January 20, 2008

Learn Important points to remember while opening online account

¨ Make multiple enquiries and try get low brokerage trading account.¨ Also discuss about the margin they provide for day trading.¨ Discuss about fund transfer. The fund transfer should be reliable and easy. Fund transfer from your bank account to trading account and visa versa. Some online share trading account has integrated savings account which makes easy for you to transfer funds from your saving account to trading account.¨ Very important is about service they provide, the research calls, intraday or daily trading tips.¨ Also enquire about their services charges and any other hidden if any.¨ And also see how reliable and easy is to contact them in case if any emergency. Emergency closing or squaring off trades in case of any technical or other problems.