General help on stocks

GB!

New Member
#1
Hello,

I'm new to investment and stock trading and I'm willing to get some information about it.

I want to start up with stock trading, can anyone here help me?

And what is demat account?

Thank You!
 

Class

Active Member
#2
Hi again GB,
Just replied to one of your other posts. Search for the thread Beginners Guide to give you solid foundation of trading.

A Dmat account stands for De Material. Instead of receiving physical share certificates the Dmat account holds your shares electronically.

You will need a bank account, Dmat account and Brokerage account. You will move money from your bank account to Dmat account in order to trade in your brokerage account and when you sell shares you can transfer the money back to your bank account.

That's the basics, there are more comprehensive explainations and discussions on this topic already in the forum.

All the best.
 

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