10 Things to Know Before You Subscribe to Share Market Advisory Services

The excitement of entering the stock market is unmatched. But the volatility, unpredictability, and flood of information can overwhelm even the most enthusiastic beginner. Thats why many new investors and traders turn to share market advisory servicesexpecting expert support and better trading outcomes.

But before you put your hard-earned money into a subscription, its essential to understand what these services offerand what they dont.

In this article, well explore 10 critical things you should know before subscribing to any share market advisory service.

1.Check for SEBI Registration

This is non-negotiable. Any individual or company offering advisory services in India must be registered with the Securities and Exchange Board of India (SEBI).

Why it matters:
SEBI-registered advisors follow ethical practices and are accountable for the advice they offer. Avoid unregistered tip providers or influencers who make tall claims without any regulatory backing.

You can verify an advisors credentials on the official SEBI website.

2.Understand Your Own Investment Profile First

Before taking advice, you need clarity on:

• Your risk tolerance

• Your investment capital

• Your trading/investing time horizon

• Your financial goals (short-term vs long-term)

Some services focus on aggressive intraday trades; others are better for long-term equity investment strategies. Choose one that aligns with your goals.

3.Beware of Unrealistic Claims

Promises like:

• Double your money in 10 days

• Guaranteed 90% success rate

• Buy now, get 10 jackpot calls this week

should immediately raise a red flag.

The reality:
Even the best advisors dont guarantee profits. The market has inherent risks, and anyone promising otherwise is likely running a scam.

4.Go Beyond Social Media Popularity

Just because someone has thousands of followers or flashy videos doesnt make them a credible advisor. Real advisory success is built on consistent analysis, not viral reels or charts shown after the market closes.

Tip: Look for performance logs, detailed trade setups, and customer testimonials (with caution).

5.Ask About the Strategy Behind Their Calls

Do they just give a stock name and a target? Or do they:

• Explain why a stock is selected

• Provide proper entry, stop-loss, and exit points

• Mention time frame (intraday, positional, long-term)

• Share risk-to-reward ratios

Good advisory is strategic, not speculative.

6.Start With a Trial or Monthly Plan

Dont commit to a 6-month or annual plan upfront unless youre sure of the advisors credibility. Begin with a short-term plan to assess the service quality, communication, and accuracy.

Test before trust. Watch how their recommendations perform and how they manage market volatility.

7.Understand the Fee Structure Clearly

Some advisors charge a fixed monthly fee, while others may base it on:

• Number of tips shared

• Percentage of your profits

• Tiered membership plans

Ensure the pricing is transparent with no hidden charges. Also, compare it with other advisory services in the same category.

8.Check the Medium of Communication

Advisors use different platforms to share their recommendations:

• Telegram channels

• WhatsApp broadcasts

• Email alerts

• Web dashboards

• Mobile apps

Choose a service that offers a communication method youre comfortable with. Also, check how timely their updates are.

9.See How They Handle Losses

The real test of any advisory service is not when trades go right, but when they go wrong.

Do they:

• Accept responsibility for bad calls?

• Offer revised strategies or exits?

• Communicate changes quickly and clearly?

If they only boast about profits and never talk about their losses, thats a red flag.

10.Look for Added Value

Great advisory services often go beyond tips. They may offer:

• Market commentary

• Educational resources

• Weekly webinars

• Portfolio reviews

• Risk management training

These extras help you grow as a trader or investor and are worth paying for in the long run.

Final Thoughts

Subscribing to a share market advisory service can be a great decisionif done wisely. The right advisor can help you:

• Save time

• Avoid emotional mistakes

• Improve consistency

• Manage risks better

• Learn more about markets over time

But a bad advisor can lead to losses, frustration, and even loss of confidence.

So before you subscribe, take your time, ask the right questions, and verify every detail. In the stock market, being informed is your first and most important asset.

Make sure your first investment is not in a stockbut in choosing the right advisor.