Trading vs Demat Account
Understanding the difference
It is like a bank account to hold your financial securities for investing
Defining Trading Account
A trading account helps investors to buy and sell stocks. You will get a unique trading ID with the trading account, which allows you to participate in trading
Do I need a Demat?
If you intend to invest in the financial market, a Demat account is a must. Mandated by SEBI, it holds investment securities in dematerialised format.
Purpose of a Trading Account
If you intend to buy and sell securities frequently, then you need a separate trading account.
Gainers Vs Losers
Stocks that belong to the top and lower segments usually have good movement and hence, suitable for intraday.
Link Demat and Trading accounts
Make life easy by linking Demat, Trading, and Savings account. It makes buying and selling securities faster and simpler.