There is no broker who can be termed as
the best broker of India as every
single broker has its own advantages and disadvantages. And thus, it is always
advised that investors or traders should select their brokers based on their
objectives. For example, pure investors who believe in long term investing and
earning dividends and do not do too many transactions in a year, for them any
broker should be okay as long as the broker is providing all those services
that are required by particular investor. But for those who areboth investors
and short-term traders, they can have two brokerage accounts with two different
brokers. The first account can be with the bank for long-term investment and
the second account can be with the discount broker for frequent trading. For
people who are trade intra-day in futures and options, they should go with
discount brokers to save on commissions per order.
As you read on Internet or on popular
stock brokerage sites, you would come to know the difference between full-service
and discount and online brokers, their offerings and their service rates. This
information can be helpful to you in making the right decision of going with a
particular broker but there are certain thumb rules that are listed everywhere,
in books and on Internet, as you select the best broker. The first
rule is the commission which should not bother you if you do limited number of
trades. But if the number of trading transactions crosses certain limit, you
might end up paying a significant amount of money in the form of commissions.
At this time, you should think of brokers who charge less or provide trading
services at discounted rates. The second thumb rule is the type of offerings.
See which broker offers trading tools that matches your requirements. Going
with some broker who is really the cheapest but fails to offer you what you
need doesn’t make sense. So, use your knowledge and wisdom and select the best
broker for yourself.
In my view Zerodha is the best brokerage house in India, have been using their services for year now........I referred Zerodha to one of my friend last month and a few days back he came to me saying, 'Abhishek, Zerodha is the best broker I have ever traded with, you should know I just loved it"....he was so impressed by Zerodha pi, back office support and trading platforms that since then he has been referring Zerodha to all.................. the best thing about Zerodha is their industry leading brokerage of 0.01% for intraday and 0.1% for delivery for options its just Rs. 20 per trade means you can trade even 10 lots or 100 or more for just flat fee of Rs. 20..............ti comes out to be 70-80% less compared to traditional brokers.................. and if you open your account through this website you can also get training material and services worth Rs. 6000 for free. Click here to visit the website now
ReplyDeleteIn my view Zerodha is the best brokerage house in India, have been using their services for year now........I referred Zerodha to one of my friend last month and a few days back he came to me saying, 'Abhishek, Zerodha is the best broker I have ever traded with, you should know I just loved it"....he was so impressed by Zerodha pi, back office support and trading platforms that since then he has been referring Zerodha to all.................. the best thing about Zerodha is their industry leading brokerage of 0.01% for intraday and 0.1% for delivery for options its just Rs. 20 per trade means you can trade even 10 lots or 100 or more for just flat fee of Rs. 20..............ti comes out to be 70-80% less compared to traditional brokers.................. and if you open your account through this website you can also get training material and services worth Rs. 6000 for free. Click here to visit the website now
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