Online Trading

Online Trading

Overview

Online Trading with SPREAD X Online Trading portal www.spreadx.in is a one stop financial solutions website catering to all your trading & investment needs and it is developed in latest technology which can be accessed seamlessly on Desktop, Smart Phones and Tablets.

Online Trading Platforms

SPREAD X online trading facility offers the convenience to trade into Equity, Derivatives, Commodities, Currency and also to invest into IPOs & Mutual Funds conveniently using any device viz. Mobile, Tablet or Desktop.

What is Online Trading?

Online trading has made buying and selling of shares extremely simple and time efficient. With the internet seizing the global stage, trading can be done by a few clicks at anytime from anywhere. It plays a very important role in the life of a trader/investor. It facilitates buying & selling of financial instruments like Equities, Bonds, NCDs, Derivatives, Stocks and ETFs through an online trading platform.
The major benefit of online trading is that investors can seek the help of dedicated customer care in case of any clarifications or queries.

How to Trade Online?

The very first step to start trading online is to apply for a Demat and trading account with a Depository Participant and complete all the necessary documentation processes. It is important to choose a broker who is a registered member of all the stock exchanges and has been certified by Securities and Exchange Board of India (SEBI) as well.
Prior to starting online trading, it’s essential that you have sufficient knowledge of how the stock market functions. There are many courses that teach the basics of online trading. Other than that, you should also keep a tab on the financial news, websites and hear podcasts to keep yourself updated with the financial markets.
Chalking out a plan & devising a strategy also plays a big role. Before you start to invest with real money, it’s advisable that you start practicing with a demo trading account. This will enable you to familiarize yourself with the price dynamics and develop a trading strategy you wish to adopt.
Think through your investing strategies. Plan in advance the amount you wish to invest in a particular company.
Stock trading is a long-term investment therefore ensure you have all your bases covered in order to become a successful investor!

Benefits of online trading

Simple & Convenient process

Anything that can be done online makes life simple and convenient. Online trading enables traders to have a hassle-free trading experience. If you have an internet connection and an online Demat Account you are good to go, it saves your time and effort.

Complete Control

With the help of online trading, you get complete control on your own portfolio hence, giving you greater control over your investments. Now, you can trade anytime during market hours and take decisions on your own without any interference from the broker.

Less Expensive

When a broker executes your trades you pay a fee or a commission which costs you more money. However, when you trade online you pay a fee i.e., a brokerage charge which is much lower than the one charged by the broker.

Monitor Investment All time

Investments can be monitored anytime through mobile applications and websites. You can see real-time gains and losses and take prompt decisions on the stocks you want to keep or sell.

Is it Safe to Trade Online?

Here are some safety measures to keep you safe and worry-free so that you can focus on investing in the right places:

1. Know Your Stock Broker

Make sure you have researched your online trading platform well. Before sharing any of your personal information, conduct thorough research and do not ignore any red flags. You can refer to the list of DEMAT account providers on the official websites of NSDL and CDSL.

2. Enter the Web Address Manually

To avoid entering a fake or look-alike website created by tricksters, enter the web address of your online trading platform in the address bar manually.

3. Go through the privacy policy document

Many investors often tend to skip the boring, lengthy policy terms. However, when it comes to online trading, read the clauses of the privacy policy so that you can save yourself a lot of unexpected trouble.

4. Check for SSL Protection

A small padlock icon in the address bar means that the online stock trading platform is protected by a Secure Socket Layer or SSL Certification.

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