Online Stock Brokers

Online trading is a boon for those who want to avoid the hassle of personally dealing with a broker. It's an Internet based trading facility that allows you to buy and sell shares through an online broker. Once you join an online trading site, you can buy and sell through the stockbroker's Web site.

Things to do before opening Online Share Trading Account

1. Ask for Demo: Contact the broker who provide online trading service and ask him to give you a demo of product.
2. Check if the broker trades in multiple stock exchanges. Usually most of the Online Trading Websites trade in NSE and BSE in India.
3. Check the integration of Brokerage account, Demat account and Bank account.
4. Compare brokerages with other peer companies.


Standard document require to open an Online Trading Account

1. Proof of residence (Address proof)

* Driving license
* Voter's ID
* Passport
* Photo credit card
* Photo ration card
* Utility Bill (Telephone, Electricity etc)
* Bank Statement

2. Proof of identity

* Driving license
* Voter's ID
* Passport
* Photo ration card

3. PAN Card
4. Two photographs