Monday 21 July 2014

working with demat account

Trading in stock market is possible by demat account.shares and security is held in demat account.without taking physical possetion of certificates.for accessing the demat account internet password  and transaction password is required.The bonus shares allotted to the investor who is investion money  will be immediately credited into his saving account.There is no risk due to loss on account of fire, theft or mutilation. according to Act of 1996 ,the  process for sales, purchases and transfers .of shares became easier and most of the risksassociated.with paper are removed in this demat tecnology.If you want to trade in shares without our broker, you can Using your deamat account login.And access using a user-friendly trading platform.But much care should be taken while trading using your online account,because putting a wrong order may leads to heavy losses so with out knowledge.dn't purchase wrong shares.analize the market few months then invest your income.

Opening of demat account:-


The first step to open a demat account is getting a pan card, adhar card along with the  appropriate bank account, cheques, address and applying.for demat from a near by stock broker.axis,hdfc,kotak securities,icci,,sbi banks provide the demat facility by which any one can trade by sitting at home.off line applying :-after applying offline for a Demat account the process completes within 4-7 days, online applying:-you can also apply for a Demat account in online on website of your choice stock  brokerage. While applying for a demat account should be very careful about signatures.


benifits of demat account:-


Easy and  way to hold shares
Immediate transfer of shares
No stamp duty on transfer of securities
Safer than paper work shares 
low paperwork for transfer of securities
Reduced transaction cost
Traders can work from anywhere in globe by accessing internet