What is an online trading account?

An online trading account facilitates online buying and selling of financial instruments like stocks, derivatives etc., from stock and commodity exchanges. Most of the brokers these days offer online trading account. In addition to an online trading account, you would also need to open a demat account to trade in exchanges. A demat account is used to hold the certificates of your instruments.

Benefits of an online trading account

1. Trade from the convenience of your home, office or anywhere
2. Trade from your personal computer and mobile app
3. The broker fee is lower
4. Monitor your investment portfolio anytime, anywhere
5. Trade directly without any middlemen
6. Get access to data-driven tools for informed decision making