Types of Trading Accounts in India

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In this post, we’ll explain all the essential details of the main types of trading accounts offered in India and how they can help enhance your investment strategies and potential profits. Keep reading to find out which one is best suited for meeting your goals!

Trading Account Types

Let’s get on with the different trading types in the stock market where you can potentially invest in India.

Equity Trading Account

Equity trading accounts are a great way for traders to access stocks, futures, options, currency derivatives, and more – giving them the ability to take advantage of plenty of investment opportunities.

But if you’re looking to go beyond investments and want full access to initial public offerings or the delivery of stocks – then you will also need a Demat account. However, an existing or new trading account is sufficient for investing in futures and trading options – since no delivery is involved.

Additional Read: Scalping Trading

Commodity Trading Account

Before you hop into the commodity market, there is a crucial step: opening a commodity trading account ! Unlike with an equity trading account, when it comes to commodities, your account needs to be opened with a registered commodity broker and recognized exchange in India which includes,

  • Multi Commodity Exchange (MCX)
  • National Commodity and Derivatives Exchange (NCDEX)

In fact, commodity trading was recently taken under the purview of the Securities and Exchange Board of India (SEBI), so you’re in good hands! While trading in commodities may be slightly more complex than its equity counterpart, it can definitely boost your portfolio if you understand how to invest wisely.

So don’t fret about the paperwork – get a commodity trading account today and wave goodbye to lackluster returns!

Offline and Online Trading Accounts

If you’re still stuck in the dark ages, trading offline might be the way to go. With an offline trading account, you can place orders without a computer or smartphone in sight – just pick up the phone, call a broker, and be done with!

But if convenience is your thing, online trading accounts are the way to go. Thanks to modern technology, you can now do your own trading with a few clicks at any time. All you need is an application and an internet connection to get started!

2-in-One and 3-in-One Trading Accounts

For any investor looking to jump into the stock market, three types of accounts are a must-have– trading account, a bank account, and a Demat account. With these in hand, you can move money from your bank to the trading account and use that to buy shares.

Now, here’s where things could get complicated: those stocks will then be stored in the Demat account! Fortunately, many brokerages provide a 2-in-1 or 3-in-1 package, combining all two or three accounts together, helping you make hassle-free transfers with both money and shares. They usually offer them through partnering banks as well. What’s not to love?

Discount broking Account

A discount broking account is possibly the most efficient way to trade high volumes at low costs – no frills attached! Though they may not offer any discretionary advice or research reports, what they do provide is unbridled access to online trading platforms, giving traders a great opportunity to make informed investments.

Plus, with just the singular call-and-trade facility (which may vary in terms of charges) they help ensure that you get to trade only when and how you want it.

Full-service Broking Account

With a full-service trading account, investors don’t need to worry about missing out on precious insights into current market trends and news developments. They get to benefit from advisory services that provide sound financial advice which removes the hassle of scouring through reading materials, trying to decipher each one’s impact on the stock prices.

In addition, integrated research tools allow investors to smoothly transition between monitoring market performance and carrying out trades; this equips them with the ability to stay up-to-date on what’s happening while skipping out on time-consuming manual data collection.

All in all, a full-service trading account makes investing simple and convenient so there’s no need for potential traders to fear being left behind.


There are different types of trading accounts in India that offer various features and benefits. We have covered all the basics of trading account types here so that you don’t have to worry about the trading account is which type of account anymore.

You can choose the best one that suits your requirements and investment objectives. However, it is always advisable to consult with a professional financial advisor before making any decisions.

The experts at Bajaj Broking Limited can help you choose the right trading account for you and assist you with opening an account seamlessly. So, what are you waiting for? Talk to us today and let’s get started on building your future!


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Frequently Asked Questions

Who is the most successful trader in India?

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The most successful trader in India is often considered to be the Late Rakesh Jhunjhunwala, also known as the "Warren Buffett of India," due to his consistently profitable trading strategies and significant contributions to the stock market.

Who is India’s Top Trader?

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Determining the top trader in India can be subjective, but some of the well-known successful traders include Rakesh Jhunjhunwala and Radhakishan Damani, known for their strategic investments and significant market influence.

Is Bajaj Broking Trading App Available for Android & iOS?

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Yes, the Bajaj Broking Trading App is available for both Android and iOS devices. You can download it from the Google Play Store or Apple App Store.

Why Should I Use Bajaj Broking Trading App?

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The Bajaj Broking Trading App stands out for its user-friendly interface, robust security, real-time data, and comprehensive trading tools. You have access to products like IPO, MTF, Bonds, US Stocks, ETFs, and much more. Bajaj Broking also offers low brokerage plans that can help users save up to 75% on traditional brokerage fees.

How Useful is Bajaj Broking Trading App?

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The Bajaj Broking Trading App is highly useful for traders of all levels, offering features like real-time data, advanced charting tools, and quick order execution. Its simple design makes trading convenient and efficient. It has subscription plans catered to users diverse trading and investing needs.

Does Bajaj Broking Trading App Provide Real Time Data?

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Yes, the Bajaj Broking Trading App provides real-time market data, enabling you to make informed trading decisions based on the latest information.

Is Bajaj Broking Trading App Safe?

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Absolutely. The Bajaj Broking Trading App is equipped with state-of-the-art security features, including encryption and two-factor authentication, ensuring the safety of your data and transactions.

Is Bajaj Broking Trading App Free?

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Yes, the Bajaj Broking Trading App is free to download and use. There are no hidden charges for using the app, though standard brokerage fees apply for transactions. Check out the pricing details on Bajaj Broking. You can open a demat and trading account for free on Bajaj Broking. 

How Do I Start Trading?

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To start trading, download the Bajaj Broking Trading App from the Google Play Store or Apple App Store, create an account, complete the KYC process, and fund your account. Get access to daily stock recommendation and make informed choices. 

Is Trading Safe?

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Trading can be safe when you use reliable platforms that employ advanced security measures to protect your data and transactions. However, it's important to be aware of market risks and to trade wisely, ensuring you have a good understanding of the market and strategies to mitigate potential losses. 

Which is the Best App for Trading?

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The best app for trading depends on individual needs, but Bajaj Broking's Trading App is an app that serves all possible stock market needs of investors. It has a simple user-friendly interface, comprehensive trading and investing features, and dedicated customer support. It offers daily stock recommendations, latest market updates, advanced trading tools, and multiple educational resources. 

What are the trading charges in the Bajaj Broking trading app?

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There are no account opening charges and AMC (annual maintenance charges) on the Bajaj Broking trading app. Only a subscription fee is chargeable as per your chosen plan. With the Freedom Pack, you don’t have to pay any subscription fees for the first year and Rs. 431 from the 2nd year onwards. Brokerage charges apply for intraday and F&O trading.

What are the equity trading segments of Bajaj Broking?

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Some of the equity trading segments offered by the Bajaj Broking share market app are Equity cash (delivery/intraday) and equity derivatives (Futures and Options). 

Can anyone invest in IPOs through the Bajaj Broking trading app?

Answer Field

Yes, you can invest in any IPOs by using the Bajaj Broking share trading app. 

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