Title: Top 10 Discount Brokers in India - 2019
1Top 10 Discount Brokers in India
2List of Top 10 Discount Brokers in India
- There are many discount brokers in
India, Investor have to choose right stock broker
based on their requirement. We will try to help
you here give points keep in mind for choosing
the best online discount broker and give also
you a list of top 10 discount brokers in India.
3What is Discount Brokerage?
- Discount Brokerage Concept Lunched in India 2010.
Discount Broker is who offer lowest Brokerage for
buy and sell stocks to the client.
However Discount brokers not provide investment
advice or research analyst report to their
client. Discount broker mainly client base is
online client. They provide online trading
terminal to their client to trade. - What stock broking is all about lets understand
till 2002 the entire industry was in paper form
but after 2002 the industry adopted
digitalization as in everything is in digital
format for the ease of clients to bring
transparency with the digitalization of stock
broking all the investments are in digital format.
4What is Discount Brokerage?
- Since decades our broking industry have been
charging client percentage based brokerage in
2010 new revolution came in our broking industry
where discount broking came into existence
discount broking is where a fixed brokerage is
charged per executed order and some brokers to
revolutionize more have started giving delivery
brokerage free. Initially this concept faced lot
of hurdles as the acceptance was not there in the
market but now more than 50 discount stock
brokers are there into existence in India where
they charge different brokerage and more focus is
on technology and customer awareness. Let us see
the top 10 discount brokers in India as they are
customer centric.
5Here we compare top 10 discount stock brokerage
firms in India
- There is two type of Broker in industry basically
- Full-service broker Full service brokerage
basically traditional Offline Broker where client
can visit branch, Sit trade , use brokers
advisory service Traditional broker offer
almost all kind of investment option - Discount Broker Discount Broker in India is
basically Online broker where client open trading
account online , use there online trading
platform and trade him self - There are few Leading Full Service broker also
offer online trading like Motilal Oswal , Angle
Broking , Sharekhan , Edelwise many more but
there brokerage are quit high compare to discount
broker in indie Like Zerodha Discount
Brokerage , RKSV , SAS online.
6Here we compare top 10 discount stock brokerage
firms in India
- Now days, Discount Broker Spread their wings in
Broking - Here we are trying to give you few points which
you need to watch before Choosing a Broker. - Brokerage
- Availability
- Trading Platfrom
- Broker Background
- Customer Support
- Product they offer
71. Zerodha
- It leads the chart in top 10 stock brokers in
India it has a client base of 6 lakh clients
they charge flat Rs 20 per exe order and the are
the few with their own in house software pi and
chart base trading. - 1st Discount Broker in India. Pioneer of Discount
Broking concept in India - Zero Delivery Brokerage
- 20 or 0.01 whichever is lowest brokerage in all
other segment. - Best Trading Platform Zerodha Kite Web Mobile
,Zerodha PI - 1st In India 10 Regional Language Trading
Platform - Indias 1st Thematic Investment Product
Smallcase - Zerodha Coin Online Direct Mutual Fund
Platfrom( saveupto 28 lacs in 25yrs go direct
mutual fund ) - Zerodha Varsity Knowledge HUB ( Interactive
Blog ) - Trading QnA Platform for all trader and
investor query - 22 Branch Office , 500 Support Team
82. Upstox
- Upstox has their own mobile software with
trading,fundtransfer,chart base trading they
charge flat Rs20 brokerage and zero delivery
brokerage . - Rs 20 Lowest Brokerage in all Segment
- Free Delivery Brokerage NSE , BSE
- Own frontend trading platform Upstox Pro Web
Mobile - Mutual Fund Investment Platform
- Average Customer support
93. Samco
- In 2008 Samco start his journey. With 23762
client Samco top 3 in discount broking league. - Highest Leverage
- 20 per order Brokerage in Stocks , Future ,
Option , Commodities - Delivery Funding upto 4x with interested charged
- Lowest Margin Requirement
- Weekly outlook from CEO desk
104. SAS ONLINE
- SAS online offers the cheapest brokerage flat Rs9
per executed order they started their operations
in 2013.it also provides its customer with
monthly unlimited plans like 499 and 699. - Rs 9 Flat per trade or Rs 999 month choice is
yours - 20000 Trading member
- 7000 Cr daily turnover
- Advance Trading Platform Alpha Trader
115. TRADEJINI
- TRADEJINI is the latest entry in the discount
broking they founders with 3 decades of
experience have made a extraordinary presence by
customer service. - Rs 20 Maximum Brokerage in all segment
- High Exposure and leverage in Intraday
- 1st 50 trade free
- Nest Trader Web Mobile Trading Platform
third-party trading platform - Other investment option Available
126. RK GLOBAL
- Rkglobal first started its capital market
business in year 2004 than later they started
discount broking with a mere brokerage of 9 per
lot the lowest in market a that time. - Low Account Opening Charges
- 999 Rs Monthly or 9 Rs Per Trade Brokerage
Offer - In-house Research Team Research Report
- 7 support Office Decent Customer support team
137. Astha Trade
- Aastha Trade being a discount broker gives
research reports and trading calls they charge
0.001 in intraday and 0.01 in delivery
brokerage they have a prompt customer service and
astha trade give 40 times exposure in intraday
8. TradeSmart
Trade smart online is a subsidiary of a well
renowned existing broker VNS FINANCIAL CAPITAL
SERVICES LIMITED THEY CHARGE 0.007 OR RS 20
whichever is lower and to accommodate clients
they have fixed monthly brokerage plans also
149. TRADE PLUS ONLINE
- They are old players in the market with a changed
name originally trade plus online was Navia
markets limited which was established in 1983
they have zero brokerage plans in commodities in
Rs99 per month. Above this they have 5 year and
10 year AMC plans for demat at a nominal cost
10. MY VALUE TRADE
My value trade is a trusted name from master
trust they provide flat Rs10 brokerage and also
have unlimited monthly and yearly plans for
clients ranging from 1000p/m to 10000/year
plans Above are Top 10 Best Discount Broker in
India and their comparison, Now you can select
right broker for as per requirements. Still you
confused allow us to call you and help you to
find best Discount Broker for your.
15CONTACT US
Address 28, General Bank Chamber
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Above kotak Bank
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Gujarat 380009 Phone 07940325797
Website www.investallign.in