To grow wealth exponentially over a relatively shorter time takes knowledge and experience. Most investors prefer trading in the stock markets
to achieve these ends. However, as we said before, you need to be an expert. Of course, guidance and analyses from seasoned market
experts are essential too. Equity trading involves buying and selling of shares of companies in the stock market. You can do this with an equity
trading account.
In India, it is mandatory to register with a brokerage house for trading in Financial Markets. Angel One provides not only well-informed
market tips but also research. This helps you make the right calls on which stocks to buy and which ones to sell. You can also benefit
from value-added tools for a seamless customer service experience. Let’s see what is an equity account, how to open one and its benefits.
As we said before, you need an equity trading account to be able to trade. This account enables you to buy and sell shares of companies and also hold them in a dematerialised format.
Equity account opening involves signing up for trading and demat accounts. These two will then get linked to your savings bank account
(with your consent) for transferring funds. Thanks to a fully digitised process, brokerage firms like Angel One provide
integrated platforms for opening equity accounts.
A trading account lets you buy and sell securities on the stock exchange. Here you get a unique trading identification number (id).
account
A Demat account is like a digital locker for the securities you buy as it holds the securities in a paperless (dematerialised) format.
It has replaced the physical storing of share certificates. You can say it’s a bank account to park your investments.
The purpose of a Demat account is to hold securities purchased through a trading account and payments are done through the linked bank account.
This distinction is vital in the equity online account opening process and even if you choose to submit physical documents.
Benefits of opening an equity trading account:
Now that you know what is an equity account let’s look at benefits. It is essential to do your homework and choose the best options.
Among other things, established brokerage houses like Angel One have full
transparency about their pricing and operations. Their websites are interactive and continuously updated.
They can provide the right guidance backed by top-notch market analysis and market experts’ opinions. Finally,
the best brokerage houses offer reasonable account opening and transaction brokerage rates.
transparency about their pricing and operations. Their websites are interactive and continuously updated.
They can provide the right guidance backed by top-notch market analysis and market experts’ opinions. Finally,
the best brokerage houses offer reasonable account opening and transaction brokerage rates.