Introduction Investors planning to invest in the Indian stock market to make some extra cash should know that they need to open a demat as well as a trading account. If you do not the time to physically visit a bank or a brokerage firm you can also open an online demat account. Some banks offer three-in-one account which consists of a savings bank account, a trading account and a demat account.
Conclusion • Trading account allows account holders to order the purchase/sell their securities in the Indian stock market. It is an account which allows its investors to carry out all the trade transactions. You can open a trading account either with a bank or a brokerage firm. • Dematerialization or DEMAT account lets account holders store their shares, bonds and other investments. Demat account is like a bank for shares and bonds. When you trade using your trading account to either purchase or sell shares they get credited or debited from your demat account. • Ultimately, you have to decide what you want.