It was the year 1996 when Demat Accounts were introduced in India, which put an end to the age-old system of shares and securities being physically issued and traded. Demat Accounts are run by depositories such as NSDL and CDSL via some intermediaries / Depository Member / Stock Broker for example, Angel Broking and offer the service of holding shares and securities in an electronic setup. While a person trades online, equity shares are bought and kept in a demat account. This way an easy trade is facilitated to the users. Demat Account takes care of all the investments an individual makes whether in equity, government securities, ETFs, bonds and mutual funds at one place.
What Does a Demat Account do?
No Paperwork: Once you open a Demat account, you put all your investments electronically. All the papers of securities and related documentation go completely irrelevant then, this lessens your paperwork hardship and the transaction time taken to make a trade happen. This makes the process convenient.
Lowered Risk: There could be no physical damage, misplace or theft of papers that contain such crucial and confidential matter of one’s financial life. In old times some agents also used to sell fake securities, having a demat account removes all these pitfalls from the investment system.
Cost Effective: Handling the equity and securities investment physically requires lot many extra expenses such as stamp duty, some documentation handling charges etc. These charges are not considered while making investment but do come into account when as a whole the charges are considered. Whereas a Demat account eliminates such extra costs entirely, and every charge is well calculated before even making the investment
Instant Transactions: Back in time when people used to trade physically, history itself says how long it used to take for a transaction to be completed. Demat accounts have discarded such delays and have made the process so smooth that things happen in a jiffy.
Advantages of Opening a Demat Account with Angel Broking:
- Easy Investment & Earning increased
- Angel Broking App provides latest news, reports, and real-time updates at their customers’ fingertips
- The Angel Broking platform is backed by the technology of ARQ for an easy and efficient process
- Account opening process takes just an hour to get you begin trading with Angel Broking
- Safe and Secure transaction process with high accuracy
Angel Broking Platform’s Unique Benefits:
Exceptional Returns: The ARQ system of Angel Broking provides investment advice without any emotional biases towards a product. By the help of ARQ’s suggestions investors make the best decision and achieve greatest returns.
Custom-Made Recommendations: As per an investor’s preference of industry and product/services that it delivers, ARQ offers personalized recommendations for making the investment. It makes you allocate your money in the best asset classes from equity, mutual funds, securities or gold etc. It also understands your risk preferences and suggests the investments options accordingly for you to achieve your goal efficiently.
Start Investing: With Angel Broking, one can start investing even with smallest sum of money that they have. Later on, with an overwhelming response of their ARQ capacities, the investor gets tempted to invest in the genuine recommendations provided.
Portfolio Re-Balancing Guide: Periodic updates and monitoring by ARQ always keeps your portfolio in check as to keep you in a profitable position.
Angel Broking is amongst one of the most well-known stock broking companies in India. The Angel Group is an associate of the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) and the two prominent Commodity Exchanges: NCDEX & MCX. Also, Angel Broking is a registered Depository Member with CDSL.
Demat Accounts backed by Angel Broking come with the features of ARQ which is a distinctive hyper-intelligent smart investment engine. Not a single trading platforms other than Angel Broking are backed by ARQ. ARQ is a ground-breaking auto-investment engine, driven by machine learning and profound industry understanding, helps an investor earn great returns from their investments.