Open Demat and Trading Account with CMCL - OPEN DEMAT AND TRADING ACCOUNT
A Demat account helps investors hold shares and securities in an electronic format. It is also commonly known as a Dematerialised account. This account helps keep track of an investor's holdings in shares, exchange-traded funds, bonds, and mutual funds in one place.You can open a Demat account without a trading account. Sometimes an investor just wants to hold the shares over the long term without selling them in the near term. Such investors can store the shares in their Demat account.Safe and Secure: It provides a secure environment for storing your securities, reducing the risk of loss, theft, or damage associated with physical certificates. Convenience: Demat accounts offer easy access to your investments, allowing you to buy, sell, or transfer securities with just a few clicks.
An trading and demat account is most required for purchasing and selling and holding shares. However the trading and demat account could become dormant if there are sustained periods of inactivity. And no trade can be made through an dormant trading account until the reactivation process is completed.
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