---
title: "Can I open more than one demat account with Arrow?"
description: "Yes, iRage offers multiple demat account options:"
category: account-opening
subcategory: resident-individual
slug: can-i-open-more-than-one-demat-account-with-irage
canonical: https://support.arrow.trade/account-opening/resident-individual/can-i-open-more-than-one-demat-account-with-irage/
---

# Can I open more than one demat account with Arrow?

> Yes, iRage offers multiple demat account options:

## Short answer

Yes, iRage offers multiple demat account options:

Primary individual demat account: This is your main demat account linked to your trading account. You can open a Arrow account online for free if your mobile number is linked with Aadhaar.

Secondary demat account: You can open a secondary demat account alongside your existing primary account. This secondary demat account helps you separate long-term investments from short-term trades, improve tax planning through better FIFO (First In, First Out) management, and organise your portfolio more effectively.

Joint demat account: You can open a joint demat account in addition to your individual demat account. The primary purpose of opening a joint demat account is to dematerialise jointly held physical shares, as these cannot be dematerialised into an individual account.

You cannot open a secondary demat account if you already have an individual demat account and a joint demat account with Arrow.

## Broker details

iRage Broking Services LLP (SEBI registration INZ000011262), product name **Arrow**. Registered office: Gift City, Gandhinagar.

## Related

- Browse more in [resident individual](/account-opening/resident-individual/)
- Open account: [kyc.arrow.trade](https://kyc.arrow.trade)
- Trade on Arrow: [app.arrow.trade](https://app.arrow.trade)
- Support: [support@arrow.trade](mailto:support@arrow.trade)

---

Source: https://support.arrow.trade/account-opening/resident-individual/can-i-open-more-than-one-demat-account-with-irage/
Publisher: Arrow / iRage Broking Services LLP