Ask Yourself Before Selecting Stock Broker

If you are a new investor, have recently started earning your own money, planning a long or short term goal for yourself and your family and are planning to buy shares, but confused with the market scenarios, then my dear friend you are at the right place. We at infinitebroker.com offer detailed information on stock brokers, online account opening, Demat and trading accounts. We help you evaluate which is the best online trading platform for you with a choice to compare many stock brokers according to their brokerage charges and services. In short, we help you invest in a systematic manner, for you to earn maximum returns on your hard-earned money.

Online trading is a platform on the internet, where trading of shares/ securities takes place. The purchased shares are then deposited into a demat account, by investment business houses and online stock brokers. In India, online trading is considered to be one of the ever-popular and most functional activities.

Well, It is actually simple then it sounds, but for online trading, you only need a Trading and Demat account, an active bank account with access to net banking and a stock broker. A stock broker is someone who provides an online platform on the website or a mobile application to let you trade effectively.

Well, a stock broker or a brokerage firm is a necessity to trade in stocks, since they are licensed by SEBI and other government agencies for online trading. An exchange is like a warehouse in which people buy and sell stocks and other financial instruments. A person or computer must match each buy order to a sell order, and vice versa for successful trading. Some exchanges work like auctions on an actual trading floor, and others match buyers to sellers electronically via websites and mobile applications.

This is like a bank account for shares, where information on your shareholding is stored. To start trading, you need to open an online trading account with an online brokerage firm. You can do it with a stock broking firm or with a bank. These days, with the simplicity of Aadhar card and a linked mobile number, the process of opening an online trading account is really simple and takes just a few minutes for activation. Many online stock broking firms like Zerodha, Sharekhan.com, Upstox open online trading accounts and charge very less brokerage cost. In a Demat account, the shares are electronically transferred for buy /sell purposes. Always choose a reputed and experienced stock broker, who is registered with SEBI and is an active member of reputed exchange houses like BSE, NSE, MCX, NCDEX.