PehlaTrade

Brokerage firms or brokers are the financial institutions who enable traders to buy or sell securities on the exchange. As traders can not place their orders directly on the exchange, a medium is required to do so. Brokers offer traders a platform where buyers and sellers can place and execute their orders.Choosing a right broker is the must. As brokers charge the commission for their services you be very carefully while choosing a right broker for yourself as per your requirements. Following are some of the parameters analyzing which you can choose a right broker: 1) Fees & Commission Traders have to compromise their profit if they have to pay huge commission. Before choosing a brokers carefully analyze its commission structure and ask if there are any hidden charges. Traders can choose discount brokers to save brokerage cost as they charge only for every executed orders. 2) Availability Visit brokers website at peak hours of the day and see if you can access it timely or not....

Demat Account stands for dematerialized account. In this account, all the securities and shares which a trader holds is electronically placed.A trader has to open this account with a registered broker or discount broker .The process of conversion of shares into electronic form is known as dematerialization. Once your Demat account has been opened you will get a specific account number and a DP ID number which has to be retained by the trader for future communication. Earlier traders possess physical copies of all the shares and securities which they hold and it was really difficult to preserve those copies. With Demat account, several traditional trading barriers have been removed. Some of the biggest advantages of Demat account are discussed below: 1)It is a time-saving approach to trading. Within a fraction of second traders can transfer, buy and sell shares using their Demat account without wasting much time. 2)In one single account all the mutual funds, equities,...