History Of Internet Trading-www.xs99.com

Investing Necessity is the mother of all inventions the practical reality of this quote has led to some of the most important inventions and discoveries for the betterment of mankind. For instance, the desperate need to numb the excruciating pain of surgeries lead to discovery of Anesthesia, which we have now accepted and are accustomed to consuming before any major operation. A similar analogy can be applied to the invention of Online trading. Today due to the advancement of technology there are more Internet users than ever before and the number is only increasing with time. One of the most vital hall mark traits of the Internet is its ability to make any process significantly paperless, clear in communication and most importantly achieving a reduction in cost & increased TAT time in completion of task. With regards to Share trading in India, prior to the acceptance of Online share trading, clients used to depend on individual brokers who would take calls on their behalf at the rings of stock exchanges. These brokers would act like middle-men and be the decision makers on behalf of the clients. Clients were dependent on the broker for multiple issues due to the very dynamic and fast paced nature of physical share trading business. This at times led to friction between client and broker over misrepresentation of share trading information that was relayed, ultimately resulting in losses for the client concerned. Thus, there arose a significant need for a platform that would make clients self-reliable and the sole decision makers. With the advent and acceptation of online share trading, it lead to a new rat race amongst brokers to be the best online stock broker in India. Todays all the best brokerage houses for online share trading have a dedicated team to look into this segment, as it has over the years proved it has proved itself to be a good medium to indulge in online trades. Due to this the number of participant clients into active share trading has increased many folds as they are now able to be virtually present and take calls regarding their shares in a self-sustained online medium. The best brokerage houses have gone a step ahead by offering freebies like zero account opening fees when clients apply for opening of a demat account with them. Another important factor that contributed greatly is the presence of a massive online financial library in the form of blogs, forums and other study avenues where any newcomer can equip himself with the basic financial know-how and begin trading. Some of the best online stock brokers in India thus equip their trading sites with updates from the latest on the broking industry, so that user engagement while visiting them is maximized. Thus more number of financially literate people were added because of the internet and this provided a brilliant uniform platform for discussing latest revisions concerned with all aspects of financial trading and investments. When participating in online share trading in India, the client should ensure that he or she trades in a fool-proof and well secured medium, as a negative fall back of internet trading is that there have been instances of hackers cracking into clients information when he or she trades only to conduct proxy trades using the confidential information. Thus the best brokerage houses for online share trading in India assure that their trading portals are fool proof and customers can trade in a secured medium. Instances like these can happen even in the case of empaneled brokers whose online trading services are used by clients while trading. Thus it is very essential that a client chooses an online broker of repute and one is registered at all levels with the regulatory bodies. Online trading in India is just about two decades old, however, its evolving at a very fast pace due to high engagement factor by clients and brokerage firms. Infact brokerage firms now are also providing mobile trade applications which allow clients to place trades online from their cell phones. Due to the high turnover of capital involved in share trading, online share trading in India is here to stay and its growth would correspond to the amount of engagement by the participating clients. Disclaimer: 1. Views as are mentioned in the article are personal views of Author and nothing to link with Co., its Director and Employees. 2. All investments are subject to market risk and you need to consult your financial advisor/consultant before investment. About the Author: 相关的主题文章: