Topic title:
open an investment account
Topic text:
Given that transactions occur between buyers and sellers in the trading system of the stock exchange, through an intermediary, it is necessary to open an investment account to an intermediary. The generic name of this intermediate is 'broker'. A broker provides the link between the investor and the stock market. Opening a trading account is similar to opening a bank account. Investors can place transaction orders in the stock market through the brokers or directly by using online trading platforms offered by intermediaries.Opening a trading account is similar to opening a bank account. Investors can place transaction orders in the stock marcket through the brokerr or directly by using online trading platforms offered by intermediaries. For every transaction carried out by an investor, the broker charges a fee for the services they provide. Fees charged by intermediaries varies by customer, its portfolio, frequency and value of transactions made. Most times the fee is calculated as a percentage of the transaction value. MOHALI, India
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