Upstox Pro : Best Trading App - 2020
If you want to invest in company there is stock exchanges available for every country which public can buy shares of sell them.
Foriegn investment in india is different procedure but if you want to invest in india then you need to buy shares of the company.
There are two stock exchanges available in india
- NSE : National Stock Exchange
- BSE : Bombay Stock Exchange
Bombay Stock Exchange founded in 1875 and it is oldest stock exchange in india.
National Stock Exchange founded in 2009.
But, BSE have more companies listed then NSE, but for liquidity NSE is on go choice.
Before entering into stock market you need to know some basics :
There are two symbols in stock market !
Bull - Which means profit.
Bear - Which means loss.
It is also noted green colour defines bull red colour defines bear.
Green = Profit ✓
Red = Loss ×
You need educate yourself regarding stock market before start investing in it as you must understand stock market is subject to market risk.
But, wait even you know stock exchanges of India you can't directly invest into it for that you need brokers who are SEBI registered and you must have a demat account to do trading.
To use Upstox to create demat account you can click the below link to install Upstox app and sign up.
For Web : Upstox.com
For App : Upstox Pro
Required Documents :-
1. Aadhaar Card Number
2. Aadhaar Card Linked Mobile Number
4. Pan Card Number
5. Scanned Aadhaar Front
6. Scanned Aadhaar Back
7. Scanned Pan Card
8. Scanned Passport Size Photo
9. Scanned Signature
10. Bank Account
- you can write on a white paper and click it using document scanner app available in Playstore and scan it and save it.
Now upload to Upstox same procedure required for all the above documents.
Now, after submitting every document and details your submission will be verified it takes upto 2days to verify your account in Upstox.
Once successfully verified, you will get the account ID and password to your registered mobile number and email.
There are many things that you have to learn in stock market for successful trading but basic are must.
- Intraday is same day buy and sell which is more risky.
- Delivery is for long term holding of share for increase in value.
You can even convert the position for your share from intraday to delivery or from delivery to intraday if company accepts it.
You must note that there are different charges for intraday and delivery.
For more details : Upstox.com
You have many options available in app for doing trade.
Finally, Upstox is one of the best free trading app available right now if you are beginning then it is must go choice.