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A marketplace where people and institutions can purchase and sell ownership shares in publicly traded corporations is the stock market, commonly referred to as the equity market or share market. Stocks or shares are other names for these ownership interests. Companies can obtain capital through the public issuance of shares on the stock market, and investors can purchase these shares to have a stake in the company.
So now lets jump into the topic.
Nithin Kamath founded Zerodha in 2010, and since then it has grown to be one of India's biggest and most well-liked stockbrokers, particularly among small-scale investors and traders.
All trades costs Flat INR 20 per executed order no matter how many lots. And long-term investments have zero brokerage charge. Isn't that awesome??
* Charts and technical analysis: To assist traders in analyzing price movements and making wise trading decisions, the platform offers sophisticated charting tools and technical indicators.
* User-Friendly Interface: Kite provides a simple and intuitive interface that makes it simple for traders to place orders, monitor market activity, and effectively manage their portfolios.
* Watchlist: Traders can make and customize market watchlists to keep an eye on their preferred stocks, commodities, and other financial instruments.
* Real-Time Data: To keep traders informed of price changes and market trends, the platform provides real-time streaming market data.
* Order Types: Kite provides a range of order types, enabling traders to successfully implement their strategies. These order types include market orders, limit orders, stop-loss orders, and more.
* Mobile App: The Zerodha Kite mobile app enables traders to transact and keep tabs on the markets while on the go.
* News and Insights: To assist traders in staying up to date on market changes, Kite gives access to market news, research reports, and insights.
* Free Sensibull for all Zerodha users which helps in better trade analysis
The most attractive part is the referral program. You get 10% of the brokerage charge for every trade executed by your referrals for LIFETIME. Definitely worth it.
You can signup using my referral link: Zerodha Kite signup
Another well-known stockbroker in India, Upstox, provides an online trading environment where customers can buy, sell, and invest in a variety of financial assets. It is renowned for its technology-driven methodology and nimble platforms. As on my most recent knowledge update in September 2021, the following Upstox characteristics stand out
Just like Zerodha all trades costs Flat INR 20 per executed order no matter how many lots. And long-term investments have zero brokerage charge on Upstox.
* Upstox's "Pro Web" trading platform, which offers real-time market data, sophisticated charting tools, technical indicators, and order execution capabilities, is a feature-rich web-based trading platform.
* Trading Platforms: To accommodate traders and investors that favour various devices, Upstox offers a variety of trading platforms, including a web-based platform and a mobile app.
* Technical analysis is aided by Upstox's comprehensive charting capabilities, which include a variety of technical indicators and sketching tools.
* Upstox Pro Mobile App: "Upstox Pro" is a mobile app made for trading while on the road. It provides capabilities for order placement, charting, portfolio tracking, and real-time streaming data.
* Market Watchlists: To keep track of their favoured stocks, commodities, and other financial instruments, traders might establish customised watchlists.
* Commodities and Currency Derivatives: Upstox permits trading in commodities and currency derivatives on Indian exchanges in addition to equities.
You get INR 200 for every successful referral on Upstox. You can signup using my referral link to show some love: Upstox signup
I am not mentioning any other brokers because I have not had good experience with other brokers. Zerodha and Upstox stand out from all
So that's if in this post folks. Meet you all in my next post.