The rising interest of online trading amongst the youth
India has the third largest Internet user base in the world standing strong with over 200 million users along with one of the largest population of youth in the world. With the emergence of internet and the youth dancing at its feet with the new medium for communication, business, socializing and hassle-free services the country’s youth is rapidly showing interest in the trading division of India i.e Stock Market.
Internet Trading trend suggest that more and more people are adapting this quick, efficient and hassle free option of stock trading. The country has seen around 50 to 70 % rise in trading since the inception of online trading account India, especially amongst the youth investors. Well this steep rise can be attributed to the availability of gadgets, superior technology, rising internet speed and access to investment information. Thus, it has become a primary source of additional income.
With an online trading account India, you can access your mutual funds, stocks, IPOs, equities and much more avoiding the need for multiple brokers, multiple bank accounts and multiple folios. There is also no need to call an agent and one of the biggest benefits of online investment is the complete privacy. You don't share your investment details with anyone.
Well it’s the ease of operation that has contributed mainly towards the promotion of online trading concept amongst the youth. Knowledge of basic trading concepts is enough to get youngsters started. As they begin trading, they warm up to analyzing market trends and learn to respond to changing market scenarios. Analyst feeds are also abundantly available online and that helps make trading easier. It is interesting to note that a majority of young investors prefer the futures and options or F&O segment to the spot market.
Online trading account India is considered as a key instrument to improve earnings amongst the youth who are smart, cautious and pick an easy go medium, as it does not require any complicated procedures to carry out trades. Men and women both trade online almost neck to neck in their race to earn high gains with less pain. Private sector employees who wish to secure their future financial resources form biggest percentage of those trading online. Self employed professionals and public sector employees also form a large chunk of those trading online with most young investors focusing upon the market derivates, permutation and combinations, stats and graphs to extract handful returns from the markets. Researchers say amongst cities Delhi takes the top rank in online stock trading followed by Mumbai, Bangalore, Chandigarh, Kolkata and so on.
The advent of online trading account India has narrowed the gap between the riches of the trade to the rags of the town. Online stock trading has made the stock markets available to the average investor. Be it a mom to the business professional anyone can be a part of this multi-billion stock market of India and trade anytime, anywhere and anyhow through Online Trading.
Main Benefits of online trading:
Online trading provides transparency on all the information from the time of order placement till the final settlement. Every step of online trading is subject to scrutiny. Investors can get the best quotes given the high degree of transparency in the system.
Convenience and liquidity
You can trade online anytime during business hours. This helps in providing liquidity to investors.
Smart Youngsters of India have shown the importance of internet based quick, hassle-free and low-cost trading methods. The “lagging” brokerages are now forced to improve their operational costs and age old lagging trade practices in order to be successful. One of the main obstacles to further development of online trading is telecom infrastructure, which is forcing most online retail brokerages to offer telephone trading as a backup.
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