ON LINE TRADING ACCOUNT

I beleive more in practicals than in theory.

Hence for learning share trading , first thing you should

do is to contact a on line broker and open a account.

There are a no of companies are available( Reliance money,

icicidirect.com, Sharekhan etc).

They may require the following things.

1.Address Proof 2.Photo ID, 3.PAN Card.

4. Cheque for Rs 1500/ (Approx).

I t will take one month, for getting your user ID,

Password for the trading portal.

IMPORTANT

For trading you need money in your trading account.

You may pay the broker Cheque or directly

Transfer fund from your bank a/c to your trading a/c

thru Internet banking.

How much money is required to start with?

Not more than Rs 10000/.

So with Rs 12000, you are ready to learn on line share trading.

Recurring expenditure per month.

Broker fees+Security transaction Tax+ Stamp paper- Rs 600 (aprox)

Internet Charges -Rs 500 (approx)

So now you are ready to go !