EQUITY
To grow wealth exponentially over a relatively shorter time takes knowledge and experience. Most investors prefer trading in the stock markets to achieve these ends. However, as we said before, you need to be an expert. Of course, guidance and analyses from seasoned market experts are essential too. Equity trading involves buying and selling of shares of companies in the stock market. You can do this with an equity trading account. In India, it is mandatory to register with a brokerage house for trading in Financial Markets. VM FINMART One provides not only well-informed market tips but also research. This helps you make the right calls on which stocks to buy and which ones to sell. You can also benefit from value-added tools for a seamless customer service experience. Let’s see what is an equity account, how to open one and its benefits.
Equity account opening involves signing up for trading and demat accounts. These two will then get linked to your savings bank account (with your consent) for transferring funds. Thanks to a fully digitised process, brokerage firms like VM FINMART One provide integrated platforms for opening equity accounts.
Trading Account
A trading account lets you buy and sell securities on the stock exchange. Here you get a unique trading identification number (id).
Demat account
A Demat account is like a digital locker for the securities you buy as it holds the securities in a paperless (dematerialised) format. It has replaced the physical storing of share certificate
- *An online equity account should have:
- *A quick account-opening process.
- *Flash news and intra-day calls.
- *Intra-day and historical charts.
- *Online research and tips.
- *News updates
- *Best-in-class portfolio advisory services.
- *Dedicated authorised persons for carrying out trades.