How do you trade in shares online in India from opening demat to actual process of trading?

Question

Please elaborate from opening a demat account to the actual shifts of money when a transaction is made. Which is the best online trading website and why?

Answer 1

a demate account can be opend with any trading member who have been authorised by NSDL or CDSL.

u also need to have a trading account with a broker register with nse , bse.

and trading is simple ...buy and sell the scrips u want and pay or receive money.

Answer 2

the first step is to get a pan card

for that u can apply online www.tin-nsdl.com

it cost about Rs.70

it takes about 15 days to get the pan card

once u have got the pan card u can start a dmat account

for this u have to find the stock brokers which are near to ur town some of the stock brokers are INDIAN BULLS, UNICORN, GEOJIT ECT FOR MORE see cnbc tv

or any bank such as ICICI, UTI, HDFC ETC

AFTER SELECTING THIS U AS THEM THE DMAT APPLICATION FORM OR DOWNLOAD IT FROM THE NET AND FILL IT AND ALONG WITH IT TAKE A COPY OF PAN CARD, BANK STATEMENT, AND AN IDENTIFICATION CARD COPY SUCH AS DRIVING LICENCE OR VOTER ID

SUBMIT IT THEY CHARGE U FOR OPENING DMAT ACCOUNT ABOUT RS.250

WITH DMAT ACCOUNT U CAN ONLY BUY SHARES FORM PRIMARY MARKET U CANT SELL OR BUT SHARES IN SECONDARY MARKET FOR THIS U HAVE TO OPEN A TRADING ACCOUNT AND DEPOSITE SOME MONEY IN THE TRADING ACCOUNT ALL THE SHARE TRANSACTIONS WILL BE TAKING PLACE ONLY THROUGH UR TRADING ACCOUNT IN THE SECONDARY MARKET.

REGULARLY WATCH THE STOCK EXCHANGE CONDITION IN CNBC OR ANY OTHER CHANNELS

ANY INVEST IN A SAFER COMPANY SHARE.

INDIAN BULLS AND UNICORN ARE THE LOWEST SERVICE CHARGE PROVIDERS IN INDIA

FOR MORE DETAILS VISIT www.arundas.co.nr

Answer 3

check this site

http://www.demataccount.com