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

Difference in between demat ,trading and bank account.?

  • Dear all, what is difference in between demat account,trading account and bank account and its importance while purchasing a share from share market please write detail if u known well. Thanks

  • Answer:

    d mat account is an account in which you can purchase , hold and sell stocks trading account is one in which the stocks can be parked for the purpose of purchase and sales bank account is the one which provides facilities for purchase and sales account if you have a particular share in your account then it is d mat account you want to sell it then you transfer it to trading account and if sold the proceeds will be credited to your account after deducting the broker commisssion and other usual charges similarly if you want to purchase a stock and had purchased then first your bank account will be debited then the stocks will be parked in your trading account and ultimately transferred to your d mat account

bitterma... at Yahoo! Answers Visit the source

Was this solution helpful to you?

Other answers

i have not the slightest clue

kelly k

Related Q & A:

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.