Kavya TKnowledge Contributor
What is the difference between DEMAT & trading accounts?
What is the difference between DEMAT & trading accounts?
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There is one fundamental difference between trading accounts and DEMAT accounts – a trading account allows you to buy and/or sell orders for shares, whereas a DEMAT account only allows you to hold shares and securities. When you place a buy/sell order through your trading account, the securities are debited from or credited to the DEMAT account. As such, both accounts are synced to one another.