Tuesday, July 12, 2011

I wanted to start online trading (buying-selling Indian shares). Please guide. Thanks.? -

Dear Sir, Pl. don t waste your time and money in online trading. You will loose every thing. Any how, I let you know the system and procedure for online trading. You need to open - 1. Savings Bank Account in a bank like SBI, Icici Bank . 2-. You need to open a D-Mat account in same Bank and branch. and 3.-You apply for online trading account in same bank . For this purpose you need under noted papers and documents- 1. Proof of identity i.e. PAN CARD, Voter I Card, Driving licence etc. (any one ) (2)-proof of residence i.e. electric bill, water bill ration card mobile post paid bill etc. (any one) (3) pass port size photo. 4. - E-mail id.5. One blank cheque (cancelled) Instead of opening an account at private broker you should open the account in a bank.since you are a beginner pl. first you take an experience with one of your friend . Again I advise you DON T WASTE YOUR TIME IN SUCH MATTERS. Pl. don t forget to choose best answer .

You sound like you are not familiar with trading in general, if you do not know any brokers.Better to get yourself some education before you start.

Choose a security dealer like hdfc/icici/kotk or any such one and open demat a/c and follow guidlines given on the site. best of luck

>>>

 

Home Posts RSS Comments RSS