Brokerage account for people with no formal employment possible?

[palak.v615]

Yeah of course !!

Employment is not mandatory to open trading account .You can open it easily ,just need your documents such as Pan card, address proof, bank statement and cancel cheque.
No any broker or bank will ask you for any clarification of your occupation Whenever fill KYC for trading you can just tick on self employee.

Any withdrawals or Deposit of payment in your bank account is not subject to your broker or bank .They will just check your latest transaction (six months).So Do not worry go ahead for trading account.

 

[varunkumarsharma]

Answer: There are some misconceptions about trading and stock market in actual trading can be done anybody who is employed or unemployed. It can be done by full time or part time as according to the sole discretion of a person. Little money is required to start trading. If someone is unemployed he can start trading whenever he wants with a little money and there are many good brokers other than Zerodha who charged very less brokerage charges and provide many services like Finvasia, Angel etc.