Tag: trading

Top 10 Best Trading Apps in India for Beginners to Earn Money | Best Mobile Trading Platforms 2025

Mobile cryptocurrency trading has seen a tremendous surge in India due to the increased number of beginners who started using apps before getting into real trading. The trend of trading via smartphones is going to another level with its user-friendly and seamless trading experience.

Nowadays, trading apps have become quite common among youths. People have started preferring mobile trading rather than traditional trading. Moreover, cryptocurrencies have also become the latest fad among youths. India ranks 2nd in the world in crypto adoption.

Despite the risk, cryptocurrency platforms have successfully been able to hook young Indians by offering a seamless user experience. Even inexperienced youths are busy exploring these crypto trading apps.

In order to make your trading experience more confident, we have compiled a list of the safest online stock trading and crypto trading apps in India. You can have a look at these lists and analyze which apps suit you best.

List of Top 10 Trading Apps in India

S.No.	Platform	Active Clients (approx.)	Brokerage Charges	Key Feature
1	Zerodha Kite	1.2 crore+	₹20 per trade (equity intraday & F&O)	Advanced charting & lowest brokerage
2	Upstox PRO	60 lakh+	₹20 per trade (equity intraday & F&O)	Fast order execution & rich indicators
3	Angel Broking	40 lakh+	₹20 per trade (equity intraday & F&O)	Personalized advisory & research
4	Motilal Oswal	15 lakh+	% based (0.3% delivery, 0.03% intraday)	Strong research & wealth management
5	5Paisa	25 lakh+	₹20 per trade (equity intraday & F&O)	Flat brokerage & robo-advisory
6	India Infoline	10 lakh+	% based (0.25% delivery, 0.03% intraday)	Research-backed investment options
7	Kotak Securities	12 lakh+	Free intraday, 0.25% delivery	Zero brokerage intraday & full-service support
8	Groww	55 lakh+	₹20 per trade (equity intraday & F&O)	Easy-to-use app & direct mutual funds
9	Dhan	8 lakh+	₹20 per trade (equity intraday & F&O)	TradingView integration & speed
10	Paytm Money	9 lakh+	₹20 per trade (equity intraday & F&O)	Low-cost investing & mobile-first platform

List of Safest Online Crypto Trading Apps in India

S.No.	Platform	Key Feature	Suitable For
1	Binance	World’s largest crypto exchange by volume	Experienced traders & large-volume traders
2	Coinbase	User-friendly platform with strong security	Beginners and institutional investors
3	WazirX	Popular Indian crypto exchange with P2P feature	Indian crypto users & P2P traders
4	Trading View	Advanced charting and social trading platform	Technical analysts & social traders
5	Bitfinex	High liquidity with advanced trading options	Professional traders & margin traders
6	Kraken	Robust security and wide range of cryptocurrencies	Security-conscious traders & global users

List of Safest Online Stock Trading Apps in India

Someone who’s stepping into the world of the stock market needs to have the proper stock trading app from an authorized stock trading platform. Since they’re beginners, they want the safest, most user-friendly, and most legitimate platform to start their trading journey.

So, here is a list of online stock trading apps offered by legit discount brokers that would help you to buy or sell stocks with simple steps.

Zerodha Kite

Platform	Zerodha Kite
Founded Year	2010
Headquarters	Bengaluru, India
Special Feature	Advanced charting with 100+ indicators, seamless order execution, API for algo trading

Zerodha Kite is one of the best and safest trading apps and the number 1 stockbroker in the country, making it the best trading app for beginners in India. The app has a user-friendly platform with streaming market data, advanced charts, an elegant UI, and more. Zerodha is India’s first discount brokerage company.

For intraday trading of stocks and futures (i.e., when you buy and sell the stock on the same day), the brokerage charge is 0.03% of turnover or INR 20, whichever is lower per executed order.

Zerodha can be the best choice for a beginner as well as an experienced individual.

Zerodha Trading | Full Tutorial

Upstox PRO

Platform	Upstox PRO
Founded Year	2011
Headquarters	Mumbai, India
Special Feature	Fast order execution, advanced charting tools, options strategy builder, and seamless mobile trading experience

Upstox PRO is a mobile application of one of the leading discount brokers in the country, i.e., Upstox. Upstox was formerly known as RKSV Securities, and Ratan Tata backs the company.

The Upstox charges are similar to those of Zerodha, making it a discount broker and the second-best trading app in India. It is also recognized as the best trading app for beginners. Currently, you can open a Demat and trading account with Upstox for free of cost with various other benefits.

Angel Broking

Platform	Angel Broking
Founded Year	1987
Headquarters	Mumbai, India
Special Feature	Personalized advisory services, AI-powered ARQ investment engine, and extensive research reports

Angel Broking is one of the oldest players in the stock market brokerage industry. They have been in the industry for more than 30 years, and is top 5 trading app in India. They have a wide range of services, and an online trading platform is one of them. Earlier, the company used to follow a full-service model for its trading platform, but in 2019, it started following the discount broker method.

All intraday trading, i.e., stocks, futures, options, currencies, and commodities, will be charged INR 20 per trade. Angel Broking account opening charges are free, and one is exempted from paying the Annual Maintenance charge for the first year.

Motilal Oswal

Platform	Motilal Oswal
Founded Year	1987
Headquarters	Mumbai, India
Special Feature	Research-driven stock recommendations, wealth management services, and strong focus on long-term investing

Motilal Oswal (MOSL) is another major stockbroker in India who started in 1987. They have a strong network of branches and sub-brokers. The company has 1700+ branches across India. Motilal Oswal is not a discount broker. Their brokerage charges are quite higher as compared to the discount brokers.

Their research papers are considered good as they invest 10% of their profits into research. If you are a beginner who requires some guidance and doesn’t mind paying extra, then you can choose Motilal Oswal for the best mobile trading app experience.

5Paisa

Platform	5Paisa
Founded Year	2016
Headquarters	Mumbai, India
Special Feature	Flat ₹20 per trade brokerage, robo-advisory, and easy-to-use mobile app for trading and investing

5Paisa is also known as one of the best trading platforms and a discount broker in India. The company, promoted by IIFL (India Infoline), offers a unique feature of guest login. Using this feature, one can avoid giving their personal details to check the app and end up getting unsolicited emails, calls, and messages from the service provider.

All intraday trading, i.e., stocks, futures, options, currencies, and commodities, will be charged INR 20 per order that is executed. The rates are similar to other discount brokers such as Upstox, Zerodha and Angel Broker.

India Infoline

Platform	India Infoline
Founded Year	1995
Headquarters	Mumbai, India
Special Feature	Comprehensive research reports, wide investment options, and strong customer support

India Infoline (IIFL) is a full-service stockbroker. It is a reputed stock broker in India that was established in 1995. IIFL’s brokerage charges are higher than those of other discount brokers.

The company provides personalized service to all its clients, and if someone is looking for a company that will guide and support them through research and recommendations, then they can choose IIFL. They provide stock tips to make a better decision.

Kotak Securities

Platform	Kotak Securities
Founded Year	1994
Headquarters	Mumbai, India
Special Feature	Zero brokerage on intraday trades, full-service brokerage with research and advisory

Kotak Securities is an excellent choice for new investors, offering a hassle-free account opening process with no fees and discounted rates for those under 30. Their intuitive trading app is available on multiple platforms and provides access to diverse investment options, such as stocks, IPOs, derivatives, mutual funds, and global investment opportunities. In addition to its user-friendly interface, the platform offers several valuable features, such as margin funding, live portfolio tracking, and comprehensive stock analysis tools.

Kotak Securities stands out among other trading platforms because it offers zero account opening charges and competitive brokerage rates of 0.25%. With over 10 lakh Android downloads, their mobile app is user-friendly and allows for seamless trading experiences. Additionally, their refer and earn program rewards users with referral points equivalent to 15% of the referred transactions, incentivizing them to grow their network. Kotak Securities is committed to making investing accessible and affordable for everyone, with no initial financial barriers and competitive brokerage rates.

Groww

Platform	Groww
Founded Year	2016
Headquarters	Bengaluru, India
Special Feature	User-friendly platform offering direct mutual funds, stocks, ETFs, IPOs, digital gold, and F&O trading

Groww has a simple pricing structure that follows a flat fee model for brokerage charges. This model charges a minimum brokerage of 0.05% and a maximum of INR 20 across all trading segments, including Equity Delivery, Intraday, and F&O. This provides investors with transparency and cost-effectiveness. Moreover, account opening and maintenance are free, and there are no charges for Demat account upkeep, making it more accessible for users. The platform offers a wide range of investment options, such as stocks, mutual funds, gold, US stocks, and fixed deposits, and provides robust security measures to safeguard customer data and transactions through encryption and verification protocols.

Groww offers various tools like live market updates, stock screening, portfolio tracking, SIP calculator, and smart alerts for informed decision-making. Users also receive expert guidance and support from a dedicated team of analysts who provide research reports, recommendations, tips, and insights. With 24/7 customer support, Groww ensures a seamless investment experience for its users.

Dhan

Platform	Dhan
Founded Year	2021
Headquarters	Mumbai, India
Special Feature	TradingView & ChartIQ integration, fast order execution

Dhan is a modern trading app designed for both active traders and long-term investors. Known for its fast trade execution and advanced options trading tools, it offers real-time market data, backtesting, and API access for algorithmic trading, making it ideal for options traders and algo developers seeking a technical edge.

The platform also stands out for its innovative features, competitive pricing, and strong focus on user education. Unlike many brokers, Dhan charges no account maintenance fees and no brokerage on stock delivery trades, which appeals to long-term investors. For intraday trades, it applies a flat fee of INR 20 per order or 0.03% of trade value, whichever is lower.

With advanced charting tools, fractional share investing, access to US stocks, and a user-friendly interface, Dhan offers a blend of affordability, technology, and educational support—making it a compelling choice for traders at every level.

Paytm Money

Platform	Paytm Money
Founded Year	2017
Headquarters	Bengaluru, India
Special Feature	Direct mutual fund investments, stock trading, NPS, digital gold

Paytm Money, a subsidiary of One97 Communications, was launched to make investing simple and accessible for India’s young and first-time investors. Headquartered in Bengaluru, the platform focuses on providing seamless digital investment solutions through its mobile app and web interface.

The platform offers paperless account opening, easy fund transfers, and zero-commission stock investing, along with mutual fund investments featuring SIPs, risk profiling, and real-time portfolio tracking. Backed by major investors like Ant Group and SoftBank, Paytm Money is strategically positioned to cater to the rising wave of digitally savvy millennials seeking effortless entry into the financial markets.

List of Safest Crypto Trading Apps in India

Like the stock trading app, there are crypto trading apps meant for buying or selling underlying coins via an exchange.

Crypto Trading Apps provide a platform to consider the movement of cryptocurrency prices. One can buy or sell cryptos like Bitcoin using Indian Rupee in simple steps using these mobile apps.

Binance

Binance, established in 2017, is a platform for trading cryptocurrencies. It is considered one of the largest cryptocurrency exchanges in the world based on its trading volumes. The platform focuses strongly on Altcoins. An altcoin is an alternative digital currency to Bitcoin. It refers to a group of cryptocurrencies, ultimately all the cryptocurrencies other than Bitcoin.

The platform charges 0.1% from the taker and 0.1% from the maker’s side. You can choose Binance for trading cryptos if you want to invest in lesser-known cryptocurrencies.

Coinbase

Coinbase is also a cryptocurrency platform founded in 2012. It is a secure platform for buying, selling, and storing cryptocurrencies and is quite popular in the United States.

Coinbase charges around $0.99 to $2.99 depending on the dollar value of the purchase. Their user interface is considered to be very simple, and the transactions are highly liquid.

WazirX

WazirX is an Indian cryptocurrency trading platform that is owned by the global cryptocurrency exchange Binance. WazirX has the highest trading volume compared to any other cryptocurrency exchange in India.

WazirX claims a $2.3 billion monthly volume with a registered user base of around 1.75 million. As per CoinMarketCap, WazirX was the 27^th top cryptocurrency exchange globally in terms of liquidity, traffic, trading volumes, and confidence in the legitimacy of the trading volumes.

Trading View

Trading View is a stock market trading and investing platform. It is one of the best platforms for beginners as it provides an option for paper trading. Paper trading is a method where the platform provides you with an imaginary amount and lets you pick trades in an imaginary stock market.

The platform provides an experience of what the real market looks like and how trading feels exactly. Also, there is an option to trade in cryptocurrency exchanges as well.

Bitfinex

Bitfinex is a cryptocurrency trading platform owned and operated by iFinex Inc, which is registered in the British Virgin Islands. The platform was launched in 2012 and deals with all sorts of cryptocurrencies around the world.

Bitfinex is the leading exchange for USD-denominated Bitcoin trading. It offers to order books with top-tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO and many other digital assets with minimal slippage.

Kraken

Kraken is a cryptocurrency platform where you can trade all kinds of cryptocurrencies using fiat currencies. You can use fiat currencies such as U.S. Dollars, Canadian Dollars, Japanese Yen, and Euros.

Conclusion

They offer a trading platform with all sorts of required features for individual cryptocurrency traders as well as large trading firms. Kraken is one of the top leaders in cryptocurrency exchanges.

Everyone (be it a trader investor or youth) has started to lean more towards the discount brokers who are offering their best online trading mobile app service. Hence, these trading apps are considered to be the best and safest in the marketplace.

Disclaimer: All the above-mentioned data are based on our research. Use these apps only after thorough research from your side.

FAQs

Which are the best stock trading apps for beginners in India?

The safest online trading apps in India are as follows:

Zerodha Kite
Upstox PRO
Angel Broking
Motilal Oswal
5Paisa
India Infoline Markets
Binance
Coinbase
WazirX
Trading View
Bitfinex
Kraken

How much money do day traders make in India?

It depends on who is trading. If a non-skilled trader is trading, it is highly likely that he/she will lose money. But if a skilled trader is trading, he/she can make up to ₹1 lakh per day with ₹1 crore of investment, i.e., 1%.

Who are the prominent traders in India?

Some prominent traders in India include Radhakishan Damani, the founder of D-Mart, and Nemish Shah, the co-founder of Enam Holdings.

Is online trading safe?

Online trading is as safe as offline trading. It has grown over 100% in India due to an increasing number of beginners who have started using the apps before getting into real trading.

Is Zerodha good for beginners?

Zerodha is considered the best discount broker for beginners in the trading market as its brokerage charge is 0.03% of turnover or INR 20, whichever is lower per executed order.

What is WazirX?

WazirrX is an Indian cryptocurrency trading platform that is owned by the global cryptocurrency exchange Binance. WazirX has the highest trading volume compared to any other cryptocurrency exchange in India.

Is Kite Zerodha safe?

Zerodha is a safe, legitimate, and genuine stock broker in India. SEBI regulates it and is a debt-free company.

Which is the best mobile trading app in India?

According to user reviews and industry rankings, IIFL Markets is often considered the best mobile trading app in India for its user-friendly interface and comprehensive features.

Which trading app is best for beginners?

Groww and Paytm Money are best for beginners in India because they are simple, low-cost, and easy to use.

July 28, 2025

Zerodha Marketing Strategy – How Zerodha Succeeded Without Advertisements
If you have a little bit of interest in the equity or stock market, you must have come across the name Zerodha. It is one of the dominant brokerage platforms that facilitates five million+ orders daily.

To be very honest, after the 2008 financial crisis, many big corporate houses have faced colossal losses. The stock market was at its worst, and many people lost their faith in investment.

The 2008 market collapse was the most significant single-day decrease in modern history. The fallout from this disastrous financial catastrophe washed away large portions of retirement savings and had a long-term impact on business, even after the share market had stabilized.

The recession was the black phase for every country, but then in 2009, the Kamath brothers came up with the idea of Zerodha, which is an online brokerage platform. At that instant, there were many share marketing platforms like Sharekhan and ICICI available in the market, and launching Zerodha seemed to be a foolish move. Because how can you beat the legends but with hope in their heart, they launched Zerodha in 2010 with a small budget of INR 10 lakhs.

Let’s know all about Zerodha and its marketing strategy in detail.

The Story Behind Zerodha
Zerodha Marketing Strategy
Zerodha’s Unique and Innovative Customer Acquistion Approach
Zerodha Success Factors
Why Doesn’t Zerodha Believe in Advertising?
Things That Make Zerodha Stand Out in the Market

The Story Behind Zerodha

Zerodha is a brokerage company situated in Bengaluru, Karnataka. Nitin Kamath created it on August 15, 2010. It is India’s first cheap broker, ushering in a new era in the brokerage sector. In India, Zerodha is the biggest and one of the finest stock brokers. The ultimate aim was to make investing barrier-free, which is why they came up with the name Zerodha.

The name “Zerodha” is an English-Sanskrit portmanteau word consisting of “Zero” in English and “Rodha” (Barriers or Obstructions) in Sanskrit, to sum up as “No Obstructions.” The name of the company directly signifies the birth of the challenge-free online stock-broking platform that Zerodha is!

The Zerodha logo features the numeral ‘0’ in a block format, cropped stylishly to form an upward-pointing arrow. This represents the successful path traders can expect when using Zerodha’s platform.

Do you know that both brothers are listed in the Forbes list of India’s 100 most prosperous 2020? You might be aware of that, but what makes us awe is how they became the most substantial brokerage company in India, with around 10 million users.

Before founding Zerodha, the company’s co-founder, “Nithin Kamath,” worked in customer service at night and traded during the day. He was exposed to the financial markets by a companion when he was 17 years old, and he has been investing ever since.

After working full-time for over ten years, he chose to be a broker because he felt the moment had come to offer a distinct type of structured finance service that he had never encountered throughout his trading career. When he initially considered creating Zerodha, he believed that digitalization and a user-friendly platform were highly required. Nithin Kamath further noted that the hefty brokerage costs imposed on trades are one of the reasons why young people are hesitant to begin trading. His goal was to be an internet broker who prioritized people before profits by utilizing cutting-edge technology. That’s the incarnation of Zerodha.

Nithin Kamath – Founder & CEO of Zerodha | Biography

Nithin Kamath is a Co-founder of the brokerage company Zerodha and Rainmatter. Know about Nithin Kamath’s education, success story, etc.

StartupTalkyMegha Rani

Zerodha Marketing Strategy

Coming to our next section, where we will shed light on how Zerodha became so popular among people and what their marketing strategy is. Zerodha was launched to give consumers technology-efficient and cost-effective services. Many young users were afraid to try stock investments because of the brokerage charges. Furthermore, the technology used was old and could be a bummer for many of us. Kamath’s brother knew that it was time to change and allure young minds with a service that didn’t require any technological expertise.

Not only this, he knew that to attract youthful consumers, he had to offer something out of the box. Many of the young customers were put off by hefty commission fees when it came to trading. He took advantage of it, and hence he introduced a zero brokerage strategy. The owners of the company believed that there was no better marketing than word of mouth. They didn’t spend huge chunks of money on the advertisement. Instead, they started focusing on building brand credibility. The next thing they started was educating millennials about trading.

Zerodha Business Model | How Zerodha Makes Money

Explore Zerodha’s business model and discover how the leading Indian brokerage firm generates revenue through innovative trading platforms, brokerage services, and investment products, while maintaining a commission-free trading approach.

StartupTalkyNitin Konde

Zerodha’s Unique and Innovative Customer Acquistion Approach

While many stockbrokers still use cold calls and ads to get clients, Zerodha took a different route. It focused on making trading easy, rewarding referrals, and educating users, leading to massive word-of-mouth growth.

India’s First Zero Brokerage Plan

Back when all brokers charged a fixed commission, Zerodha broke the norm. It became the first in India to offer zero brokerage on equity delivery trades. This bold move helped them stand out and quickly attract customers.

Growth Through Referrals

Instead of spending heavily on ads, Zerodha chose to reward its users. Through its referral program, existing clients earn bonuses for every new person they bring in. Today, more than 60% of Zerodha’s users have joined through referrals, saving the company a lot on marketing.

Educating Investor Communities

Zerodha created Varsity, a free learning platform that teaches everything from basic finance to advanced trading strategies. It’s become a trusted resource for anyone looking to learn, helping Zerodha build trust and credibility in the market.

Zerodha Marketing Success Factors

The critical factors involved in the success of Zerodha are mentioned below.

Zerodha Marketing Success Factors

Standard Proposition

The very first marketing strategy was to be crystal clear about everything. Most users don’t trust brokerage services because they involve money. So they considered that thing by being clear about everything. When the company entered the market, many stockbrokers offered irrational prices and non-transparent pricing to clients. Then Zerodha came up with a standard proposition with zero commitments. This worked out well for the company. If you take a look at the FAQ section of the company, you will see the direct response and clear answers admired by most of their users. The company doesn’t believe in confusing its clients.

Concentrate on New Account Opening

The second reason for their vast success was putting their minds to bringing in more customers. They didn’t have any relationship managers or dealers. They started focusing on getting a new client. Today, the company has more than 2.3 million clients.

Number of Active Clients With Zerodha From Financial Year 2014 to 2022

Referral Program and Business Affiliates

The strongest pillar of Zerodha marketing is the referral and affiliate programs. Rather than investing in an advertisement, they came up with the idea of giving a commission to their referrals. Many bloggers and YouTubers promote the services through affiliate programs on their platforms, and in return, they earn a commission on every purchase. The referral program helped Zerodha discover thousands of leads that too without any upfront cost.

Innovation and Technology

The company understands the importance of change and evolution for growth. They knew how important it is to take advantage of technology and offer something innovative to their client base—that’s why they keep launching applications like Kite, Pi, and much more. The platform was fundamental in the earlier days with minimal features, but then they added advanced features like API integrations, third-party applications, and much more. They keep adding new features so that their consumers won’t lose interest.

Zerodha Kite

Online Engagement and Digital Marketing

Every business knows how important it is to gain an online presence and engagement. This is why they kept their users engaged on the platform by offering to educate them about blogs and much more. Varsity offers content that educates users, and it brings a chunk of traffic. The importance of digital marketing is that it provides a subscriber base and improves the authority of the domain in the eyes of Google. Also, clients find the service genuine when they gain something in return, such as learning about the stock market or trading.

Nikhil Kamath Biography: Zerodha’s Dropout Billionaire | Net Worth | Education | Personal Life

Explore the extraordinary story of Nikhil Kamath, the self-made entrepreneur and founder of Zerodha, as he turned his trading passion into a billion-dollar success story. Explore the success story of Nikhil Kamath, his early life, personal life, his education, family background, childhood, age, career, parents, investments, and much more. Know more about him on Nikhil Kamath Wikipedia.

StartupTalkyKanimozhi Sivakumar

Why Doesn’t Zerodha Believe in Advertising?

The reason for the same is that most users don’t make impulse purchases when it comes to stock marketing. Trading involves investment and the risk of losing money, so the users try to be very cautious and attentive. The following reason why most people prefer to invest in the stock market is because of greed. The greed to double their money. Zerodha analyzed their customer mentality, and they knew if stock marketing became an impulse, it wouldn’t benefit them. So they started shifting their focus to word-of-mouth marketing. Most of the users on Zerodha are recommended by others. Such users won’t lose interest in trading because they want to make the best out of it.

So, rather than focusing on an advertisement, they start investing in customers.

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Things That Make Zerodha Stand Out in the Market

The reason why Zerodha is distinct from its users is its approach to educating its users first. Zerodha does not provide stock recommendations, unlike a full-fledged brokerage platform. When new traders enter the site, they first must learn the ropes of the trade. An engaged customer base would be driven by traders’ capacity to comprehend why they are going bankrupt or trade sensibly. In 2015, Zerodha Varsity was developed with the same goal in mind and a blog connection to build interest in the website. In 2019, the Varsity App was released, as well as material in Hindi.

Later, there were Finception and LearnApp. Finception concentrates on making financial material easy for its users, whereas LearnApp sells finance information to consumers for a fee, including videos handpicked by top fund institution specialists. They’ve been extending their educational goal by using current collaborations.

Furthermore, unlike the other companies, the Kamath siblings do not impose charges for distribution or trading. Instead, they retain a 10% portion of the earnings from the investment.

Zerodha Success Story – The Largest Stock Broker in India

Zerodha is an Indian financial services company founded by Nithin and Nikhil Kamath in 2010. Check out Zerodha’s business model, revenue, profit, and more.

StartupTalkyAnik Banerjee

Conclusion

That’s all! Here we have mentioned all about the Zerodha marketing strategy. The business model of a company is promising. Their user base is young. The reason behind their success is exceptional products with transparent pricing. However, most of the users were not satisfied with the company’s uptime, and it has been news for the server down issue, but the brothers promised to make the platform more friendly each passing day. Not just this, there has also been news that soon the company will enter the advisory sector too. It would be fun to watch how well this would work out for Zerodha.

That’s all we have for now. In case we have missed something, please feel free to reach out to us in the comments section.

FAQs

Is Zerodha a unicorn?

Zerodha entered the unicorn club in June 2020 with a valuation of $1 billion.

Who is the owner of Zerodha?

Nithin Kamath and Nikhil Kamath are the owners of Zerodha.

How much does it cost to open a Zerodha account?

Zerodha charges Rs 200 for online accounts and Rs 400 for offline account opening.

What is Zerodha Pricing?

Zerodha Pricing are listed below:
- All equity delivery investments (NSE, BSE), are absolutely free.
- Flat Rs. 20 or 0.03% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades.
- All direct mutual fund investments are absolutely free.
What is the number of active customers of Zerodha?

Zerodha has over 62.77 lakh active customers as of 2022.

What is Zerodha valuation?

Zerodha Valuation is $3.6 billion (2023).
May 2, 2025

Dropping Out to Cashing In: Remarkable Rise of Nikhil Kamath to India’s Youngest Billionaire

Is it just me, or is skipping school or the college exit door like a secret handshake to the world of success and stardom? There are so many dropouts-turned-superstars out there that it’s starting to seem like an underground club, where the membership fee is ditching the classroom.

On a lighter note, we usually encounter successful people who don’t hold a proper or suitable college degree. But such people have created a history that stands as a testimony to their intellect for all the future.

In this article, we explore the journey of one such person, who dropped out of school to later found India’s largest stockbroker – Zerodha. We will explore the success story of Nikhil Kamath, early life, his education, personal life, career, investments, and much more.

Nikhil Kamath Biography

Name	Nikhil Kamath
Birthplace	Shimoga, Karnataka
Date of Birth	September 5, 1986
Nationality	Indian
Education	School dropout
Position	Co-founder and CFO
Net worth	$3 billion (January 2025)

Nikhil Kamath – Early Life & Education
Nikhil Kamath – Career
Nikhil Kamath – Entering the Trading World
Nikhil Kamath – Personal life
Nikhil Kamath – Podcast
Nikhil Kamath – Zerodha
Nikhil Kamath – WTFund
Nikhil Kamath – Personal Investments
Nikhil Kamath – Partner Investments
Nikhil Kamath – Philanthropy
Nikhil Kamath – Controversies
Nikhil Kamath – Awards & Recognitions

Nikhil Kamath – Early Life & Education

Nikhil Kamath was born in Karnataka, India, in 1986. Since his dad was a bank employee, he often got transfers. Nikhil was 9 years old when they finally settled in Bangalore.

Though Nikhil displayed a strong aptitude for mathematics and problem-solving from a young age, he hated the traditional way of taking formal school education. In Bangalore, he attended a local school. Since the school didn’t let him appear for the 10th board exams citing his disinterest in studies as a reason, he decided to drop out of school. Thus, Nikhil didn’t have a formal mode of education after that.

Nikhil Kamath – Career

After dropping out of school in 10th grade, which was a huge decision, Nikhil Kamath’s journey to success was a remarkable tale of determination and resourcefulness.

After leaving school without a clear plan, he found himself working at a call center at the age of 17. To make ends meet, he even faked his birth certificate to land the job, which paid him a meager salary of INR 8,000.

Nikhil Kamath – Entering the Trading World

During those challenging times, he labored at the call center from 4 PM to 1 AM, and in the mornings, he delved into the world of trading. Nikhil learned the ropes of life outside his family’s protective cocoon, and he discovered that it was in the outside world where the real lessons were learned.

Around the age of 18, Nikhil decided to venture into stock trading more seriously. His father entrusted him with some of his savings. This leap of faith from his father marked the beginning of Nikhil’s journey as a trader. He not only managed his father’s money successfully but also convinced his manager at the call center to invest in stocks.

It turned out to be a fruitful endeavor, and soon, others followed suit, allowing Nikhil to manage their funds. In his final year at the call center, he cleverly managed the entire team’s money, which meant he didn’t have to go to work physically, yet he received incentives.

Zerodha’s Inception

Nikhil’s ambition eventually led him to leave his job and team up with his older brother Nithin Kamath, to launch Kamath Associates in 2010, which later evolved into the highly successful brokerage firm, Zerodha. His journey from a call center employee to a prominent figure in the financial world is a testament to his resourcefulness and dedication.

Nikhil Kamath – Personal life

Nikhil Kamath resides in the city of Bangalore, India. His parents are U.R. Kamath, an employee of Canara Bank, and Revathi Kamath. He was married to Amanda Puravankara who was the director of Provident Housing Ltd., Bangalore. The couple reportedly separated within a year of their marriage. Kamath is an avid reader and a chess player.

Nikhil Kamath – Podcast

Nikhil Kamath also hosts a podcast series “WTF is”, in which he interviews industry leaders and close friends in light-hearted but thought-provoking conversations. The program discusses various subjects including technology, social media, alternative energy, and more.

Prime Minister Narendra Modi made his podcast debut with Nikhil Kamath on 10 January 2025. The two-hour episode, titled “People with The Prime Minister Shri Narendra Modi x Nikhil Kamath,” is part of Kamath’s “WTF is” podcast series.

The conversation explored various topics, including PM Modi’s childhood, similarities between politics and entrepreneurship, essential skills for entering politics, governance, and global affairs.

People with The Prime Minister Shri Narendra Modi x Nikhil Kamath

Nikhil Kamath – Zerodha

Zerodha, a game-changing player in India’s trading and investment scene, commenced its operations on August 15, 2010, with a clear-cut mission: to remove the hurdles that traders and investors often faced, especially in terms of cost, support, and technology. The company’s name, “Zerodha,” cleverly combines “Zero” with “Rodha,” a Sanskrit word meaning barrier, to reflect their commitment to this vision.

Today, Zerodha proudly stands as one of India’s largest stockbrokers, thanks to its innovative pricing models and cutting-edge technology developed in-house.

They boast a massive client base of over 1 crore, managing millions of orders daily through their user-friendly investment platforms. Their influence is felt in the trading world, accounting for a significant 15% of all retail trading volumes in India.

Another creation of Kamath, True Beacon is a fee-free investment management company that targets investors with extremely high net worths.

Also, Rainmatter is their venture capital fund and incubator that invests in fintech companies and ventures that promote financial inclusion.

Nikhil Kamath – WTFund

Nikhil Kamath introduced the ‘Innovators Under 25‘ at the most recent WTFund Summit in Mumbai. An inaugural event was held in September 2024, to celebrate the establishment of WTFund, the first non-equity grant fund in India, to support innovation among entrepreneurs under the age of 25. It was a pivotal event for India’s startup ecosystem, showcasing the next generation of innovators ready to shape the country’s future.

The role of young entrepreneurs in creating India’s future was highlighted by Kamath. Anyone, from 25 to 80 years old, may be an entrepreneur and create the next great product. “But, come on, the enthusiasm, determination, and boldness usually come more naturally when you’re younger,” Kamath said.

To support nine startups now and nine thousand young businesses tomorrow, Kamath said, “We’re dedicated to building an India that isn’t afraid to take risks and step outside our comfort zones.” He went on to say that he hopes to aid thousands of startups in the future. Whoever decides to build their own aspirations instead of helping someone else realize theirs will lead India in the coming decade. The diversity of India’s innovation landscape is on full display among the fifteen grantees.

Nikhil Kamath – Personal Investments

Kamath has recently revealed in his podcast about his investment of INR 400 crore in Radico Khaitan for a 1.6-1.7% stake. Additionally, Nikhil has made some significant personal investments:

Announced Date	Organization Name	Lead Investor	Funding Round	Money Raised
September 11, 2023	Pee Safe	–	Series B	₹250 million
June 26, 2023	Mainstreet	–	Seed Round	₹2 million
January 31, 2023	Nourish You	–	Seed Round	₹163.7 million
July 26, 2022	Nas Company	–	Venture Round	₹12 million
March 15, 2022	Licious	–	Series F	₹11.5 billion
February 8, 2022	Kofluence	Yes	Seed Round	₹4 million
January 27, 2022	Growth School	–	Seed Round	₹375 million
April 1, 2021	Third Wave Coffee	Yes	Seed Round	–
March 17, 2021	Vokal	–	Secondary Market	–

Nikhil Kamath – Partner Investments

In addition to his personal investments, Nikhil has also made investments as a partner:

Announced Date	Organization Name	Investor Name	Lead Investor	Funding Round	Money Raised
October 13, 2023	Emoha Elder Care	Gruhas Proptech	Yes	Series B	$11 million
April 5, 2023	Ossus Biorenewables	Gruhas Proptech	Yes	Seed Round	₹197 million
March 15, 2023	Spirit Media	Gruhas Proptech	Yes	Venture Round	–
February 25, 2022	Licious	Gruhas Proptech	Yes	Series F	₹91.4 million
February 17, 2022	Omnipresent Robot Technologies	Gruhas Proptech	Yes	Venture Round	–

Nikhil Kamath – Philanthropy

Nikhil is also known for his philanthropy:

Nikhil Kamath recently joined the list of wealthy people around the world who have signed the Giving Pledge & pledged to donate 50% of their money to philanthropic causes. Notably, Kamath is the youngest Indian philanthropist to join the Giving Pledge.
Kamath also launched the Young India Philanthropic Pledge (YIPP), which mandates the signatories who are below 45 years of age to donate 25% of their fortune with a minimum spend of ₹1 crore per year.
According to the EdelGive-Hurun India Philanthropy List 2022, Kamath donated ₹100 crore of his wealth in 2022, along with his brother and co-founder of Zerodha, Nithin Kamath.

Nikhil Kamath – Controversies

Nikhil Kamath competed in a charity chess match against Viswanathan Anand, a five-time world chess champion. He won the match, much to the amazement of everyone. However, the multibillionaire eventually apologized for beating the chess champion unfairly and acknowledged doing so.

He tweeted, “I had help from the people analyzing the game, computers, and the graciousness of Anand sir himself to treat the game as a learning experience. This was for fun and charity. In hindsight, it was quite silly as I didn’t realize all the confusion that can get caused due to this. Apologies.”

Nikhil Kamath – Awards & Recognitions

Here are some prominent awards and recognitions for Nikhil Kamath:

He was among the Forbes India ‘30 under 30’ young entrepreneurs, in 2016
He was listed as the richest self-made Indian under 40 by ‘IIFL Wealth Hurun India 40 & Under Self-Made Rich List 2022’
He made it into Forbes’ list of the world’s billionaires in 2023
The Hurun India Report 2024 ranks Nithin and Nikhil Kamath 8th among self-made entrepreneurs for Zerodha, valued at Rs 64,800 crore.

FAQs

Who is Nikhil Kamath?

Nikhil Kamath is the founder and CFO of Zerodha, which is an online trading service provider company.

Where is Nikhil Kamath birthplace?

Nikhil Kamath was born on September 5, 1986, in Shimoga, Karnataka.

Who are Nikhil Kamath parents?

Nithin was born in Shivamogga, Karnataka, India, to a Konkani family. His father, Late U.R. Kamath, was employed as one of the executives of Canara Bank. His mother, Revathi Kamath, taught him to play the musical instrument, the veena.

When was Nikhil Kamath born?

Nikhil Kamath was born on September 5, 1986. His age is 39 years.

Who are the founders of Zerodha?

Nikhil Kamath and Nithin Kamath co-founded Zerodha.

Where did Nikhil Kamath study?

Nikhil Kamath did not follow a traditional education path. He dropped out of school after completing the 10th grade to pursue his interests in chess, stock trading, and entrepreneurship.

What is Nikhil Kamath net worth?

The net worth of Nikhil Kamath is $3 billion (January 2025).

What is Nikhil Kamath education?

Since the school in Bangalore, didn’t let him appear for the 10th board exams citing his disinterest in studies as a reason, he decided to drop out of school.

How Nikhil Kamath became billionaire?

Nikhil Kamath became a billionaire by co-founding Zerodha, India’s largest discount brokerage, which revolutionized stock trading with its low-cost, user-friendly platform. His success was driven by his expertise in stock trading, strategic thinking, and focus on simplifying investments for retail investors.

January 23, 2025

Investment vs Trade: The Differences To Acknowledge For Better Profit

A financial market is looked upon by both investors as well as traders to gain an advantage by the means of sharing and buying financial assets with utmost security. The financial market broadly classifies the terms that stand for a marketplace where bonds, currencies, and equity are traded off. The financial market serves as a connecting link between investors and collectors by joining them with capital. The two different aspects of taking part in the financial market are Investors and traders. Investors look out for the opportunity to invest in an eligible place, whereas traders lookout to trade their part with increased value. The basic definition and other useful details about both parts are shared below.

Investment
Things to consider before investing
Points to remember for successful Investment
Trade
Things to consider before trading
Points to remember for having a successful trading
Investing vs Trading

Investing vs Trading: Investing is done for a longer duration with minimal risk to gain average profit. Whereas, Trading is done within a limited period involving higher risk and profit.

Investment

Investment is defined as putting money into financial schemes, shares, and properties to achieve higher profit. It can also be considered as purchasing an item with the thought of selling it in the future to gain an extra from its increased value. In other language investing means allocating money with the expectations of some benefits or returns in the future. The return can either be counted as a benefit or can turn into a loss. Investors generally expect more return from riskier investments. If a low risk or low investment is made, the return is also generally low i.e. Low investment gives low profit.

Things to consider before investing

Risk

Risk is an essential point to consider before investing. Every investment is prone to some level of risk. There can be a high chance of losing some of the whole investing amounts before its outcome.

Every person gives a different response to ‘risk’, and the best reaction is noted from previous similar experiences encountered. Most investors or consultants suggest that you should exit a financial investment when the investment value is scrapped to 80%.

Return

There are two types of returns on financial investments, Assured Returns and Variable Returns.

Assured and variable returns are now replaced by Least Volatile and Highly Volatile returns. The least volatile financial investment includes parts like debt instruments and small saving schemes. Whereas, Equity, Gold, and real estate are counted under Highly Volatile investments. The only ‘risk’ free return is a fixed deposit return. Investors should decide the percentage of exposure in the Least and Highly Volatile investment.

Taxation

Taxation is the most important point of financial investments. Taxation benefits can be reversed under specified conditions. The Short Term Capital Gains (STCG) for an investment period under three years are taxed at the individual slab rate, but the Long Term Capital Gains (LTCG) are taxed at 20% plus surcharge and cess with indexation.

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Income source

Income and source of income are also important in investment. Salary may be a more stable source of income than self-employed or businessmen persons. Families with more sources of income can be more secure compared to single-income source families. The double income family saves more and more saving means more investment.

Knowledge of finance

Investors should know financial aspects before starting with the basic process. As blind investment is suicidal. Hence, taking advice from knowledgeable persons and experienced people is the best way to start followed by a few searches on the web.

Points to remember for successful Investment

Make a financial plan

Before making any investments, one needs to be fully aware of the financial background and the expectations from it. There is no guarantee of getting benefits from each investment. Few investments can turn into tremendous victory whereas some can prevail as a failure. It’s very essential to make a financial plan before starting with investment planning.

Taking risks.

Besides all investments, there is some sort of risks. Risks like losing all or some amount of money can also occur and some similar situations can also prevail. However, the higher the risk, the higher returning benefits. Hence, it is essential to consider all risk factors before investing.

Avoid fraud investments

Some investments use high publicity news to give assurance of more profit. Before trusting such options, it is more recommended to get an additional inquiry done from related persons.

Always maintain an emergency fund

Always put some savings outside the investment to cover an emergency. Emergencies can be situations like loss of investing amount and its notable profit. At those moments, emergency funds can come in handy.

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Be up-to-date

Being up to date about financial assets plays an important role in investments. Keeping an eye on the current financial investment assets makes the investment better. As for those lagging in being up to date can cause them great misfortune of losing their investing amount due to inappropriate knowledge.

Trade

Trade involves the purchasing and selling of goods and services with compensation paid by a buyer to a seller. Trading refers to the exchange of securities through sale and purchase. On the other hand, we can say that trading is buying, selling, or exchanging assets. The financial market consists of the trading of securities such as shares, currencies, commodities, and derivatives. The trading market aims to make a profit by buying at a lower price and selling at a higher price within a short period. A trader can be anyone from an individual investor to a global institution. We can trade directly or with the help of a broker.

Things to consider before trading

Risk

Trading is riskier than investing. Market risk is the major risk of trading and is out of anyone’s control. Market risk is bound to rise or fall, but knowing the risks and making a market plan could save you from losing your money.

Profit

Trading is more profitable than investment. Trading provides one with the option of earning extra credits without any set limits. Indian stock market is one of the highest liquidity markets where people can make any amount of money. Profit depends on the purchase and sale of desired stock. We can say the profit depends upon the stock market value.

Points to remember for having a successful trading

Keep an eye on the market

Trading wholly depends on the basic propaganda of the market, i.e. demand and supply. Before trading, one must learn the basics of the stock market by keeping an eye on financial news, the price range of stocks, and taking up a course on the stock market are all excellent ways to become an efficient trader. Online stock trading simulators help to learn online trading efficiently and accurately.

Make a plan

To become successful in financial goals, it is better to make a strategic plan. Since the trading is riskier, advance decisions should be made on options like the last limit of investing, eligible loss amount, etc. The practice is the golden key to becoming a successful online trader.

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Trust

Trading is all about knowing the market and how the market is changing. As a trader, one needs to be fully confident in their strategies. Most of the profits can be earned through a personalized strategy applied at the perfect time instead of going ahead with the option of following others’ plans in trade.

Holding the stocks

One can buy stocks and hold them for better profit. The holding of socks may help them with more profit because of the long-term purchase of high-quality stock at a low price when their demands go up. However, it is always applicable to some amount of risk due to the involvement of uncertainty.

Investing vs Trading

Now the most important question is, which one is better? Investment or trading? It is very difficult to choose which one is better because investment and trading are two different aspects of finance. However, the guide shared above can help one determine a better option. If someone wants to take no risks or low risks and avoid volatility, investing is better for you. You will get an 8% to 10% return annually. Investment means short-term wins and can get fewer several losses. If someone is more of a risk-taker and would like the chance to earn money in a short time, trading is considered the best option for them. Trading can be a thrilling way to earn quick money and may also lead to big losses.

Conclusion

Investing stands for buying any stock or product to create wealth. Trading means purchasing and selling products to make profits. Both the methods give a similar output of generating profit. However, they both vary in their processes ad risk factors. Investing is typically for those looking out to create wealth within some interval of time and trading is generally for those looking out to generate profit in less amount of time.

FAQs

what is meant by financial investment?

Financial Investments stands for the fixed amount sided to gain some percentage from it at the speculated interval of time.

Which are online platforms available for investing?

Some of the online platforms for investing are eToroeToro, Fidelity Investments, E*Trade, etc.

May 10, 2022
How North Korea Makes Money to Run Its Economy?
One of the major reasons for the growth of the world economy as a whole throughout this 21st century is the East Asian countries. Comprising mainly of countries like China, Taiwan, and South Korea, these countries have revolutionized the world through their innovative processes in the world of manufacturing and supply chain for a wide range of products, be it semiconductor chips to automobiles to any product you can think of. This is one of the major reasons that we as consumers can enjoy the luxury of products that we would have not otherwise. Even the Prime Minister of India, Shree Narendra Modi, launched an “Act Far East Policy” in 2019, with the perspective of making our relations between Japan and South Korea even better.

While other countries of East Asia are interlinked successfully to the global economy, this has not been true for North Korea, which rather follows an isolationist path and is not connected at all to the global economy. This is mainly due to the policies of the Kim dynasty, which has ruled North Korea since Kim Il-sung took the reins of the country in 1948 and has been continued for generations with his grandson Kim-Jong Un currently ruling North Korea since 2012.

Isolationist North Korea

This map demonstrates to us how isolationist North Korea is. In the map, which is taken from a 2014 Business Insider report, we can observe how there are various routes of maritime transportation of cargo ships between China and South Korea and then how completely there are negligible cargo ship routes that involve North Korea even though they are sandwiched between China and South Korea here. No wonder, the exports of North Korea, a measly 2.2 billion dollars, is underwhelming in comparison to the two behemoths in China (which exports goods worth 2.6 TRILLION dollars and South Korea (which exports goods worth 531 billion dollars) they are sandwiched in-between.

North Korea has also faced a lot of economic sanctions due to its nuclear weapons program. The United Nations have passed several resolutions ever since North Korea had its first nuclear test in 2006, which effectively makes exporting goods to Pyongyang (the North Korean capital) futile unless it is basic amenities like nutrition, sanitation, and water. The European Union has also announced an embargo on virtually on all products to be exported from North Korea.

So this surely makes us wonder if North Korea is so isolationist, how can they earn revenue which helps them run their economy despite all these sanctions? In this article, we would discuss how various North Korean governments have earned the revenue they have accumulated in the first place despite their isolationist policies.

Major Exports And Trade Partners of North Korea
North Korea’s Main Sources of Economy
How North Korea earns?

Major Exports And Trade Partners

It can be seen China and North Korea have strong trade relations. This is mainly due to geopolitical reasons, as China sees North Korea as a perfect counter to the strong American relations with Japan and South Korea.

Import market in North Korea

As per a 2017 Statista report, a whopping 75% of its overall trade is with China. This can be seen by this pictorial representation, where China accounts for 94% of North Korea’s imports and 91% of North Korea’s exports.

Export market in North Korea

So what does North Korea mainly export? One of its main exports is COAL. North Korea has 661 Million tons of proven coal reserves, which makes it the 35th largest in the world. And out of these reserves, it is widely reported in a 2017 Observatory of Economic Complexity (also known as OEC) report that North Korea exports around 368 million dollars worth of coal, with China being one of its biggest beneficiaries.

In 2017, China announced that it would be ending all coal exports from North Korea to comply with the various sanctions North Korea got due to its nuclear program, but as per a confidential United Nations report, coal is still exported to China through illegal shipments. In fact, as per a 2021 Financial Times report, it is widely reported that coal exports have increased, with China battling its energy crisis.

Another crucial product that North Korea exports to China is TEXTILES. As per the same 2017 OEC report, North Korea exports around 584 million dollars worth of textiles, which include non-knit coats, suits, and activewear. This has been a major controversy in North Korea, as a lot of those textiles are re-exported all over the world with a “Made in China” tag. North Korea also gets to export other products such as ferrosilicon, potato flour, and components for electric watches.

Most of the trade between North Korea and China mainly happens through the north-eastern port of Dandong in China. This is separated from the closest North Korean city of Sinuiju by the narrow Yalu river.

If there is one product that North Korea exports on a relatively worldwide level, it is their renowned seafood products such as pine mushrooms, mollusks, and processed fish. The North Korean government has worldwide restaurants dedicated to it in parts of the world, like Vietnam, the Netherlands, etc.

North Korea also trades with India, with the trade deficit being predominantly in India’s favour. India mainly exports its petroleum products and other goods worth 60 million dollars, while it imports automobile parts and silver parts worth 36 million dollars. Even though India has condemned the nuclear weapon program of North Korea, especially its missile launch in 2019, it hasn’t participated in any United Nations sanctions.

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North Korea’s Main Sources of Economy

Weapons Trade

Weapon Trading in North Korea

According to Anwita Basu, The Economic Intelligence Unit’s lead analyst for Indonesia, the Philippines, and North Korea, “the North Korean economy is basically run by its arms deals”.

North Korea has established connections between various countries in the African Union due to the strong bond they shared in the name of socialism in the 1960s. Another factor that aids them here is only seven countries on the African continent have participated in the United Nations sanctions.

A South African think tank the name the Institute for Security Studies(ISS), the value of annual trade activities between the African States and North Korea has amounted to 216.5 million dollars. This is mainly because Pyongyang has built arms factories in the Democratic Republic of the Congo, Ethiopia, Madagascar, and Uganda. It has also been contracted to construct military sites in Namibia. North Korea has also sold ballistic missile lines for Egypt and Libya.

It has also been widely speculated that North Korea has also partnered with Iran on nuclear weapons development. A UN 2016 report also stated that North Korea has sold weapons to the middle eastern countries as well.

Cybercrime

Cybercrime in North Korea

It has been reported by multiple sources that there are 6000 hackers based in Pyongyang. Found as maths prodigies in various government-run schools across North Korea, they are trained by the North Korean government in the basics of hacking, from a beginner to advanced levels. Through this knowledge, the hackers steal a lot of money stored worldwide and then they have to contribute the money to the government. A confidential UN report in 2019 reported that the hackers had stolen about 2 billion dollars to fund their country’s nuclear weapon programme.

It is widely believed that North Korean hackers were responsible for the WannaCry ransomware attack that targeted the National Health Service program of the United Kingdom and other governmental-run organizations across the world. They were also reportedly behind 81 million dollars in cyber theft of funds from Bangladesh’s account at the New York Federal Reserve in 2016. This is just not limited to one domain. As per the 2022 Crypto Crime report from Chainlysis, the hackers have also stolen nearly 400 million dollars worth of cryptocurrency last year.

North Korean hackers were also responsible for hacking into Sony Pictures and releasing its confidential data worldwide. This was primarily because Sony Pictures had made a comedy picture about assassinating their leader Kim Jong-un by the name of The Interview.

Picture by Sony Pictures assassinating Kim Jong-un by the name of The Interview

Slave Labour

Between 50,000 and 100,000 North Korean citizens have been sent abroad especially to countries like China and Russia, to work in various labour industries like mining, construction, and textiles. Working conditions are harsh and salaries are virtually non-existent, with constant surveillance ensuring that labourers do not get any leeway. Money is exchanged for the excruciating work, but it goes straight to the pockets of the North Korean government.

Robert Manning, a senior fellow at the North Atlantic Council(the principal decision-making body of the NATO), has said that these funds can also help North Korea by buying the support of various leaders at various international organizations. He also believes the revenue earned through the form of “slave labour” described above is one of its most crucial reasons.

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Drugs

Robert Manning has also said that North Korea has a huge cartel in its own “illicit drug industry”, especially narcotics such as crystal meth. As sanctions continue to ramp up, this is one illegal path that North Korea may push further.

Conclusion

Thus, in this article, we have documented the various sources through which North Korea earns its revenue and how it compares to its geographical neighbours. With the various sanctions looming on its head due to its nuclear weapon programme and the fact that North Korea is not some stranger to famines (it faced one huge famine in the year 1994), we all must meet across a solution in which the basic North Korean does not struggle for basic amenities in roti, kapda, and makaan regardless of the ideology of the government.

FAQs

What is the major source of income for North Korea?

Major sources of income that adds to the economy of North Korea are:
- Weapons Trade
- Cybercrime
- Slave Labour
- Drugs
How does North Korea run its economy?

North Korea has an isolated and tightly controlled command economy.

What is the poverty rate in North Korea?

North Korea has a Poverty rate of 60%.

What is North Korea’s main export?

North Korea mainly exports coal.

Which country is the major partner for export-import in North Korea?

China is the biggest market for export-import in North Korea.
April 25, 2022
Top 8 Practical Tips on Cryptocurrency Trading

Cryptocurrency has taken the world by storm in just a few years, there is hardly anyone who doesn’t know about it. It is always in the news and is creating a huge demand amongst people, especially the youngsters. People are taking an interest in them and are finding them, a good form of investment.

The new form of digital currency is making noise, as big companies are accepting them as the new form of payment. Plus those who have invested in them have received quite a good number of profit. The recent trend is not going to die any soon and that is why not only youngsters but also other people are taking an interest on investing on cryptocurrency.

Trading on cryptocurrency has increased, as it is available for 24 hours a day and seven days a week and is said to be one of the easiest way of making money from this market. In this article, we will talk about how to deal with crypto coins. If уоu аrе slowly heating uр fоr crypto-coins аnd wаnt tо bесоmе a successful professional trader, these tips are for you.

Start Modestly
Do Not Insist on Negotiating on Everything
Stay Sober
Significantly Diversify
Understand How Trading Work
Purpose of Trade
Set a Target
Market Cap Is the Key

Start Modestly

Yоu’vе heard thаt cryptocurrency prices аrе rising fast. Yоu’vе рrоbаblу аlѕо received thе news thаt thіѕ uрwаrd trend mау nоt lаѕt lоng. Sоmе pessimists, chiefly thе esteemed bankers аnd economists, оftеn gо оn tо nаmе thеm аѕ quick enrichment schemes wіth nо stable foundation.

Thіѕ news саn mаkе уоu invest іn a hurry аnd stop applying moderation. A small analysis оf thе market trends аnd currencies thаt аrе worth investing іn саn guarantee good returns. Whаtеvеr уоu dо, dо nоt invest аll уоur hard-earned money оn thоѕе assets. Take time, analuyse and then invest.

Do Not Insist on Negotiating on Everything

Thеrе аrе over 18000 cryptocurrencies in the world and amongst them there are many encrypted coins tо trade, but іt іѕ impossible tо deal wіth аll оf thеm. Distributing уоur portfolio tо a large number оf cryptos уоu саn manage effectively wіll minimize уоur profits. Juѕt selects a fеw оf thеm, rеаd mоrе аbоut thеm, аnd hоw tо gеt уоur trading signals.

Stay Sober

Cryptocurrency іѕ volatile. It іѕ bоth уоur curse аnd уоur blessing. Aѕ a marketer, уоu hаvе tо understand thаt wild price swings аrе inevitable. Uncertainty аbоut whеn tо mаkе a move mаkеѕ аn inefficient trader. Tаkе advantage оf detailed data аnd оthеr search methods tо mаkе ѕurе whеn tо negotiate.

Successful traders belong tо ѕеvеrаl online forums, whеrе discussions оn crypto-coins related tо trends аnd market signals аrе discussed. Of соurѕе, уоur knowledge mау bе sufficient, but уоu nееd tо rеlу оn оthеr traders tо gеt mоrе relevant data.

Significantly Diversify

Practically еvеrуоnе wіll tеll уоu tо expand уоur portfolio, but nо оnе wіll remind уоu tо deal wіth currencies wіth rеаl uѕеѕ. Thеrе аrе ѕоmе low-quality coins thаt уоu саn handle fast money, but thе bеѕt cryptos tо deal wіth аrе thоѕе thаt solve thе existing problems. Coins wіth uѕеѕ іn thе rеаl world tеnd tо bе lеѕѕ volatile.

Dо nоt diversify tоо ѕооn оr tоо lаtе and bеfоrе making a move tо buy аnу encryption asset, mаkе ѕurе уоu knоw thе market limit, price сhаngеѕ, аnd daily trading volumes. Maintaining a strong portfolio іѕ a wау tо benefit frоm thеѕе digital assets.

Understand How Trading Work

Many people tend to negotiate оn a stock exchange without any basic ideas оn hоw іt works. It’ѕ a dangerous move. Alwауѕ review thе ѕіtе уоu plan tо uѕе bеfоrе уоu sign uр, оr аt lеаѕt bеfоrе уоu start trading. If thеу рrоvіdе a fictional play account, tаkе thе opportunity tо learn hоw thе panel lооkѕ lіkе.

Purpose of Trade

Analyse and reaslise the purpose of your trading of cryptocurrency. Yes, it is a market that provides huge profits but it is also risky and uncertain. One can suffer losses in this uncertain market as well while trading with bitcoin like cryptos. The motive will help you accomplish the goal. If there is no motive then there will not be anything that can drive you to take the risk and accomplish your goal.

Set a Target

Probably the most important thing is to know your limit and set a target according to that. Even if you are getting profits through your trade, you need to set a limit, that you will not cross, too much of greed can result in loss, that you may not be able to overcome. Plus setting a target can help you in cutting your level of loss.

Market Cap Is the Key

New traders often believe that it is better to buy token at a lowest price and then they will sell them at a higher price. This is one of the main mistake that traders can do. One needs to be aware of market cap and must pay attention on them, instead of the price of crypto coins, if the market cap is higher it is better to invest on cryptos.

Conclusion

Cryptocurrency is undoubtedly, a popular trend right now. More and more people are indulging themselves into this. Trading and investment in cryptocurrency seems a good option to many peopel as they chances of getting good retiurns is quite higher in this. With cryptocurrency turning into the main character, it is just a matter of time that more people will turn to crypto for investment and trading.

FAQs

What is cryptocurrency?

Cryptocurrency is a digital currency that is decentralized in nature.

Is investing in cryptos safe?

Crypto is a highly volatile currency, so it is quite risky but it can be profitable as well

Which is the most popular cryptocurrency?

Bitcoin is the most popular Cryptocurrency in the world.

April 11, 2022

Changpeng Zhao – Success Story of the Binance Founder

Changpeng Zhao is the founder of the world’s largest crypto exchange Binance. He has turned out to be a true inspiration to many since the company’s inception in 2017. In a span of a few months, Zhao turned the company into the largest exchange platform for the crypto trade. Changpeng Zhao, popularly known as CZ, was valued as the 11th richest person in the world. Recent estimates revealed that his net worth is around $96 billion.

From selling his apartment to buy cryptocurrencies to turning out to be one of the richest people in the world, the life of CZ is something inspiring and exciting to learn about. Let us see where and how Changpeng Zhao’s journey started, his early living and his life as the CEO of Binance.

Changpeng Zhao – Biography

Name	Changpeng Zhao
Born	1977
Birth Place	Jiangsu, China
Nationality	Canadian
Age	44 (2021)
Education	Computer Science, McGill University
Position	Founder and CEO, Binance
Net Worth	$96 billion

Changpeng Zhao – Personal Life
Changpeng Zhao – Initial Career
Changpeng Zhao – Professions in the Crypto World
Changpeng Zhao – Journey as Binance CEO
Changpeng Zhao – Challenges Faced
Conclusion
FAQs

Changpeng Zhao, Binance Founder

Changpeng Zhao – Personal Life

Changpeng Zhao is a Chinese-Canadian business person who was born in Jiangsu province of China on 10th September 1977. Both of his parents were teachers. Zhao’s father was working as a professor in a university and he was exiled after getting labeled as “pro-bourgeois intellect”. As a result, the family moved to Vancouver, Canada by the late 1980s. During his teenage years in Canada, Zaho started working part-time to support his family’s expenses. He used to work at McDonald’s and a few gas stations after his school.

Changpeng Zhao – Initial Career

Changpeng Zhao was a computer science graduate from McGill University, Montreal. After graduation, he started his career as an intern in Tokyo. He worked for a trader on Tokyo Stock Exchange, who asked Zhao to develop software for matching orders in the stock trade. After the initial experience, he joined the Bloomberg Tradebook LLC in 2001 and worked as the head of Futures Development sector for the next 4 years.

Later in 2005, Zhao co-founded a company called Fusion Systems. The company was involved in providing IT solutions and other business consultancy services. Changpeng Zhao remained as a partner in Fusion Systems until the end of 2013 and then entered the world of Crypto.

Changpeng Zhao – Professions in the Crypto World

Changpeng Zhao - Binance Founder — Changpeng Zhao – Binance Founder

By 2013, Changpeng Zhao joined as the head of the development team in Blockchain. Blockchain.com is a company that provides various cryptocurrency-related services. It created a cryptocurrency wallet that has dealt with almost 28% of the bitcoin transactions between 2011 and 2020. Zhao worked in this company for developing software related to crypto wallets.

After working in Blockchain for about a year, Zhao resigned from the company and joined as the Chief Technical Officer in a company named OKCoin. OKCoin, like Binance, was a Crypto Exchange company and is considered to be one of the largest in the world. But Zhao felt that the company doesn’t suit his vision on crypto exchange and he decided to quit his position.

Coming out of OKCoin, CZ founded a company named Bijie Tech. This company provided crypto exchange services to people in Shanghai. It kept serving people for two years from 2015 to 2017, until one day, all the platforms and websites of Bijie tech went dead. There was no information given or clarified from the management regarding the disappearance of the company. But with the death of Bijie Tech emerged a mighty company named Binance.

Changpeng Zhao – Journey as Binance CEO

Binance Logo

Changpeng Zhao’s interest in cryptocurrencies started as early as 2014 while he was playing a poker game with his friend. During that time he got to know about Bitcoin and started investing in it. He even sold his house to buy Bitcoins. Such was his interest in the crypto market. Zhao added experience to his interest by working in various companies.

Bijie Tech slowly disappeared only to bloom as Binance. All the top management and resources of the former company structured Binance. Changpeng Zhao has remained the CEO of the company since its formation in 2017. This cryptocurrency exchange platform is the largest exchange in terms of trading. Binance made Zhao a billionaire within just 180 days of its operation. He has grown to be the 11th richest person in the world with his net worth estimated at $96 billion.

Changpeng Zhao – Challenges Faced

Zhao faced myriad challenges during these 5 years in Binance. China’s stringent policies on crypto forced him to shift the headquarters from the Chinese land to Caymen Islands. The United States Department of Justice has put Binance under investigation for money laundering offenses. Similarly, many other countries like Germany and UK have also raised legal actions or warnings against the company. In fact, in 2019, there was a huge theft of bitcoins from Binance whose value stood around $40 million. Zhao faced all these challenges explicitly including the bitcoin theft. He made sure that the company makes up for all the losses and never let his customers down.

Conclusion

The story of Changpeng Zhao is truly inspiring. Everything we think as impossible was made possible by him. Cryptocurrencies and their market are just getting popular and most people are less knowledgeable or still unaware about it. In such a situation CZ created his own pathway and set a benchmark for aspiring leaders. Zhao created a belief that it is possible to start a business and make it the world’s largest in 5 years. He showed that becoming one of the richest in the world would take just a couple of years. He also proved that despite any hardships from the superpower countries, it is possible to flourish a business in every part of the world. A lot to grasp from such a stimulating personality.

FAQs

Who is Changpeng Zhao?

Changpeng Zhao is the founder of the world’s largest crypto exchange Binance.

When and where was Chengpeng Zhao born?

Zhao was born on 10th September 1977 in Jiangsu province of China.

What is the work of Binance?

Binance is the cryptocurrency exchange platform that helps people trade cryptos for assets.

Which is the largest crypto exchange platform?

Binance is the largest crypto exchange platform in the world.

January 11, 2022

Unknown Facts about Nithin Kamath you might not know

The youngest self-made billionaire in India, Nithin Kamath is the CEO and co-founder of the largest stockbroking company- Zerodha in India. Zerodha is quite a prominent company that started in 2010 as a brokering business.

Later, Nithin Kamath along with his brother Nikhil Kamath built the company into a huge fintech independent business whose valuation is now marked as 1 billion dollars. Nithin Kamath has always been absolutely devoted, determined and daring with his business. He never missed a step to success! That’s the sign of a true entrepreneur and catalyst for development.

Nithin Kamath entered the world of the stock market at the age of 17. He has been a trader for all time. Many ups and downs came with the territory but Nithin Kamath has always been uptight with his work. From earning Rs. 4 lakh by just being in college to losing the entire money in a chance and ended up working in a call center on a monthly pay of Rs. 12,000. He has seen it all in little time.

Moreover, Nithin Kamath is also the founder of Rainmatter which is a fintech startup fund as well as an incubator in order to contribute to India’s capital markets ecosystem. In this article, we have discussed some of the very interesting and lesser-known facts about Nithin Kamath. Stay tuned!

Nithin Kamath Dropped out of college
Nithin Kamath is an avid reader
Nithin Kamath lost almost Rs 5 lakh during his teenage
Nithin Kamath owns True Beacon
How the Events turned from Call Center for Nithin Kamath
Nithin Kamath is a big Fan of music and Sports
Nithin Kamath is Trading since the age of 17
FAQ

Nithin Kamath Dropped out of college

Nithin Kamath dropped out of college at the age of 14. Then he joined a two-year chess career, playing both international and national levels.

In an interview with CNBC, he said, “As I dropped out of college I didn’t have a degree so it would have been very tough to get a job. That’s why I chose a career that did not require a college degree.” He also added, “Chess is something that teaches you how to move in a structural system and also, how to be creative and smart.”

Nithin Kamath is an avid reader

Very few know this, but Nithin Kamath is an avid reader. He is a self-professed bibliophile. His favourite Book is Market Wizards written by Jack Schwager. In fact, he has more than 500 books. And said, he reads at least one or two books every week. This keeps him calm and fresh to new thoughts.

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Nithin Kamath lost almost Rs 5 lakh during his teenage

When Nithin Kamath was in his teenage years, he lost almost Rs. 5 lakh. Obviously, this is a huge amount for a teenager. But he kept on moving, he didn’t pack up his career in trading.

To cover this up, he joined a call center during nights at the monthly pay cheque of Rs. 12,000. He used to trade in the daytime and then, get back to his duty at the call center in the night. This continued for a few years until he met an American HNI. He appointed Nithin with a cheque to manage his money. He took the job and managed brilliantly.

Nithin Kamath owns True Beacon

Nithin Kamath along with his brother Nikhil Kamath owns another company that is an investment management firm– True Beacon. This investment management firm is known as the ecosystem of copyrighted products, services of capital markets, management and advisory for portfolios and tailored programs for different strategic investors. These have been intended for India’s public and private markets.

How the Events turned from Call Center for Nithin Kamath

When Nithin Kamath was working in the call center, two major things happened to him. First- he met his wife Seema Patil, with whom he married and have a son together.

Nithin Kamath with his wife Seema Patil

Secondly, he along with his younger brother Nikhil Kamath started their careers in trading together in 2010. After 11 years of working together, the two brothers transformed the Indian trading system with their brilliant flat fee model. With this, they got to be at the top in the market.

Nithin Kamath re-build his career in trading along with his brother Nikhil Kamath and together they gained absolute success.

Nithin Kamath is a big Fan of music and Sports

Nithin Kamath is a big fan of music. Whenever he gets too busy with his working schedule, he takes some time out and sings while playing the guitar. This calms the chaos of work and keeps his mind smooth. His favourite song is ‘Zindagi Kaisi Hai Paheli‘ from Anand (1971).

He is also a big passionate sports lover. He loves to play basketball, snooker and poker and he is pretty good at it. Besides, Nithin loves cycling, swimming and running as well.

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Nithin Kamath is Trading since the age of 17

In the Zerodha company video of 2017, Nithin Kamath mentioned that he started his trading career at the age of 17. He said, “I joined trading as an active interest in the stock market. My brother and father were already in the stock market investing. Then I too joined them and as I won the first bit of money, I got more interested in this and the rest is history.”

Nithin Kamath has several unique techniques and approaches towards trading. He called it ‘the infinite sky, without a ceiling’, in an interview with Arabian Business a year earlier.

He added, “When you become a good trader, you keep on investing and making the money out of it. There is no limit to scaling and that’s the thing that attracted me most towards it. Also, you do not need a proper qualification for trading in the stock market. You can gain your knowledge from any source you like. You can come up with your theories and tips and become a good trader all by yourself.”

Conclusion

Nithin Kamath had worked really hard in making Zerodha what it is today. He is a college dropout hence, does not have any proper study or guidelines in finance. But, still, he managed to gain the knowledge required from all possible sources. He is fond of books which helped him a lot. Trading has brought great balance in his life and he along with his brother changed the entire Indian trading system. They went on the top and remained there as true entrepreneurs and businessmen.

FAQ

Is Zerodha a unicorn?

Zerodha founded by Nithin and Nikhil Kamath entered the unicorn club with a self-assessed valuation of about $1 billion on June 2020.

What is the net worth of Nithin Kamath?

Nithin and Nikhil Kamath are the wealthiest entrepreneurs under the age of 40 in India with a wealth of ₹24,000 crore.

How much does Nithin Kamath earn?

Zerodha co-founders Nithin and Nikhil Kamath to get Rs 100 crore annual salary.

June 28, 2021
How India-UK Agreement will benefit Indian Entrepreneurs?

The United Kingdom has been trying to negotiate with India in terms of a free trade agreement between both the counties. The UK has launched a 14-week consultation process in order to seek the opinions from the public as well as businesses before negotiating on the agreement. Let’s look at what exactly is the free trade agreement and how it would benefit the countries.

Free Trade Agreement – Latest News
What is Free Trade Agreement?
How India-UK agreement will double the trade between UK and India?
What are the 5 Cs in India-UK Free Trade Agreement?
Other Advantages of India-UK agreement
FAQ

Free Trade Agreement – Latest News

The trade secretary of the UK, Liz Truss had begun the preparations for the trade deal between India and the UK. The country wants to remove the trade barriers in order to conduct the business and trade with India which includes removing a tariff of 150% on whisky and 125% on British-made cars.

The UK government is looking forward to seeking opinions from consumers and businesses from different sectors in order to help in crafting a deal that would help in increasing cooperation in the future. The industries which will be concentrated include science, technology and services which are expected to create high value jobs in the UK.

What is Free Trade Agreement?

A Free trade agreement is a situation or an pact between two or more nations in regards to imports and exports in between the countries. It can be understood as a removal of the barriers involved in imports and exports.

Under a free trade agreement good and services can be purchased or sold across international borders with very little or zero government intervention such as charging of tariffs, quotas, prohibitions or subsidiaries.

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How India-UK agreement will double the trade between UK and India?

Both the countries already have a trade agreement and according to 2019, the trade between India and UK was worth 23 billion Euros and both the countries want to double the figures by the end of 2030. The recent free trade agreement is focused on concentrating much more than the movement of goods.

The free trade agreement concentrates on covering services, digital business and SMEs. So, it is expected to have a huge amount of content in a free trade agreement.

India exports to United Kingdom

What are the 5 Cs in India-UK Free Trade Agreement?

While both the governments are moving forward with the free trade agreement, it is expected to be characterized based on the 5 Cs.

1C

Where the 1st C would be Covid which both the countries have and are still suffering from. In India, the second wave has seen a drastic rise in the number of cases. The United Kingdom has been sending a lot of medical supplies and even both the countries are working together in rolling out the vaccines. Around a billion doses of Oxford-Astra Zeneca vaccines are being produced by the Serum Institute of India.

2C

The 2nd C would be commerce and the main focus of the Free trade agreement as seen both the countries are trying to double the trade by the year 2030. It is also seen that around half a million of jobs in each other’s economy are supported through the trade. India is also keen on UK’s expertise in Life sciences, Med Tech and diagnostics.

3C

The 3rd C refers to the community. It refers to the British Indian community which is expected to be around 1.5 million providing an advantage to the relationship. It is considered that the Anglo-Indian community is an entrepreneurial one and research has shown that around 174,000 people are employed under the companies owned by Anglo-Indians and all the companies have a combined revenue of over 35 billion Euros.

4C

4th C refers to the commonwealth which is considered to be the important glue of the relationship. The UK is the chair in the office with India in the commonwealth and India is a founding member of the Commonwealth summit. Both the countries are working together to increase the effectiveness.

5C

The 5th C which is the final one refers to the climatic changes. In the month of November, the UK will host COP-26 which is a climate change talks and India being the key country that is expected to be most affected by global warming will have a scope to working together in finding shared solutions. They have already started by scaling up the electric mobility market in the country.

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Other Advantages of India-UK Agreement

It is expected that the UK will open up its fisheries sector to more Indian players, providing more opportunities for nurses and in return, India lifts the restrictions to import British fruits to the country and improved access to medical services. These actions are expected to create around 25,000 direct and indirect jobs in India.

Ranil Jayawardena who is the international trade minister of the UK has conveyed that the trade deal with India will break down certain barriers and will make it easier for British Businesses to sell goods in India. It will also help in gaining more investments, increasing wages and lowering prices in Britain.

FAQ

Is there a free trade agreement between UK and India?

Yes, UK and India has signed a free trade agreement which is concentrated on science, technology and services.

Which country has the most free trade agreements?

UK has the most free trade agreements with 37 FTA agreements with different countries.

Is FTA beneficial for India?

Yes, FTA is beneficial for India as it will ease export in the country and will create more jobs for the people of India.

Conclusion

Over the last 10-15 years the European Union had tried to sign a free trade agreement with India and failed. But since now the UK is an independent nation it is considered that the chances of getting into an agreement with India are higher than it was ever been.

May 29, 2021
Why Joe Biden proved to be Best US President in last 75 Years for Traders

Joe Biden is the newly elected President of the United States of America. He is the 46th President of the United States and is considered to be the best President for stock market traders compared to the President’s of the last 75 years. Let’s look at why Joe Biden is considered to be the best President for the traders.

U.S Stock Market
Returns
Reason
Earnings
FAQ

U.S Stock Market

In the first 100 days of Joe Biden’s Presidential rule in the United States, the stock market of the country has provided better returns compared to any other President from the past 75 years. The data was provided by JP Morgan.

JP Morgan’s analysts that were led by John Normand reviewed the administration performance of Joe Biden since the day of the inauguration and discussed on how the various policies on tax and the programmes related to spending could move the markets in the coming months. This was discussed on 23 April 2021 in a note to the company’s clients.

The analysts said that the record fiscal stimulus had increased the returns on equity to all-time highs in the first 100 days of Joe Biden’s rule. They added on to the note saying that the results are not bad for Biden whom Donald Trump had labeled as Sleepy Joe during the election campaign.

Returns

The returns provided by the S&P 500 after 100 days of Joe Biden’s Presidential rule are around 25% for the first 100 days from the day of inauguration. When compared to the returns received after the former President Donald Trump’s Presidential rule was below 15 % for the first 100 days from the day of inauguration.

The data from JP Morgan showed that the average S&P 500 returns on equity of the Democratic Presidents were more than double the average returns provided by the Presidential rule of Republicans since the end of World War II.

The highest returns which were received by any President for the first 100 days mark previously was by President John F Kennedy which was more than 20 %.

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Reason

JP Morgan added on saying that the Biden’s policies since the day of the inauguration have benefited the market. This was because the proposed policies of Joe Biden were undoubtedly positive. Joe Biden has also planned to increase the capital gains to nearly double as much as around 43 % for the wealthy Americans.

The JP Morgan team said that there would be a drag on the market in the year 2021 due to the hikes on the taxes for corporations and individuals in order to fund spending on social and infrastructure with a strict regulatory environment.

Earnings

The JP Morgan team added that they did not expect that the increases in the tax would cause a big dip in the earnings. The view since the campaign of 2020 has been that a higher rate on corporate is expected to reduce the Earnings Per Share of S&P 500 by many dollars.

But within a sudden growth in the earnings environment which is because of the higher tax rates and the reopening because of the vaccine drives. The strategists of JP Morgan with regards to the US equity have checked and expanded the original analysis this week which shows that there is no change to the target of the 4400 mark by the end of this year in the S&P 500.

JP Morgan said that an increase in the capital gains tax rate in 1986 from 20% to 28% and 2013 from 15 % to 25 % had led to about 5 % drawdowns in a month in the equity market before the new codes coming into effect.

But the analysts said that it is a sample size that is smaller and the Tax Reform Act of 1986 had lower individual and corporate rates. The analysts added that overall, from the Biden’s tax policies they expected that it would increase a continuous rotation into the value based stocks that would be far from the big growth companies and the tech companies. This would be instead of a downturn in the market.

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FAQ

What is the Net worth of Joe Biden?

The president of America is paid a $400,000 a year; on top of that, they receive an extra $50,000 expense allowance, a $100,000 non-taxable travel account and $19,000 for entertainment.

How old is Joe Biden?

The age of Joe Biden is 78 years.

Who is the wife of Joe Biden?

Joe Biden’s wife is Jill Biden.

Conclusion

The view of JP Morgan has been supported by the UBS Global Wealth Management. They have informed their clients in a note in the month of April that they had not found any correlation between the valuations of equity markets and tax rates on capital gains.

May 6, 2021

Tag: trading

Top 10 Best Trading Apps in India for Beginners to Earn Money | Best Mobile Trading Platforms 2025

List of Top 10 Trading Apps in India

List of Safest Online Crypto Trading Apps in India

List of Safest Online Stock Trading Apps in India

Zerodha Kite

Upstox PRO

Angel Broking

Motilal Oswal

5Paisa

India Infoline

Kotak Securities

Groww

Dhan

Paytm Money

List of Safest Crypto Trading Apps in India

Binance

Coinbase

WazirX

Trading View

Bitfinex

Kraken

Conclusion

FAQs

Which are the best stock trading apps for beginners in India?

How much money do day traders make in India?

Who are the prominent traders in India?

Is online trading safe?

Is Zerodha good for beginners?

What is WazirX?

Is Kite Zerodha safe?

Which is the best mobile trading app in India?

Which trading app is best for beginners?

Zerodha Marketing Strategy – How Zerodha Succeeded Without Advertisements

The Story Behind Zerodha

Zerodha Marketing Strategy

Zerodha’s Unique and Innovative Customer Acquistion Approach

India’s First Zero Brokerage Plan

Growth Through Referrals

Educating Investor Communities

Zerodha Marketing Success Factors

Standard Proposition

Concentrate on New Account Opening

Referral Program and Business Affiliates

Innovation and Technology

Online Engagement and Digital Marketing

Why Doesn’t Zerodha Believe in Advertising?

Things That Make Zerodha Stand Out in the Market

Conclusion

FAQs

Is Zerodha a unicorn?

Who is the owner of Zerodha?

How much does it cost to open a Zerodha account?

What is Zerodha Pricing?

What is the number of active customers of Zerodha?

What is Zerodha valuation?

Dropping Out to Cashing In: Remarkable Rise of Nikhil Kamath to India’s Youngest Billionaire

Nikhil Kamath Biography

Nikhil Kamath – Early Life & Education

Nikhil Kamath – Career

Nikhil Kamath – Entering the Trading World

Zerodha’s Inception

Nikhil Kamath – Personal life

Nikhil Kamath – Podcast

Nikhil Kamath – Zerodha

Nikhil Kamath – WTFund

Nikhil Kamath – Personal Investments

Nikhil Kamath – Partner Investments

Nikhil Kamath – Philanthropy

Nikhil Kamath – Controversies

Nikhil Kamath – Awards & Recognitions

FAQs

Who is Nikhil Kamath?

Where is Nikhil Kamath birthplace?

Who are Nikhil Kamath parents?

When was Nikhil Kamath born?

Who are the founders of Zerodha?

Where did Nikhil Kamath study?

What is Nikhil Kamath net worth?

What is Nikhil Kamath education?