This is a discussion on Personal or Direct trading within the Investment and Finance forums, part of the General offtopic discussions category; I came across this term in some post, which site or company offers this. I want that I don't have ...
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| Bronze Member Join Date: Feb 2009 Location: Kolkata Age: 23
Posts: 131
Rep Power: 2 | I came across this term in some post, which site or company offers this. I want that I don't have to call someone and rely on his mercy to buy or sell stocks, I just want to do it myself. How can I do it? Is it more risky or costly compared to Telephone Trading? Advise |
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| | #3 |
| Junior Member Join Date: Jul 2008 Location: chennai Age: 21
Posts: 27
Rep Power: 2 | yes, brokerage firms likes share khan,icici direct provide platform for online trading. using it you can buy share independently and even in small quantity like 1 share... basic requirements for online trading are 1. pc 2.internet connection(preferably broadband) |
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| | #4 | |
| Junior Member Join Date: Oct 2009
Posts: 63
Rep Power: 1 | Quote:
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| | #5 |
| Junior Member Join Date: Sep 2009
Posts: 50
Rep Power: 1 | What does direct trading mean actually? Does it mean that you deal directly with another trader? I wonder if it is too risky for us to deal with people we never know exactly who he is. I would prefer the conventional system. |
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| | #6 |
| Banned Join Date: Jul 2009 Age: 30
Posts: 298
Rep Power: 0 | There are many sites for online trading but I am unaware of the security level in trading on these sites. Does anyone use online trading? |
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| | #7 |
| Platinum Member | I can speak for ICICI Direct. It is extremely safe. The site forces you to change the trading account (demat) password every 15 days (as per SEBI guidelines). Account is locked after 3 unsuccessful tries. And one has to go through a thorough verification process to unlock it and get the new password. The new password is sent by courier to your home address. The site itself provides an option of virtual keyboard to enter password.
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| | #8 | |
| Banned Join Date: Jul 2009 Age: 30
Posts: 298
Rep Power: 0 | Quote:
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| | #9 |
| Junior Member Join Date: Jun 2009 Location: Bangalore
Posts: 33
Rep Power: 1 | i want to know if i open demat a/c with some provider like icicidirect. other then annual charge is i have to pay any minimum charge per month if i didn't purchase anything in 1 month. Actually i am planning to open demat to purchase share occasionally not regularly . |
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| | #10 | |
| Administrator Join Date: Nov 2007
Posts: 319
Rep Power: 3 | Quote:
There is no other monthly charge with icici direct. But its always better to check with the bank itself instead of believing me as things might have changed yesterday or day before which I might know about. | |
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| Tags |
| direct, personal, trading |
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