Is it permissible to have multiple trading accounts?

Discussion in 'Investors Grievances' started by munnabhai208, Jan 13, 2010.

  1. munnabhai208

    munnabhai208 Active Member

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    Hi frnds,
    My current broker charges high brokerage for F&O , I like to open a an account with some other broker for F&O. So i would like to know whether it is permissible to have two trading account with separate Broking firms? Thanx in advance....




    Muneer
     
  2. ajfrod

    ajfrod Member

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    Yes
    But if you use online trading each trading account has to have one demat account
     
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  3. rider.royal

    rider.royal Active Member

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    Yes it is permissible.
     
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  4. bunny

    bunny Well-Known Member

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    Yes, you can have. I have two - one in anad rathi and another in sharekhan.
     
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  5. ajfrod

    ajfrod Member

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    Do you have a demat account in each?
     
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  6. Capricorn

    Capricorn Well-Known Member

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    You can have as many as u like..:)
     
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  7. bunny

    bunny Well-Known Member

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    Yes. .
     
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  8. munnabhai208

    munnabhai208 Active Member

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    Thank you friends for ur valuable replies. Bunny, Do you have separate Deemat accounts or only one?
     
  9. bunny

    bunny Well-Known Member

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    Yes............
     
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  10. madhava36

    madhava36 Member

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    Is it possible to have multiple trading accounts with a single Broker ? Thanks . madhava36
     
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