Frenday.com

By On the rocks on Jun 15, 2009 | Reply

First, if you have never invested and you want to see if you can make money, then you need to become familiar with the markets and company valuation.
Start by setting up an account with fake money such as http://WWW.INVESTOPEDIA.COM for free!
I would recommend trading for one year before you jump in with real money. If you learn quickly, there will still be things that you can’t understand without the actual experience of trading.
Once you decide to trade,then find an online broker (for example, Scottrade).
You can open an account with them for$500.
Trades will cost aprox. $7 for stock trades.
The problem with “trading” stocks without a large amount of capital is known as a settlement date. This date can be a bit confusing but in its simplest form everytime you sell a stock the money is “held” for a number of days (usually four to five depending on the broker) unless you have enough cash in your account to cover the amount this can lead to dangerous situations with trading.
Also, the lack of market knowledge usually leads to people chasing stocks that are running up rather than identifying stocks that are undervalued but worth buying. Most investors lose money chasing returns. If you truly want to be a successful investor, then learn from warren buffet.
If you have to jump in, then I would recommend opening an account at an online broker, putting your money into a reputable mutual fund (a collection of stocks) and learn as much as you can trading with fake money.
Good luck.

By DG T on Jun 15, 2009 | Reply

Open a brokerage account at Zecco.

By Frank Castle on Jun 15, 2009 | Reply

Open a Demat Acc. with any broker and learn min 6 month from site like http://indianstocksnse.blogspot.com and then start:
Free Tips for Week-1: Result
IFCI: Both Target 1 & Target 2 Hit.
KOTAKBANK: Target 1 Hit.
BHARTIARTL: Profitable.
Free Tips for Week-2: Result
JSTAINLESS : SL triggerd
RELCAPITAL: Both Target 1 & Target 2 Hit.
UTIBANK: Both Target 1 & Target 2 Hit.