What is a demat and trading account?

A demat account is like a savings account for your stocks. Any shares and securities you buy using your trading account will be stored digitally in your demat account. When you open a demat account, you will have a unique 16-digit account number that you can use to start trading. 

A trading account, is an account that allows you to buy and sell shares and securities and also helps you manage funds for trading.