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What is Demat & Trading Account?<br><br>Demat Account and Trading Account Difference is normally not known to common investors or traders. In layman terms, Demat Account and Trading Account are referred as Demat account only. <br><br>This Demat account (share market) tutorial covers:<br><br>1) Introduction to Demat account and trading account<br>2) difference between trading account & demat account<br>3) documents required to open Demat account <br>4) & process of opening Demat account in India<br><br>OPEN TRADING & DEMAT ACCOUNT IN INDIA'S BEST BROKERAGE FIRM Motilal Oswal.<br><br>To start your trading, one need to have a demat and trading account where demat account acts as the repository of the stocks bought while the latter is used to actually trade on the stock market.
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Stock Market or share market Share market is a kind of business. It is not a Gambling or any kind of Speculation.
3 types of account needed? • Bank Account • Demataccount • Trading account
What is Demat account? • Demat account is like a bank account • the way we keep our money secure • in our bank accounts • Dematis used to keep our securities means the share we have bought safe and secure.
What is Trading account • A trading account is used to buy or • sell shares in a stock market. • A trading account acts like a link between Demat account and bank account of an investor. When an investor wants to buy shares, he places an order through his trading account.
BASIC DOCUMENTS REQUIRED To open demat and trading account • AADHAR CARD • 1 PASSPORT SIZE PHOTOGRAPH • PAN CARD • 1 CANCELLED CHEQUE • THREE MONTHS BANK STATEMENT
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