Bajaj Consultancy has come up with a new service known as Managed Trading Account (MTA).
Since many people are not making much profit and are not able to book higher profits at right time, we have introduced this concept of MTA. This service is mainly for those who cannot watch their trader screen continuously, or those who have to handle more than one business.
The investor opens a trading account with a reputable brokerage firm (Upstox). The investor then funds their account in the normal way (i.e., by bank transfer). Also, nobody but the account holder has access to the client's funds and/or the ability to make further deposits and withdrawals.
Investors have live access to their managed account at all times, either through an online portal or directly through the trading platform. You can then view your account, including balance, profits, plus open and closed trades in real time via an app. However, you are not allowed to place your own trades on the account.
To our knowledge, there is no other structure available which gives clients as much control, access, flexibility and true transparency as that found in the Bajaj Consultancy Managed Trading Account structure (except if the client were to do the trading themselves).