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.

The Securities Exchange Board Of India (SEBI) has proposed a new 'T+1' settlement cycle, under which shares will be settled/transferred from the sellers' Demat account to the buyers' Demat account in one day or under 24 hours. This will be implemented on an optional basis on the exchanges from January 1, 2022. Exchanges like NSE and BSE will have the liberty to select any script that they want to shift into the new regime.

UCC ID in Upstox simply means Unique Client Code. Now, let's discuss all about UCC ID in detail. A unique ID for each client that can be used while you log in your Upstox account. Once you submit your application, and complete all the demat and trading account opening formailities, a UCC ID shall be generated for your individual account that's forwarded on your e-mail id and mobile number.

Yes, discount brokers are safe in India and can be used for trading or investing because they are all strictly regulated by SEBI. Let's find out in detail why discount brokers are safe in India.

As claimed on the Finvasia website, their mission is to give traders and investors financial freedom from the brokerage. Offering zero brokerage fees, zero account setup fees, zero call & trade fees, and zero clearing fees, Finvasia claims that any overhead cost can be lowered when there is a high volume of clients.

You might have come across these product codes: MIS and CNC. Ever wondered, what they mean? Here you'll learn what is MIS and CNC in context to stock trading in context to Zerodha and other stock brokers in general.

The Axis Direct Demat Account Closure Process is quite simple. You need to fill up the account closure available online and submit it at the nearest branch or post it to the address mentioned in the form.

To close your Groww Demat account, go to your profile, click on "Help & Support," then type "I want to close Groww Demat account," then click on "Contact Us." From there, you can call or submit a ticket to the team, and they will assist you further.

You need to download the account closure form available at Demat Account Closure Form and submit it at your nearest YSL branch. For the detailed process, read further.

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.