Online Trading Services


Chrisnoblet3

Uploaded on Nov 18, 2021

PPT on Online Trading Services.

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Online Trading Services

ONLINE TRADING SERVICES What is Online Trading? • Stock market investing was once associated with historic buildings. This is because the buying and selling of shares took place in those buildings. • Today, buying and selling of shares happens with a tap on your mobile phone or click of a mouse on your laptop or desktop. Source: www.kotaksecurities.com Benefits of Online Trading • Online trading is quite simple. It works fast and effectively. This enables many stock market enthusiasts to trade on their own without any hassle. • It takes little time to execute orders. You can place orders with shortcut keys saving your time. With the online platform, there is no need to visit the brokerage house or stock exchange, which saves your time as well and effort. Source: top10stockbroker.com Benefits of Online Trading cont. • The expenses of trading have gone down as well with trading online process. The maintenance costs and other charges are reduced by the brokerage houses on trading. • Online Trading Academy helps in learning about the stock market. Big brokerage houses have online trading academy which enables you to read from their resources on trading and the stock market. Source: top10stockbroker.com Things to remember • There are certain things you need to keep in mind before you start trading online.  Check whether your stockbroker has Online Trading License or not.  Do not ever trade from a shared computer or laptop or on a shared internet connection.  Always make sure that your device is protected from virus attacks via anti- virus strong software.  Do not ever forget to log out of your account once the trading session is over as it can lead to misuse of your account information. Source: top10stockbroker.com Different Markets involved in Online Trading • Broadly, there are only two markets for trading – primary and secondary markets. While the primary market deals with the IPOs only, there is no regular trading there. • Secondary market deals with regular trading of shares, Online Trading Forex, Online Trading Gold and other commodities and investment vehicles. Source: top10stockbroker.com How to choose the right trading services for online trading? Options for investment • You need to check the range of investment options available on the trading platform. Whether the trading platform has commodities, forex, and currencies for trading or not besides the basic equities. Source: top10stockbroker.com Support for different devices • Make sure your brokerage house provides a trading platform for different devices. Online trading doesn’t get restricted to desktop- based trading, so, you must have access to the trading account on mobile and other devices. Source: top10stockbroker.com Analysis and trading tools • Check whether different trading and analysis tools are available on the platform or not. • You must check whether the platform has technical analysis tools like charts, heat maps, trading indicators in abundance or not. These are required for informed and profitable trading. Source: top10stockbroker.com User Interface • One of the crucial factors that you need to keep in mind while choosing the trading platform is its user interface. It needs to be user-friendly so that it eases your trading process. • The platform must have easy access to various reports, and tools. There must be short-cut keys to place orders easily. Source: top10stockbroker.com