Stock Phoenix is a company headquartered in Chennai, India that provides educational trading services to the trading segment of the Indian market. The potential for growth in this market is large due to its huge population and Stock Phoenix has built quite a nice niche in this market for itself.
Stock Phoenix was founded by two Indian Stock traders with over twelve years of experience in the Indian stock market. They decided to start the company as a way of educating Indian stock traders in the larger global schema of stock market trading. Besides its website, Stock Phoenix has a Telegram channel dedicated to stock alerts, as well as webinars and seminars.
Stock Phoenix Webinars
Stock Phoenix offers a host of trading services to its potential clients. Their most popular offerings are their webinars.
The Stock Phoenix webinars sometimes are pre-recorded depending on their content but most generally are live. The day trading webinars that Stock Phoenix offers are not traditional webinars per se but a trading course that compiles 21 live trading sessions and 60 doubt and query webinars. The course is designed to train traders of varying levels from novice to advanced.
Stock Phoenix Webinar Length
The day trading webinar offered lasts approximately 3-4 weeks in duration and consists of webinars given in two-hour increments. The webinars teach a host of topics such as candlestick patterns, moving averages techniques, positional trading setups as well as intraday, futures and options trading. They also offer additional topics such as Bollinger bands, portfolio hedging, and Fibonacci ratios. The webinars are designed for the working professional and are offered daily in the evenings and on weekends.
Stock Phoenix Webinar Cost
The cost of the stock trading webinar course offered by Stock Phoenix is
₹ 29,999/ $435. The cost of this webinar stock trading course also includes access to their proprietary Phoenix Genie Channel and their proprietary Telegram channel. Payment for the course can be made utilizing a variety of methods such as UPI or other digital wallets, major credit cards, debit cards, and net banking.
Stock Phoenix Webinar Pre-Requisites
One of the prerequisites to becoming a participant of the Stock Phoenix webinar course is that you must have a DEMAT account through and Indian bank such as HDFC. A DEMAT account allows investors to hold shares in electronic form. Stocks in a Demat account remain in a dematerialized state. Dematerialization is a process that converts physical shares into an electronic format.
To open a DEMAT account; you must go to a depository participant (DP), or an agent of a depository, and fill out a form to open an account. The list of DPs is available on the websites of depositories provided by the CDSL (Central Depository Services (India) Ltd and NSDL (National Securities Depository Ltd).
Stock Phoenix Genie Channel
The day trading webinar course also offers access to Stock Phoenix’s exclusive and proprietary Genie Channel. Access can only be acquired if you are a current member of their webinar stock trading course. This service is included at no additional fee or charge to their webinar participants. Once you purchase the Stock Phoenix webinar, you will be invited to Genie Channel for 3 Months.
Is Stock Phoenix Webinar worth it?
In the world of intraday trading and trading in general much attention and educational resources are geared to the English speaking community. While India is a de facto English speaking country it is nice to know that they are providing a service that up until now has largely gone unnoticed.
Companies such as Stock Phoenix that offer their proprietary day trading webinars provide a valuable service to the stock trading community in an untapped market. They are worth looking into due to their services, which are reasonably priced, have a detailed course curriculum and provide timely assistance through their own proprietary apps.