Hi!
Yes it is possible. Even I am doing the same thing. My demat is with ICICI and I do my trading with Angel. But now I am planning to open demat account with angel also, because I do all my trades on angel only. There is no problem while buying the shares, but every time I sell my shares, I have to visit ICICI branch to submit the delivery instruction slip to transfer the shares from ICICI. So I would suggest in order to avoid this hassle keep your demat and trading with the same broker. Initially I thought why pay extra money to angel, when I can manage everything with only one demat account. Thus, I am now planning to open a demat with Angel. Angel is charging me Rs.330 per year for demat. I feel it is fine enough.:thumb:
Yes it is possible. Even I am doing the same thing. My demat is with ICICI and I do my trading with Angel. But now I am planning to open demat account with angel also, because I do all my trades on angel only. There is no problem while buying the shares, but every time I sell my shares, I have to visit ICICI branch to submit the delivery instruction slip to transfer the shares from ICICI. So I would suggest in order to avoid this hassle keep your demat and trading with the same broker. Initially I thought why pay extra money to angel, when I can manage everything with only one demat account. Thus, I am now planning to open a demat with Angel. Angel is charging me Rs.330 per year for demat. I feel it is fine enough.:thumb:
i asked because.I am opening an account with angel and the guy said amc charges of approximately 500 would apply.SO i was thinking whether demat can be open with my bank hdfc(as they reverses the charges)and trading i do on angel.
Is that possible?
Is that possible?