What is Trading & Demat Account
To trade in Indian stock market having Trading & Demat Account is minimum requirement now question arises “What is Trading & Demat Account”
Trading Account is basically use for executing buy & Sell order, if you are trader and mainly delaing in intraday trade or doing trading in Derrivatives or (F&O), you will use trading Account only. Trading accounts are interlinked with your Bank Account & Demat Account.
Demat Account primarily use for holding & sorting securities in electronics ( paper shares are history now),it ensure safety of your holdings, not only for shares in case of mutual funds or Goverment securities also you need Demat Account.
Important Documents required to open Trading & Demat Accounts :-
PAN Card,
Residence Proof (Adhar Card),
ID Proof,
Passport Size Photo