Reliable Finance

  A Demat account, introduced in India through the enactment of the Depositories Act 1996, has made accessing stock markets convenient. It allows you to invest in various financial assets to meet your desired financial goals in the short-term or long term.  Typically, stockbrokers charge different fees for their Demat services. It includes a Demat account opening fee also. The Broking industry in India is highly competitive and stockbrokers offer many benefits to investors to entice more clients. Also, there is a surge in demand for online Demat and trading services. Tech-savvy millennials look for cost-effective and smooth Demat and trading services with brokers. Discount brokers help investors to open Demat account s with zero opening charges which helps them to trade hassle-free.  Discount brokers can meet such rising demands in a cost-effective manner. Discount brokers accounted for approximately 60% of active clients as of June 2022. Investors can save on account opening fees, an

A Demat account is a repository for the electronic copy of a person’s share market holdings. You can have a Demat account with a stockbroker of your preference. A Demat account is dependent on two other accounts, a Trading account, and a Bank account. Several other parties are involved in a Demat account transaction, including the two depositories, the depository participants, clearance houses, and the stock exchange. An investor or trader can initiate a buy or sell call in the stock market through his trading account. The depository participant forwards the request to the stock exchange, which matches the call with a corresponding buy/sell call. The order is forwarded to the clearing house.  The buyer pays the share price from his bank account and receives the shares in his Demat account. The seller’s Demat account is debited with the shares, and his bank account is credited with the matching amount. Stockbrokers have made. Demat account opening is a convenient and quick process for