Knowledge Center Fundamental Analysis
Trading is more simplified nowadays. Trade can be made from anywhere and everywhere with the help of an online trading account. With good fundamentals and technical knowledge, a trader can book high profits and help you earn more than any other investments.
Traditional investments are insurance, bank deposits like fixed deposits, recurring deposits, savings accounts, and post office schemes. People prefer these investments mainly for safety, but the return is limited. Recently, the bank's deposit rates are declined because banks started earning from loan interest. So banks reduce the bank deposit to frame the difference. Relatively, investing in equity helps the investor make money over some time.
Trading is easy and flexible in buying or selling the shares in a small amount with low transaction costs. Investors can opt for the help of a stockbroker for stock recommendations. Stockbrokers help their clients with expert direction to buy/ sell the stocks. Stockbrokers are the brainpower of market knowledge; they work with low brokerage as their aim is volume. Though trading is online today, assigning a stockbroker helps the investor avoid the typical situation as the market cannot be predicted easily.
Opening an online trading account is so simple today as every process is done over the internet, and hence the expenses like conveyance cost, stamp duty, etc., are our worries list. The brokerage fees may vary between minimum and zero, depending on the stockbroker. To start with, a small amount is always safer. Increase the investment gradually as you learn and earn. The benefits increase as the success rate for trading increases. The most practical use is trading can make your life-changing financial status.
First, you have to sign the application (KYC) or Online EKYC process to submit the following documents needed.
1. Pan card
2. Aadhar card
3. Bank account
4. Passports size photos