No, you cannot close your demat account while keeping the trading account open. This is due to the following reasons:
· The unsquared equity intraday positions must be settled to the demat account.
· All stock F&O contracts need to be physically settled in the demat account.
Therefore, a demat account is essential when trading in the stock market. However, if you have multiple demat accounts opened, you can link just one of those to the trading account and close the rest. Use 5Paisa to smartly trade on the stock market and earn good profit returns.