HOW TO BUY STOCKS ON ICICIDIRECT.COM- 3-IN-1 TRADING PLATFORM-BOTH WEBSITE AND TRADER RACER DESKTOP.

HOW TO BUY STOCKS ON ICICIDIRECT.COM- 3-IN-1 TRADING PLATFORM-BOTH WEBSITE AND TRADER RACER DESKTOP.

ICICIdirect.com is a popular 3-in-1 trading platform that integrates your bank account, trading account, and demat account for seamless stock trading. Here’s a step-by-step guide on how to buy stocks using both the website and the Trader Racer Desktop platform.

Contents

📌 Step-by-Step Guide to Buy Stocks on ICICIdirect.com (Website):

Step 1: Log in to Your ICICIdirect Account

  • Visit
  • Enter your User ID, Password, and Date of Birth or PAN Number to log in.

Step 2: Fund Your Trading Account

  • Go to “Allocation” under the Equity/Derivatives tab.
  • Transfer funds from your linked ICICI Bank account to your trading account.

Step 3: Navigate to Equity Trading

  • Click on the “Equity” section from the main menu.
  • Choose “Place Order” under Equity.

Step 4: Select Buy Option

  • Choose the exchange: NSE (National Stock Exchange) or BSE (Bombay Stock Exchange).
  • Enter the stock name or symbol.
  • Select BUY as the action.

Step 5: Enter Order Details

  • Enter the quantity you want to buy.
  • Choose Order Type:
    • Market Order: Executes at the current market price.
    • Limit Order: Executes at a specified price.
  • Choose Product Type:
    • CNC (Cash and Carry) for delivery.
    • MIS (Margin Intraday Square-off) for intraday trading.
  • Review the order and click Submit.

How to Buy Stocks on Trader Racer Desktop (Advanced Platform):

Step 1: Download and Install Trader Racer

  • Download Trader Racer from the ICICIdirect website.
  • Install the software and log in using your credentials.

Step 2: Fund Transfer

  • Go to the Funds Transfer option in the Trader Racer platform.
  • Transfer funds from your ICICI Bank account to the trading account.

Step 3: Navigate to Market Watch

  • Create a Market Watchlist to track stocks.
  • Search for the stock you want to buy using its symbol.

Step 4: Place a Buy Order

  • Right-click on the stock name and select “BUY”.
  • Fill in the order details:
    • Exchange: NSE/BSE.
    • Order Type: Market/Limit.
    • Quantity: Number of shares.
    • Validity: Day/IOC (Immediate or Cancel).
  • Confirm and submit the order.

Tips for Successful Trading on ICICIdirect:

  1. Research Thoroughly: Use the Research & Analysis section for stock analysis.
  2. Set Alerts: Use price alerts to track stocks.
  3. Monitor Investments: Regularly review your portfolio under the Portfolio section.
  4. Secure Transactions: Ensure secure login and logout practices.

Would you like help with any specific feature or more guidance on advanced trading strategies?

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