As a swordsman keep his sword sharp enough, you should also use best resources available for trading or investment.
As you will be aware that you need and a demat and trading account in order to do investment in stock market. There are tons of brokers who provide both and charge their customer on flat or percentage basis.
I have been using Zerodha for a year. I have been impressed with their platform which is quite impressive. Their charges are also transparent and flat against other brokers who usually charge percentage basis. Zerodha do not charge anything for delivery based trading. Delivery based trading means you buy a stock and sell it after a day, i.e. same day buying and selling is not included in delivery based trading.
Open an online trading and demat account with Zerodha and enjoy the lowest brokerage
Have look on their clean and elegant UI.
Read: Start investing now, Learn Fundamental analysis
List of charges for account are as follows
Type | Charges |
---|---|
Trading Account Opening Charges (One Time) | ₹300 |
Trading Annual Maintenance Charges AMC (Yearly Fee) | ₹0 (Free) |
Demat Account Opening Charges (One Time) | ₹100 |
Demat Account Annual Maintenance Charges AMC (Yearly Fee) | ₹300 |
Some long-term investors get worried that whether they should go for new brokers such as Zerodha. Zerodha is been operational for 7 years. Any investor should not worry about Zerodha or any broker as their holdings (shares purchased) lies with CDSL/NSDL. And your broker is just an intermediary between you and the stock exchange.
Open an online trading and demat account with Zerodha and enjoy the lowest brokerage
In the end, you can choose any broker whichever makes you feel comfortable.
Money saved is money earned.
I hope this post has been informational.