Comment on Various Types of Accounts

Nithin Kamath commented on 14 Jun 2013, 04:18 AM

1. Yes Kumari, you can have as many trading accounts as you want. The restriction is that you can’t have 2 trading accounts with the same broker.

2. For trading derivatives both intraday/positional or intraday trading on equity you don’t need a demat account. You could just open a trading account with us.

3. Your existing IDBI account will continue to operate just the way it is now, nothing will change.

4. When you link your idbi demat to your zerodha trading account, whenever you buy stocks, the stocks will be delivered to your idbi demat account. You can then sell it using the idbi trading account.

Hope this clarifies.

Cheers,

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