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1. Kiran   I Like It. |Report Abuse|  Link|December 14, 2012 8:05:58 PMReply
Hi,
I would like to open an account with Zerodha for trading purpose.
I have another account with reliance securities, can I the same demat account to link this Zerodha trading account?

If not, is there any ice providers.

Thanks for you kind reply.
1.1. Sanjiv   I Like It. |Report Abuse|  Link|December 17, 2012 8:59:18 PM
Hi Kiran,

Yes you can surly Demat account with Reliance but its not recommended.

Zerodha has partnership with IL&FS for demat account and when you open the demat account with IL&FS, all the transactions between your broker account and demat accounts are seamless.

If you Reliance Demat account with Zerodha Broker Account, every time you sell the shares which are there in demat account, you will have to delivery the shares to Zerodha manually or e-instructions if Reliance provides that facility. This additional step will make trading little complicate.

Hope this make sense.