Question -

Is it required to have multiple account from one broker?

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Bardulf Leitz Lived in Bonn
Answered 1 month ago
<p id="isPasted">No, it is not required to have multiple accounts from one broker. In fact, it is generally not permitted to have more than one Demat account or trading account with the same broker. However, you can open multiple Demat and trading accounts with different brokers.&nbsp;</p><p>Here's a more detailed explanation:</p><p>One Account Per Broker:</p><p>When you open a Demat account, you are assigned a Depository Participant (DP). SEBI regulations limit you to having only one Demat account with a specific DP or broker.&nbsp;</p><p>Multiple Brokers, Multiple Accounts:</p><p>You can have multiple Demat and trading accounts, but they must be with …</p>