How To Choose Broker?

How to choose broker?

Before opening an account 3 points we have to check!

*Safety of our investment

*Brokerage charges and annual charges

*Technology (easy)

Basically in the market every brokers are SEBI(securities and exchange board of India) regulated,  or  NSE(national stock exchange)/BSE(Bombay stock exchange) regulated.


As you know today every registered school and college's are not good enough.

Same as every registered brokers are not good.

For better safety we should open an account with top brokers of the country.


So always choose safe and reputed brokers.

That's why we will analys on top 5 brokers of the country.

Now let's talk about charges

Usually in dmat & trading account you have to pay three types of charges

1st- account opening charges ( one time payment only )

2nd-  yearly maintenance charges.
3rd- brokerage.

If you trade or not you have to pay yearly maintenance charges. That's why it should be minimal.

Brokerage
In the stock market some brokers charges you exact percentage on you trading so it should be minimum also.

To save this charges you can open an account in discount brokers. They don't have more physical offices but their applications are very good simply disigned and easy to use.

These discount brokers are entered as a game changer in these share market industry.


Top 5 brokers of the India.

ICICI securities

HDFC

Zerodha

Axis

Sharekhan

There's only one discount broker and that is zerodha.

I'm also using zerodha

When you open an account in zerodha they will ask you for POA( power of attorney)

Because if you don't send your POA then you won't be able to sell your shares from your trading account.


So however I personally suggest you to open dmat account in zerodha


Hope you guys earn more n more n more in stock market

Thanks for visits.!!