| The share market has caught the fancy of the | | | | Also the brokerages charged differ, some online |
| common man in India. From a taxi driver to a bank | | | | stock brokers charge a flat rate while other charge a |
| employer everyone is stock trading in India. With the | | | | decreasing rate as your volume of trade increases. |
| huge increase in the volumes and the number of | | | | Once the online stock broker has been identified, one |
| people trading, online stock broking has become the | | | | needs to contact his broker and ask him to open an |
| preferred mode of stock trading in India. To | | | | online account for him. This also demands that the |
| accommodate the growing trade volume of over 8 | | | | trader opens a depository account simultaneously. |
| lakhs online transactions and fast increasing, the online | | | | The trader must be having a bank account too with |
| stock broker has come out with user friendly | | | | a bank that facilitates online transactions (most of |
| software to aid online stock broking. | | | | the banks allow net banking). |
| In order to save valuable time and energy, one can | | | | Opening an account provides the investor with a user |
| make optimum use of the medium of Internet. Online | | | | name and password for checking his account details. |
| stock trading has solved many problems and | | | | And an additional password is provided for carrying |
| purposes of the investors. | | | | out the actual transactions. This means the investor |
| It is considered to be a convenient way of entering | | | | is guarded with a double-layered security. Afterwards, |
| into the stock market while sitting at home. | | | | the investor needs to go to the online stock broker's |
| Thousands of investors trade online on a daily basis | | | | website and, using his details, log on to the account |
| and it has been observed that they are usually | | | | and start trading. |
| satisfied by online stock broking. | | | | Online stock broking has made procedures far less |
| To start online stock broking one needs to follow | | | | tedious, but isn't a viable option for everyone-not |
| few simple steps. Firstly you need to find the perfect | | | | yet, anyway. There are far too many factors that |
| online stock broker for yourself. Though the services | | | | impede internet trading-bad connections, high |
| offered by online stock broker are similar, the | | | | registration fees and deposit amounts, and the need |
| difference lies in the extras. Online stock brokers | | | | to maintain accounts with select Depositary |
| have their own software or trading platform. It is | | | | Participants. So while stock trading in India needs to |
| necessary that these platforms are user friendly and | | | | catch up with technology, it has already caught the |
| suit your requirements. | | | | fancy of the common man. |