While choosing your stock broker, you should consider the following:
1- How much do you know about trading
2- Do you want to opt for advisory services too
3-Will you be trading online or prefer to have a broker handle your investments
4- Are you looking to trade regularly or just from time to time
5- Will you be placing day trades or delivery trades or both
These are important questions because of a number of reasons like, not all brokers charge the same fees. Also, not all brokers provide advisory services which also impacts the brokerage they charge. There are also aspects like the ease of trading. So some brokers have sites that may be more difficult to use for those that aren’t too tech-savvy and don’t know much about trading. Some brokers have very simple platforms and so trading is much easier even if you are a rookie at trading. So instead of looking at broker rankings, use the above points to filter your broker choices. Like for a beginner sites like HDFC securities & motilal Oswal can be a little complicated while brokers like Upstox and Zerodha are more user-friendly. Also Motilal Oswal charges a lot of brokerage fees so you can end up spending a lot but Upstox is very pocket-friendly as it allows you to place delivery trades for free and charges a maximum of 20 rupees for every trade in intraday and futures and options.
I for one have been very reluctant to learn about blockchain and the market luckily I have seen how it simply affected the stock market, take BTCS for example. They are a blockchain technology focused company, which has announced that The Nasdaq Stock Market LLC has approved the listing of the Company’ common stock on The Nasdaq Capital Market (“Nasdaq”). The Company’s common stock which began trading on Nasdaq under trading symbol “BTCS” at the open of the market on Tuesday, September 14, 2021.
BTCS joins Nasdaq at a time when the digital asset market has reclaimed a total market capitalization of greater than $2 trillion. The Company generated $453 thousand in revenue for the first six months of 2021 and through timely purchases of Bitcoin, Ethereum, and other cryptocurrencies, BTCS has substantially grown its digital assets over the last year.