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The number of investors with an optimistic view about the economic recovery is increasing in the stock market. There is a significant rise in the number of new Demat accounts and retail participation in the stock market because markets are rallying at an inspiring pace. New highs are also attracting more investors searching for alternatives of debt investments, excluding investors with a low-risk appetite. Industry experts expect the number of retail investors to continue to increase as they choose stock investments for their inflation-beating nature in the long run
Long-term investors, as well as active traders, look for low-cost Demat accounts to minimize their investing and trading costs. Therefore, they prefer discount stockbrokers over full-service stockbrokers. You can open a free Demat account within a few minutes with reputed discount brokers offering different types of brokerage plans.
There are other Demat account charges also than Demat account opening fee. However, these are minimal charges. You should know about additional fees that stockbrokers are directed to charge from investors. Here you can learn about other Demat account charges than account opening costs. You can find different brokerage plans designed to meet every type of market participant's investing and trading needs with leading discount brokers.
Also read:- Know About Margin Trading: Risks and Advantages
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