Discount Brokers are Stealing the Stock Market Show

The stock market goes through a lot of fluctuations and this forces many trading houses to shut their operations. But discount brokers are the only ones who thrive during tough market times and keep their trades going on. Their low operational cost and low commission structure keep their work and customers intact. The concept of low fee discount brokers has prospered mainly by wooing high-value traders with ultra-low commissions.

The services and rates of discount brokers are quite different from full-service brokerage firms. The former ones charge a flat brokerage fee on each trade instead of a percentage fee on the value of the trade. Some firms even provide unlimited trading for a fixed monthly fee. The most distinguishing factor of discount brokers is that they operate online. Their success mantra is quite simple. They believe in operating online that saves their operational cost and this low cost is then passed on to the client in the form of low charges or higher savings. Discount brokers invest substantially in technology to make every order execution fast and smooth. Their clients are greatly benefitted with their technology tools and client support teams. Seeing the success rate of low cost brokers, most of the full-service firms have also started shifting their retail clients to online model with flat brokerages.

However, every broker has its own advantages and disadvantages. Discount brokers do charge less but then they also give limited number of services whereas a full-service broker charge good money against good number of services. Some clients might be ready to give good fee because they have a lot to invest and they need a lot of advice on same. On the other hand, some clients are good at doing all trades by themselves and just need basic tools at cheap rates. Some trading firms are an ideal combination both services and rates like Bezel Group, established in 1998. The group offers variety of trading advisory services and caters to all types of clients across industries. For more information, visit their site at www.bezelgroup.in.

Let Us Find The Best Broking Firm for You

The concept of best broking firm is very subjective. There are no firm parameters on which broking firms can be judged and can be defined as passed or failed. As per share market experts, an ideal brokerage firm is always the one that understands its client requirements and trade and charge accordingly. Your ideal or best broker might not be equally good for your friend or vice versa. Therefore, it is always advised to make a well informed, well read and well researched decision while choosing the best broking firm.

The moment a new investor or a trader starts looking for a broker who could help him or her in the buying and selling of financial securities, he or she comes across various terms like full-service, discount, online and offline trading; account minimums and security; fund transfers and withdrawals; market research and reports; investment options; technology tools; trading cost and so on. All such terms actually leaves the new entrant almost confused. However, if one goes a little deeper, he or she will certainly come to know that these are few of the services offered by different types of firms and we can actually rate the brokers on this and can arrive on a good decision. We may shortlist what we need and then sort accordingly. For example, if we don’t need investment advice, then somebody who gives it and that too at a heavy price can just be ticked off the list. If we know the nuances of share market and just need the trading tools at low cost, we may shortlist only those brokers and then further refine the list according to other features. Whatever and however we do, the only thing to remember is that finalising a good broker is the first step towards share market’s success.

Considering all the parameters given above, one name that comes to everybody’s mind is Bezel Group, which has certainly emerged as the most promising brokerage firm. It offers varied trading plans to suit the needs of every big and small client. The group’s highlights are its diverse financial service offerings at most competitive rates and this is what every investor or a trader wants.

Choose the best broker for a successful investment proposition

The best broker for you might not be the one who ranks first in the trading market. In fact, the best broker or an ideal broker is the one who understands his or her investor needs and gives desired returns without any false promises or claims. The hunt for the best brokerage firm starts with the analysis of one’s own investing style. For example, active traders and new investors have very different needs that are fulfilled by different financialfirms altogether. Finding a good broker is a daunting task, however there are certain key factors that make this search a little simpler and should be considered in order to make a wise choice. 

One should always check the commissions and other fees that broking companies charge. Trading houses offer different service plans for intra-day traders and long-term investors respectively. Interested parties should also check for minimum trade clause. Then there are some brokerage firms that provide mutual funds and other investment options whereas others don’t offer such schemes. Therefore, if an investor wants to invest in options, exchange-traded funds or fixed deposits, he or she should ask whether the brokerage offers these products or not. The cost of such services is usually high but suits those who really need such investment guidance and products. Discount brokers, on the other hand, do not offer such facilities but ensure their clients of speedy and efficient order executions and are known for the same. Full-fledged brokerage houses allow investors to read analysts' reports on companies or sectors of interest or access data on companies that in turn help clients take better decisions on buying and selling of stocks and mutual funds. Customer service is one more pointer to be taken seriously while opting for a particular broker. Clients should read customer reviews online or on specialised forums and see the credibility and performance of shortlisted brokers. Moreover, some investors are more comfortable when they deal with brokers directly and therefore, they look for ones who have local offices. Few clients want to do all trading transaction on their own and just look for basic guidance and tools. Online brokers are an ideal match for such clients and investors’ money is completely safe with them as well. 

To sum it up, there are number of brokers available in the financial services market who offer a whole gamut of trading assistance and at varying rates. Choose the one that suits your style and your pocket!