What is the difference between a Demat Account
and a Trading account? For anyone who wants to buy and sell shares
on the stock market, you need to have 2 types of accounts; a demat account and a trading account. So, what is the difference between the two?
Well, in a demat account; you ONLY store the shares whereas in a Trading account, you keep
the Money NEEDED to buy and sell shares. To start trading, you need to open both, a
trading and a demat account. Then, you need to link both the accounts to
your existing savings account and now… you’re all set to trade.
So here is how it works… when you buy shares, you utilize the money in your trading account
and after purchase the shares get digitally deposited in your demat account.
At Angel Broking you can open a demat account within 4 hours in just 5 easy steps.
Get started today. Just log on to our website and enroll