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| Discuss 2 trading accounts for 1 dmat acount? at the Brokers & Demat Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; hi, can i ahve 2 difrent broker trading accounts for 1 dmat account? i have ... |
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#1
7th December 2007, 02:19 PM
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2 trading accounts for 1 dmat acount?
hi,
can i ahve 2 difrent broker trading accounts for 1 dmat account? i have a dmat + trading account with reliance money, but i ahve some problems in selling shares in their program i wanted to know if i can open acocunt with say icici and only sell the shares through thier acocunt and buy through reliancemoney thanks 
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#2
7th December 2007, 02:40 PM
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Re: 2 trading accounts for 1 dmat acount?
theoritically possible but no body encourages as this is loss for their revenue coming from demat maintenance.
But this is possible by doing extra work from your side: 1. Buy shares from Reliance 2. Give share transfer instruction to do transfer shares from Reliance to ICICI (you need to pay off market sell demat charges to Reliance) 3. Sell shares using ICICI
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