6. How is trading possible through Internet?
Answers
Answer:
Online trading is electronic trading with the help of internet and computers. The user can search for stocks available on different exchanges, decide on the broker who offers the best price and an intuitive trading experience. You can choose a trading platform and start placing various types of share trading orders.You can buy shares or invest in IPO or buy mutual funds as well. Online trading can be done by simply opening a demat and trading account with any SEBI registered broker. Account opening can be done in a matter of 15 minutes.
Benefits of online trading:
It eliminates the middleman:
It's cheaper and faster: When a broker executes your trades, it costs you more money.
It offers greater investor control: One of the most important advantages of online trading is that it gives you greater control over your investments.