Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is a brokerage account?

April 26, 2017account brokerage

0

10 Posted

What is a brokerage account?

3 Answers

0

Posted

A brokerage account is an account held at a financial institution that allows you to purchase stocks, bonds, mutual funds, and other investments.

0

Posted

Brokerage account or Match account is the online broking account with ICICIdirect 1. This account facilitates buying and selling of shares online 2. This account also helps in investing in Mutual Funds and IPOs online 3. Since brokerage account is only a facilitator account, it does not require any joint holding or nomination. 4. Brokerage account is opened in the name of the sole holder (Mr. X) only 5. Also there is no nomination for the brokerage account 6. Any or all of the above accounts can be opened with the same application form 7.

0

10 Posted

A Brokerage account or Match account is the online broking account with ICICIdirect. 1. This account facilitates buying and selling of shares online. 2. This account also helps in investing in Mutual Funds and IPOs online. 3. Since the brokerage account is only a facilitator account, it does not require any joint holding or nomination. 4. Brokerage account is opened in the name of the sole holder (Mr. X) only. 5. Also there is no nomination for the brokerage account. 6. Any or all of the above accounts can be opened with the same application form 7. There is one unique user ID for trading through all the above accounts.