Demat Account Management
Someone reached out to me over the call to trade(FnO) in my demat account on my behalf. I'll have to share the credentials after depositing funds in it. They'll charge 25% of profits. Obviously didn't share anything but curious as to how this can be a scam?
They can't withdraw funds as it goes to my account only.
They will have access to my previous trades/positions.
They will have access to my KYC and account opening form.
Does anyone have an idea around this? Or has anyone tried? Curious.