with details including client code, client name, PAN and all relevant details of complaint.
Magnum shall immediately send a reply acknowledging the receipt of the compliant email to the client.
Magnum shall check details of the client complaint. If there is any need for any further details/documents, Magnum shall email to the client within 7 working days asking for those details/documents.
Magnum shall endeavour to resolve the complaint of the client within 15 days thereafter.
The client may send an email to the same email id to check the status of its complaint. Magnum shall reply to the client with the current status within 3 working days.

Mandatory Dematerialization for Transfer of Securities, w.e.f 5th December 2018. Refer to SEBI notification number SEBI/LAD-NRO/GN/2018/24 dated June 08,2018. Update/Link your Aadhaar Number with your Demat Account by submitting a photocopy of Aadhaar card along with a request letter/Modification form. Prevent Unauthorised transactions in your account. Update your mobile numbers & email IDs with your stock brokers. Prevent unauthorized transactions in your trading account. Update your mobile numbers/email IDs with your stock brokers. Receive information/alerts of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of investors.

Prevent Unauthorized Transactions in your demat account. Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day. Issued in the interest of investors.

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment.

Filing Complaints on SCORES

Easy & quick.

Register on SCORES portal.
Provide mandatory details for filing complaints on SCORES like name, PAN, address, mobile number and email ID.
Benefits:
- Effective communication.
- Speedy redressal of grievances.

Dear Investor,

As you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in the securities market.

In this connection, please visit the BSE Investor Protection Fund Website where you will find useful educational material in the form of text and videos to help you become a well-informed investor.

We believe that an educated investor is a protected investor!

Risk Disclosure on Derivatives

9 out of 10 individual traders in the Equity Futures and Options Segment incurred net losses.
On average, loss-making traders registered a net trading loss of approximately ₹50,000.
In addition to the net trading losses incurred, loss-makers spent an additional 28% of their net trading losses on transaction costs.
Traders making net profits incurred transaction costs ranging from 15% to 50% of their profits.

Source:

SEBI Study dated January 25, 2023 – Analysis of Profit and Loss of Individual Traders dealing in Equity Futures and Options (F&O) Segment

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