Can a trading account be opened without opening a Demat account?

A trading account and a Demat account serve different purposes but are usually opened together. A trading account allows you to place buy and sell orders on the stock market, while a Demat account holds the shares you purchase, much like a bank account holds money. You can’t trade in equities without a Demat account, as the shares need to be stored securely in digital form. That’s why most brokers, including BlinkX, offer a combined trading and Demat account, making the entire process seamless. In short, a trading account is used for transactions, and a Demat account is used for storage, and both are essential for stock market trading and investing.