What is online trading and how does it work?
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Online Trading refers to trading (buying and selling) securities in the Indian stock market via internet-based trading platforms. This includes performing analysis and executing trades online. The biggest advantage of online stock trading is the ease of trading from anywhere with a simple internet connection. Online trading allows you to keep an eye on the market movement, manage your portfolio and investments besides executing trades. You can access real-time data like stock prices, charts, and financial indicators to make informed decisions. Today, almost everyone relies on online trading platforms to trade in the stock market.
How online trading typically works is that as per SEBI guidelines, you must have a Demat account with a broker to trade in the financial markets. Your broker will offer you online share trading platforms which you can use to trade and invest. These online trading platforms can be a mobile trading app, a web-based application or desktop software.
If you are new to the world of trading and are looking for a good online trading platform, I would suggest you consider Definedge Securities. With a demat account, you can get access to their trading products, education platforms and easy brokerage options. As a new trader, it can be the best place for you to begin your journey.
