Online trading is a technology where investors can buy and sell shares via computers, laptops, tablets or mobiles through the use of internet. Investors anywhere in the world will be able to trade by entering share purchase/sale orders through the internet.
By the use of online platform, the trader can place the orders or cancel them any time. Online Trading System has huge edge over the traditional system of placing your orders through brokers.
In order to trade shares online, the investor has to go to the broker office and get the KYC updated first by filling the form. Investors cannot engage in online trading until the KYC is updated. Those who have chosen an online account can trade online. One with an offline account can only trade through a broker.
The broker verifies the KYC form, opens the investor’s account in the Trading Management System (TMS) and sends the username and password to the e-mail address. Investors will be able to trade using the trading limit and URL provided by the broker by resetting the password.
The broker office will also provide TMS Login URL. Through this URL, the investor can enter into Nepse Online Trading System (NOTS). Each broker has different TMS Login URL. To View the TMS Login URL of your broker, click the link below:
Source: https://www.investopaper.com
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