let's open a Demat account through which we are going to get live into buying stocks
what is required to Demat account?
a pan card
an account
Aadhaar card
I think they are more than enough but for the purpose of clarity I provided a link that would be helpful for
reference if not just try to google it there you will get more information
https://www.indiainfoline.com/about-demat-account/documents-required-to-open-demat-account
while opening a Demat account just beware of the charges like it varies from app to app person to person the
charges are more important
like some say opening an account in their app is free but you have to pay a maintenance charge for keeping that
account and some say opening the account is not free but account maintenance charge is less or minimal they are
many charges like
Annual Account maintenance fee
trading fee
brokerage fee
account opening fee
Dematerialization of share certificates
Rematerialization of share certificates
they are many apps out there what happens with them is the way they provide the service the way they take care of
the network, framework, app interface using experience the accessibility changes from app to app and charges they
are not the same for all apps what is our biggest task before trading is we should choose an app where we are
going to trade.
some of the apps for trading
ZERODHA
IIFL SECURITIES
GROW MORE
there are many apps still I cannot say which one is the best for that you have to compare yourself and know the
benefits of joining a particular app.
Wednesday, 25 August 2021
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