Kavya TKnowledge Contributor
How to trade using online share trading account?
How to trade using online share trading account?
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The process to trade using a trading account is relatively straightforward. Your trading account is like a link between your bank account and your DEMAT Account. You can place an order for the shares you wish to purchase through your trading account. Your order is then sent to the stock exchange for processing. If the order is executed, the shares get deposited into your DEMAT account, and the funds are debited from your bank account. Sell orders follow a similar process. Once the order is executed, the shares are taken from your DEMAT account, and the funds are credited to your bank account.