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Opening an account for trading in a share market is a very easy process. It does not involve any time consuming formalities. The market regulator of India, i.e. the Securities and Exchange Board of India (SEBI) has a simple set of guidelines for the investor to follow to open a share market demat account for online stock trading. The demat account needs to be opened with a depository participant, which is registered with the SEBI. The DP acts as an intermediate between the depositories and the investors.
Things to note while opening share market account
When you open your share market demat account, you can take note of following things.
Make sure that you get a reliable and user-friendly
share-market-account-software for free.
- Get to know the brokerage charges that will be levied upon you.
Ensure there are no hidden charges in the brokerage plan.
Choose a share broker who can share useful share market news
updates and share market tips that will fetch good returns for your investments.
The customer support services should be credible and of high
quality, and should also facilitate your trading activities.