Tuesday, June 11, 2019

What are the procedures involved in the Stock Market Investment?


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Fixed and regular income can’t satisfy our needs. For balancing expanses some outsource needs to be executive. Stock Market can be one of the best choices for Extra Income. But before investing in the Stock Market you must be eligible for it. The Eligibility criteria for Stock Trading can get from any Free Stock Tips provider companies or Stock Broker Firms easily.

Here I am reflecting you the most salutary process of Stock Market Investment which I got from the Best Stock Advisory Firm “TradeIndia Research”.

Age Limit for Trading: If you have some experience in the stock market then you can start investing at the age of 18. TradeIndia Research advice below 21 years old traders for not to trade if you have no source of income. The maximum age limit for trading in India is 60. Senior citizens above 60 age group cannot trade and financial Advisors(Stock Market Tips provider) advises senior citizens below 60 for not to trade with pension or gratuity. It is not because of the fear of loss of money but it for their safety as most of the time Market needs to hold stocks for a long time and is not possible for every senior citizen to wait for a long time.

Mandatory Documents: Traders are advised to have a PAN Card and Aadhar Card and are Mandatory. The Securities and Exchange Board of India (SEBI) needs an Id proof for KYC(Know your Client) updates. Other than KYC, the board has mandated to have a six-month of Bank Statement along with a canceled cheque, to open a demat account.

Stock Broker: Stockbrokers are individuals, a person, a company, or an agency which has an authority to trade on the Stock Exchanges under SEBI guidelines. A person cannot do trade directly. Buying and selling have to be done through brokers only.

Get a demat account: For transaction maintenance, the trader must have a Demat Account. Shares cannot be held in physical form and they form part of the dematerialized or demat account. This account holds the stocks that you have purchased and reflects them in your name.

For trading, traders have got to inform broker the quantity to be bought or sold along with the price at which trader wish to carry out the transaction.


2 comments:

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