Presumably you are an adult
and you are interested to start trading in the market. As a student you are
expected to be decent in using smartphone or computer.
Generally a student is a fast
learner, eager to experiment, has lot of dreams ahead, hard working, has time
and not much money.
So, if you wish to enter stock
market, you have choose a broker who has low maintenance charges, low brokerage
and other low/no costs so that you can avoid spending a major portion of
profit/investment on paying various charges.
Thus, discount brokers will be
your first choice for their low charges. There are number of brokers in the
category like Zerodha, Fyers, Traderjini, RKSV and many more.
You can open your account with
Zerodha who is a technology based broker from Bengaluru becoming the first ever
discount broker in India in 2010 and today they are the fastest growing and the
largest discount broker in India with 1+million clients.
They have won
- National Stock Exchange (NSE) “Retail brokerage of the year 2018”
- Outlook Money “Retail broker of the year 2017”
- Ernst & Young “Entrepreneur of the year (Startup) 2017”
They have transformed the
broking business so user friendly with various advanced products and
facilities.
·
They have
advanced trading platforms KITE and Pi for
mobiles and desktops with advanced order placing systems. They have
platform COIN for investing in Mutual Funds directly from fund
houses paying less.
·
Their brokerage
plans are one of the lowest in the country. You have to pay 0.01% or Rs 20/-
whichever is lower per executed order for INTRADAY and NO brokerage for
DELIVERY.
Details are in the chart:
·
It means if you
buy 50 shares of a certain stock at Rs 100 per share and sell them at Rs 105/-
per share on Intraday mode your actual gain will be Rs 247.17 excluding all
charges.
Note: The above calculation is
prepared as per the Stamp Duty rate of UP (Stamp Duty is a state duty)
So, you pay only Rs 2.83 as
sum of various charges.
·
They have a 1000+
strong supprot team for addressing issues in various languages through mails,
sms and calls.
You can open your account
online with Aadhar, PAN and Bank Details in a few minutes.
Open an online trading and demat
account with Zerodha and enjoy the lowest brokerage