Demat/Trading Account

I want to diversify beyond stocks, but sectors like Indian fintech and renewable energy seem risky due to high valuations and changing regulations. How do I weigh those risks? Additionally, can mutual funds or ETFs actually protect me if a sudden policy change impacts these sectors?

RTAs say they are flexible about marriage certificates, but the lack of a standard checklist is very frustrating. How can anyone know if their documents are sufficient when each RTA has different rules?

I see that swing trading could offer better returns, but I’m skeptical. Can a regular person really stay disciplined enough across market cycles without letting emotions take over? Does the significant investment of time and skill actually outperform the simple, "set-it-and-forget-it" reliability of index SIPs?

@Reema I'm still not convinced that first-time investors in India's fast-growing market lack the support they need. Are we just making it easier for people to be mis-sold risky products? Should platforms be required to educate us before allowing us to invest?

In India, brokers usually sell your oldest shares first (FIFO). For swing trades, use your broker's "tags" to keep them separate from long-term holdings. Pick stocks with good momentum, set stop-losses, and monitor the one-year mark to save on taxes.

@Ridhima01
You say trading requires a lot of skill. But isn’t finding strong stocks that perform well over many years just as difficult for the average person as short-term trading?

Zerodha is one of the most transparent brokers I have seen till now. They do mention the payment gateway charges. Dhan, Zerodha, and Groww offer zero brokerage on equity delivery. For intraday/F&O, it's typically ₹20 per executed order.

Zerodha has ₹300/year as a Demat AMC (Annual Maintenance Charge). Dhan and Groww don't have any Demat AMC. Account opening/maintenance fees differ for different platforms. Yes, there are some taxes like STT, GST, and stamp duty, which depend on the transaction.

You can start your investment journey through Zerodha, Groww, Angel One, 5paisa, and ICICIdirect; all of these platforms allow you to buy and sell listed InvIT units just like regular shares. InvIT investments and comparisons are also made easier by the Tata Capital Moneyfy platform.

Finology30 primarily focuses on long-term stock recommendations, bolstered by extensive research. Finology30 meticulously curates a portfolio of 30 stocks after conducting a thorough analysis. Because of its ease of use for beginners and the superior quality of the stock analysis, users consistently provide positive reviews.

FinShiksha is an educational platform that provides financial education and skill development. It offers courses on financial analysis, valuation, and investment banking. It is less focused on stock tips. This platform aids users in building a strong foundation in finance. The platform's offerings are more educational than advisory.

Vidfin presents itself as a video-based platform for stock and IPO analysis and financial learning. With the limited public information, users give mixed reviews on its reliability.

In conclusion, I recommend Finology30 as a good choice for long-term stock recommendations because of its balanced approach.

Zerodha and Angel One provide level 2 data, scanning, and advanced charting for intraday trading. Brokerage services are available on all three platforms for a minimum of ₹20.

Margin requirements may vary. Zerodha's Kite is quite famous because of its stability and tools. Groww is simple but has fewer features. Angel One provides traders who are risk-averse with a higher level of leverage.

You should consider factors such as an easy user interface, fees (brokerage, account maintenance), available assets (stocks, bonds, crypto), research tools (charts, analysis), security features, and customer support when selecting a trading app. These are some things that you need to keep in mind while choosing the trading app.

Zerodha is suitable for both new and experienced traders as it has low brokerage fees. If you are a beginner, consider using the Zerodha trading app due to its low brokerage fees.

Having multiple trading accounts has many benefits, like diversifying the risk factor, increasing the investments, strategy segregation, and many more, which increase the cost and complexity.

In India, there are some platforms like Zerodha and Groww, which are popular for providing more investment options.

But the ideal setup depends on your personal investment types and needs.

Monthly SIP is a suitable approach for small investments. For initial testing, choose the weekly or monthly investment to keep transaction costs low.

If you buy ETFs daily, then the transaction expenses will consist of different charges like exchange, brokerage fees (which vary depending on the trading platform you use), the Securities Transaction Tax (STT), stamp duty, and GST.

For quick and efficient demat transactions, you can explore brokers like Zerodha, Upstox, and Angel One or banking platforms such as HDFC and ICICI Direct.

You can expect fees for account maintenance (₹300-₹750 annually) and per-trade charges (₹20 or a percentage); discount brokers usually have lower costs.

You can start a demat account for your daughter, but she needs to be supervised by a guardian. You or your wife can be that person.

But there are some rules, such as:

Even though your daughter's name is on the account, you are the only one who can invest and make deals.

You are in charge of your daughter's demat account, but you can only invest in things through it and not trade.

There are some popular options like Zerodha and Upstox that have lower broker fees. There are some banks like ICICI or HDFC, also have facility of an integrated account but have higher charges. So research properly according to your investment goals and budget and then choose.

Yes, it's important to choose the best service provider for your Demat account, as it influences the cost, user experience, and customer support. For regular traders, Zerodha and Upstox are the popular choices because of their low brokerage costs and user-friendly platform.

For individual seekers, ICICI Direct is very convenient as it gives secure and broad experience. Although its prices are a little higher, it's simple to use, particularly if you have an ICICI Bank Account.