Factors to Consider Before Opening an Online Trading Account (1)

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FACTORS TO CONSIDER BEFORE ONLINE TRADING
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WHAT IS AN ONLINE TRADING ACCOUNT?

• When you, as an investor, want to trade in the
  share market, you need to make a compulsory
  account to do so. This compulsory account is
  known as an Online Trading Account.

Open your online trading account in just 15
minutes
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FACTORS BEFORE OPENING THE ACCOUNT
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CHOOSE THE RIGHT PLATFORM

• Trading involves risk. So, it is a must to take
  all the necessary measures to minimize the risk
  you take.
• Many platforms promise easy ways to make
  incredible profits. But if you feel that they are
  offering something that is too good to be true,
  it usually is. So, avoid such traps.
• Make sure that the platform you choose is
  regulated by certified authorities, who have the
  means to keep your personal information protected
  and are connected to well-known financial
  institutions.

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WATCH HIDDEN COSTS

• When compared to a broker, the trading costs are
  low when it comes to an online trading account.
  But look out for the costs mentioned in the fine
  print, or else, you might end up incurring an
  overall loss even after earning a good profit
  from your investments.

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LOOK FOR A WIDE VARIETY OF GOOD ONLINE TRADING
COMPANIES

• You should have a comprehensive list of all the
  good online trading companies to choose from to
  buy, sell and trade to maximize your returns.
• It is always better to learn about as many such
  companies as you can so that you have a clear
  idea of every company and choose the best one for
  your investment.

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EASE OF USE

• Many of the investors are just starting out with
  their journey of investing and some only have a
  small amount to invest. So it is important to
  choose an online broker that is easy-to-use for
  everyone.
• Look whether an online broker is offering free
  assistance in the form of tutorials, FAQs,
  articles, informative videos and so on.

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FUNDAMENTAL OR TECHNICAL ANALYSIS

• If you trade online, you have to use some form of
  analysis, otherwise you may lose all your money
  quickly by just going with gut-feelings.
  Generally here are two types of analysis
  Technical and Fundamental.
• Technical analysis focuses on reading charts and
  trying to find recurring patterns. It is based on
  the belief that the past is an indication of the
  future.
• Fundamental analysis is based on the behavior of
  an asset in relation to the different market
  forces that affect it. It involves reading of
  earning reports, watching news, looking for
  recent happenings in the company (for e.g. a
  scandal) and so on.

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STEPS TO OPEN AN ONLINE TRADING AND DEMAT ACCOUNT

1. Enter your valid E-mail ID
2. Provide your PAN number and DOB for KRA
   verification
3. Enter your name, address and mobile number. If
   you are already KRA verified, our systems will
   automatically fetch your data
4. Enter your bank details
5. Provide additional information (education,
   occupation, etc.)
6. Confirm your brokerage plan.
7. Upload your documents via WhatsApp or E-mail.

Get in touch with a stock broker to learn more
about trading.
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THANK YOU