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Is it permissible to have multiple trading accounts?

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  #1  
Old 13th January 2010, 09:28 AM
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Default Is it permissible to have multiple trading accounts?

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



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  #2  
Old 13th January 2010, 12:53 PM
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Default Re: Is it permissible to have multiple trading accounts?

Yes
But if you use online trading each trading account has to have one demat account
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Old 13th January 2010, 01:28 PM
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Default Re: Is it permissible to have multiple trading accounts?

Yes it is permissible.
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Old 13th January 2010, 01:39 PM
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Default Re: Is it permissible to have multiple trading accounts?

Yes, you can have. I have two - one in anad rathi and another in sharekhan.
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Old 13th January 2010, 02:43 PM
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Default Re: Is it permissible to have multiple trading accounts?

Quote:
Originally Posted by bunny View Post
Yes, you can have. I have two - one in anad rathi and another in sharekhan.
Do you have a demat account in each?
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Old 13th January 2010, 04:10 PM
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Default Re: Is it permissible to have multiple trading accounts?

You can have as many as u like..
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Old 13th January 2010, 05:08 PM
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Default Re: Is it permissible to have multiple trading accounts?

Quote:
Originally Posted by ajfrod View Post
Do you have a demat account in each?
Yes. .
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Old 16th January 2010, 05:33 PM
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Default Re: Is it permissible to have multiple trading accounts?

Quote:
Originally Posted by bunny View Post
Yes. .
Thank you friends for ur valuable replies. Bunny, Do you have separate Deemat accounts or only one?
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Old 16th January 2010, 05:38 PM
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Default Re: Is it permissible to have multiple trading accounts?

Quote:
Originally Posted by munnabhai208 View Post
Thank you friends for ur valuable replies. Bunny, Do you have separate Deemat accounts or only one?
Yes............
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Old 16th January 2010, 09:24 PM
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Default Re: Is it permissible to have multiple trading accounts?

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


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