What is Online share Trading ?  

Posted by Venki

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Trading with the help of computer having internet connection and online trading account is called Online Share Trading. Basically people use online share trading who want to trade themselves.

Essential of Online Trading -
¨ Online trading account - You have to open an online trading account with any of the bank or financial trading system like ICICIdirect.com, 5paisa.com, Sharekhan.com etc. Their will be nominal annual charges. These charges vary from bank to bank but should not be more than Rs.1000 annually.

¨ A computer with internet connection or can do trading in internet cafe.

¨ After successfully opening the online account you will receive the username and password with the help of which you login in online trading system and trade yourself.

¨ The trading system executive (with whom you opened trading account) will help you initially about how to use the
online trading system.

¨ Once you get familiar with the system then you can trade yourself at your home or in the internet cafe.

¨ Nowadays you can get internet enabled on your cell (which is called GPRS) whose speed will be sufficient to do trading and also the charges of GPRS are very nominal.

 
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