Demat Account for Stock Trading

Demat account, or Dematerialized Account, is an account which is used in stock trading. In this post, we will discuss the demat account which will be helpful to the persons who are very new to the stock market. What is Demat Account? It is the short form of Dematerialized Account. As banks provide a saving/current account for monetary activities, stock the brokers provide the demat account for stock activities. Banks do not require any annual maintenance charge for their saving/current accounts (however they require minimum balance requirements in some cases), many stock brokers charge an annual maintenance charge for having … Continue reading Demat Account for Stock Trading