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Showing posts from November, 2016

Parameters to be considered while choosing brokerage firm

Fees & Charges : When you are opening an account with a broker you should always carefully read their entire brokerage plan to understand how you will be charged if you open an account with them. Also, some hidden charges are involved sometimes. You should ask them for every hidden cost to avoid future misunderstandings. Nature of your trading : The broker which you decide also depends on how actively you are going to trade. If you are active traders then you must go for brokers who charges you the least. For traders who do not trade often this trading, fees is not a matter of concern. Additional Benefits : In addition to regular brokerage services often some brokers offers commission free ETF's(exchange traded funds) and MF's (mutual funds) with no transaction. If you are having a plan of keeping MF's and ETF's as a part of your portfolio then a broker who allows their clients to invest in these without transaction fees can be really helpful. Trading Tools ...

How to choose an optimum brokerage firm ?

While trading a huge sum of money is to be paid as brokerage. Therefore traders must be very careful while choosing brokers for themselves. Primarily we have three types of stock brokers : Discount Brokers : These are brokerage firms who facilitates you to carry out entire trading process in a hassle free manner. They provide you with all the required tools and research reports which you require to manage your portfolio. Discount Brokers offers services at lowest cost among these three brokers. Premium Discount Brokers : Investment advise is offered by them along with all basic services that a brokerage firm provides. These brokers charge more then discount brokers. Full Service Broker : These brokers offers one-to-one advise on investment and also trades on your behalf.They generally offer widest range of services among these three. The more service you choose more you pay.

How to begin with investment in shares in India?

Stock market is a platform where buyers and sellers meet for exchange of securities and other financial instruments. For investing in shares following are the easy steps to be followed: 1. Register to issue a PAN card PAN(Permanent Account Number) is a unique ten digit alpha numeric code issued by Income Tax Department to every tax payer. To begin with share trading having a pan card is mandatory. It serves the purpose of identity proof as well.In our country to enter in to any financial transaction having a PAN card is must. 2. Choose an optimum broker For buying or selling shares we can not directly go to exchange . A representative registered and licensed by SEBI(Security Exchange Board Of India) enable us to do us. They are called brokers. Brokers can be individual or even online agencies. Traders can save huge cost by choosing Discount Brokers for brokerage services. This amount saved can be used for making further investment in stock market and earn mo...