What should an NRI ask for while opening a Demat account?

An NRI should ask for below important details while opening a Demat account:

• Type of broker (discount or full service)
• Brokerage fee and other charges
• Online trading platform
• Support via WhatsApp and Email
• Integrated services
• Depository

Note that an NRI Demat account is one of the mandatory requirements to invest in the Indian market. A Demat account is opened through depository participants with NSDL and/or CDSL. But, you cannot approach depositories directly to open a Demat account. Thus, while opening a Demat account, it is necessary to know a few important details about the services offered by the stockbroker.