In stock market it is said that ‘Learning is Earning.’
And as a beginner, you must gather some knowledge about the market.
For this
- You can go through a lot of stock journals, books, websites, etc.
- You can keep on watching related videos on youtube, TV Channels.
- You can follow successful traders.
- You have to open Demat and Trading accounts with a good firm.
- You have to start trading or investing cautiously and this will help you learn get confidence.
- Then you will be in need and will gradually develop methods suitable to you which you will use to trade in stocks, viz. Technical Analysis, Fundamental Analysis.
To start trading and investing in stocks in Indian Stock market, if you make a survey, you will find that Zerodha, a Bengaluru based company has emerged as the leading discount brokerage company in India with 3.50 lakh+ clients and sharing 5% of daily retail trading volumes across NSE, BSE, MCX.
What they offer:
- Varsity: This is the one of its kind open online education portal displaying 10 Modules of simplified knowledge in stock market covering options trading, fundamental analysis, commodities, technical analysis and more.
- Pi & Kite: These are two Advanced Trading Platforms.
- Pi is a desktop trading application built by Tradelab. Trading, charting, scripting, and analysis, all rolled into a Windows desktop trading platform.
- Kite is A slick, full fledged HTML5 trading platform with streaming market data, advanced charts, an elegant UI, and more on your Android and iOS devices.
- Coin: They have Coin which is a platform that lets you buy mutual funds online, completely commission-free, directly from asset management companies. If you wish to go for recurring investment, this the best for you as this will earn you additional gain of 1% to 1.5% which in case of buying MFs from other agencies, the distributor earns an upfront commission of upto 1.5% on your investment and a trail commission of upto 1.5% every year for as long as you are invested in the fund.
- Open Trade: You have a big opportunity that you can receive realtime trade updates from profitable traders. Pick and follow traders based on their trading style and verified profitability report. A great way to improve trading skills.
- Quant : A personal trading journal with insights on your best trading periods, most profitable streaks, optimal position sizes, contracts, and more, all intelligently compiled from your past trading behaviour.
- Brokerage: They charge lowest in the country.
- All your Equity delivery investments (NSE, BSE), absolutely free — ₹0 brokerage.
- ₹20 or 0.01% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades across NSE, BSE, and MCX.
- Customer Support:
- 500+ strong Multilingual support team to answer your queries over phone and e-mail. Country wide network of partners to offer regional support.
- For all Answers to questions on trading and markets they have TradingQnA, a community powered question and answer platform.
- For other info they have Z-connect.
- Account opening: They have introduced online facility of opening your accounts (Demat, Equity, Commodity) instantly with AADHAAR at a very nominal price of Rs 500/-.
- You may go for Zerodha: Open an online trading and demat account with Zerodha and enjoy the lowest brokerage