How to Start Trading Online?

Hi, I'm completely new to trading and just planning to start trading. I would like to know more details where to start? I've a PAN card with me already. Please help me in opening an account.
I would like to know
1. What kind of accounts i need to have to open online trading account.
2. Demat or trading A/C (Sorry, am not sure what is the difference?)
like sharekhan or religare etc.,
3. Bank Account to link trading A/C like SBI or ICICI?
4. Anything else i have to do to start trading?
5. What are the basic qns i need to know before opening a/c? (Like Cost per trade etc.,)

Please help me. Thanks in advance.

Ok. I did some research and find out that i need to have Demat Account and a Broker Account for trading. What is the difference between these two? Any advice pls?

hello parish...
no diff both r same....when u open demat a/c with any broker u get demat facility...i.e yr shares will remain in this demat a/c....yes u need online bank a/c which would be linked with yr broker...brokerage schemes depends on broker to broker....though not much diff...

Thanks for the reply.

Parish,

Being new to trading, I suggest you to visit a broker's office. Spend some time there. Get information and tell them that you are new for this market. They will give you some information.

Do this with so many brokers. Visit many broker's site. In this process, you will learn what information you need to start. It is good idea to personally speak to a trader if possible.

Do not be in hurry, take your time.

Good luck

u should have a PAN card
u can open a demat account. demat account is an account in which all shares u buy will be kept. just like a bank account where money is kept, this is an account where shares are held in electronic form.
trading account is a running account with your broker, where all your purchase and sales transactions will be recorded in financial terms and payments / receipts of money will be done
u have to open a bank account. some brokers may accept any bank account, which is already existing. But for on-line, they may insist on opening an account with some of their designated banks only.

hope this clarifies

everybody has told you a thing or two here, i would like to add to it that always remember currency trading is an extremely risky form of investment and is only suitable for individuals and institutions capable of handling the potential losses it entails. An account with an broker allows you to trade foreign currencies on a highly leveraged basis and since you are a beginner in Forex, dont go overboard with trading, keep it simple! it will help u in longer run!

thank you very much for the information