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To start trading online, one needs to find an online share broker who plays the role of a physical share broker. The online share brokerage firm should be a credible one, and the trader needs to make sure of it. He should consider the available online share brokers and compare them according to their features and the services they provide. But the most important criteria to select an online share broker should be the brokerage charges being levied on the trader. The broker should be able to provide quality services at low brokerage, which would not eat up his profits. An online share brokerage firm provides the online trading software for the traders and they just have to connect to the internet to access the software and start trading! The first thing a trader will need to start trading online is a demat account. A demat account holds his securities in a dematerialized or electronic form. This eliminates the need and risks of the physical share certificates, and also makes the trading process much more convenient and secure. A demat account can be opened with any bank or a financial organization. The demat account needs to be linked to his savings account from any bank and his online trading account. These days, banks are offering to provide all the three facilities to an investor. Apart from a savings account, the SEBI requires PAN card and proofs of identity and residence as requirements for opening a demat account or trading account. Online share brokers provide an online trading software which should be user-friendly and provide the trader with fast and reliable market updates. Some important features to look out for in an online trading software are live share price updates, market news, market research reports, various stock exchange updates, etc. The software should basically provide all the necessary information required by the trader. An online share broker should also be able to provide trading facility on phone in case of internet failure. Advisory services and trading tips would make the software much more attractive to the trader.There are many online share brokers in India for the investors to choose from. Some of them are ICICIDirect, HDFCSecurities, UniconDirect, ShareKhan, etc. Many of the share brokers have a free demo of their softwares on their websites too. This helps the trader in finding the most suitable online share broker for trading in the Indian share market. Article Tags: Online Share Broker, Online Share Brokers, Online Trading Software, Start Trading, Online Share, Share Broker, Share Brokers, Broker Should, Online Trading, Trading Software, Demat Account
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