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  • Category: Investments

    What are the good discounting brokers for share market in India


    Know from our experts which are the best stock brokers available in India which offer the best broker charges per transaction as well as annually.

    Investing in the share market is thrilling. The stock market always gives you a higher return than any other asset class. For investment in the stock market, we have to choose brokers. Every broker does not charge similar fees for the transaction, it may differ from broker to broker. Some are good at providing services but charge huge. Some of them have a high maintenance charge yearly.

    I want to know what are a good broker for stock trading in the stock market for retail traders. From a low yearly AMC charge to brokerage fees all have to consider. If I increase my trading volume, are brokerage company will reduce the brokerage rate?
    I am looking for a retail trading guide for Indian stock market with minimum brokerage rate
  • Answers

    1 Answers found.
  • I have personally used broking services from Zerodha and Reliance Securities. If I remember correctly, I think I paid Rs. 200-300 for opening a Zerodha account, whereas Reliance opened a demat account for me without any initial charges.

    They both allow you to trade in Equity and Commodities. Brokerage charges, however are lower for Zerodha. They currently offer zero brokerage for equity delivery and are one of the cheapest for intraday.

    There are other service providers that you may also want to check out:
    1. ICICI Direct
    2. Angel Broking
    3. HDFC Securities
    4. 5Paisa
    5. Sharekhan


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