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Share Trading

Thursday, July 1, 2010

Hi Friends, If you are interested in Share Trading and Want to know how to start with the business, just go through this article. You will get an idea about the process involved in opening your demat account.

One person must have a DP (depository participant) and a Trading account collectively called as demat account to start with his trading. For both accounts, you require to have an Pan Number, Address Proof, Photo ID Proof, Pass Port Size Photos and Empty Cheque leafs (If required as a bank proof). Once If you have this papers ready, you will be asked to sign in the application form of the registered broker. It comes around 40 Signatures in a form. You will be provided with a Trading Account connected with your DP Account respectively. You can bring in funds to your demat account through cheque or online funds transfer, then you can start with trading.

You can trade with online as well as offline facilities. Either you can place your orders of your own and manage funds with your online account or you can trade by placing orders over phone or sit near your broker's terminal and place orders through offline facility. Make sure to look into your contract note about the brokerage charged and it is reasonable.

Update yourself with News, Technicals, Tips and Market support from your broker and others to make yourself comfortable without loosing any money.

Post Your Comments and ask for any questions if any. Reply will be sent to you as soon as possible.

1 comments:

Anonymous said...

SATHISHKL

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