I am wondering what people think about "which is the best stock trader company?" and has a low commision fee and fair prices for registration with them.
I just bought about 155 shares of Citigroup for about $600.00. I have heard that the company has split up into two parts, so what will happen to the shares that I purchased. Secondly, I purchased 155 ...
I wish to know the best way to invest $5,000 for a maximum yeild in a minumum amount of time. I am a student who has seen a sudden windfall and do not want to misallocate my funds. Looking into a ...
Best meaning that you are not paying a lot to the broker like a discount brokerage place. Also places that have the smallest minimums. Also are there any stocks that look outstanding to you for quick ...
In my 401K plan i AM ONLY TO CONTRIBUTE 6% of my salary since I am considered a highly compensated employee. I need a place to place money that will be protected from taxes or the next best thing....
nilmani
I have a Saving Bank Account. How can I Purchase & Sell Shares online. Please answer in detail.?
Dear I think you cannot purchase or sell shares online through your saving account. You must have demate account. Demate account is one type of authorised account from stock exchange from which you can trade your shares and stock exchange can keep watch on it also. So, open demate account if you want to trade in shares.
aki
Using saving account for purchase & Sell shares online is possible subject to certain conditions. Linking your Saving account to online trading account would solve the issues. Find below few service providers who can help you in this.
http://www.sharekhan.com
http://www.icicidirect.com
https://trade.indiabulls.com/login/loginform.htm
and many more.
ABHISHEK S
i recomend u to have a demat account and best demat account is with reliance money as they have tie up with icici, hdfc bank from where u can directly invest or withdraw money.
Shaun R
You need to open a brokerage account to trade stocks. I think all banks would have something like that.
Also their are many other brokers to choose from. Here is a list of a few.
shain m
I don't think you can do that with a savings account. You need a demat account
vaibhav s
Dear, you can't buy shares from saving account, you must be open De-mate account for buy shares & Demate & Trading account for hold them, contract with any brokage house, bank for de-mate trading account, you, need your ID proff, Residence Proof, Pan Card & Rs. 500-1000 ( Fee for open a/c ) cheque for open a account, after open your account you can purchase shares, then broker charges with you only brokrage.
Focus
U need to open a demat a/c and trading a/c. Many popular banks can interlink ur existing savings a/c to these a/c. Check with your bank for the details.
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