DEMAT Account & Brokers
DEMAT - First Step To Start Trading
In the last blog we have learnt about the Indian Stock exchanges, indices, sectors and their stocks.
In this blog we are going to learn about how to start trading. Now a days because of the easy access to the internet and with the help of social media, 90% of people know how to start trading by opening a DEMAT account .
It's a very easy process of opening a demat account. As you have to choose best broker and you just need to visit their websites. After visiting the website you just have fill out the information like name, email id and phone number form and then either the representative will call you and help you to complete the process or else you can do it by yourself.
There are so many companies out there in the market with the exciting offers related to opening of demat account with their firm.
Some will charge zero opening account charges and you have to pay AMC charges. (AMC - It's basically annual maintenance charges which broker company will take annually to give you services.)
Some will charge you an account opening charge and will give a first year AMC free of cost.
But the interesting fact that I have found during my journey is that there are some brokers who are also providing stock market video course for beginners which are absolutely free. Those course are perfectly arranged in way that one should follow to learn the stock market and how they work.
I mean if someone providing something for free we should take it as early as possible.
I am giving you some name of the famous brokers. Go to their website and check out for exciting offers.
- Zerodha
- Upstox
- Angel Broking
- Share Khan
- Fyers
- Kotak Mahindra
And also I want you all to start browsing some websites which are very useful and gives you deep insight to the stock market. Some of them are as follows:
- Money Control
- Investing.com
- Stock Edge
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