Demat Account

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What Is Demat Account?
Starting from scratch and have no one to guide you ?? Or are you in the urge to refer and guide someone who is new to Stock Marketing?? It is fine to be on this page. Because if you aren’t pretty much sure about starting something new, never to walk for the same until you are good to go. Besides we are here to guide you from zero. Hence starting with what is Demat Account. Let us first introduce you to the full form of the Demat Account. It is Dematerialised Account. In the early days, people used to have hard copies for their purchase and sell of the shares and securities. However, over a period of time, with the lack of security, fraud started knocking at the doors of investors. Therefore, discussing this situation and working on with the fast-moving era, the digital way of trading was commenced which is now known as Demat Account.

You can also relate your Demat Account to your normal bank account for better understanding perspectives. You deal with the money in your bank account that debits and credits; wherein the respective transactions are reflected in your ledger statements. Similarly, you deal with the shares and other invested securities in your Demat account electronically instead of money.

Top 10 Best Demat Account In India 2021 Provided By Top 10 Demat Account Providers With Customer Ratings:

Rank Broker Name Ratings
1 Wisdom Capital Demat Account 9.40/10
2 ICICI Direct Demat Account 8.70/10
3 Kotak Securities Demat Account 8.38/10
4 Zerodha Demat Account 8.24/10
5 Sharekhan Demat Account 8.05/10
6 Angel Broking Demat Account 8.01/10
7 5Paisa Demat Account 7.95/10
8 SBI Securities Demat Account 7.93/10
9 HDFC Securities Demat Account 7.89/10
10 Motilal Oswal Demat Account 7.87/10