Can the demat account be closed while keeping the trading account open?

Can the demat account be closed while keeping the trading account open?

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.



    • Related Articles

    • How to reactivate an already closed Demat account at 5paisa?

      To reactivate your closed Demat account with 5paisa, follow these steps: 1. Required Documents: · Account Opening Form (AOF) · KYC Form · Nominee Declaration · PAN Card (self-attested) · Aadhar Card (self-attested) · Bank Proof (as per bank mentioned ...

    • How to open a joint Demat account with 5paisa?

      A joint Demat account can only be opened offline with 5paisa. Following are the specifications for opening a joint Demat account- The maximum count of account holders for a joint Demat account is 3 inclusive of the primary account holder. Further, ...

    • How do I open a commodity account?

      If you are already have a trading and demat account with 5paisa, you do not have to bear any further charges for activation of MCX segment i.e. Commodities segment If you wish to activate your commodity segment, we request you to follow the path as ...

    • How do I open Demat account online?

      An individual 5paisa Demat account can be opened online only if the mobile number is linked to the Aadhaar card. For opening an account, visit here or download the application from play store Follow the below steps to open your Demat account with ...

    • How to reactivate an already closed Demat account at 5paisa?

      To reactivate your closed Demat account, the following documents are required- AOF (Account Opening Form) Tariff sheet (PDF) KYC Form Nominee declaration (PDF) Nominee Detail Form Write an email to raise a reactivation request at support@5paisa.com ...