More than one DP Account

#1
Dear,
I am doing the share trading with one broker with trading account and DP account. But I wish to trade with another broker without cancelling the fist broker. Can I open another DP account with other broker? i.e is it possible to open more than one trading and DP account at a time? There is any problem (either tax or any other) if we have two trading and DP account.

I am expecting the reply from somebody who is having idea about this matter.

Thanks

Vinod
 

amrit

New Member
#3
DP account is just like bank a/c having no restriction on the nos. yo can have as many as you want but u need to show it to tax bodies, but it is recommended to have one DP account so that to tract the stocks is easy