What to Look for When Choosing the Right Trading Platform

What to Look for When Choosing the Right Trading Platform

What to Look for When Choosing the Right Trading Platform In this age of the Internet and smartphones, buying and trading stocks has become easier and more convenient than before. There are all kinds of websites and apps where you can create your own trading account and start investing in stocks that you think can offer high returns. The question is, how do you pick the right platform?   The following are some of the things that you need to look for in an online trading platform: Investment Options A good stock trading India platform will allow you to invest in a variety of products. For instance, you may get the option to invest in not just stocks and bonds but also real estate investment trusts, mutual funds, etc. Remember, the more options there are, the better. User Interface Most stock broker companies give their customers a wide range of tools and services so that they can invest their money wisely. These include detailed graphs and charts of popular stocks that record their performance, easy comparison of multiple stocks, etc. However, these tools aren’t for everyone, and if you are a beginner, then you may want to look for a basic Demat and trading account that doesn’t overwhelm you with tons of information. Mobile Support Once you have learned how to open trading account online, you want to create and maintain a portfolio on the go. For that, easy access to your account is a must, which is where your smartphone comes in. Since you carry your phone with you everywhere, it makes sense to check the performance of...
7 things you need to know about a DEMAT Account

7 things you need to know about a DEMAT Account

What is a DEMAT Account? DEMAT is short for ‘Dematerialization’. This term is used in the context of shares. It is often also referred to as a ‘Share Market DEMAT Account’.Shares earlier used to be bought and stored in the form of physical share certificates, which involved lengthy paperwork, and storage methods that were prone to the risk of loss or theft or damage. Thus, the intangible cost of holding ‘material’or ‘physical’ shares was quite high, which needed to change. DEMAT Accounts did just that. With a DEMAT Account, you could hold shares in an electronic form, save on tedious paperwork, and protect yourself from the risk of losing your precious shares. This also allowed the shareholder to trade in shares safely, easily and electronically. A DEMAT Account is similar to a bank account in which you hold deposits while the bank records the credit and debit of that account for you. A DEMAT Account can hold all your important investments like equity shares, mutual funds, exchange traded funds, bonds, and government securities. A DEMAT Account can be opened even without possessing any shares. You can open a DEMAT Account with a zero balance. Why do you need to create a DEMAT Account? You need to keep your precious investment-related documents like certificates, safe. A DEMATAccount helps you do just that by storing your physical documents like share certificates etc. in a digitised format. DEMATAccounts are managed by various depositories in India like SAS Online. DEMATAccounts are easy to use and allow investors to access stocks, Mutual Funds, bonds, ETFs, IPOs and much more. Your DEMATAccount will allow you...