Hello Traders,
I am a beginner and want to start intraday trading. Looking to start with a capital of 15 lakhs and would like to have your guidance on the few queries i have before starting. Ideally i would like to trade with one of the Discount stock brokers like RKSV but i am a bit sceptical about the safety of the money and what happens to the money held with these brokers in case of my untimely demise. Is there nomination facility available and can my family claim this money with out any hassle incase of any unfortunate event to self. Alternatively i am also considering trading with Yes Bank primarily because of the apparent safety of the money. Also would like to know whether full service brokers like Yes bank / Kotak / HDFC etc also offer leverage like the discount brokers. Looking forward to your inputs to start my trading journey.
Warm Regards
Haja
I am a beginner and want to start intraday trading. Looking to start with a capital of 15 lakhs and would like to have your guidance on the few queries i have before starting. Ideally i would like to trade with one of the Discount stock brokers like RKSV but i am a bit sceptical about the safety of the money and what happens to the money held with these brokers in case of my untimely demise. Is there nomination facility available and can my family claim this money with out any hassle incase of any unfortunate event to self. Alternatively i am also considering trading with Yes Bank primarily because of the apparent safety of the money. Also would like to know whether full service brokers like Yes bank / Kotak / HDFC etc also offer leverage like the discount brokers. Looking forward to your inputs to start my trading journey.
Warm Regards
Haja
Fresher
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