Is ZERODHA a good platform for beginners? With ...

Is ZERODHA a good platform for beginners? With Zero Knowledge ?

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Deal Cadet
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Hi folks, I am not into stocks and trading but I have a little experience with crypto, so now I wanna get into stocks and trading after reading so many posts in dost and dime and after reading about Ipos I want to get my feet wet? please guide me and share your opinions and advises on how to get started tell me the right path enlighten me.

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7 Dimers
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I guess wait for 2-3 days more.
That will bottom up the market. I also jumped at high prices

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DealBroker23 wrote:

I guess wait for 2-3 days more.
That will bottom up the market. I also jumped at high prices

for a starter?

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Dealcharmer wrote:

for a starter?

For starter do virtual trading.
I am not the right person for advice though

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Deal Cadet
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Upstox is best, pm me for referal

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Ek hai Zerodha Varsity. It’s free, no need to register. You ll get detailed explanation of everything. 🙂

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bikidas2060 wrote:

Ek hai Zerodha Varsity. It’s free, no need to register. You ll get detailed explanation of everything. 🙂

mujhe stocks ki koi knowledge nahi hai abhi main start kar raha hoon toh main ye jana chahta hoon ki upstox or zerodha main se kaunsa behtar hai ?

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Dealcharmer wrote:

mujhe stocks ki koi knowledge nahi hai abhi main start kar raha hoon toh main ye jana chahta hoon ki upstox or zerodha main se kaunsa behtar hai ?

Koi saa v lelo. Dono me 19 20 kaa fark hai. Upstox lelo. Shayad Flipkart kaa gv v mil jaega. But kisiko referal ke liye puch lijiye 🙂🙂🙂

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Deal Newbie
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Dealcharmer wrote:

mujhe stocks ki koi knowledge nahi hai abhi main start kar raha hoon toh main ye jana chahta hoon ki upstox or zerodha main se kaunsa behtar hai ?

Dono he broker ache hai sir lekin agr ap chae to finvasia bhi try krne ka soch skte hai. Acha broker hai or brokerage bhi nhi leta.

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Pramod_Khanna wrote:

Dono he broker ache hai sir lekin agr ap chae to finvasia bhi try krne ka soch skte hai. Acha broker hai or brokerage bhi nhi leta.

Who else is using finvasia? It just creates doubt when someone offers trading for free. How will they survive?

Searched a,lot on internet about their bussiness plan but can’t get a satisfactory answer but at the same time ratings are good everywhere.

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Tera_Jija wrote:

Who else is using finvasia? It just creates doubt when someone offers trading for free. How will they survive?

Searched a,lot on internet about their bussiness plan but can’t get a satisfactory answer but at the same time ratings are good everywhere.

They have Commercial Clearing facilities to Foreign Portfolio Investors (FPI) business, they help set up prop desks, they charge for algo trading services, they have venture capital funds to get funded etc 🙂🙂🙂

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bikidas2060 wrote:

They have Commercial Clearing facilities to Foreign Portfolio Investors (FPI) business, they help set up prop desks, they charge for algo trading services, they have venture capital funds to get funded etc 🙂🙂🙂

If they are so good then how come they are still underpinned by upstox and zerodha.

Remember karvy scam.?
For small brokerage it seems a big risk.

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Deal Newbie
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bikidas2060 wrote:

They have Commercial Clearing facilities to Foreign Portfolio Investors (FPI) business, they help set up prop desks, they charge for algo trading services, they have venture capital funds to get funded etc 🙂🙂🙂

Yes I heard about venture capitalist in news. For prop, they stopped already last year.

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Tera_Jija wrote:

If they are so good then how come they are still underpinned by upstox and zerodha.

Remember karvy scam.?
For small brokerage it seems a big risk.

They are underrated. 🙂 And bhai I am know a bit or two about stock market. But I have zero knowledge about stock brokers. I m using Zerodha by default, as my first dmat account is Zerodha. But I listening good stories about Finvasia lately. So, I don’t know. They must be really good otherwise why would it get rave reviews. And maybe those are paid reviews, anything is possible here

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Tera_Jija wrote:

It just creates doubt when someone offers trading for free. How will they survive?

I even had eyes on it, but here is what finvasia said in traderji forum in respect of brokerage:

“we believe brokerage is an ancillary service and not a main industry hence our business model is not dependent on brokerage. We will still make money even if we don’t charge our clients. We have many revenue sources apart from brokerage that keeps us going”

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