Can I open 2 demat accounts with the same bank account?
Absolutely, you can open two or more demat accounts with one single bank account. You can, later on, add other bank accounts to your demat account as per your requirements.
Can we open demat and trading account without Aadhaar card in India?
Yes, you can open a trading and Demat account without an Aadhaar card but it's not possible to do that in the online method. To open your account without an Aadhaar card, you will have to visit the broker's branch and complete the process there.
Is opening a demat account free in India?
Yes opening a Demat account in India might be free with some brokers but not all. Apart from the opening charges, a Demat account is not completely free. You will have to pay an Annual Maintenance charge or Demat fee, every year.
Can I do stock trading in India without a broker?
To buy and sell stocks in the Indian stock market, you will need a demat and trading account. A stockbroker is necessary to trade stocks because the broker will provide the trading account through which you will place your trades.
How much money is required to open a Demat account in India?
Many Indian brokers allow you to open your Demat account for free, whereas some charge a nominal fee of Rs 200 to Rs 500. Although there are some recurring charges that you have to bear such as annual maintenance charges, Demat charges, etc.
Can non-US citizens open a brokerage account with a US broker?
Non-U.S citizens cannot directly open an account with a U.S based broker as they would not possess the necessary documents, required to open an account with a U.S broker. But there are many U.S based international brokers like 'Interactive Brokers', etc, who allow users from multiple countries to open an account with them. Using that account you can easily gain access to the U.S markets.
What are advantages of opening Demat and Trading account with 5paisa?
5paisa is a new age company that believes in making the entire process of getting started with trading as simple as possible. It operates on the principle of self-investment and provides low brokerage services.
Is Opening a Demat and Trading Account Safe with Groww?
Yes, opening a Demat and trading account safe is completely safe with Groww. In fact, being an emerging entrant in the stock brokers arena, it's trying to expand its user base quite agressively. And, seeing such new players in the already competitive stock broker hub is really interesting and somewhat beneficial for the traders.
What is the difference between Demat account and trading account?
Trading Account is used for buying and selling securities while Demat Account is for holding various securities in electronic format.
How to Open a Trading & Demat Account with Paytm Money?
To open a Paytm Demat Account you do not need to make a lot of efforts. You can simply do it online which spares you from standing in a long waiting queue in the branch of the broker house. These days online and offline account opening has become all the more easy.