A demat account is an online trading account that allows buying and selling of shares of a company on stock markets in India. It can be opened without identification, but with email and phone number. The notion behind a demat account is that it helps those who don’t have enough money to buy shares from the primary market or trade on the secondary market. A demat account holder can use these accounts to establish his/her position in the share industry, making trades through brokers and dealing directly with companies such as banks, mutual funds, insurance firms and other stock ...Read more
