— by FTF Academy —
Stock Brokers
Here you’ll find everything you need to know about Brokers, how to start your own trading/investment account and grow your wealth as well as how to choose the best broker for yourself.
Here you’ll find everything you need to know about Brokers, how to start your own trading/investment account and grow your wealth as well as how to choose the best broker for yourself.
Zerodha is India’s first Discount Stock Broker with largest client base of over 36.02 lakh active customers and advanced in house technology.
Upstox is a discount broker backed by funding of Ratan Tata and Tiger Global and also provides free third-party premium subscriptions at the time of account opening and has over 21.4 lakhs active customers.
Angel One is one of the well-known independent full-service broker in India in terms of active clients on NSE offering a wide range of investment and trading services at the comparable to that of discounted brokers.
ICICI direct is one of the largest retail broker and financial product distributor in the country trusted by over 50 lakh customers. It is a part of ICICI Group which provides various investment choices such as stocks, mutual funds, bonds etc.
5paisa is one of the leading online stock brokers, publicly traded capital promoted by IILF with one of the huge client base over 1.2 million.
There are boatload of brokers offering many features. Every broker has their own advantages and disadvantages. What would work best for you now? Switching to a broker can also be difficult if you are starting an active investment. That’s why it’s important to start on the right foot. Compare the most reliable Indian brokers and choose the one that best suits your trading style.
(AMO) means placing orders post the market hours for the next day trading. In simple words, placing any orders for buying or selling equity derivatives and commodities after the stock markets have closed for the day.
Margin refers to money borrowed from a brokerage firm in order to leverage an investment. Buying on margin is like borrowing money to purchase securities. You pay only a certain percentage (margin) of the cost; the rest of the money is borrowed from the broker.
The key difference between a Demat and a Trading account is that a Demat account is used to hold your securities such as your share certificates and other documents in electronic format whereas a Trading account is used for buying and selling these securities in the stock market. The combination of Trading, Demat and savings account is known as a 3-in-1 account in the stock market.
A Mutual Fund is a collective saving and investment vehicle that pools the savings of a number of investors who share a common financial goal. Investors buy units of a particular Mutual Fund scheme that has a defined investment objective and strategy. The money thus collected is then invested by the fund manager in different types of securities such as shares, debentures, money market instruments, depending upon the scheme’s stated objectives. The income earned through these investments and the capital appreciation realized by the scheme is thus passed back to the investors as returns. Therefore, a Mutual Fund offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low-cost.
As its name suggests, Derivative is a financial contract whose value is derived from the underlying asset (the commonly used assets are stocks, bonds, currencies, commodities and market indices). The value of the underlying assets keeps changing according to market conditions. The basic principle behind entering into derivative contracts is to earn profits by speculating on the value of the underlying asset in future.
There are mainly 4 types of Derivative Contracts: Forwards, Futures, Options (Call options & put options) and swaps. However, swaps are not traded in the Indian stock market.