Newbie Doubts! Help me

#1
Hi,

1. Is there any broker who give free demo account for practice?

2. What is the good platform for online trading of indian market? which has some good chart history.

3. I was learning forex before , in shares I know buy, sell but what is delivery mean?

4. Your suggestion for online DAY trading broker, who has good platform , low initial captial ?

5. In forex we can get the news that are going to announce in FF economic calendar or similar site, for stocks where can we get the news schedule?

Looking forward for your reply

THanks,
Logesh
 
Last edited:

manojborle

Well-Known Member
#2
Hi,

1. Is there any broker who give free demo account for practice?

2. What is the good platform for online trading of indian market? which has some good chart history.

3. I was learning forex before , in shares I know buy, sell but what is delivery mean?

4. Your suggestion for online DAY trading broker, who has good platform , low initial captial ?

Looking forward for your reply

THanks,
Logesh
1. This concept is with forex brokers, I think, they provide free demo account and a trading platform generally metatrader.
2. These are many, depends on your requirement
3. If you buy and sell on the same day then it is intraday or day trading whereas if you dont sell on the same day and hold it for a positional trade then it will be a delivery trade
4. There are many discount brokers available, so depending on your daily volume you can choose which best suits you.
 
#3
Hi,

1. Is there any broker who give free demo account for practice?

I don't know of any broker who gives a demo account, but some websites like Moneybhai, rediff money etc. have a facility for storing your virtual portfolio, which you can use for maintaining your trading records.


2. What is the good platform for online trading of indian market? which has some good chart history.
Sharekhan, Indiainfoline and Indiabulls have good platforms with good charting software. But these brokers aren't very cheap, specially for day trading.

3. I was learning forex before , in shares I know buy, sell but what is delivery mean?

Delivery means, in simple terms, non-intraday. It means that you are buying the scrip to keep it, maybe forever (or till its expiry) maybe to sell at a later date.

4. Your suggestion for online DAY trading broker, who has good platform , low initial captial ?
The discount brokers who have very affordable brokerages don't really have a good charting platform. Zerodha has come up with a new software called Ztrader but it's too new to base any decision on, and also I haven't tried it. The other members can comment better on it, those who are using it.

The other discount brokers are RKSV, RK Global etc..



Looking forward for your reply

THanks,
Logesh
The initial capital is your prerogative.
 

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