Can I use the demat account with other depository to link to my ProStocks trading account?

: Account Opening; 24 June 2016; Hits: 14184

Can I use the demat account with other depository to link to my ProStocks trading account?

Yes, you can link your existing demat account with your ProStocks trading account. Also note that you can link multiple demat accounts with the trading account.

But we highly recommend you to open a demat account with us if you trade in Equity Delivery segment. This makes the transactions between the trading and demat account seamless and hassle free.

When linking to external demat account, when you sell a share through ProStocks, you have to manually transfer the shares to ProStocks.

Note that we offer Zero AMC Demat account to all our customers.

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Comments (9)

Guest - raj
about 6 years ago

can i use easiest facility instead of DIS to transfer shares to your pool account from my demat account?

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Team ProStocks
about 6 years ago

You neither have to use DIS nor easiest , when your sell shares through ProStocks Trading Account . Your Demat Account with ProStocks is with PoA and ProStocks will pick up shares from your account as and when you sell.

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Guest - Raj
about 6 years ago

You are not getting my point, if i am having other DP demat account, would i be able to sell tje shares lying in that demat account thru your trading account using only easiest (trusted account facility of easiest)

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Team ProStocks
about 6 years ago

You will need to transfer shares to your Demat Account with us before you can sell. We do not recongnise shares lying with other DP till they are transferred to your Demat Account with us under PoA

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Guest - Sthakur
about 6 years ago

I have an existing demat account - wherein I have shares deposited.
I want to trade in Equity segment. Can I use the prostock trading account and trade those shares after linking.

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Team ProStocks
Guest - Sthakur

about 6 years ago

Yes , You can. Whenever you want to sell shares first transfer shares in our pool account and we will allow you to sell the shares. Please note that you will not be able to sell the shares before transferring shares to our pool account .

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Guest - Sthakur
about 6 years ago

Can you tell me what is a pool account, how to I get one, and how different is it from a demat account.
Also - what charges are to be paid for the pool account.

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Team ProStocks
about 6 years ago

Pool Account is Demat Account of Stock Broker used for receiving shares from client for giving to exchange ( against sell of shares by client ) and also receiving shares from exchange for giving to client ( against purchase of shares by client ). You do not have to pay any charges to us for giving shares in pool account .

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Guest - Kapil Kumar Tyagi
about 3 years ago

I m having demat account how I will get my trading account. I m BOB Employee

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