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Why some brokers force you to open new demat accounts Brokers in India are reluctant to allow investors to link their trading accounts with demat accounts held at other brokerages due to various challenges and risks involved. Lack of interoperability and standardization, shorter settlement times, and potential errors in the trading process are some of the reasons cited. Some brokers offer the option of linking a different demat account but restrict its use for buying and selling securities directly. Investors have the option of offline or online tr...
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