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May 10, 2009

Things to be Verified After Getting Demat and Trading Accounts

This Information is to know what all are the necessary things to be verified after getting Demat Account. After getting your Demat Account and Trading Accounts open the covers you got and check for the details given Bellow.

1) Company Website address:
Your Broker's Website address is the most important one. You have to open this web page to
Log-In in order to buy Shares.

2) User Id (or) Customer ID:
User Id(or) Customer Id is an unique number given to the each and every customer. This ID should be used to Log-In in to your Demat and Trading Accounts.

3) Your Password:
Your password is like a key to open your Trading and Demat Accounts. Don't disclose this password to anybody in order to keep your Shares Secured.

4) Availability of Software for Online Trading (If you have opted for it):
Some Companies provide A special Software to make Online Trading Very Convenient and Fast. This software is very useful to monitor the scripts in real time by using java software. Prices of scripts will be updated automatically every second, sometimes may be less than that. And also buying and selling of shares will be very easy by using software. This software is very useful for Regular Traders and Intraday Traders.

5) Your Broker's contact number for Call Trading (or) Phone Trading:
Telephone Trading service is provided by all most all the companies. This service will be useful when you are out of your system or unable to buy shares online for any other reason. In such case you can Just call to your Brokers Call Trading Number and Place an order to buy or sell. You can also enquiry about the current price of any Company share Value.

6) Your Relationship Manager (or) Adviser:
Know who is your Relationship Manager or Adviser. He will help you in clarifying your doubts about your Broker's products and their services such as How to buy and sell, and where to get the transaction stament, and about bills, every Information that you need from your broker.

7) Your Broker's customer care number:
Know your Broker's Customer Number For getting more information about their products and offers and also be useful for Registering any Complaints.

If you find anything of listed above has not delivered to you after Checking, Immediatly call to your Broker's Customer care service number and confirm from them whether they are offering that particuler service or not. If they say they are offering that particular service, then ask them to deliver the same service to you.

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