Zerodha - Number One Discount Broker in India

[LivetoTrade]

hi all,

this is my first post. new member. after reading a bit i decided to open trading/demat account with Zerodha.

just received forms from zerodha. Should i sign all the forms and send it to them. is it safe ?

am i signing anything which allows them to trade without my permission ?

thanks.

Not just Zerodha, every broker will take that open letter

 

[manishchan]

hi all,

this is my first post. new member. after reading a bit i decided to open trading/demat account with Zerodha.

just received forms from zerodha. Should i sign all the forms and send it to them. is it safe ?

am i signing anything which allows them to trade without my permission ?

thanks.

Why do you want to sign everything that you received ? Just sign whichever form/documents they need to get what you want. Like if you want f&o, just sign that. Further, though their terms & conditions are like e-mail account's terms & conditions, do read through if you have doubts. From my personal experience, Zerodha can't be doubted on integrity. (my personal experience of trading with them for last 1 year). All the Best !

 

[rana_kirti]

it has options for

nse cash f&o and currency derivatives
bse cash f&o
mcx sx cash f&o currency derivatives.

what are these above things ? i want to buy and sell stocks.

 

[blisscapital]

it has options for

nse cash f&o and currency derivatives
bse cash f&o
mcx sx cash f&o currency derivatives.

what are these above things ? i want to buy and sell stocks.

If you dont know the basics of market then please invest through mutual funds, your money will slowly grow there.. else you may face serious issues in future.

 

[rana_kirti]

yes i'm mostly going to do mutual funds. but also intending to open a bdsa with zerodha to learn stocks. is that a ok plan ?

 

[blisscapital]

yes i'm mostly going to do mutual funds. but also intending to open a bdsa with zerodha to learn stocks. is that a ok plan ?

remember, bsda may not always mean lower costs, the transaction costs in the Demat may be hiked for BSDA.

secondly, to learn, read about markets through books and sites like TJ, there are basically two ways to it. one is technical approach other being fundamental approach

 

[rana_kirti]

could u please briefly define both fundamental and technical approaches... though maybe it would be beyond the scope of this particular thread....

maybe provide a link to further reading.

 

[nirav_j]

it has options for

nse cash f&o and currency derivatives
bse cash f&o
mcx sx cash f&o currency derivatives.

what are these above things ? i want to buy and sell stocks.

For buying and selling stocks you would need a NSE cash a/c.

If learning is your sole objective, your needs can even be met with sites like moneycontrol (moneybhai), in which you can trade with virtual money.

The simulation gives you virtual money to the tune of lakhs... Smart thing to do would be, to trade only with the amount that you would have otherwise in the real world ...

On fundamental vs Technical, its a vast thing and one should pick an approach based on what your objective is as far as the markets are concerned.

Do open up a thread with your query on the topic ... :thumb:
Cheers.

 

[blisscapital]

For buying and selling stocks you would need a NSE cash a/c.

If learning is your sole objective, your needs can even be met with sites like moneycontrol (moneybhai), in which you can trade with virtual money.

The simulation gives you virtual money to the tune of lakhs... Smart thing to do would be, to trade only with the amount that you would have otherwise in the real world ...

On fundamental vs Technical, its a vast thing and one should pick an approach based on what your objective is as far as the markets are concerned.

Do open up a thread with your query on the topic ... :thumb:
Cheers.

Even in NSE you get a virtual account to trade both short and long just like a real account.

 

[rana_kirti]

now started virtual trading with 1cr on moneybhai. thanks to all for the guidance.