Through broker option will be better or online trading is better?
Can anybody name the site which is offering simultaniously both rates.
2007-03-03 05:34:11 · 3 answers · asked by magi 1 in Business & Finance ➔ Investing
Both rate can be seen on ICICIdirect.com .If some one has knowledge of the market then he can on line trading otherwise broker is best
2007-03-03 05:43:12 · answer #1 · answered by bhaskar c 1 · 0⤊ 0⤋
In my opinion on line trading is better than through the broker place in one respect because Internet trading can be done at your place and you are not aware about the rumours in the market which put most of the people in losses. You are making purchases and sales of your shares with some strategy and you also free to do some other work. Apollo Sindhoori Capital Investment Ltd is providing common screen where both the rates of BSE and NSE displays. For more information you can contact nfc20006@yahoo.com
2007-03-03 22:28:17 · answer #2 · answered by Anonymous · 0⤊ 0⤋
This type of trading, buying low on one exchange and selling high on other exchange, is called as "arbitrage". It is not generally remunerative to the general investors unless the difference is pretty high in the prices on both the exchanges. Additionally you need a fast connection to execute the orders simultaneously as the rates keep changing pretty fast.
Think of brokerages you will pay on both the trades, delivery charges, cash needed for purchases et al and calculate the minimum difference that will be needed to make the transaction profitable for you.
"icicidirect" provides rates of both the exchanges simultaneously.
If your broker is good and offers quality service to you, usually the brokerages charges are on lower side than the online ones. But in online trading you can keep track of lots of parameters and take a decision on the dot.
Best of luck.
2007-03-06 01:54:49 · answer #3 · answered by Nitin G 7 · 0⤊ 0⤋