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Listen "What is the maximum limit that I can withdraw from trading account?"
Episode Synopsis
A Trading account is an account through which a trader carries out his transactions and performs trading using the capital he transferred in that account. So basically, a trading account simply facilitates the trading and acts as a bridge between the trader and the market.
There is no limit to withdraw cash from trading account. It all depends on your requirement. One can withdraw any amount from trading account.
The trading account needs to be linked with a Demat account which in turn acts as a repository for the collected or purchased shares.
A person who wishes to trade in the stock market needs to get his trading account created with one of the brokerage firms. These firms help complete the procedure for making or rather, opening a demat and a trading account with them.
There is no limit to withdraw cash from trading account. It all depends on your requirement. One can withdraw any amount from trading account.
The trading account needs to be linked with a Demat account which in turn acts as a repository for the collected or purchased shares.
A person who wishes to trade in the stock market needs to get his trading account created with one of the brokerage firms. These firms help complete the procedure for making or rather, opening a demat and a trading account with them.
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