If you are a beginner who wants to invest in the stock market, then it will be difficult for you to understand the market trends and to crack them. In such a case, it is advisable to take the services of a stock broking firm. There are many stock broking firms in India, but today in this article, we are going to suggest the best stock broking firms which could be approached by the beginners in the stock markets. So, without any delay, let’s get started.
Karvy –Karvy was incorporated in the year 1990 under the name Karvy Stock Broking Ltd. (KSBL) as a part of the Karvy Group. It is one of the India’s leading financial services company which provides research advisory services and stock broking services. Karvy usually offers the customized investment solutions to the institutional, corporate and individual investors through its network of branches. A Karvy customer can trade in Derivatives, Equities, invest in Mutual Funds, IPOs or NCDs also.It is a Hyderabad based company and is among the top 10 broking houses of the India. It also issues a weekly e-newspaper named as Karvy Bazaar Batein which helps the investment nerds to be fully informed about the market trends and the major events on the stock market. The trading platforms which are offered by the Karvy are Karvy Online web, Karvy Nest Trdr and KarvyOnline Mobile Trading app.
Upstox: –Upstox can be regarded as a low-cost broking firm in India, which is aimed at offering the stock trading services at the affordable brokerage charges. Company offers trading in commodities, equities, future options, currencies etc. which are exclusively available on their trading platforms. The company is also backed by some investors such as Ratan Tata, Kalari Capital and GVK Davix. Upstox trading platforms offers many features such as trading, charting, analysis and many more things. These platforms are equipped with an easy to use user interface and it is easy to place orders through web browser and mobile phone application. Upstox offers all these services through two types of accounts-Upstox and Upstox pro. Moreover, there are different plans to meet the investment needs of every kind of investor.
Wisdom Capital: – Wisdom Capital is much recognized name in the Indian stock market. The company was incorporated in the year 2013 and it has achieved much in a short time duration. Currently, the company is serving a large clientele base. It is an online discount brokerage firm which offers a wide range of brokerage services for currency and commodities, future and options, stocks on the major trading platforms such as MCX, NCDEX, BSE and NSE. Wisdom Capital also assists its customers through various exclusive tools which are provided by it such as charting and live data. These tools are provided at the minimum prices possible to the customers in order to enable them to crack the market trends in a better way. Moreover, the brokerage charges at which the services are offered to the customers are also low at Wisdom Capital. They also offer semi and fully-automated Algo trading to their customers. All in all, this can be termed as the best option for the beginners in the stock market. It is actually the best discount broker in India.
These were some of the best stock broking firms in Indian market which could be approached by the beginners in investment world.
