You must see that there should many people who have the trading account but this does not ease that you get any type of trading account. Trading account should have many types or they should have the different procedures of the different accounts. It will be important that your first concern with agents who open this trading account then take the suggestion from them which types of account you open.
Indices and Shares are both of them different that trader invests money in them, sometimes the trader wants to invest the money in low prices then he wants to open the d mat account for the shares but if the trader wants to invest on big amount then he wants to open this trading account.
What is providing you the perfect knowledge about different types of trading account:-
There are many companies in the market that you can choose to open the trading account that suits you.
- First one is rookie
- Second of them is basic
- The third is premier trading account
First one is rookie:-
For open up this account you will deposit the minimum amount of 7000 rupees along with all the procedure that is required. The nature of this account is floating it means the values go up and down in this account.
Second of them is basic:-
This trading account has consisted of a large amount of money, you will deposit the 67000 rupees minimum for opening this account with required procedure. The values of this account are always floating because the prices are increasing or decreasing.
The third is premier trading account:-
For open this account, you must have the big amount of money that you minimum deposit that will be of 300000 rupees. The nature of this account is fixed because these prices are not going so much higher.