The
Indian Diaspora worldwide holds a lot of monetary assets and their wish to
invest in India and multiply their wealth can be done by investing in the local
stocks, shares, commodities, and derivates through the services of registered
online brokers.
There
are several procedural steps to be followed before you can begin NRI online trading such as registering for a
permanent account number of PAN card, a valid bank account for trade settlements,
and an online stock market trading account with a registered online brokerage
firm. Having completed these steps, a NRI individual can now access the markets
and begin his trades.
One of
the best ways to trade in stocks, shares, and other financial instruments is to
register with an online stock broker. Research should be carried out before making
any commitments to ensure that you have selected one of the reliable and
well-known numbers of online stock brokers. Basically, they will offer their
registered clients an online investment portal for all their trading and
financial requirements.
For
individuals who wish to expand on their day trading activities, there is the
option of becoming a sub broker; a sub broker is defined as any individual who
is not a trading member of a stock exchange, but acts of behalf of a trading
member. Gaining experience through an online brokerage portal could be the best
way to learn how to become a sub broker, provided you obtain the
certificate of registration from SEBI and meet the terms and conditions set
them.
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