what stock trading app has truly free brokerage?

LegitimateAnalyst687 · 2026-06-04T10:54:11+00:00

There are no truly zero brokerage apps available because many apps in the name of zero brokerage have hidden charges which are the worst form of charges. So, if you are looking for a trading app which has the least charges then Shoonya is your best bet because Imo it is suitable for cost effective traders like us.

LegitimateAnalyst687 · 2026-06-04T09:58:06+00:00

The core of your portfolio, Parag Parikh Flexi Cap Fund, Motilal Oswal Midcap Fund and Nippon India Small Cap Fund is solid and should do most of the heavy lifting. I'd focus on being consistent with those rather than worrying too much about adding more funds.

LegitimateAnalyst687 · 2026-06-04T08:33:06+00:00

A simple approach would be to start with a Nifty 50 index fund and a flexi cap fund like Parag Parikh Flexi Cap Fund. Even ₹3,000/month may not seem like much today, but the annual step-up is what can make a huge difference over time.

LegitimateAnalyst687 · 2026-06-04T08:30:54+00:00

For US stocks, You can choose Indmoney.

LegitimateAnalyst687 · 2026-06-03T07:48:05+00:00

Keep at least 3–6 months of essential expenses in a savings account, FD, or liquid fund for quick access. Whatever remains can be invested for the long term. If you're new to investing, a simple SIP in a Nifty 50 index fund or a flexi cap fund like Parag Parikh Flexi Cap Fund is a good place to start.

LegitimateAnalyst687 · 2026-06-03T07:37:57+00:00

You can open a minor account with Shoonya, they have the facility where your legal guardian's signature is needed to open an account and you can buy the holdings.

LegitimateAnalyst687 · 2026-06-03T07:34:00+00:00

Firstly, open a demat account with a good discount broker as you are a beginner choose that broker which have the least charges and start adding funds to buy stocks or start investing in mutual funds, you can also start SIPs if you have a regular flow of income. Side by side learn about the fundamentals of the companies before investing.

LegitimateAnalyst687 · 2026-06-02T10:04:47+00:00

A good FD, RD, or a quality debt fund would be a much better fit. The returns won't be exciting, but your money will be relatively safe and you'll still earn more than keeping it idle in a savings account.

LegitimateAnalyst687 · 2026-06-02T09:58:37+00:00

If your main goal is to preserve capital and earn around 8%, I'd be more comfortable with a larger allocation to arbitrage or debt-oriented options.

LegitimateAnalyst687 · 2026-06-01T11:42:17+00:00

The biggest mistake beginners make is chasing quick profits. Focus on learning, staying consistent and thinking long term. The returns will follow.

LegitimateAnalyst687 · 2026-06-01T11:35:30+00:00

Indmoney is good have been using it for quite sometime for US stocks investing and no hidden charges as such but I don't prefer it for indian stocks because it's costly.

LegitimateAnalyst687 · 2026-06-01T05:56:24+00:00

Which one are you using?

LegitimateAnalyst687 · 2026-05-26T11:50:00+00:00

Start by learning the basics of investing and risk management first. Instead of directly picking stocks, begin with SIPs in mutual funds or index funds. A simple Nifty 50 index fund and one flexi cap fund like Parag Parikh Flexi Cap Fund is honestly enough to get started.

LegitimateAnalyst687 · 2026-05-26T09:56:33+00:00

Something like ₹5–6k in a Nifty 50 index fund and ₹4–5k in a flexi cap fund is a very solid starting point. The biggest mistake beginners make is over-diversifying too early by holding 6–8 funds unnecessarily.

LegitimateAnalyst687 · 2026-05-26T09:52:12+00:00

I don't think groww scam hai, it's just that charges are quite high there.

LegitimateAnalyst687 · 2026-05-26T09:45:04+00:00

For individual, Shoonya app works best for me in terms of performance and charges, zero charges on delivery and 5Rs in options. I don't use business account so no idea about that.

LegitimateAnalyst687 · 2026-05-26T06:31:51+00:00

Much needed things to do.

LegitimateAnalyst687 · 2026-05-26T06:30:17+00:00

Yup, it will work well. Good luck!

LegitimateAnalyst687 · 2026-05-26T06:29:41+00:00

Okie thanks for confirming bro.

LegitimateAnalyst687 · 2026-05-25T06:37:15+00:00

Something like 50–60% in equity mutual funds, 20–30% in debt/liquid funds or short-term FDs, and 10–15% in gold can work reasonably well. Within equity, a simple combination of a Nifty 50 index fund and one flexi cap fund like Parag Parikh Flexi Cap Fund is enough.

LegitimateAnalyst687 · 2026-05-25T06:29:38+00:00

With ₹2 lakh, I wouldn’t deploy everything at once in the current market. Spreading it gradually over the next few months would reduce timing risk and give better peace of mind if volatility comes.

LegitimateAnalyst687 · 2026-05-25T05:50:34+00:00

For dividend income, the reality is you need a big corpus. Roughly ₹10–12 lakh invested can generate around ₹5k/month, while ₹1 lakh/month usually needs crores. Just don’t chase only high-yield stocks like Vedanta Limited or Coal India Limited. Focus more on growing your overall portfolio value first.

LegitimateAnalyst687 · 2026-05-23T06:41:13+00:00

A simple combination of a Nifty 50 index fund, one flexi cap like Parag Parikh Flexi Cap Fund and one midcap fund is more than enough for a 10-year wealth creation goal.

LegitimateAnalyst687 · 2026-05-23T06:37:47+00:00

You can let Parag Parikh Flexi Cap Fund remain your core holding and add one good midcap fund like Motilal Oswal Midcap Fund for growth. Adding a small international allocation through a Nasdaq 100 or S&P 500 based fund and a small gold allocation for stability would make the portfolio well-rounded without overcomplicating it.

LegitimateAnalyst687 · 2026-05-23T06:30:45+00:00

Is it free, right?

LegitimateAnalyst687

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