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Introduction to Account Opening

 What is a Trading and Demat account?

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.

Why do I need both a Trading and a Demat account?

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.

Can I open a Demat account without opening a Trading account?

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.

Is account opening mandatory for investing in stocks?

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.

Is Alice Blue charging AMC (Annual Maintenance Charges)?

As of the latest information, Alice Blue does not charge AMC for Demat accounts.