A demat account maintains shares and securities (bonds, ETFs, mutual fund units, and so on) in digital form, whereas a trading account provides an interface to buy and sell shares in the stock market.
Buying and selling stocks is referred to as stock trading. You won't be able to accomplish it without a demat account. This is due to the fact that shares are now only available in dematerialized, or electronic, form, which is the only way they can be traded.
Having several demat and trading accounts is completely legal. With the same Depository Participant (DP) or broker, you cannot have numerous demat accounts or trading accounts. As a result, if you already have a demat or trading account with a DP or broker, you won't be able to open another one with them.
The NSE provides its trading members with the option of using their own trading front-end software to trade on the NSE trading system. Only NSE trading members have access to this capability, known as Computer-to-Computer Link (CTCL).
Having several demat and trading accounts is completely legal. With the same Depository Participant (DP) or broker, you cannot have numerous demat accounts or trading accounts. As a result, if you already have a demat or trading account with a DP or broker, you won't be able to open another one with them.
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