A trading account is that it is an investment account that allows you to buy and sell financial assets without any restrictions. This trading account works as a link between the Demat account and the bank account. The different types of trading accountypes are explained below:
As the name suggests it is a trading account targeted for the amateurs and beignners with basic facilities to learn and commence trading activities.
This again as the name suggests is a trading platform for beginners to explore trading activities.
A security or standard trading account covers all your basic investment requirements and It allows you to trade equity – both intraday trading and delivery, futures & options (F&O), exchange traded funds (ETFs), mutual funds, and currency futures.
A corporate account enables businesses to park and grow excess funds through reinvesting. Companies can also use this bank account to manage an investment portfolio and sell and purchase bonds, stocks, new companies, and other assets.
An Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in the Islamic stock market following the principles of Islamic finance. Also known as swap-free accounts, Islamic trading accounts differ in several ways from regular Forex accounts.