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WHAT IS ONLINE TRADING?
Trading is an activity in which people purchase as well as sell the items. People exchange money or some other items if they want to purchase something. In general, the trading is broadly divided into two parts, one is offline trading and other is online trading. Offline trading is the traditional way of marketing with which we are familiar very well. Online trading, we can understand from its name, this type of trading is done on the internet. Traders can sell and purchase goods and different products over the internet. There are many companies which do online trading.
ADVANTAGES OF ONLINE TRADING
Here are some advantages of online trading. They are listed below–.
- Low cost
If you go for online trading, then you don’t have to pay a commission to the third person in between. Through online trading, you can pay directly to the dealer.
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- More flexibility and control
The online trading system saves time. If you trade online, then you can trade multiple things at a time, which will save your time for sure. Also, the trading is done over the internet which provides better speed as compared to offline trading.
- Online tools
Online trading provides many online tools using which a trader can do trading in an optimized way. With the help of such tools, a trader can provide different offers to the customers which will attract them.
- Monitoring of investments
People can monitor how their investments are working in the real world. There are many websites which provide trading information to the traders.
DISADVANTAGES OF ONLINE TRADING
Here are some disadvantages of online trading. They are listed below–>
- People invest much money very quickly.
- There is no personal relationship between the dealer and the trader.
- Addictive nature
- Dependent on the internet
- Errors can occur because of computer mistakes.
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