InvestorQ : Is it necessary for me to opt for online trading or is offline trading well enough?
Jignesh Gupta made post

Is it necessary for me to opt for online trading or is offline trading well enough?

Answer
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Abhi Yadav answered.
2 years ago


Online investing, as the name suggests, is about the facility to place your buy and sell orders on the internet. You can actually trade from the comfort of your home or office with just an internet connection. An online trading platform is convenient because the entire process is seamless. With the rise in internet connections, the spread of smartphones and the focus on cheap internet connectivity, most traders and investors now prefer to conduct all their online trading activities with the help of a downloadable app. Normally most of the broking apps are compatible with the Apple IOS platform as well as the Google Android platform, which are the two principal mobile operating systems today. You buy shares today; your bank account gets automatically debited and the shares get credited to your demat account on T+2 day. When you sell shares, the shares get automatically debited to your demat account and your bank account gets credited on T+2 day. Online trading enables you to trade with minimal intervention and at lower costs.
But, online investing is not just about execution. It is a lot more! The online platform also assists you in screening stocks based on your criteria, helps you access to research and news pertaining to the stocks of your choice and also empowers you to identify the right levels to enter and exit the stock with the help of basic technical charting tools. Execution of the trade and the post-trade support is one part of the online story. A good online platform will also assist you in the stock screening, stock selection, and the level identification process. After all, that is what broker pedigree is all about. So even if you are not too comfortable with operating laptops, notepads and smartphones, you must try to get the full benefit of internet trading experience.