Trading Fuel
  • Stock Market
    How to Control Fear and Greed in Trading How to Control Fear and Greed in Trading?
    December 16, 2022
    Trading too complex a strategy with many indicators Trading too complex a strategy with many indicators?
    December 3, 2022
    Why not Invest in Penny Stocks Why not Invest in Penny Stocks?
    November 28, 2022
    Importance of Risk Management System in Trading Importance of Risk Management System in Trading
    November 26, 2022
    Benefits of Backtesting Benefits of Backtesting
    November 25, 2022
    Position Sizing Position Sizing – Key to Survive in Trading
    November 23, 2022
    How do Stop Over Trading How do Stop Over Trading?
    November 19, 2022
    How to become a disciplined trader How to become a disciplined trader?
    November 19, 2022
    Nifty 50 Stock List for 2023 Nifty 50 Stock List for 2023 And Their Weightage
    November 17, 2022
    How Can I Improve My Trading Skill How Can I Improve My Trading Skill?
    November 16, 2022
    Previous Next
  • Intraday
    Candlestick Patterns Candlestick Patterns: Part 2
    November 30, 2022
    Learn Trading in India Learn Trading in India
    October 15, 2022
    Best-Intraday-Trading-Formula Best Intraday Trading Formula
    September 28, 2022
    Most Effective Top 5 Bullish Indicators Most Effective Top 5 Bullish Indicators
    September 1, 2022
    Top 5 Best Technical Analysis Software Top 5 Best Technical Analysis Software
    August 27, 2022
    What Is Intraday Trading Beginners to Expert Guide) (1) What Is Intraday Trading? Beginners to Expert Guide)
    August 26, 2022
    Is Intraday Trading Profitable Is Intraday Trading Profitable?
    August 2, 2022
    Best Intraday Trading Tips for Beginners Best Intraday Trading Tips for Beginners
    July 18, 2022
    Inside Bar Candle Setup Inside Bar Candle Setup
    July 11, 2022
    Intraday Trading Strategies Top 3 Intraday Trading Strategies
    January 6, 2021
    Previous Next
  • Technical Analysis
  • Demat
  • Mutual Fund
  • IPO
  • Amibroker
In Beginner's Guide

How to Open an Online Trading Account in India?

July 4, 2017 3 Mins Read
Home > How to Open an Online Trading Account in India?
Trading Account
Share
Share on Facebook Share on Twitter Pinterest Email

How to Open an Online Trading Account in India? : The stock markets got digitization way back in 2000. Since then, trading in Indian share market is executed online.

You may contact any good stockbroker for opening an online trading account in India. Using your online account, you can place buy order or sell order on phone or online. Learn how to open an online trading account.

Table of Contents

  • Guide to Online Trading Account Opening
    • How to Link Demat Account
    • Important Points to Consider Before Opening Trading Account
    • Important Things to Consider Before Opening Demat Account

Guide to Online Trading Account Opening

To start investing in stock markets, you need three accounts. Trading account, Demat account, and bank account are a must. The online trading account is for buying and selling of the shares. Demat account is for debit and credit of shares and securities. Funds are transferred to the bank account of the investors.

  1. Select the stockbroker or a brokerage firm. Make sure that you are selecting brokers with good records.
  2. Refer their brokerage rates and compare the processing fees and overall brokerage.
  3. Clarify if they are offering discounts on the volume trading. Consider all the factors before deciding on your broker.
  4. Meet the broker and get familiar with the account opening procedure.
  5. Fill up and submit the account opening form and KYC form.
  6. Submit your proof of identity and valid proof of residence/office address.
  7. Wait for the verification process to get complete.

You will receive your trading account details after the verification.

How to Link Demat Account

After opening your trading account, you need to link it to your Demat account. The Demat account will retain the shares and securities purchased by you. Linking your Demat account with your trading account is very important. It will save you from the repetitions of the verification process.

You Also Read: How to Open Demat Account

Important Points to Consider Before Opening Trading Account

Remember to consider the following things before you open your trading and Demat accounts.

  1. Make sure that the broker is SEBI registered. Use the SEBI’s official website to check the registration status of the broker.
  2. A new bank account for the trading purpose is good to track your gains. Involving a trading account with your salary or business account can be confusing.
  3. Ensure that your broker will provide access to the platform from your laptop and other smart devices.
  4. Also, check if the broker gives you good technical and feedback support.
  5. Get your unique trading Id from your broker to access your account from anywhere.

Do rely on your broker but keep a good track of your account for better control.

Also, Read ” Benefits of Online Share Trading Account ” 

Important Things to Consider Before Opening Demat Account

Investors need to open a Demat account as well. Here are some useful tips for opening a Demat account.

  1. Check with multiple brokers or banks and know the features of their Demat account operation.
  2. Get information on procedures like placing an order and checking the balance.
  3. Try to bargain out the best brokerage rates with good quality services.
  4. Get details of their processing fees and all the service charges.

There are many service providers for a trading account and Demat account. Selecting a reliable and efficient broker can bring a bit different from your investments. We hope that’s you like our article ” How to open an online trading account? ”

Author Prashant Raut

Prashant Raut is a successful professional stock market trader. He is an expert in understanding and analyzing technical charts. With his 8 years of experience and expertise, he delivers webinars on stock market concepts. He also bags the ‘Golden Book of World Record’ for having the highest number of people attending his webinar on share trading.

Important Facts You Should Know About Dividend
Prev Post

Important Facts You Should Know About Dividend

July 4, 2017 3 Mins Read
Best intraday trading indicators
Next Post

Best Intraday Trading Indicators

July 5, 2017 5 Mins Read

Related Posts

Benefits of Backtesting

Benefits of Backtesting

November 25, 2022
Groww Review

Groww Review

October 25, 2022
what is amc in demat account

Annual Maintenance Charges (AMC)

October 18, 2022
  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • About Us
  • Terms of Use
  • Disclaimer & Privacy Policy
  • Contact Us
  • sitemap

© 2018-20 Trading Fuel

Shop no. 217 2nd floor Raghuvir symphony shoppers, Bhimrad-Althan Rd, Surat, Gujarat 395007

Top

    Type above and press Enter to search. Press Esc to cancel.

    Free Intraday Tips