I already have a demat account with another depository? Do I have to open another demat account with Motilal Oswal?

Motilal Oswal Account Opening

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In order to use Motilal Oswal's Online Trading Platform, you will be required to have a demat account with them. If you opt for offline trading mode, you can continue using your existing demat account.

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I already have a demat account with another depository? Do I have to open another demat account with Motilal Oswal?
How long does it take to open an account with MOSL?
What are the different modes available for trading in MOSL?

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