Investment is the key of prosperous life but investing is not easy as it depends on experience and perception. Investing in the stock market can be right or wrong, it doesn’t matter but the only thing matters how much you earned when you were right and how much you lost when you were wrong. A broker is a mediator between the exchanges and investors and it plays a key role in the investing part of any trader so it is quite important to choose a diverse and technical-driven platform. Geojit Financial Services Limited is one of the oldest stockbrokers of India, incorporated on 1987 as financial services firm and further known as full-service broker of India. Geojit Financial Services Limited provides the facility to invest in NSE, BSE, MCX and NCDEX. Geojit is the depositary member of CDSL and NSDL and it provides the flexibility to choose between both the exchanges. Geojit provides online facility to open demat and trading account from any corner of the world. Any person can also visit nearby branch to open an offline account. Geojit Financial Services Limited offers many types of financial services to invest in such as equity, derivative, mutual funds, currency, commodity, IPO, insurance and portfolio management services.
Customer-centric philosophy of the company proves as a game changer for the company. Geojit Financial Services Limited has its presence in more than 500+ Indian places and overseas such as Dubai, Bahrain, Muscat, Abu Dhabi, Kuwait, Al Ain and Sharjah. According to the SEBI guidelines, Geojit Financial Services Limited offers a leverage facility in almost all the segments except in equity delivery segment. Geojit has a client base of 8.4 lakhs customers and about 30,000 Cr. assets are under management.
• Form A2 is required along with a declaration form: As per the FEMA rules and regulations, form A2 is required every time to declare the amount that is to be transfer abroad. Within the LRS fillings, your bank will file this for you and Stockal automatically fills this for you, only you need to check that all the information is correct or not after that download the filled-in-form, sign and upload it again for your bank to file.
• PAN card, address proof.
Yes, you can apply for any IPO by using Geojit platform and you will get the information about upcoming IPOs, IPO opening & closing date, allotment date, face value, equity share price, company’s background & financial assets etc. on this platform.
Hedging is considered as a risk management strategy in which trader used to take equal and opposite position in futures market to avoid the risk of loss due to fluctuation in prices in the share market.
You can invest in US market by using Geojit platform, you need to open ab account on Geojit, powered by ‘Stockkal’. Your brokerage account will be created with Geojit’s US partner for clearing services ‘DriveWealth’. After document verification, it will take 2 business days to open your account. After opening your account, you need to transfer money into your brokerage account from your domestic account and now you can invest in US stocks. You can also take the extensive research and support available on the platform.
Debenture is a kind of bond issued by a company with no collateral. It is a type of debt instrument which has a term usually greater than 10 years and backed only by creditworthiness and reputation of the issuer.