Intraday Trading Account

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Different Types of Trading Accounts and Their
Benefits
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What is a Trading Account? A trading account is
used to sell and buy equity shares in a share
market. To do your trading actions you need a
trading account. In the online stock market
method, the buyers and sellers dont have to
physically present at the stock exchange to place
orders. So they open a trading account with a
registered stock market broker to trade the same
on an electronic system. With this account, you
are allotted a unique trading ID that permits you
to do trading transactions. How Does a Trading
Account Work? When an investor wants to buy
shares, he/she places an order through his/her
intraday trading account. Upon execution, money
from his/her bank account is transferred to the
trading account so that an investor can buy a
share. The shares they receive are credited to
the Demat account.
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Different Types of Trading Accounts 1. Equity
Account The equity trading account is enough
when you want to trade in the equities or futures
and options. Since the trading of shares does not
require you to hold or store shares, so there is
no need for a Demat account. 2. Commodity
Account As the name itself says, the commodity
trading account is for trading in commodities. It
is opened with a commodity broker registered with
a recognized commodity exchange in India.
According to the SEBI regulation, you will be
required to open a separate commodity trading
account for dealing in commodity markets.
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3. Discount Broking Account Discount brokers
trade immense volumes at very low costs. They
provide the execution of trades. They do not
offer any perks like research or advisory
services to their clients. Also, they do not
provide an offline facility for performing
transactions other than a call and trade option.
For these reasons, this facility is normally
chargeable. 4. Full-Service Trading
Account This trading account offers various
services other than plain execution of trades.
These services may include research services that
may help an investor save a lot of time studying
the whole stock market for making trading
decisions.
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• Benefits of Trading Account
• Accessible With the help of a trading account,
  an investor can buy and sell shares at any time
  and any place. With the addition of trading
  mobile applications, trading accounts can be
  accessed through mobile, laptop, tablets and
  other digital smart devices. It helps to trade at
  faster speed also.
• Seamless Transactions The advanced technology
  ensures clients receive seamless transactional
  services. The whole process of transfer of funds
  and equities is performed very seamlessly. This
  offers clients the ability to invest and save
  with convenience and ease, using a secure trading
  platform.
• Notifications and Alerts Personalized customer
  support provided to clients from executives in
  case they are having any sorts of issues. It can
  be a technical issue or some other difficulty to
  handle the trading account. Additionally, alerts
  and notifications can be sent through SMS or
  emails to get information about the buy and sell
  targets.
• Multiple Media Placing orders through the online
  account is advantageous in streamlining the
  entire process. The different ways of accessing
  the account allow investors to trade during
  market hours as well as after-market hours.

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How to Open a Trading Account?
Opening a trading account is a simple process
that can be done in just a few minutes. You just
need to fill some requirements and attach the
relevant documents with it to open an
account. Opening an online trading account with
Bullish India allows you to make huge profits in
the Indian stock market. Be rest assured that you
will get a dedicated customer service
representative at your end for advice or
help. For more information visit
www.bullishindia.com