Basics Of A Trading Account That You Must Know


Stock market is an open opportunity to make money. One may need to know the first steps to be taken for trading. It is opening a Demat Account along with a trading account with a SEBI-registered stockbroker. The digital age facilitates traders with online demat and trading accounts. Traders can make online trades conveniently using online trading platforms provided by stockbrokers. 

It was not easy to trade in the stock market before 1996. The Indian stock market was operated following an open outcry system. It was a daunting task to transfer the ownership of the shares. Traders had to be present necessarily at the stock exchange and verbally bid for a security trade. Then, these trades were traded with a transaction period of months. 

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