No idea.
Question
Demat Account Few years back, one could open just the trading account with a stock broker if intending to use only the F&O segment. Opening a new demat or linking to an existing demat was not required. Is this rule still the same or has this changed?
Few years back, one could open just the trading account with a stock broker if intending to use only the F&O segment. Opening a new demat or linking to an existing demat was not required. Is this rule still the same or has this changed?
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Hi George,
As per SEBI guidelines, a Demat account is required to buy/sell the shares, even if you are not taking delivery. Many brokers, including us, do not provide the facility of trading account alone. You would be required to open a Demat account as well. Moreover, AMC remains more or less the same, and now with the implementation of eDIS, your shares are secured. Hence, it is advisable to open a Demat account as well. Kindly refer to the link below-
https://fyers.in/support/article/can-i-open-a-trading-account-without-opening-a-demat-account/64
Hope this helps!
Same here no idea