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What are the best practices for securing a trading account?

The best practices for securing a trading account are as follows:

  • Never share the login ID, password, or 2FA authentication with anyone.
  • Do not trade based on tips from WhatsApp groups, Telegram channels, Twitter, etc., without completely understanding the product and risks.
  • If advisors are involved, ensure they have an investment advisor license and look it up on the SEBI website.
  • Do not trade in leveraged products like options without completely understanding the risks.

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