Which demat account is better? How do you evaluate a demat account?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 guflar asked almost 4 years ago

Which demat account is better? How do you evaluate a demat account?

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Gaurav Tekchandani answered almost 4 years ago

Hello Guflar! There are 2 types of DEMAT ACCOUNT namely: i)BASDA ii)Full-Fledged DEMAT ACCOUNT BASDA stands for BASIC SERVICES DEMAT ACCOUNT. AS the name suggests, BASDA is an account which has only basic services related to trading in stock market. Also u cant have more than one BASDA Account in ur name and also the investment limit is INR 2 Lacs. There is no maintenance charge on such accounts and have minimal trading/broking charges. Full-Fledged DEMAT ACCOUNT: As the name suggests, Full-Fledged DEMAT ACCOUNT are DEMAT ACCOUNTS with complex services required for trading in a stock market and for trading over INR 2 Lacs. You can choose them as per ur requirements. Happy Trading! Any other query, please feel free to contact. Regards,

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