Hi,
I am looking to setup my first demat and trading account. After much research, I have finally zeroed in on setting Zerodha as my trading account because of the low brokerage and very good reviews.
I'm planning to do long term investments, meaning, I will buy stocks in small amounts for the next 5 years and retain them for about 15-20 years and use that as my retirement benefit. Intraday might happen in very small amounts, say about 10 transactions/year.
Also, I do not need those charting and other stuff.
Will Zerodha serve my purpose or some other brokerage house help.
I have a bank account with HDFC. Will it better to opt for demat+trading account from Zerodha or Demat account from HDFC and Trading account alone form Zerodha.
Also, Zerodha charges Rs.9/transaction for transfering funds from bank account to trading account. Is it safe to hold lot of money in the trading account and is there any way to avoid this charge
I am looking to setup my first demat and trading account. After much research, I have finally zeroed in on setting Zerodha as my trading account because of the low brokerage and very good reviews.
I'm planning to do long term investments, meaning, I will buy stocks in small amounts for the next 5 years and retain them for about 15-20 years and use that as my retirement benefit. Intraday might happen in very small amounts, say about 10 transactions/year.
Also, I do not need those charting and other stuff.
Will Zerodha serve my purpose or some other brokerage house help.
I have a bank account with HDFC. Will it better to opt for demat+trading account from Zerodha or Demat account from HDFC and Trading account alone form Zerodha.
Also, Zerodha charges Rs.9/transaction for transfering funds from bank account to trading account. Is it safe to hold lot of money in the trading account and is there any way to avoid this charge
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