Comment on Various Types of Accounts

Kumari commented on 13 Jun 2013, 06:15 PM

Thanks for the reply. I have some follow up questions.
I am thinking of opening a trading account with Zerodha for only for intraday and derivatives (options) trading. I would like to continue existing account with IDBI where I have some share in my DMAT account.

1. Am I allowed to have two trading accounts (one with Zerodha and the other with another broker)
2. If I am allowed, will I be able to operate my existing account the way I am doing today or will I have restrictions on that account.

You have mentioned in your reply that if I buy shares from Zerodha trading account, it will go to IDBI account. I don;t intend to buy shares for delivery throuh Zerodha trading account. However if in any circumstances, if I buy them how will I sell them

Also after opening the trading account with Zerodha, will I be able to buy and sell stocks in my IDBI account

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