TOP 5 STOCK BEOKER IN INDIA 2021

 TOP 5 STOCKBROKER IN INDIA 2021

If You Are Looking In Search Of A Good Stockbroker You Have Landed On The Right Page. In This Article, You Will Get To Know The Top 5 Stockbroker In India 

Investing in the stock market has become one of the most sought investment methods nowadays. Due to ease of investment, convenience, and liquidity, investors have started looking for the TOP 5 STOCK BROKERS IN INDIA

If you are thinking about seriously investing in the stock market, then you need a broker who has good infrastructure in terms of platforms and connectivity. So it is important that you open your account only with the top 5 stock brokers in India 2021 for your trading needs.

WHAT DO STOCKBROKERS DO?

A stockbroker is a middleman who has the authority to buy and sell stocks and securities in a stock exchange on the investor’s behalf

Stocks are traded through exchanges. However, an investor cannot directly trade in stock exchanges. To buy a stock or sell a stock through exchanges, you need an intermediary who will help you with the transaction. This middleman can be a person or a company that is authorized to buy and sell stocks and other securities on your behalf. Such a person or a company is known as a stockbroker. Stockbrokers are generally associated with a stockbroking firm, but they can also be independent people. For providing this service, a stockbroker charges a commission or a fee.

TOP 5 STOCK BROKERS IN INDIA 

1. Zerodha

Zerodha is  India's biggest stockbroker offering the lowest, cheapest brokerage rates for futures and options, commodity trading, equity, and mutual funds.

Zerodha works on an online discount brokerage model wherein only online trading services are offered to customers. It heavily uses technology to serve its customers and has very few branches & offices.

BROKERAGE - Zerodha offers 20rs/- per trade plan which is exclusively very cheap in the broking industry from the beginning 

CLIENT BASE - Zerodha having a good client base in terms of its competitors in the market, it has approx  3,602,074  active clients which are working actively

PLATFORM- Zerodha having a great trading platform called kite it has an easy and good user interface web and mobile both platform

2. Upstox

Upstox is a Mumbai-based discount stockbroker. Upstox offers a fast, reliable & easy-to-use trading platform for traders in the Indian stock market. Upstox is an online investment brand of RKSV Securities. Incorporated in 2009, RKSV is a Mumbai, India-based SEBI registered financial service provider.

BROKERAGE -  Upstocks offers 20rs/- per trade plan for buying and selling for securities

CLIENT BASE - Upstocks having a good client base, it has approx  2,141,095 active clients which are working actively

PLATFORM- Upstocks having a trading platform called Upstocks pro it has an easy order placing the facility 

3. Icici Direct

ICICI Direct is a retail trading and investment service of ICICI Securities. It offers services online as well as through a network of branches across India. ICICI Direct offers a 3-in-1 account, a combination of a saving bank account, stock trading account, and a Demat account.

ICICIdirect is the largest retail broker and financial product distributor in the country trusted by over 50+lac customers with over 2 decades of service 

BROKERAGE -  Icici Direct offers 15s/- per trade plan for buying and selling securities for intraday

CLIENT BASE - Icici Direct having approx  1,580,233 active clients which are working actively

PLATFORM- Icici Direct having a trading platform and it provides the best facility called margin funding at just 8.9% p.a. 

4. Angel Broking

Angel Broking Limited is one of the largest independent full-service retail broking houses in India committed to providing accurate and widespread data for every online share trader

Angel Broking is an Indian stockbroker firm established in 1987. The company has more than 8500 sub-brokers and franchisee outlets in more than 900 cities across India. The company's services include online stock broking, depository services, commodity trading, and investment advisory services.

BROKERAGE -  Angel Broking offers 20rs/- per trade plan for buying and selling for intraday

CLIENT BASE - Angel Brokinghaving approx  1,564,667 active clients which are working actively

PLATFORM - Angel broking having a good user interface in mobile app and have so any feature including margin funding and investment in a mutual fund, IPO, and other schemes also.

5 . IIFL Securities

IIFL Securities Limited (Formerly India Infoline Limited) is one of the largest independent full-service retail and institutional broking house along with being a leading investment advisory firm in India providing diversified financial services and products to corporates, institutional investors

IIFL Holdings Limited d/b/a IIFL and India Infoline is an Indian diversified financial services company headquartered in Mumbai. The organization was founded by Nirmal Jain

CLIENT BASE - Iifl Securities  having approx  291,730 active clients which are working actively

PLATFORM - Iifl Securities having a good user interface which traders and investors can find and place orders in very little time.

A good broker will provide full service to his/her client. this is for knowledge purpose choose your broker which you trust the ost . in this article you can know how to choose a good broker in multiple types of facilities

THANKS FOR READING.

  5 Great Books for Stock Market Beginners

Books are considered the best friends of humans in a real sense, and it is said that they are also the best companions of humans. They play a significant role in humans life. Books give plenty of joy to humans, and they learn a lot of things from books. They take them into a unique world of imagination and improve their standard of living. And when it comes to money investing. we must read about the  Books for Stock Market Beginners

Here is a list of some of the most essential Books for Stock Market Beginners.

1. The Intelligent Investor-Benjamin Graham

Mr. Benjamin Graham, the mentor of the greatest investor of all-time Mr. Warren Buffet wrote this book. It is called the bible of the stock market for good reason.

The fundamentals of the stock markets are explained brilliantly. There are 3 parts to this book. First, investing approach taken by a defensive investor. The second and Third concepts explain market behavior and risk management.

 

2. The psychology of money- MORGAN HOUSEL

The psychology of money is the study of our behavior with money. ... It's about behavior. And everyone is prone to certain behaviors over others. Once you become aware of your tendencies, you can harness the power of your own mind, your thoughts, and your will—and you can literally change your life

The Psychology of Money by Morgan Housel is comfortably the best personal finance and investing book I've read. ... This is a break from the convention of a typical book, which is to make a few good points and then waffle on endlessly for over 300 pages 

3. Rich Dad Poor Dad - Robert T Kiyosaki

Rich Dad Poor Dad is Robert's story of growing up with two dads — his real father and the father of his best friend, his rich dad — and the ways in which both men shaped his thoughts about money and investing.

Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes that each of us has the power to makes changes in our lives, take control of our financial future, and live the rich life we deserve. With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education

4. How to Make Money in Stocks - William O’Neil

How to Make Money in Stocks is a seven-step guiding reference for minimizing risk and maximizing gains to build a generation of wealth for investors. The book is enlisted with strategies that allow for finding winning stocks before making big price gains. It also provides tips for better investment of money in stocks, mutual funds, and ETFs to maximize gains

5. Stocks to Riches – Parag Parikh

The entire truth of the stock market in India is explained by Mr. Parikh excellently in the book

.

The book itself is written in very simple and understandable language. The book highlights the mistakes you could make as an amateur investor. Remember, learning from your own mistakes is not free in the stock market as a lot of money is at the stake.

So these are some of the important books for stock market beginners. we will come back with some advanced books for experience and technical analysis

Top 5 Free Charting Platform

 

HERE ARE THE TOP 5 FREE CHARTING PLATFORM

The trading chart displays information that can help you decide when to enter and exit a position. There are many kinds of trading charts: bar charts, line charts, point and figure, market profile, and candlesticks. For this example, we’ll focus on the Charting platform, Which is available for free and these are commonly used chart types.

1. Trading view

TradingView is a cloud-based charting and social-networking software for both beginner and advanced active investment traders. Basic charting, research, and analysis information are available with a free account.

Trading View is an online web-based (works in a browser) charting platform with lots of useful features. You can use it to track prices and analyze Forex pairs, stocks, cryptocurrencies, commodities, and many other tradable asset including government bonds.

2. Google Finance

Google Finance provides real-time market quotes, international exchanges, up-to-date financial news, and analytics to help you make more informed trading The google finance function allows you to import real-time financial and currency market data straight into Google Sheets. As well as enabling you to track current stocks and shares information, it can also be used to retrieve historical securities data

Google Finance is one of the best places to get a large volume of stock quotes and financial news as you explore your various investment options before investing your money. In addition to having a ton of outstanding information on thousands of companies, Google Finance also has an excellent Portfolio tool

3. ChartInk.com

Chartink.com provides tools for technical and fundamental analysis. We provide the following tools free of cost. Candlestick & PnF Charts. Custom Stock Screeners. Intraday Charting & Scans.

Chartink provides tools for technical and fundamental analysis. It provides the following tools free of cost. Candlestick & PnF Charts, Custom Stock Screeners, Intraday Charting & Scans, Stock Watchlists, Historical Price Data Back to 1980, Accurate data directly from Exchange

4. Investing.com

Investing.com India serves traders of a wide range of asset classes with real-time charts & quotes along with news and analysis. this is a financial markets platform providing real-time data, quotes, charts, financial tools, breaking news, and analysis across 250 exchanges around the world in 44 language editions.

5. StockCharts

StockCharts.com has the award-winning charts, analysis tools, and expert commentary you need to invest.

Stockcharts is a great charting service that offers plenty of value at its price points. They are definitely worth a look if you are shopping for a cheaper charting service that has a quality product. StockCharts is an award-winning charting tools provider that allows access to real-time intraday data.

These Are The Some Of Charting Platform Which Are Available For Free. In the Next Blog, We Will See More Like This.