Online Trading in India in the recent decade has witnessed a boom and continues to scale new heights. The Stock Market hit another milestone with the number of Demat accounts exceeding the 10 crore mark for the first time in August 2022.
The sharp surge in stock market participation is attributed primarily to online trading. The number of Demat accounts has continued to multiply, with 10.4 crore accounts as of October.
Online trading typically is the process of buying and selling securities through online platforms. Most brokerage firms provide online trading facilities for their customers by offering simple and hassle-free platforms ranging from websites to mobile applications. Online trading has gained widespread popularity in India and has induced broader investor participation in the stock markets with multiple benefits of trading.
Online trading platforms have helped attract a more extensive investor base seeking to enter the stock markets. There are multiple benefits of trading on online trading platforms. These platforms offer numerous benefits for investors, such as ease of access, flexibility, real-time updates, lesser brokerage charges , etc. Additionally, the online trading platforms provide customised support to their clients, incurring any difficulty with their trades.
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