Trading Account
This is the account which is operated for trading purpose. If a person wants to trade in stock market then the trading account should be opened first because you can trade only in trading account, you can find all trade details in the account. Some details are mentioned below which you can find in the trading account:
- Live exchange rates dashboard
- Buy price/ Sell price
- Buy quantity/ Sell quantity
- Buy time/ Sell time
- Equity/ Option
- Order summery
- Profit/ Loss
✔Live exchange rates dashboard : Its the dashboard where anyone who have login into the trading account anyone can check live exchange rates in stock market what is current rate in the market is running can be checked every second.
✔Buy price / Sell price : This option can show that at what price the share has been bought or sold. Anyone who has trading account can check every price details in the accout.
✔Buy quantity/ Sell quantity : This option will give all details of quantity of shares which has been bought or sold.
✔Buy time/ Sell time : Trading account gives the details to check the time of buy shares and sell shares.
✔Equity/ Option : This option shows that the person has bought or sold in euity or option in their account so that it will be easier to differenciate the trade.
✔Order summery : In this option you can check your order summery that at what price you order for execute a trade.
✔Profit/ Loss : Definetily there is an option to check the profit or loss which is gained. because that needs to check that the trades which done by the person that gave profit or loss.
How to open a trading account??
You need a broker through which anyone can open a trading account. You do not need to go and search for any one, you can open a trading account in the same bank in which you have open your saving account or you can call to the broker, numbers are available online you dont have to go anywhere. There is some little charges which is payable and then you can run your account smoothly.
When you open your trading account then you can start your trading anytime according to the market timings. You can open you trading account and check your trading details anytime after or before market time. There are lots of broker available on the internet and you can open trading account through you saving bank they will link your bank account with the trading account so whenever you will trade the balance will deducted through your bank. So you dont need to transfer the money to the trading account if you open trading account in you bank account.
Some of your details or documents are required to open a trading account. All details should be correct and valid.
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