Actually at any age one can start investing in the share market as soon as one acquires some knowledge about the market and related aspects.
‘At any age’ may be explained this way:
Officially one can open Demat account and start trading and investing at the age of 18 provided the documents to be submitted are as an adult as per law of the land.
But an inquisitive guy under 18 may also start trading and investing in the name of other person/s but under not own name.
Today many teenagers are so investment conscious, tech savvy, knowledgeable that they are keen to try their knowledge in real trading investing. Since an adult can open Demat and trading account, they, being under age, they can do it after their parent’s name (if they agree).
Today there are number of brokers who have introduced mobile apps for trading and investing.
As a beginner, one can open Demat and trading account with Zerodha where 5 lakh plus clients have rested their faith for their unique services.
Brokerage: One of the lowest in the country. 0.01% or Rs 20/- whichever is lower per executed order across NSE, BSE and MCX for Intraday and Nil brokerage for investments (Delivery).
Client Knowledge/Education: They have a knowledge hub called Varsity for education of their clients regarding the basics of market, technical analysis, fundamental analysis, trading psychology, taxation, etc which will enrich each an every client.
Trading Platform: In this smart internet age Zerodha offers advanced and user friendly platforms like Pi for Desktop and Kite for Android/web/iOS.
Mutual Fund: They have introduced a platform called Coin for investing in Mutual Fund in both direct and indirect modes. One can start, edit and stop any time. You can keep all MFs in your Demat, get Profit & Loss statement.
Account opening: This Bengaluru based firm is innovative and they have online account opening facility for intending clients with online payment of Rs 500/- (Rs 300/- for Demat & Trading and Rs 200/- for Commodity).
You may visit their account opening page by clicking here: Open an online trading and demat account with Zerodha and enjoy the lowest brokerage
Aadhar based online account openimg has been introduced and it is very convenient and less time consuming.