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Prajwal S | Hi.i would like to know if its possible to invest in the share market without going through the stock brokers. |
hi.is it possible to buy and sell shares directly online rather than going through stock brokers.if yes,could you please suggest some very good websites which provide this service. |
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Krishna
|
Yes. Which sites depends on which country you are from. If you are from India, sharekhan.com, indiainfoline.com, motilal-oswal.com, there's a whole bunch of them;they are all over the place, newspapers, radio ads, TV ads, magazines; you simply cant miss it. |
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Frank Castle
 |
Some Companies sell their stock directly to the public.
You have to contact the companies where you want to invest and ask them if they offer such a program. |
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EmM
 |
Yes shares can be bought online. What that basically means is that you first register with one of the many brokerage firms( could be DPs like SHCIL, or any of the banks, or a brokerage firm)and then deal with your portfolio via the internet.
Basically, what online brokering does is do away with the need for you to personally call your broker. It DOES NOT mean:
a) not having to pay brokerage (as even these online brokers do charge a commission.)
b) buying directly from the Stock Exchange (you need to go thru some broker, known as in personal stock brokers or unknown, as in someone reading your message and doing it for you. You have to be a registered broker to trade on the stock exchange.)
If you are new to the market, I would suggest you find a good portfolio manager who will guide you in how to invest, how much, and where according to your needs.
A word of advice : Invest in shares keeping the long term gains in mind if you try to make a quick buck you may burn your fingers instead.
Happy Money making. |
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nevyn55025
 |
Even the websites are brokers but try these links. |
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kaypeekps
 |
The best method would be to open a demat account with a bank.The bank would provide the on line trading facility.In any case you can buy shares only through demat account. Try HDFC Bank,which provides good facilities |
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Finance Learner
|
I suppose all above answers involve brokers in form of the website owners or the banks. the best and the simple way to invest or trade in stocks without a middlemen in Top Exhanges is to apply for a member card at these exchanges, visit the official websites of these exchanges for more details on memberships.
But be aware you can only use the membership on your behalf and no one else. |
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ganesh_mogaveera
 |
If you want invest money without going through the stock brokers,then please invest your money in HDFC MUTUAL FUND
FOR DEATILES Please contact: Mr. Ganesh
26201606 |
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Sandeep J
 |
Yes, www.icicidirect.com........... |
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Somsurya
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Sorry to say NO!.Actually this is an Illegal system and as all Websites are registered you'll not get this facility anywhere. |
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Stuart L
 |
I appreciate that you want to save a little cash on the transactions ... but in most countries now, the arrival of the web has forced brokers commissions down to tiny levels. Wouldn't it be better to pay the $7 or whatever for an online broker rather than do it yourself and make a mess of the paperwork (because you don't know what you are doing yet) which costs you time and money to rectify?
If you are just starting out, I have written a number of articles on my hobby site designed for the beginner investor at: http://www.StockExchangeSecrets.com
Good luck in the markets! |
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