Yes, you can open a Demat account without a trading account on Angel One. A Demat account is only for storing your shares in digital form. If you just want to hold shares from IPOs or transfers, you can open a Demat account alone. But if you want to buy or sell shares in the stock market, then you must also open a trading account.

What Does Opening a Demat Account Without Trading Mean?

If you open only a Demat account, you can store and hold shares, bonds, ETFs, or mutual fund units in electronic form. But you cannot do any stock market buying or selling. This is good if you have shares from an IPO or from family transfers and just want to keep them safe. Later, when you are ready to trade, you can link your Demat with a trading account easily.

Why Open a Demat-Only Account on Angel One?

A Demat-only account is useful when you are not ready to trade but want to keep your shares secure. You can use it for:

• Getting shares from IPO allotments
• Receiving shares gifted by family or friends
• Holding shares you already own from older investments
• Converting physical share certificates into digital form

It is simple, safe, and paperless. You don't need to pay trading charges unless you open a trading account later. Many people start with a Demat-only account and begin trading when they are ready.

Can I Sell Shares Without Trading Account?

No, you cannot sell shares if you only have a Demat account. You will need a trading account to place a sell order in the stock market. Demat is for holding, and trading is for buying and selling. Both accounts work together when you want to invest actively.

How to Convert Physical Shares Without Trading Account?

You can easily convert old paper share certificates into electronic shares by submitting a Dematerialisation Request Form (DRF) to Angel One. You only need a Demat account for this. Later, if you want to sell those shares, you can open a trading account anytime.

Do You Need Demat for Futures & Options?

No, you do not need a Demat account for trading in Futures & Options (F&O). These are cash-settled trades. But if you also want to buy regular stocks or hold them, then a Demat account becomes necessary.

How Much Does a Demat-Only Account Cost?

Angel One provides a Basic Services Demat Account (BSDA) with zero or very low annual maintenance charges if your holding is less than ₹50,000. This makes it affordable for beginners or people who want to just hold shares without trading often.