Some details if you do not know the difference between Demat and Trading account:
You see to trade in stock markets we have to open a Demat cum Trading account. Without a Demat account you cannot invest or trade in stock markets. The Demat account basically works as a bank to keep the money that is used for trading.
A Trading account is used to place buy or sell orders in the stock market. The Demat account is used as a bank where shares bought are deposited in, and where shares sold are taken from. A Demat account converts the physical shares into an electronic form, therefore dematerializing it. A Demat account holds the shares bought.
In short – The workings of a Demat account is very similar to that of a bank account where you keep your money and shares with the option to deposit/buy and withdraw/sell.
The Trading Account helps you trade seamlessly in the stock market. Whether it’s buying or selling shares or trading derivatives.
So it’s the Demat account where you keep the money to trade to settle the accounts but its a trading account where you take a trade. Companies that allow you to open a Demat account are called Stock Brokers.
Today there are many Stock Brokers in India. You have lots of choices to open a Demat account. Traditional brokers charge a lot. If you pay too much for brokerage you end up losing money whenever you take a trade. Now calculate this for your entire life. Paying money for brokerage is waste of money – you should avoid it.
Discount brokers started in USA in early 2000s but in India it was started by Nithin Kamath on 15th of August, 2010 with the goal of breaking all barriers that traders and investors face in India in terms of cost, support, and technology. He named the brokerage house as ZERODHA. In few years, today, it is No. 1 Broker in India.
Here is the link to open an account in ZERODHA:
Benefits of opening a Zerodha account
First here are the benefits of opening an account with ZERODHA:
- They are No.1 Broker in India:
- Their Pricing is Very Low, Stock Buy/Sell is FREE and Flat ₹20 Intraday and F&O Trades. So even if you buy 10 lots of Nifty, Bank Nifty or any stock you only pay Rs.20/-. Even if you exit in 1 point profit in stocks you can make good money daily:
- Read About Their History Here:
- You Will Get Enough Products To Help You Make Your Trades including Softwares plus there’s lot to Learn for FREE like Technical Analysis, Risk Management and Taxes here:
- Here is their Brokerage Calculator – Check yourself how much you will save if you BUY 10 Lots of Nifty/BankNifty and SELL it at Just 1 Point Profit:
- It does not end here you can invest Unlimited free investments in Direct Mutual Funds without paying any brokerage or any commission to distributors thus saving a lot of money. You know, commissions on Regular Mutual Funds (bought from a mutual fund broker) can be up to 1% compounded – that is reducing your annualized profits by 1% every year. This will reduce your profits by thousands or lakhs of rupees. Therefore it is recommended that you invest in Direct Mutual Funds only to save money.
Zerodha Coin is India’s largest direct mutual fund platform that lets you buy direct mutual funds online with no commissions and directly from asset management companies. Your mutual funds, stocks, currencies, bonds, and more will be there all in your Demat account.
- Here is the link to Open Account in ZERODHA:
Click Here to Open an Account in ZERODHA – click and register immediately then complete the process online.
It will take 5 minutes to complete the process online.
Make sure to complete the process as soon as possible. If it takes more than 7 days’ time after registration I may not be able to help you. So please try to complete the online application as soon as possible to be mapped to me. If you have any problem opening the account online you can contact me.
If you are opening account offline then please use Referral Code ZMPDIL if asked in the offline hard copy application form.
How to Contact ZERODHA and find their Branch Offices all over India for any help required in opening account online or offline:
If you are facing any difficulty in account opening you can call their customer care numbers mentioned in this URL:
For self help in opening account they have a huge FAQ – Frequently Asked Questions in this Zerodha Support Portal:
Once the account is opened let me know you can Email me or click here to WhatsApp me on 9051143004.
Account Maintenance Charge (AMC) for maintaining a Demat account at Zerodha:
Rs. 300 + 18% GST – For individuals, HUFs, partnership firms, and LLPs
Rs. 1000 + 18% GST – For corporate, i.e. private and public companies
For IL&FS demat (accounts opened before 15th Sep 2015), it is Rs. 400 + 18% GST
The Account Maintenance Charge (AMC) is directly charged from the trading account balance once in a quarter. So every four months 300/4 = 75 + 18% GST = Rs. 88.50 is charged per quarter for individuals, HUFs, partnership firms, and LLPs. For corporate, private and public companies it will be 1000/4 = 250 + 18% = 295 charged per quarter.
Fees to open account is 300 rupees only using this link.
Account opening is easy, it can be done online if your Aadhaar card is linked with mobile phone.
If you are a beginner and want to know the basics to how to start making small profits from stock markets, open a Demat trading account in ZERODHA mapped to me.
Benefits of opening an account in ZERODHA:
Stock Buy/Sell is FREE – No Brokerage. FnO only Rs.20/- per order NOT per lot as brokers like ICICI charge. Invest in Direct Mutual Funds for free and make 1% per year more on profits made on regular mutual funds of the same fund. And lots of other benefits like free candle stick charts, technical analysis knowledge, software to help you trade etc etc.
Pricing: NO AMC. It takes only Rs.300/- to open an account online in just 5 minutes.
To be mapped under me you have to click on this link to create an account first – click and register immediately:
Click here to Start the Process online to open an account in ZERODHA, then complete the process online.
Make sure to complete the process as soon as possible. If it takes more than 7 days’ time after registration you will not be mapped under me.
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