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.
- 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.
- 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:
- Research Thoroughly: Use the Research & Analysis section for stock analysis.
- Set Alerts: Use price alerts to track stocks.
- Monitor Investments: Regularly review your portfolio under the Portfolio section.
- Secure Transactions: Ensure secure login and logout practices.
Would you like help with any specific feature or more guidance on advanced trading strategies?