Make Stock Trading Easy And Convenient Through A Trading And Demat AccountPosted by Shrikant Sharma on July 2nd, 2018 When you are trading in the stock market, it is vital to carry out as much research as possible on stock movements as only then will you be able to make the right investment decisions. This requires the assistance of an online broker who will give real time information on what stocks are best to buy or sell. However prior to this, you need to open a Demat account. Features Of A Trading And Demat Account Trading and Demat account is of utmost importance if you want to indulge in stock trading. Through this account, you can buy and sell any number of stocks according to your stock research decisions. The account holds all your stock securities in electronic form, so it can be used to view them at any time. As the securities are maintained here, there is no need to get a paper copy of any security, unless it is really needed in which case it can be printed out from the account. You will find operating a demat account to be easy and giving you the convenience of carrying out online trading activities, The Demat account offers many privileges that is not seen when dealing with paper securities. You will find that at any time, any security can be cheeked out online through the account. You just have to login into the account to see its details. In case of a purchase or sale, give instructions to the DP on what stocks you want to operate on and he will carry out desired transaction in minutes. The purchase or sale will be shown in the account and also in the bank account linked to the Demat account. All such activities will be done quickly, thus enabling you to carry out more transactions per day, thus gaining higher profits. Demat account enables you to trade in various securities but at a very low cost. Furthermore for any transfer transaction you need not pay stamp duty, get a stamp, affix it to paper security etc. All such activities can be avoided as the transfer happen online automatically according to your needs. The account gives the freedom of buying or selling a stock or bond in odd lots or even a single security, which may be necessary in certain types of transactions. Hence the account gives flexibility in carrying out stock transactions as desired with minimal time and efforts. I am Shrikant, a stock trader who has made profits through stock trading transactions done using a trading and demat account. Like it? Share it!More by this author |