Stock trading software means the software provided by the stockbroker, with the help of which the trader buy or sell stocks in the market. It is very easy to buy or sell a stock in the days of the growing technology day by day, with the help of your mobile and computer, wherever you can order to buy or sell stocks, and these orders get completed as soon as possible or in almost a few seconds. Therefore buying and selling stocks is possible in just a few seconds, with the help of the internet and the mobile apps and laptop/computer stock trading software provided by the Stock Broker.

And today the Stock Market is fully connected to the Internet, and you can see the ups and downs in the market every moment on both mobile and computer with the help of the software.

Types are stock trading software: The stockbroker provides the software to the use in three ways which are:

  • Web Browser Based Trading
  • Stock Trading Terminal on the Computer
  • Stock trading mobile apps

Generally, now all stockbroker gives you these three facilities to buy and sell stocks with the help of internet. In this case, you should already know from your stock broker what kind of trading platform they offering you. And you can also demand your trading platform at your convenience to the stockbroker.

How does stock trading software work

Trading platform provided by the stockbroker, whether on a computer or on mobile, these software programs give the user interface to the trader. In which it includes some command to send the orders of buy and sell of stocks. When a user sends an order to buy or sell on software, the stockbroker sends the order to the stock exchange NSE or BSE keeping in mind the adequate amount in the user's account. After getting the order the NSE or BSE completes the order in few seconds according to the demand and supply of stocks. And the confirmation of the purchase or sale of the stock is sent to the user by sending an SMS to his trading platform and mobile.

Author's Bio: 

I'm Mansi Dandekar, I am sharing an article about Basic terms used in Share Market. Here is more information on the Free Trading Tips and Free Commodity Trading Tips.