Demo Trading In Stock Market- Menaing, Advantages and Process- ICICI Direct (2024)

The non-broking products / services like Mutual Funds, Insurance, FD/ Bonds, loans, PMS, Tax, Elocker, NPS, IPO, Research, Financial Learning, ESOP funding etc. are not exchange traded products / services and ICICI Securities Ltd. is just acting as a distributor/ referral Agent of such products / services and all disputes with respect to the distribution activity would not have access to Exchange investor redressal or Arbitration mechanism.
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. Pay minimum 20% upfront margin of the transaction value to trade in cash market segment. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide NSE circular reference NSE/INSP/45191 dated July 31, 2020; BSE Notice no. 20200731-7 dated July 31, 2020 and NSE Circular Reference No. NSE/INSP/45534 dated August 31, 2020; BSE Notice No. 20200831-45 dated August 31, 2020 and other guidelines issued from time to time in this regard. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

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Features such as Advanced Charts, Watchlists, F&O Insights @ Fingertips, Payoff Analyzer, Basket Order, Cloud Order, Option Express, e-ATM, Systematic Equity Plan (SEP), i-Track, i-Lens, Price Improvement Order, Flash Trade, Strategy Builder etc., are offered by ICICI Securities. The securities quoted are exemplary and are not recommendatory. Such representations are not indicative of future results. ICICI Securities is not making the offer, holds no warranty & is not representative of the delivery service, suitability, merchantability, availability or quality of the offer and/or products/services under the offer. Any disputes regarding delivery, services, suitability, merchantability, availability or quality of the offer and / or products / services under the offer must be addressed in writing, by the customer directly to respective merchants and ICICI Securities will not entertain any communications in this regard. The information mentioned herein above is only for consumption by the client and such material should not be redistributed.

Name of Investment Adviser as registered with SEBI : ICICI Securities Limited
Type of Registration : Non Individual
Registration number : INA000000094
BASL Membership Certificate no- BASL1136
Validity of registration : Valid till suspended or cancelled by SEBI
Registered office Address : ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025
Telephone numbers : 022 - 6807 7100
Email id : [email protected]
Name of Principal Officer : Mr. Anupam Guha
Contact no : 022 - 6807 7100
Email id : [email protected]
Name of the Compliance officer: Mr. Nirav Shah
Contact number: 022 - 4084 0336
Email id : [email protected]
Name of grievance redressal Officer:- Mr. Sachin Ubhayakar
Telephone no. of grievance redressal Officer:- 022 - 6807 7400
Email id : [email protected]
Corresponding SEBI regional / local office address : Securities & Exchange Board of India, Plot No.C4-A, 'G' Block Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra

SEBI Research Analyst Registration Number - INH000000990 Name of the Compliance officer (Research Analyst): Mr. Atul Agrawal Contact number: 022 - 40701000

Email id: [email protected]

None of the research recommendations promise or guarantee any assured, minimum or risk free return to the investors.

Disclaimer :Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Attention Investors : Prevent unauthorized transactions in your account. Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.... Issued in the interest of Investors (Ref NSE : Circular No.: NSE/INSP/27346, BSE : Notice 20140822-30.) It has been observed that certain fraudsters have been collecting data from various sources of investors who are trading in Exchanges and sending them bulk messages on the pretext of providing investment tips and luring the investors to invest in bogus entities by promising huge profits. You are advised not to trade on the basis of SMS tips and to take an informed investment decision based on authentic sources.... issued in the interest of investor of investor (RefNSE : circular No.: NSE/COMP/42549, BSE:Notice 20191018-7)

ICICI Securities Limited:

Registered Office:
ICICI Venture House,
Appasaheb Marathe Marg,
Prabhadevi, Mumbai - 400 025, India
Tel No: 022 - 6807 7100
Fax: 022 - 6807 7803

CIN: L67120MH1995PLC086241

For any customer service related queries, assistance or grievances kindly Call us at 1860 123 1122 or Email id: [email protected] to Mr. Bhavesh Soni

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ICICIdirect.com is a part of ICICI Securities and offers retail trading and investment services.

Member of National Stock Exchange of India Limited (Member code: 07730), BSE Limited (Member code: 103) & Metropolitan Stock Exchange (Member code: 17680),Multi Commodity Exchange of India Limited (Member code: 56250) SEBI Registration number INZ000183631

Name of Compliance Officer (Broking): Ms. Mamta ShettyE-mail Address:[email protected]/ Tel No: 022-4070 1000

Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Please note Brokerage would not exceed the SEBI prescribed limit.

Margin Trading is offered as subject to the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017 and the terms and conditions mentioned in rights and obligations statement issued by I-Sec.

Account would be open after all procedure relating to IPV and client due diligence is completed.

ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Mumbai - 400025, India, Tel No: 022 - 6807 7100, Fax: 022 - 6807 7803. Composite Corporate Agent License No.CA0113. Insurance is the subject matter of solicitation. ICICI Securities Ltd. does not underwrite the risk or act as an insurer. The advertisem*nt contains only an indication of the cover offered. For more details on risk factors, terms, conditions and exclusions, please read the sales brochure carefully before concluding a sale.

Responsible Disclosure: In case you discover any security bug or vulnerability on our platform or cyber-attacks on our trading platform, please report it to [email protected] or contact us on 022-40701841 to help us strengthen our cyber security.

Demo Trading In Stock Market- Menaing, Advantages and Process- ICICI Direct (2024)

FAQs

Is demo trading really useful? ›

Live Market Information: Demo trading accounts are important because they give traders the chance to access real-time market information.

What is the advantage of ICICIdirect? ›

Experience the revolutionary ICICI Direct Prime plans with a significantly enhanced and powerful proposition. You can get lower brokerage of upto 0.07% along with payout within 5 minutes on selling of shares and also interest rates as low as 9.69% when you buy stocks today and pay for them later.

What is demo trading in Indian stock market? ›

A demo trading account helps build confidence in a person who is interested in trading stocks but not aware of how to do it. It also helps in understanding the risks involved in stock market trading which a trader must consider. It uses no real money, thus your hard-earned money is safe with a free demo trading account ...

What is demo stock? ›

A demo account allows users to buy and sell stocks using paper trading, but test those trades under real, live market situations. According to TD Ameritrade, their proprietary platform, "TickerTape", is a trading simulator from which an interested investor can trade without risking a dime, in a real-time environment.

Can I withdraw from a demo account? ›

You cannot withdraw money from demo Forex accounts because they are intended for practice and use virtual funds. Real withdrawals are only possible from live or real trading accounts where you have deposited real money. Demo accounts are for learning and testing purposes without risking actual capital.

How accurate is demo trading? ›

In a demo account, it is hard to know which orders would actually have been executed in the live market. This is true of entries and exits, and thus results attained from a demo account are highly subjective at best, and completely inaccurate at worst.

What is the difference between demo and real trading? ›

Difference Between Trading on Demo Accounts and Live Accounts. Demo accounts allow traders to practice with virtual money, while live accounts involve real market conditions and consequences. Transitioning to live trading involves emotion management and understanding market dynamics.

Is demo trading free? ›

All the demo trading accounts are free and work as a gateway for investors to start trading with real money when they feel comfortable and have practical knowledge of placing stock market orders and trading.

Which app is best for demo trading? ›

This section will discuss the standout features of the 8 best demo trading platforms in 2024.
  • MetaTrader 4 and MetaTrader 5. Metatrader 4 (MT4) and MetaTrader 5 (MT5) are popular trading platforms that support demo trading. ...
  • Thinkorswim. ...
  • TradingView. ...
  • eToro. ...
  • Plus500. ...
  • NinjaTrader. ...
  • Robinhood. ...
  • IQ Option.
May 16, 2024

How long should I trade demo? ›

A good rule of thumb is to continue demo trading until you can consistently demonstrate profitability over a significant period. In other words… YOU SHOULD DEMO TRADE UNTIL YOU DEVELOP A SOLID, PROFITABLE SYSTEM BEFORE YOU EVEN THINK ABOUT PUTTING REAL MONEY ON THE LINE.

How to start demo trading? ›

Register for a free demo account
  1. Create an account. credited with $100K to build your virtual portfolio.
  2. Practise investing. a variety of assets: stocks, crypto, commodities & more.
  3. Discuss strategies. and learn from top-performing investors.

Do demo accounts affect the market? ›

Demo trading accounts simulate real market conditions but do not grant access to the interbank market. Using a demo account helps traders avoid delays or slippage in executing positions. Slippage occurs in live trading when orders are executed at less favorable prices due to fast market changes.

Can you make money on a demo account? ›

No, demo accounts are virtual trading accounts. Trading conditions for demo accounts are exactly the same as real accounts, but funds are completely virtual. The purpose of demo accounts is to give traders a way to practice trading.

How long should I demo trade? ›

Once you deal with those complexities and understand how trading will fit into your real life and you are consistently profitable for several months, you may be ready to trade. Four to six months is a good timeframe to demo before going live (that is four to six months of consistent profit).

What are the benefits of demo mode? ›

The purpose of Demo Mode is to allow potential customers to explore and assess the product, software, or application before committing to a purchase or signing up. It helps users make informed decisions by giving them a firsthand experience of the product's features and capabilities.

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