'Importance Of Trading Account – RVCJ Media

Account – RVCJ Media

To begin share

market investing, a trading account is a mandatory requirement

Whether you

trade online or through an agent, you need to hold a trading account

It is

through a trading account that all the transactions are done

Even when

a broker places trades on your behalf, the transaction will be processed through your trading

Each trading

comes with a unique ID that shall be utilised for all the transactions

Hence, we

shall understand the significance of a trading account

A trading account

provides a platform to place buy and sell requests for financial securities

It is

also a link between the demat and bank account of investors

When an

individual wants to purchase a security, he shall place an order from his trading account

The request

shall go to the stock exchange via the stockbroker for processing

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