Also Read: How to reactivate a dormant demat account? MintGenie explains Trading through mobile phones enables you to have real-time access to key developments related to trading and investments. The main advantage of mobile trading is that anyone can also see market data at the same speed as brokers or registered clients. India pioneered online stock trading in the late 1990s, with the National Stock Exchange (NSE) leading the way with electronic or screen-based trading systems accessible via the internet.
This shift from traditional physical stock exchanges to digital platforms marked a significant milestone in accessibility and convenience. Also Read: Demat Account: What are the tax implications of transactions? NSE's introduction of the NOW platform for mobile devices in 2009 further expanded access to trading. Despite India's historic position as Asia's oldest stock exchange, equity market allocation has historically lagged behind other major economies.
However, there has been a noticeable shift in recent years, with households increasingly investing in equities, as evidenced by the surge in demat accounts and substantial inflows into mutual funds. The convenience of mobile trading has motivated young Indians to engage in equity trading. With the increasing trend of online trading, you might wonder about the accessibility of your account from anywhere in the world.
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