Pre market purchase

[Neha_Raghuraman]

Just to be sure: one can have multiple trading accounts but NOT with the same broker, right? In other words, I think I can only have 1 trading account with Zerodha.

If yes, I am a little confused by this:

@Lets_Invest

Even @nithin Have More than 7 Trading Accounts.

Unless @nithin has accounts with other brokers (which I am guessing will not make much sense ), how does he have 7 accounts ?

He himself explained it, here:

What is advantage or disadvantage of holding two trading accounts with two different brokers? Is it possible to have two separate Demat Accounts for same person?

Yes, you can have as many demat/trading accounts that you want, but you can’t have them with the same broker/DP. So if you have one trading account with Zerodha or 1 demat with ILFS, you cannot open another one with Zerodha/ILFS, but you can go out and open with others. The disadvantage which such a thing is that you will have to keep track of two accounts, login to two separate trading platforms, separate P&L statements while filing your taxes and all. You can link the same bank account to mu…

Clarification would be helpful !
~Neha