How to start trading in India step by step

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Step-by-Step Guide to Start Trading in India

🪪 1. Get the Basic Requirements

You need:

  • PAN Card – Mandatory for financial transactions

  • Aadhaar Card – For KYC and linking with mobile number

  • Bank Account – To link with trading account for fund transfers

  • Smartphone or Computer – To use trading platforms

🏦 2. Open a Demat and Trading Account

You need both accounts:

  • Demat Account – Stores your shares electronically

  • Trading Account – Used to buy/sell stocks

You can open these through brokers such as:

  • Zerodha (most popular discount broker)

  • Upstox

  • Groww

  • Angel One

  • ICICI Direct, HDFC Securities, etc. (full-service brokers)

Tip: Choose a broker with good mobile app, low fees, and strong support.

🔎 3. Complete KYC

During account opening, submit:

  • PAN, Aadhaar, Bank Details

  • Selfie & Signature (online)

  • Income proof (only if trading derivatives)

Most brokers offer 100% paperless eKYC.

📚 4. Learn the Basics of the Stock Market

Before investing real money:

  • Understand how stocks, indices, and orders work

  • Learn about NSE & BSE (India’s stock exchanges)

  • Learn different order types: market order, limit order, stop-loss, etc.

  • Use apps like:

    • Groww Learn

    • Zerodha Varsity

    • Tickertape Learn

    • Investing.com

    • YouTube (e.g., Pranjal Kamra, CA Rachana Ranade)

💰 5. Deposit Funds into Trading Account

Transfer money from your bank account to your broker account (usually through UPI, Net Banking, etc.).

📈 6. Start Trading or Investing

You can choose from:

  • Intraday Trading – Buy/sell on the same day

  • Delivery Trading – Buy today, hold long-term

  • Futures & Options – Advanced (only with income proof)

  • ETFs, Mutual Funds, IPOs – For passive investors

Start with small amounts and simple strategies.

🔒 7. Track & Manage Your Portfolio

  • Use your broker’s app or tools like Moneycontrol, Tickertape, or ET Money

  • Keep learning and improving

  • Avoid FOMO, tips-based investing, and overtrading

✅ Bonus Tips

  • 📚 Start with virtual trading/dummy platforms like:

    • Sensibull (Zerodha) – with virtual trading options

    • StockGro or TradingLeagues (gamified learning)

  • 💡 Always use stop-loss to manage risk

  • 📈 Use technical and fundamental analysis basics

  • 🚫 Avoid margin trading until you’re experienced

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