ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -In India, once you have reached the age of 18, you can easily start trading. This is the right age to start if you really have an interest in trading, as you have years ahead to master tactics and strategies.

Detailed explanation-2: -Although you will be unable to open a brokerage account on your own if you are under the age of majority, you can work with a parent, guardian, or trusted adult to open a custodial or joint account that will allow you to begin investing.

Detailed explanation-3: -There is no age limit to investing in the Indian stock market. Both, as an adult or as a minor you can have a Demat account to trade in the stock market.

Detailed explanation-4: -Anyone at least 18 years old can open an online brokerage account. Those who are younger than that will need a parent’s assistance. Parents can either open a brokerage account on their teen’s behalf or set up a custodial account. The process is relatively simple and usually takes less than 15 minutes.

Detailed explanation-5: -Contrary to what you may assume, you don’t need to be 18 to get started. There is no minimum age to invest in the stock market. Both a minor and an adult can invest in stocks. An account can be opened in a minor’s name by the parents or the appointed guardian after submitting their respective documents.