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Showing posts from April, 2020

Documents Required for Opening Demat Account in Choice Broking

Demat is a type of bank account except in a Demat you transact in stocks and securities. The procedure is also the same as opening a bank account. Open a free Demat account with Choice Broking online which is paperless and with the required documents handy, opening the account does not take more than a few minutes. We will, however, look at the list of documents in detail for the prep-up, below is an exhaustive list, Proof of Identity (POI) (Eg.: PAN Card or Driving license) Proof of Address (POA) (Eg.: AAdhar or Passport) Proof of Income (For trading in derivatives such as F&O) (Eg.: 6 months Bank statement or Copy of ITR Acknowledgement) Proof of Bank Account (Eg.: Cancelled cheque) PAN Card 1 to 3 passport size photographs List of Documents Acceptable as Proof of Identity: PAN card with a valid photograph. Aadhaar / Passport/ Voter ID card / driving license) Central/State Government or its departments issued Identity Cards. IDs issued by Professional Bodies ...

Brokerage Calculator : What Is It and How Can It Help Investors?

The brokerage calculator as the name suggests is a tool to calculate the brokerage charges which will be applicable to the trader/investor. This means that the Brokerage calculator is an invaluable tool for traders to have. Since trading and investing is a dynamic process where opportunity with the right timing makes the difference between a profitable trade and a losing one, it is essential that the tool i.e. brokerage calculator be one that is easy to use and quick. It needs to be accurate and clear as well. Most companies offer brokerage calculators as a service addition and is usually free so the trader can get the brokerage amount at high fingertips. It also takes the minute task of segregating brokerages for equities or commodities, intraday or delivery from the broker and just provides the information conveniently. One of the best brokerage calculators on the market is Jiffy’s Brokerage calculator . Jiffy’s Brokerage calculator is simple and effective. The brokerage is ...