- What is the difference between 2-in-1 and 3-in-1 trading accounts?
- How many type of commodity exchanges are there in India?
- What is discount broking account?
A 2-in-1 trading account that integrates only with Demat and the trading account. However its similar to 2-in-1 trading account but it goes one step ahead as it delivers additional facility in integrating banking services with trading and Demat account.
There are two popular and important commodity exchanges in India:
1) The Multi Commodity Exchange (MCX)
2) The National Commodity and Derivatives Exchange (NCDEX)
A discount broking account is a normal type of trading account that does have any additional services. Brokers dealing in discount broking account offer call and trade facility and does not offer offline trading.
Final Thoughts
A trading account is essential to enter stock markets and accumulate higher profits. After getting a clear understanding of different types of trading account in India, one should carefully think and decide what kind of account is best preferable according to their interests and requirements.
An investor or trader must choose a reliable brokerage firm to open a trading account to prevent glitches and make their account safe and secure.
