Is trading through the Internet a difficult and cumbersome process?
The experience of trading through Internet depends a great deal on the type of product offered by the site. Say, for example, one of the issues bothering you may be tired of the paperwork involved after every trade in writing cheques or TIFDs. You would then seek a system that eliminates these processes. In online trading sites, the greater the back-end integration of the system, the greater the amount of work the sites do for you, therefore greater the convenience available to you. For example, incase of ICICIdirect.com, your broking account, bank account and demat account are linked electronically. So when you punch in a buy or sell order, the system checks the funds/ shares availability and automatically credits/debits the accounts once the order is executed by the exchange. But I am not comfortable with Internet, or with finance, how can online trading be easy for me? Contrary to common perceptions, trading through Internet does not require either any expertise in working on the co
