Demat accounts are used to hold shares and securities on an online computer in an electronic form. When shares are bought during a trade, a demat account holds them for facilitating easy trade route for the traders and brokers. Demat Account can hold investments of an individual in shares, exchange-traded funds, bonds, government securities, mutual funds and bonds. All these assets and their details in one place. Depositories like NSDL and CDSL provide such services of Demat account through intermediates or stock brokers. One such is Angel Broking, which is one of the best in business. These demat accounts charge a fee to the users depending on the volume of assets and other conditions set by the Stock Broker. In this article, we’ll discuss the advantages of opening demat account with Angel Broking.
Angel Broking is a very active Stock Broking firm which offers Demat accounts for asset management, here are some of their features:
Easy Holdings: Keeping and maintaining physical certificates can be a tedious job. Tracking their performance manually is a mess and when you have multiple to maintain it can create a fuss. Demat account provides convenient hold and track interface through which you can manage multiple assets through a single account.
Reduced Risks: Keeping physical securities and certificates is risky as it can get stolen or damaged. Not only that, they can get affected while deliveries. When you opt for a Demat account, these risks are completely eliminated. The account provides holders for holding investments and other assets in electronic format.
Cheaper Option: Getting certificates physically includes additional expenses like stamp duty, handling charges, government clearances, and so on. Many of these extra costs can be easily reduced. This way the Demat account is often a cheaper option. Angel broking charges the least and handles other expenses without extra costs.
Less Time: As everything is handled online in a demat account, this way a lot of paperwork is eliminated, which results in faster transactions. This way the account holder can invest and complete more transactions in less time. This way more purchases and sales of security assets can be made in a shorter time and more efficiency.
Odd lots: When you deal with physical certificates you are limited to buy and sell a limited quantity as it can get risky to hold highly valuable assets together. The online demat account provides the convenience of dealing with odd lots. Angel broking demat account can provide a huge amount of buy and sell quantity in instant.
Easy Transfer of Shares: Services like Delivery Instruction Slip (DIS) or Receipt Instruction Slip (RIS) provide fast and easy transfers for their holdings for buying and selling shares. These slips are used in the transaction process to execute them smoothly. This way you can sell and buy quickly while you are shorting a share or dealing with pumps and dumps.
Accessing Options: As described earlier, demats accounts are all operated electronically on a server. As they are online, you can access your account from any device like your computer, smartphone or tablets. You just need an internet connection and you can check the status of your assets anytime anywhere.
Demat accounts provide so much convenience in maintaining assets, certificates, securities and shares with an online interface. With these features, they eliminate all the paperwork and provide a secure and trusted environment to keep your investments. Angel Broking is a great platform to open a demat account as they provide great service with very fewer charges. So, if you are a frequent trader with a lot of investments then visit the website and get you demat account now to enjoy all such benefits.