Either you have to work hard or you have to be smart enough to get yourself built a good source of earning . For instance if you look onto investment opportunities in your lifetime you will find many . The only thing which matters is how much time do you take to grab an opportunity or what you have learned in your past with which you can build yourself good earning sources for your life . If you look onto offline means you might find more scope in doing business than doing a job because you seem to have some growth in it and you get to do more experiments in your work area than doing for someone in a designated protocol .
The same is the case , when you get to work online and you find a good source to earn some money , you will get good satisfaction when you do it with your mindset and you will apply your logics in earning from that source rather that doing a work from home job online for your boss. This has made possible by virtual trading apps and share trading online platforms.
In this post , you will get to know about an online trading app Zerodha with which you can trade in equities or debt securities in India and can earn good money online .
Why Zerodha Demat and no else ?
Zerodha is an online trading and brokerage app which provides service to every trader to buy and sell stocks , shares , equities , commodities , options or futures and earn good money. If you don’t know about stocks or these investment goods like shares , debentures ,options you can check videos on Youtube . If you want to earn online then you must need to have knowledge of share market and investment . The next step is you have to open a demat account with any of the broker app like Zerodha or Angel Broking , these are intermediaries which help you to invest in shares or stocks directly from the stock market .
The working model of Zerodha in simple words can be understood with this example :
Suppose you have an account on Zerodha and you invest in stock of RELIANCE company for Rs 1000 , for this you have to first enter Rs 1000 in wallet of Zerodha which will be received by the company in its bank account , now using Zerodha demat you place an order for buying of RELIANCE , then once the order is successful , the stocks you purchase is kept with NSE – National stock exchange for you and not with Zerodha .This was done to safeguard investor from fraud broker applications. The stocks are held with no broker application , these applications only facilitate buying and selling of stocks through the share market for brokerage.
Does Zerodha Demat Charge for Opening a Demat Account ?
There are only few demat brokerage companies in India , which offer free services in account opening and buying and selling of stocks . If we talk about Zerodha , opening an account in this application has been offered free of cost .Earlier to 2015 , their was a one time cost opening a Zerodha account which was later removed by the company . The company has now become the leading brokerage company in India in share market which has been trusted by million of traders throughout India .
If you want to open Zerodha account , you just have to submit your KYC Documents and your bank statement for 6 months . Their is no regulated fees for opening a Zerodha account but you only have to pay a one time annual maintenance charges of Rs 350 or Rs 450 as per company policy . The amount of charges might differ . Also their are separate charges for trading in different instrutments like for Delivery trading where you buy stocks or securities hold them for minimum few days in your account and sell them when you receive profit , the charges are Zero. For Intraday trading of stocks their are proportionate charges depending on the margin taken and tax applicable .
How you earn money in Zerodha Demat application ?
Earning money in Zerodha is simple and requires no rocket science . If you want to invest in share market and earn money , you first have to open a Zerodha demat account and have to add money in the account to buy stocks . For instance ,you add Rs 10000 in your Zerodha account .
If you trade in delivery :
For instance you check the share price of NTPC Company today is Rs 95 and in the coming week it might go upto Rs 100 then , you will buy the stock today at Rs 95 where you will get 100 shares in Rs 9500 and on the next week end you will get that share price upto Rs 100 where your investment will become Rs 10000 with investment of Rs 9500 and you will get a profit of Rs 5 in 100 shares , i.e total of Rs 500 profit in a week .
For this you have to pay no charges and you might get more returns than said above .
If you trade in intraday :
For instance , if want to buy NTPC share for Rs 95 in intraday , then you will be offered upto 6x margin for trading in the application which means that for Rs 10,000 you can buy stocks for Rs 60000 . This would mean that for one day you can buy NTPC stock for Rs 95 and you can even buy 600 shares for Rs 10,000 which is worth Rs 95*600 = 57,000 . Once the stock changes its price from 95 to 96 then you will get a profit of Rs 1 for 600 shares in a single day and once you sell the stock on the same day you will be returned Rs 10,000 + 600 by zerodha .
In this transaction , you have to pay a fixed charge of Rs 20 per order or charges as notified on the proportion of margin taken and tax paid on such transaction.
Hope , you find this post interesting and informative . If you have any queries related to opening of zerodha application or trading online then you share your feedback or queries down in the comment section below.