The perspective of the public towards stock market trading is gradually changing from being a taboo (thanks to a lot of frauds worldwide in the late 1900s), to a more professional and legitimate one. This claim is supported by the increase in the number of new demat accounts every year, as shown in the image below. In the corporate circle, it is very common for the employees, from freshers to CEOs, to have some form of direct or indirect investment into the stock markets. However, for professional traders and investors, stocks are not the only field of interest to earn more money. There are a lot of other options, like F&O (Futures and Options), Gold, currency trading, securities and bonds, etc. for a full-time trader/investor to choose from while chalking up his investment plans or trade strategies. However, all these different kinds of options have one thing in common, and that is, you need to have some funds to invest in them. When you have got the funds that you need to invest, the next step will be to deposit those funds in the brokerage account. From there you can further use them to make all kinds of investments and conduct trades of your choice. Let us now see what a brokerage account is and how we can open it.
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