| The loss and profit involved entirely rests on the | | | | investors themselves. |
| judgment of the investor. Share brokers inform | | | | Stock brokers enjoy flexibility in dealing; in this case, |
| investors about market movements, share prices, | | | | the investors' investment objectives are taken into |
| etc. at the same time suggest the latter to buy | | | | account and then the stock brokers execute the |
| shares. There are marked differences between stock | | | | trading process, themselves taking investment |
| brokers functioning online and those attending over | | | | decisions on the investors' behalf. |
| the phone or in person. Online stock brokers can | | | | A free demat account and free trading account is |
| easily be contacted if you visit online brokerage | | | | same – different terms with the same meaning. |
| platforms like Nirmal Bang. Such platforms in addition | | | | To be an investor in the share market, you should |
| to offering facilities to open free trading account, also | | | | hold a trading account. If you are directly in touch |
| offer services of stock brokers, provide tips on | | | | with the broker in person and not online, paper work |
| share market investing and a lot of related | | | | is required to sign the agreement. Submission of a |
| information. The vast stock market scenario including | | | | few documents like PAN card, a cancelled cheque, |
| performance of BSE, NSE, share prices, stock | | | | identification proof, address proof and photograph |
| quotes, active stocks, share market news, etc. can | | | | completes the process. Your trading account will then |
| be viewed here at this single window destination | | | | be linked to your bank account so that you can |
| tendering services beyond brokerage solutions. | | | | transfer the required funds from the latter to the |
| There are three criteria of services of stock brokers, | | | | former to facilitate trading. In case of opening an |
| as enlisted below. Investors can choose any of the | | | | online demat account, though you may or may not |
| criteria while contacting share brokers. | | | | be asked to submit all documents, PAN card is |
| Stock brokers execute their services as per the | | | | mandatory. You are not allowed to handle the |
| instructions of the investors. It is investors who | | | | responsibility of taking care of your own demat |
| decide whether to buy a share or when to sell it; | | | | account. The depository participant (DP) takes care |
| stock brokers only carry out the instructions. | | | | of your account, trading and transactions. Share |
| Share brokers provide advisory services in addition to | | | | brokers or stock brokers, R&T agents, and |
| handling the trading account. In this case, investors | | | | brokerage firms, registered under the SEBI act as |
| take the advice of share brokers and accordingly buy | | | | DPs facilitating your trading in the stock market. |
| and sell shares; but the final decisions rest on the | | | | |