21-01-2022, 11:10 AM
A Demat account is an account which holds the Securities or shares of the investors in electronic form. Investors can open a Demat account with any firm of your choice. Having a Demat account is mandatory to invest in the Stock Market. In fact it is highly helpful. It is also a very secure way of holding securities. It leads to eliminating the risks of theft or any kind of damage as in the case of physical paper certificates for various things. Everything is managed digitally, so transfer of shares is quite fast and simple. Demat accounts in India are provided by many stock brokerage firms. IIFL Securities is among the leading Stockbrokers in India. You can open a Demat account with them. They offer almost all kinds of financial services. They have a very proficient research team to help the investors with all the financial matters. They provide online platforms to cater to all investment needs. The IIFL Securities App is a powerful platform with all the tools required to trade easily. A single Demat account allows you invest in equities, mutual funds, IPOs, derivatives and many more. You can also open your account online. Consider opting for their services and start investing.