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Different types of trading accounts in India
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Types of Trading Account FAQs
Can I have 2 trading accounts?
Yes. You can have 2 trading accounts, but they should not be from the same broker.
How does a Demat account differ from a trading account?
The Demat account stores securities electronically, while the trading account allows buying and selling of stocks.
What are the uses of trading accounts?
Traders use trading accounts to hold stocks, bonds, foreign exchange, and other investment instruments. A trading account lets you buy and sell securities or day trade.
Can I open only a trading account?
No, you can't open a trading account without a Demat account.
Who is eligible for a trading account?
An adult or a minor can open a trading account.
