Can I still trade if I dont have a demat account?

 Yes, it is possible to trade securities without a DEMAT account, but it may be more difficult and less convenient.

In India, if you want to buy or sell shares of a listed company, you typically need a DEMAT account to hold and trade the securities electronically. Without a DEMAT account, you would need to hold the securities in physical form, which involves printing, stamping, and handling physical certificates. This can be inconvenient and may also expose you to the risk of fraud, loss, or damage of the certificates.

However, if you want to trade in certain securities that are not listed on a stock exchange, such as unlisted shares, debentures, or bonds, you may not need a DEMAT account. These securities may be traded through other means, such as through private placement or over-the-counter (OTC) transactions.

It is worth noting that most brokers and financial institutions in India require you to have a DEMAT account to open a trading account and trade listed securities. So, if you want to trade listed securities, it may be more convenient to open a DEMAT account.