12 Reasons Why You Should Invest In Online Trading Account
There’s so little time but so much to say about the benefits of online trading account. Right from the convenience of trading from home or any location to have a direct access to the research reports, online trading account treats us to so many benefits and gives so many reasons to invest in it. Today, in this blog, we have handpicked some of the most important advantages that are sure to convince you for opening an online share trading account.
Any time and any location: The biggest advantage of investing in an online trading account is to be able to trade at any time and from any location. Be it from home or from a serene sea beach, you can perform the trade as per your convenience. Also, you do not need to bother about the time because anytime is a good time for trading online (until the market is closed).
Single accessibility: The renowned trading accounts in India facilitate their clients to have accessibility to all the stock exchanges across the country. This means you can trade through a single platform for all the exchanges like the Bombay Stock Exchange (BSE), the National Stock Exchange (NSE) and Multi Commodity Exchange (MCX). Isn’t it too lucrative to resist?
Multiple platforms: By opting for the best stock broking company, investors are sure to get a benefit of buying and selling stocks through multiple platforms and devices. Along with the online trading facility through desktop, mobile and tab, you can trade through various operating systems like windows, android and iOS.
Less cost: Investing in an online trading account is sure to save your pocket because it charges less brokerage fee and waves off the stamp charge, the cost of transferring shares and so and so forth.
Easy and convenient to hold shares: There’s no doubt that an online trading account can make your life easier than you could ever imagine. You neither need to go to an open outcry floor for placing the order nor will you have to wait for receiving physical share certificates owing to the facility of automatic credit in demat accounts.
No odd problems: unlike traditional brokerage, there is no limit to the minimum numbers of share certificates to be bought and sold through an online trading account. Even a single share can be sold.
Complete freedom: With hundreds of stocks to choose from, you can invest in any one you like or think will fit your financial requirements and goals. You are your own master and have full freedom to take your own decision while investing through an online trading account.
Fuss free transaction: Online trading account provides its clients with the most astounding experience of a seamless transaction. The fund and equity transfer process can take place without any hiccups and at the convenience of the investors with the use of a secured trading platform.
Reliable research: If you are opting for a full-service broking firm for opening an online trading account, then you are sure to get a direct access to the research reports, stock analysis, market watch and historical data of various companies. This enables the investors to invest more wisely and with a full knowledge about the stocks.
Personalized service: The full-service brokerage firms even offer personalized investment solutions to the investors after analyzing their fiscal goals and background. This helps the investors to yield a better return on the investments.
Quicker: Haven’t you heard the saying time is a virtue? This goes true for share trading as well. Even a fraction of a second can impact your profit/loss ratio. Online trading enables you to have a faster transaction than physical trading as it involves no correspondence with the brokerage for placing the orders.
Real time investment monitor: By having an online demat and trading account in India, the investors can monitor their investments from time to time and check how their money is performing throughout the day. He or she can login to their accounts and watch the gains or losses in real time.
So, are you finally convinced for opening an online trading account? If yes, then wait no further and plunge into your new endeavour.