Trading Account: This is used to buy and sell shares on the stock market.
Demat Account: This holds your shares and securities in electronic form, like a digital locker.
You need both because:
The Trading account is used to place buy/sell orders.
The Demat account stores the shares once you’ve bought them.
They work together: Trading account executes the trade, and the Demat account holds the securities.
Yes, you can open a Demat account alone:
If you only want to hold shares (e.g., from an IPO or ESOP).
But to buy or sell stocks on exchanges like NSE/BSE, a Trading account is required.
Yes, to invest in listed stocks, you must have at least:
A Demat account (to hold the stocks).
A Trading account (to buy/sell on the market).
You can open both through Alice Blue.
As of the latest information, Alice Blue does not charge AMC for Demat accounts.