Which is the best advisory company for beginners in the stock market?

Which is the best advisory company for beginners in the stock market?

There are many advisory companies which are operating in the market. But in my opinion, you should go with the one which provides both timely entry and exit targets. Nowadays many securities broker (share market broker in kolkata) are also providing tips and some are doing this free of charge.

If you are a beginner or potential investor, you must know that you require a Demat account to hold your shares electronically. So without opening a Demat account, you cannot invest in the stock market. However, once you open a Demat account, you need to know which stocks should invest in and how to manage your investments. You could approach a stock advisory firm to receive financial advice regarding stock picking and portfolio management. However, as a beginner investor, you will likely start small with investing-related activities.

Hence, you can start by simply opening a Demat account with a full-service broker like IIFL Securities. A full-service broker provides stock ideas and recommendations. You also get access to stock reports. This way, you would not have to separately pay for advisory services if you only require basic assistance. If you believe you require more personalized financial advisory services, a full-service broker should have a dedicated advisory department. In that case, you can contact your relationship manager to learn more.

However, you should only approach an advisory firm licensed by SEBI (Securities and Exchange Board of India). If you approach your full-service broker’s financial advisory branch, the advisory will likely have SEBI’s license.