Author: Klevertrade
Klevertrade
Hunting for a qualified and diligent stock broker? Look no further! Klevertrade is the best stock broker in India, with investment opportunities across all asset classes. You are set to begin your wealth creation journey with hands-on customer support, an updated knowledge corner, and an easy user interface.
What are online Demat accounts and the benefits of having a Demat account with Klevertrade? Understanding Demat Account: Meaning and Benefits Opening a Demat account online, similar to an online bank account, is a significant financial decision that enables financial independence and control over investments. While you hold cash in your bank account, the former has securities in an electronic format, which is one of the key features of a Demat account. The securities can be bonds, shares, mutual funds, or Exchange-Traded Funds (ETFs). If you want to invest in equities, a Demat account is mandatory, with Central Securities Depository…