InvestorQ : Is it possible to have a trading account without a demat account?
Abhisha Yadav made post

Is it possible to have a trading account without a demat account?

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ishika Banerjee answered.
3 years ago
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The answer is technical, yes. If you only intend to trade in equity futures, index futures, index options, stock options or currency derivatives then you only require a trading account and not a demat account. All these are contracts and do not create any ownership rights. Hence, you can trade all these derivative contracts without a trading account. But, if you want to trade equities, even if only for intraday, you will require to have a demat account too.
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