Are you confused about how many demat accounts one can have? Upstox is here to clear your doubts! In this video, we unravel the world of choices when it comes to your financial accounts.
Watch this video to get answer to these questions:
Can I have more than one demat account? | Can I have 2 demat accounts
Can I have more than one trading account?
What are discount brokers?
What are full-service brokers?
Benefits of More Than One Demat and Trading Account
Disadvantages of More Than One Demat and Trading Account
Here is what’s covered in the video:
First, we discuss the freedom to open multiple demat accounts with different depository participants. Full-service or discount brokers, the choice is yours!
But that's not all; we also delve into the world of trading accounts. Can you open more than one? We also explain the importance of linking your trading account with your bank for smooth fund transfers.
The video also gives insights into the benefits of having multiple accounts, including portfolio diversification and interface options. However, we also explore the downsides, like increased costs and account maintenance hassle.
Want know more about expenses related to demat account? Watch our video -- [ Ссылка ]
So, if you're considering multiple accounts, this video is a must-watch!
Don't forget to subscribe to Upstox's YouTube channel for more informative content. Plus, share your thoughts on opening multiple accounts in the comments – we're here to help! Make informed choices with Upstox, your trusted financial partner. Like, share, and stay tuned for more exciting videos on investing and trading.
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About Upstox:
💑 Trusted and loved by 1 crore+ Indians, Upstox brings everything you need for trading and investing on a single platform. Whether you’re looking to invest in Stocks, ETFs, Mutual Funds, SGBs, T-Bills, Bonds, IPOs or you’re looking to start trading in Equities, Options, Futures, Currencies and Commodities, Upstox has it all!
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