InvestorQ : what is trading account?
ananthan made post

what is trading account?

Roshni Hegde answered.
3 years ago

Trading account is an account to invest in stock markets that make the entire process of trading secure and speedy. In trading, account investor can buy or sell equity shares in a stock market. In olden days of trading, in order to buy or sell shares, traders used hand signals, verbal or telecommunication to pass their message.

With the growing age, electronic system, trading accounts took over the traditional system. Trading account is an online method, where investors do not trade physically at the stock exchange to place orders but simply open a trading account with a registered stock market broker. After an account is open, a unique trading ID is issued that is used to perform online transactions.