Benefits Of Doing Online Trading In India

Online share trading has as its unique selling point - ie the Convenience it brings to this activity making an investor’s life much simpler. It brings a lot of rationality to this activity, making it easy, fast and independent of the location of the trader. All he requires is a reliable dataMonitor connection with a computer or a mobile and he could be in any global corner. With this minimum toolkit, he has access to a screen which obeys his command relating to any kind of legitimate trade, both during market business hours, or even after hours.Online stock trading apps for Android or Apple devices, both give access to a customized, security protected Dashboard, which allows the trader to flexibly, initiate trade, review positions, generate

Cheaper

To the cost-conscious trader, the economic efficiency of online trading makes it top the merit list. Lower operating cost per trade is ensured through stock trading apps, on account of lower brokerage cost or through zero-fee trading houses. With no middle men involved, many app operated trading accounts may offer free security delivery, as well as concessional or flat fees on trading accounts, or as volume discounts. While Exchange levied fees,STT/CTT, Stamp fees, GST etc are obligatory, the competitive nature of online trading volumes, make it useful to shop around in choosing an app, in case of individual investors.

Share market brokers and investors need to capitalize on the limited market hours and so they monitor prices in real time. With good connectivity, real time prices are captured in online trading 24 x 7. Timing is the key to profitability of investments and with online trading, there is a better chance to mark to market all securities, day and night and look out for timely warnings or signals to take profit. Further, first hand market information relating to invested Companies can be accessed with their credit profile, declared performances, future prospects, etc. All of this, gives the online trader a unique plus point, empowering him, whatever his work schedule may be.

Share trading software and apps digitize transactions which were hitherto physical and time consuming, reducing his dependence on broker-driven transactions, thus cutting out the middleman and several legs of possible time delays. It also allows the trader to have a mind of his own and allows him to make his own individualistic decisions, getting better over time in personal finance and management of his portfolio.

Investor has greater control

Lucrative trading gives better satisfaction when based on independent decisions. Online trading gives the investor a greater choice of decisions, after considering all available trading cues. You as a trader, will be able to initiate and cancel trades with Nil waiting time, from any space and time!

The clear advantage that online trading adds is faster trading speed and faster settlement processes. This makes the process trouble-free, timely, advantageous for catching key trends and efficiently accurate. Further, online trading helps you harness the convenience of interfaces with other seamless software (demat accounts, banking accounts) which obviates the need to make broker calls, paper work, practical glitches like risk of signature mismatches and other regulatory risk areas.

Better understanding of one’s money

Online trading acts as a necessary switch to taking the plunge into the Financial sea of volatile waves! Every independent trade enriches the investor’s wealth of practical expertise in working hard to be profitable and to take losses with equanimity and as part of the learning curve. Overall, online trading experience, hones investor’s skills of analysis and its feedback helps build a more robust and solid portfolio of assets.