A Demat Account or Dematerialised Account provides the facility of holding shares and securities in an electronic format. During online trading, shares are bought and held in a Demat Account, thus, facilitating easy trade for the users
A brokerage house (firm) is simply a place where investors and traders go for buying and selling stocks. The broker house acts as a middleman between buyers and sellers, and provides a trading platform for everyone. It charges commission on these transactions. Every time an investor buys a stock, a transaction fee is charged.