The process to open trading account is very easy and is explained in the following steps:

Provide your Aadhaar-linked mobile phone number for OTP verification
Please read through the terms and conditions before proceeding.
Choose your preferred language to start the eKYC and account opening process.
(Optional) You may also setup the MIRA voice assistant now or at a later time.
(Optional) You may choose to mute the MIRA voice assistant via the mute button during the entire process.
Once your preferred language is set, press the continue button.
Please verify your email ID to receive a 3-digit OTP for verification. This email ID will be used for further communication between m.Stock and you.
Provide your PAN Card number (mandated as per SEBI guidelines).
Enter your date of birth to authorize m.Stock to fetch/update your KYC details and open your demat and trading account.

The basic eligibility to open a trading account is as under

You need to be either a Resident Indian, a Non-Resident Indian (NRI), a Person of Indian Origin (PIO) or an Overseas Citizen of India (OCI).
You should be above 18 years old.
You should have a functional bank and DEMAT account to link to the trading account.
You should also have a valid ID and address proof documents and complete the required Know Your Customer (KYC) process.
If you check both these boxes, you will have complied with the eligibility criteria of trading account and can begin the process of opening the account.

The different types of trading accounts you can choose from include equity, commodity, online, offline, 2-in-1, 3-in-1, discount and full-service trading accounts. Each of these trading account types offers different features and benefits and is suited for different investors. Equity trading account: As the name suggests, using this you can only trade in listed stocks and their derivatives on exchanges like National Stock Exchange and BSE.
Commodity trading account: This can be used to trade in commodities like cotton, spices, cereals, metals, etc. on exchanges such as MCX and NCDEX, who deal primarily in commodities.
Offline account: Traders having this account can buy and sell securities by calling their broker or visiting their office to place orders. It is the traditional and cumbersome way of trading.
Online account: This requires placing orders via an app or computer. All you need is a decent internet connection. Trading is seamless and orders are placed instantaneously.
2-in-1 account: This integrates trading account and DEMAT account. The aim of 2-in-1 account is to ensure fast and seamless transfer of shares after a transaction.
3-in-1 account: This is usually offered by bank-based brokers as it integrates your bank, trading and DEMAT accounts. From debit of money to credit of money, entire trading cycle is seamless with this type account.
Discount broking accounts: This is considered no-frills account that may not have many services offered by full service accounts. The focus of this type of account is to reduce trading cost as much as possible.
Full service accounts: This account, along with trading, may also offer research, recommendation and other services.

Technical analysis refers to the use of past performance charts, price patterns and financial trends to forecast the price movements of securities. As such, technical analysis is better suited for short-term investments as insights gained are usually applicable to the near future. You can learn How to do technical analysis through the Mirae Asset website and app! We offer detailed charts, and price pattern reports to help you conduct your technical research and make the right trades.

Here are some helpful online share trading tips:

Understand the basics: You need to get your basics right before jumping into any investments. Try to understand what stocks are, learn about the different exchanges and types of investment options – it will help you build your trading strategies.
Start early and start small: The earlier you start, and the longer you stay invested, the better are your chances of earning higher returns. Put those investment plans into motion, even if it means starting with smaller investments. It will give you a base to build on, from which the only way is up!
Practice makes perfect: You can practice trading on a simulator before making any actual trades. It will help you get accustomed to the investment trading platform for when you are ready to begin your investment journey.
Choose the right stockbroker: You need to ensure you choose a good stockbroker. Ensure you do your research. Consider factors like the broker’s market reputation, the ease of their trading portal, and their brokerage fees before choosing one.