What's the difference between a Demat Account and a Trading Account?

Opening demat account for Online Trading?

  • I am new to online trading. Which is the best bank to open demat account offering best services

  • Answer:

    opening a demat account can be done through any bank. The charges will be one and the same. But trading account must be very carrefully selected. Here also in terms of charges all are at par but important is the softwares they provide for online trading of shares. The best if HDFC Secutities and ICICI Direct. Others like Axis direct, SBI, Geojit BNP, sharekhan, India infoline is also good.

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Other answers

There are many companies that provide demat account free of cost, some of which are profit.biz, sharekhan, ICICI direct, IDBI capital, angel. Consult with them and choose that one whose brokerage is very less.

Goldy Raj

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