I want to know all about share market.
2007-02-19 19:14:04 · 8 answers · asked by Abhi 1 in Business & Finance ➔ Investing
If you're question is how much money do I need to have in order to trade stocks the answer is probably about a thousand dollars. If you have an online account its going to cost you about 7 dollars a trade.(scottrade) 1000 dollars should be enough for you to make some trades while not being hurt to badly with commission. People might say less but to feel comfortable its $1000 minimum.
2007-02-19 19:19:06 · answer #1 · answered by Anonymous · 0⤊ 0⤋
On line brokers do not seek Penny Stock traders. There's no advantage to them. The accounts, generally, have a low life cycle. The average Penny Stock traders doesn't read any books on the subject and act more like a gambler than either a trader or investor. You got to ask yourself why would a beginner pick the hardest route to make money. It simply makes no sense. It's almost like they think having more shares is an advantage. Crazy... huh?
2016-05-23 22:01:45 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Open a TRADING/DEMAT account first with a bank/agency offering the services. Learn how to use the service providers website for online purchase and sale of shares on the exchange - not at all difficult. Usually a demo page is available. You are allowed to purchase even a single share of most companies. So, I don't think you need to start with more than the cost of one share.
2007-02-23 16:23:58 · answer #3 · answered by Warrin' Buffit 1 · 0⤊ 0⤋
O.
Minimum investment in IPO is Rs. 5000/-.
You have start with stock exchange with your promise, Vaida.
Apply for PAN, Bank A/c etc.
2007-02-19 19:23:49 · answer #4 · answered by Anonymous · 0⤊ 0⤋
first of all you have to decide wether you want to invest or you want to trade if you want to invest than you can open an acc with about 1000 rs and rest of the sum you can invest and if you want to trade then i feel you should have a working capital of minimum 1 lakh and should also have risk taking capacity
2007-02-20 00:57:44 · answer #5 · answered by a parent 1 · 0⤊ 0⤋
It all depends on your investment potential and your risk potential. If you are ready to lose 50% of your investment, then that decides your investment plan. There are many sites where you can read about expert investor's advice to new investors.
2007-02-19 19:18:58 · answer #6 · answered by Meena Ganesan 3 · 0⤊ 0⤋
1000 rupees
2007-02-19 19:18:13 · answer #7 · answered by chandrakanth m 1 · 0⤊ 0⤋
the minimum balance is 10000Rs. the
indiabulls is best for that
2007-02-19 22:16:41 · answer #8 · answered by sanjeev m 1 · 0⤊ 0⤋