Can a trading and demat account be opened with 021 Trade if there is an existing account with another broker?
Yes, you can open a trading and demat account with 021 Trade even if you already have an account with another broker. There is no restriction on having multiple trading or demat accounts in your name. You can continue using your existing account and also enjoy the services offered by 021 Trade separately. Just ensure your KYC details are up to date.
Is it legal to have multiple demat accounts in India? SEBI allows multiple demat accounts, but only one per depository participant.
Read here to know about the documents required for opening a demat account.
