Let’s Understand the Differences of Demat vs Trading Account
Demat Account is an online account that holds all your investments in digital form. These investments can be shares, bonds, ETFs etc.,
A trading account helps you buy and sell shares. It also allows you to participate in exciting opportunities in the stock market like intraday trading, Option trading, etc.,
Yes, a Demat Account is mandatory as per Govt. and SEBI guidelines, to participate in online investing and trading. A Demat Account empowers you to invest from anywhere anytime.
The purpose of a trading account is to help you buy and sell shares. All orders you place to buy and sell shares are from your trading account.
On your trading app, Gainers denote shares whose price increased the most throughout that day and Losers denote those shares whose price fell the most that day.
A demat & trading account works in harmony. A trading account allows you to place orders to buy and sell shares and a demat account digitally stores the shares you have bought.
All new-age, online brokers offer Demat & Trading accounts together. So, these accounts are already linked. You need to link your demat & trading A/c to your bank A/c for a hassle-free experience.
Investing becomes simple if you open a demat account. Choose a smart broker like Bajaj Securities and let your money grow in auto-pilot mode.