The online platform is your primary interface for investing in the stock markets. It provides real-time information about share prices along with historical data to help you make informed decisions. Your trading terminal plays a key role in your success, more so for day traders who need precise, quick information to profit from market swings. A prudent investor is advised to thoroughly research the pro’s and con’s of existing online brokerages before signing up for them. You can compare the different trading accounts for the various features they provide before signing up for the account. Online Trading in India is more than a decade old and has more than a dozen popular brokerages across with offices across the country.
Given below are some of the important features that you should inquire with your brokerage before opening your Demat account with them.
Trading Platform: The trading platform is powered by software which varies with each brokerage. Some brokerages do not update their platforms regularly to save on costs. Check to find if your brokerages’ trading terminal up to date and is accessible via mobile, laptop, and tablet. There are different types of terminals for different types of trades.