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Difference between Demat and Trading account
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06 Feb 2021
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DEMAT Account |
Trading Account |
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A Demat account lets you store your investments digitally. |
A trading account lets you buy and sell shares and mutual funds. |
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You can use a demat account without a trading account to transfer your shares or convert your physical shares into demat form. |
You cannot open a trading account without demat account. |
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Demat accounts are offered by depository participants, like brokers or banks. |
Trading accounts are primarily offered by brokers. |
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