Is there any possibility to open multiple accounts with same broker?
Nilesh JaiswalContributor
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Is there any possibility to open multiple accounts with same broker?
You cannot open multiple demat accounts with same stock broker (or) Depository Participant. Rather you can open in the name of your family member or your friend.
But it is possible to open multiple accounts but not all at one broker. So in simple words, one PAN card, one account with one broker.