Online Trading Sharekhan online forex trading is an education company that provides education to professional traders regarding trading on financial markets. Eyal Shahar founded the company in 1997 as a trading floor.
500 million a day in transactions. By February 2015, Online Trading Academy had provided its services to more than 150,000 students. Online Trading Academy teaches its students a rule-based strategy for trading in the financial markets. In addition to the classes offered, the company also offers separate self-study programs through online and on DVDs.
The program aims to teach the same fundamentals and concepts as in the in-class training. In 2006, the company started to offer an online course in stock trading at its Middle East and North Africa Regional center in Abu Dhabi, United Arab Emirates. In 2010, Online Trading Academy signed a pact with Sharekhan, one of India’s leading retail broking companies, to provide its trading and investing education to customers in Mumbai, India. The ups and downs of day trading”. How the Online Trading Academy Works”. Online Trading Academy to conduct its first Online Stock Trading Course”. This page was last edited on 22 February 2018, at 21:52.
Comparison of Full Service Brokers and Discount Brokers in India Published on Thursday, December 11, 2014 by Mukesh Kothari, Chittorgarh. We can help you find the right broker for your trading needs. I follow the brokerage industry very closely. Recently I came across a radical change in the India brokerage industry. This has drastically changed the trading habits of many traders and has brought down the brokerage cost significantly.
In this article I will explain about how new breeds of broker are taking the traditional brokers head on and how the broking industry in India is heading for a change. Types of ‘Retail Brokers’ in Indian Stock Market As stock market investors we all use brokers on a regular basis. These brokers are registered members of the stock exchange and regulated by SEBI. They also allow investing in Forex, Mutual Funds, IPOs, FDs, Bonds and Insurance. In some cases full-service brokers also have in-house banking and demat account services. India has over 10,000 traditional retail brokers. They are ‘advisors’ for the client and at the same time salesmen for the financial products.
Discount brokers offer low brokerage, high speed and the state-of-the-art execution platform for trading in stocks, commodities and currency derivatives. They offer ‘no-frills’ brokerage service for ‘do-it-yourself’ traders who understand the market well. Discount brokers are new breed of brokers offering technologically advanced service at extremely cheap online brokerage services. This comparison shows that discount brokers charges much less brokerage.
Most discount brokers also do not charge minimum brokerage. They are online brokers having couple of offices in metro cities. Around 500 brokers closed their shops in last 1 year. Many others have downscaled including largest ‘India Infoline’. Most discount brokers started business after year 2010. They offer research reports, personal recommendations, funding, extended margins and many other add-on services.
They are online brokers focused mainly on trading. They don’t offer research, funding and other add-on services. Many offers 3-in-1 account for seamless transactions. This includes trading account, demat and bank account. The brokerage can also be negotiated in most cases. Most full-service brokers are not transparent in terms of charges.
Some broker offers prepaid plans with complex terms and conditions. Helps trading in very small quantity or in penny stocks. Very expensive as they charge minimum brokerage. Very cheap as their brokerage is like ‘0.