Participating in stock market can potentially improve your financial portfolio but it is ready to understand the risk before making any commitments. You have to understand the company results and You have to take the knowledge before investing money in stock market.
The investment process is more difficult in the past and more controversial but now a days it’s very easy to invest money in stock market. Now there are so many digital platforms there you can invest money. Below there are steps that how we can invest our money in stock market.
1. Open a demat account
It’s very easy to open demat account and you can open your demat account without stepping out of your home because now the entire process is digitized and it can be open within 10 to 15 minutes with just a mobile phone or Computer. so these are the steps that will help you to open a demat account.
Step1. Search for Dp ( Depository Participant )
Step2. Provide basic details to Dp ( Depository Participant )
Step3. Add bank details
Step4. Document uploading process
Step5. In-person verification
Step6. E-sign
Step7. Form submission
2. Open a trading account
Like, there are so many stock brokers that they are offering us to open trading account but we have to see that what they are offering to us. so these are the steps that will help you to open a trading account.
Step1. Choose a stock broker
Step2. Compare a brokerage charges and service also
Step3. Get in touch with selected broker for account opening
Step4. Fill account opening & KYC form
Step5. Application will be under process
Step6. Get your trading account detail on your registered email address
Step7. Now you can place buy/sell order
After opening your account you have to add balance in your demat account then u can place your buy/sell order