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What is offline trading?

Offline trading is when you don't buy/sell shares online. That is when you place your
order to a broker who then buys or sells them for you. Earlier when online trading
facilities were not there one had to do trading offline only. Now that everybody has
access to computers and internet people normally prefer trading online only. There are
basically three reasons behind it.
One that the charges for offline trading are more than online.

Second, there is no transparency in offline trades. Whatever the broker tells you, you
have to take it. In online trade the trade actually happens in front of you and you
yourself place the order with a price. So there is no question of transparency not being
there.

Third, the process is very cumbersome in offline trading. In online trading since your
trading account is linked to your demat account the shares automatically get debited or
credited to your account, whereas in offline trading one has to fill up details and sign a
preprinted slip and give it to his broker if he has sold any shares so that they can get
transferred to the person who has bought them.
https://www.quora.com/What-is-offline-trading

why offline trading converts to online trading nowadays?

Online trading continues to grow in popularity. More than 14 million households in the
U.S. are signed up with an online trading service, according to data from Statista, a
statistics company.

With online trading, or e-trading, traders make all their decisions themselves. Such an
approach to trading differs from using a stockbroker, as the broker typically offers
input and advice.

Regardless of how you trade, there’s always risk online and off. The following list
outlines the advantages and disadvantages of online trading.

5 benefits of online trading


1. Lower fees

One of the clearest advantages of online trading is the reduction in transaction costs
and high fees associated with traditional brick-and-mortar brokerage firms. Typically,
you’ll pay between $5 and $10 to buy and sell stocks and exchange-traded funds at
online discount brokerages, according to a Bloomberg report.

2. More control and flexibility

Time is often of the essence when you trade stocks, so the speed of using online
trading portals is a benefit to many investors. With online trading, you can execute a
trade almost immediately. Traditional brick-and-mortar brokers might require
appointments, either online, over the phone or in person, just to initiate a trade.

3. Ability to avoid brokerage bias

By taking trading into your own hands, you can eliminate brokerage bias. Bias
sometimes occurs when a broker gives financial advice that benefits the broker —
such as in the form of a commission for selling specific mutual funds and other
products.

4. Access to online tools

In the world of online trading, a lower cost does not necessarily mean a shoddy
product. Many of today’s online trading companies offer customers an impressive suite
of tools providing valuable information and helping optimize trades.

5. Option to monitor investments in real time

Many online trading sites offer stock quotes and trade information that make it easy
for people to see how their investments are doing in real time.

https://www.seattletimes.com/business/some-pros-and-cons-of-online-trading/

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