Account
Digitalisation has revolutionised the financial sector, making investing and trading more accessible and efficient. Gone are the days when you had to be physically present to trade in the stock market. Online trading now allows you to buy and sell shares anytime and from anywhere, provided you have a Demat Account and a Trading Account.
Although these accounts are often used interchangeably, they serve different functions. This article will compare a Demat Account and a Trading Account, helping you understand their unique roles.
Before diving into the differences, let's first explore each account individually.