Things to keep in mind before opening a Demat account
Things to keep in mind before opening a Demat account When you’re playing dmintion, a badminton rocket, a shuttle cork and a net re respectively the most essential thing you need. Similarly, while playing the stock market, the most essential thing you need, is a demat account. But what is a demat account? A demat account holds all your financial securities, in electronic form. Before you enter the stock market, it is important that you open a demat account. Opening a demat account is no major task, there are a lot of brokers tht can let you open your demat account for free or for a minimal amount. Since your Demat account holds the details of the most important of your financial investments in electronic form, being concerned over it is natural. Therefore, you need to look at a few things before you open a Demat account. Broker Transaction of shares takes place through brokers. There are two types of brokerage firms- discount brokers and full-service brokers. A discount broker