How do I open a trading account without opening a Demat account?

It is mandatory to open a demat account along with the trading account.  Here’s why a demat account is required:
  • Equity Intraday: Let’s say you have taken an intraday trade and not closed the position at the end of the day. This position can go into delivery and a Demat account is required to settle the shares.
  • F&O Contracts: From October 2019 all Stock F&O contracts are being settled physically. This requires the stocks to be settled to a Demat account in case of a delivery position.
Was this helpful?

Haven't found the Answer to your Question?

Raise a Help Ticket