Knowledge about trading

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hiren (Querist)
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03 December 2011 HOW TO DO TRADING
WHAT IS THE SOURCE OF INFORMATION FOR DOING
TRANSACTIONS

WHAT QUESTION TO BE ASKED WHILE OPENING TRADING + DEMAT A/C

WHICH IS THE BEST BROKER?
HOW CAN I FIND ABOVE ALL DETAILS IS THERE ANY BOOK
I WANT TO START TRADING
PLEASE TELL ME THE BASICS

B Ravi Kumar ACMA, MBA, M Com

B Ravi Kumar ACMA, MBA, M Com (Expert)
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03 December 2011 You need to have three accounts for share trading basically.
1. DEMAT Account (to hold stocks in demat form)
2. Trading Account (For doing transactions)
3. Bank account (for transfer of funds)

Several brokers are offering these services. Ex:
1. ICICI Direct (www.icicidirect.com) - offering 3 in 1 account.
2. Indiabulls securities (www.indiabullssecurities.com) - DEMAT & Trading - You need to have Bank account in any of the listed banks.
3. Kotak securites (www.kotak-securities.org) - offering 3 in 1 account
& so on.........

You can choose for opening account based on their brokerage plans, speed, and other services.

Now you not only buy shares, you can invest in Mutual Funds, ETFs, Currency, Commodities etc...

B Ravi Kumar ACMA, MBA, M Com

B Ravi Kumar ACMA, MBA, M Com (Expert)
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03 December 2011 Due to server issue, message got duplicated.

You need to have PAN, and address proof for opening the account.