Top 5 ranking stock market platform in india
Top 7 ranking stock market platform in india
Best Trading Apps in India
Introduction to Online Stock Trading
Stock Broker
Investor requires a Stock Broker to buy and sell shares in stock exchanges (BSE, NSE etc.). Stock Broker are registered member of stock exchange.
Only stock brokers can directly buy and sell shares in Stock Market. An investor must contact a stock broker to trade stocks on behalf of him. Broker charge commissions (brokerages) for their service. Brokerage is usually a percent of total amount of trade and varies from broker to broker. In recent days the idea of flat fee share broker is picking up. In flat fee stock trading, a fixed amount is charged (i.e. Rs 20 per trade) irrespective to the size of the order.
Online Stock Trading Traditionally stock trading is done through stock brokers, personally or through telephones. As number of people trading in stock market increase enormously in last few years, some issues like location constrains, busy phone lines, miss communication etc start growing in stock broker offices. Information technology (Stock Market Software) helps stock brokers in solving these problems with Online Stock Trading. Online Stock Market Trading is an internet based stock trading facility. Investor can trade shares through a website without any manual intervention from Stock Broker. In this case these Online Stock Trading companies are stock broker for the investor. They are registered with one or more Stock Exchanges. Mostly Online Trading Websites in India trades in BSE and NSE. There are two different type of trading platforms available for online equity trading.
- Stock Exchange Stocks (Shares, equity) are traded in stock exchange. India has two big stock exchanges (Bombay Stock Exchange - BSE and National Stock Exchange - NSE) and few small exchanges like Jaipur Stock Exchange etc. Investor can trade stocks in any of the stock exchange in India.
Top Share Brokers in India
Documents require to open a Trading Account
- Proof
of residence (Address proof)
- Driving
license
- Voter's
ID
- Passport
- Photo
credit card
- Photo
ration card
- Utility
Bill (Telephone, Electricity etc)
- Bank
Statement
- Proof
of identity
- Driving
license
- Voter's
ID
- Passport
- Photo
ration card
- PAN
Card
- Two
photographs
- Proof
of residence (Address proof)
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