Compare Brokerage

 

Compare Brokerage:

When you are moving ahead to choose the brokerage firm, the question must arise in your mind, which brokerage firm would be better for your trade objective. Brokerage firm, which proceeds trade activity with Low-brokerage or zero brokerage in multiple trade avenues, Such brokerage firms can be a good option for you. You really need to look at the key- procedures followed by these brokerage firms. Also, it is important to know them better in order to achieve your trade perspective.

After reviewing and analyzing thier reports, you should go through the ratings and reviews they got from the clients and customers.

Make sure that, these firms shouldn’t have hidden charges. Whatever is the cost they offer, whether it is zero brokerage or costs some amount, everything must be clear in the beginning only. So that it will not incur any loss in the future endeavors. Wisdom Capital ensures the zero brokerage and it doesn’t have any hidden charges too.

In the table, which we will describe later on, we have compared number of brokerage firms both discount and full service brokerage firms. You will be lucked out in your trade goals with the reliable information we will share with you.

Don’t exacerbate your trade objective by randomly selecting any brokerage firm.

For better trading, you should keep in mind following points about trade platform:

  • It should be user friendly.
  • It should be easy to understand.
  • It should be accurate, efficient and should work on low bandwidth.

 

Indian Share Brokers advanced themselves with some of the finest trading platforms in recent years.

The functionalities that you are looking for in a trading platform authentically includes updated market watch, quick order execution, charting, live streaming quotes etc. Most of the brokers let their clients use trading platforms for free while others charge monthly fee to continue it.

Day traders and swing traders:

Let’s have glimpse of your category.

Day trader:

Day traders are the ones who proceed and complete their trade on the same day i.e. intraday. They do not hold trade activity for future, like in the case of swing traders.

Swing Trader:

They hold trade activities for future, or proceed on their own accord.

If you are a day trader, you must have unique needs, when it comes to choosing a brokerage firm, you should carefully look at some essentials:

  • Brokerage rates
  • Trading Software
  • Execution time
  • Margin requirement/Leverage
  • Financial stability and reliability

Now, it’s up to you that what kind of trader are you.

Asserting some of the attributes for fulfilling your trade quest:

 

About Discount Brokerage Firms: 

 

 Firm name    Onset-ChargeBrokerage  estimatesMarginTrading

Platform

Wisdom Capital         ZeroZero Brokerage in

NSE, BSE, MCX, all segments.

 

Equity 40 times,futures 10 times, option selling 10 times Intra day, Mcx-10 times.Desktop –Nest, Web-Express, Mobile-Trade Eye.
Zerodha       Rs 200Rs. 20 per trade or 0.01%, lower one is preferred. And Rs 20 in FO.

 

Equity 20 times, futures 2.5 times, option selling 2.5 times Intra Day, Mcx-2.5 times.Desktop –PI, Web-Kite, Mobile-Kite.
RKSVZero for ISB readersFor 5 months, trade is free & Rs. 20 on 6th month onwards.

 

Equity 20 times,futures 2 times, option selling 2 times,Mcx-2 times.Desktop –Nest, Web-Upstox, Mobile-Upstox.
SAS online         Rs.   4000.07% per trade.

 

Equity 20 times,futures 5 times,  Mcx-5 times.Desktop –Nest, Web-HTML 5, Mobile-SAS mobile.
Trade plus         Rs 499Unlimited trade

Equity for Rs 99

Futures for Rs 99

Option selling for Rs 99

Mcx for Rs 99

 

 

Equity 20 times,futures 2 times, option selling 2 times,Mcx-2 times.Desktop –Nest, Web-Infiniy Power, Mobile-Trade Plus mobile.

 

About Full service brokerage firms:

 

Brokerage Firm Equity        Equity OptionsCurrency OptionsCommodityMargin Trading Platform
Wisdom CapitalZero brokerageZero brokerageZero brokerageZero brokerageEquity 40 times, futures 10 times, option selling 10 times Intra day, Mcx-10 times.Desktop –Nest, Web-Express, Mobile-Trade Eye.
SAS online

 

Rs 9 per executed orderRs 9/ executed orderRs 9/ executed orderRs 9/ executed orderEquity 20 times,futures 5 times,  Mcx-5 times.Desktop –Nest, Web-HTML 5, Mobile-SAS mobile.
Zerodha

 

Rs 20 per executed order.

 

Rs 20 /executed order.

 

Rs 20 /executed order.

 

Rs 20 /executed order.

 

Equity 20 times, futures 2.5 times, option selling 2.5 times Intra Day, Mcx-2.5 times.Desktop –PI, Web-Kite, Mobile-Kite.
Share Khan

 

0.35 for deliveryRs 50/lot, negotiableRs 20/lot, negotiable0.03% of turnover, negotiableEquity 20 times, futures 5 times,  Mcx-5 times.Desktop –Trade Tiger, Web-HTML 5, Mobile-Share Khan App
5paisa.com

 

Rs 10 per executed orderRs10/executed orderRs10/executed order    NAEquity times, futures 2 times,options-2 times.Desktop –Nest, Web-HTML 5, Mobile-5 Paisa Trading App
Prostocks

 

Flat Fee Plan: Rs. 15/executed orderFlat Fee Plan: Rs. 15/executed orderFlat Fee PlanRs15/executed order.   NAEquity 20 times, futures 2.5 times, option selling 2.5 times Intra Day, Mcx-2.5 times.Desktop –Nest, Web-HTML5, Mobile-Prostocks mobile app.
Inditrade0.04% for Intraday, 0.4% for Delivery – NegotiableRs 60/lot – NegotiableRs 50/lot – Negotiable 

0.04% of Turnover – Negotiable

Equity 10 times, Futures 4 times, no leverage for options,Mcx up to 3 times.Desktop –Nest, Web-HTML5, Mobile-M trade.
Indiabulls

 

0.03% for Intraday & 0.3% for Delivery – Negotiable 

 

Rs 100/lot – Negotiable

 

 

Rs 100/lot – Negotiable

 

 

0.03% of Turnover – Negotiable

Equity 10 times, future 3 times, no leverage for options selling, Mcx-3 times.Desktop –Power Indiabulls, Web-PIB web, Mobile-MPIB-2.1.
Paterson0.3% fore delivery & .03% for intradayRs 25/lot, NegotiableRs 25/lot, Negotiable0.03%, NegotiableEquity 8 times, futures-exchange prescribed margin,no-margin in option selling, Mcx-Exchange prescribed margin.Desktop –Nest, Web-HTML5, Mobile app not available.
VenturaUpfront Brokerage: 0.03%/0.3% to 0.01%/0.1% for Intraday/DeliveryUpfront Brokerage: Rs 50/lot to Rs 18/lotUpfront Brokerage: Rs 50/lot to Rs 18/lotUpfront Brokerage: 0.03% to 0.01% of TurnoverEquity 5 times, futures 3 times, option selling- no leverage-Intra Day, Mcx-3 times.Desktop –Nest, Web-HTML5,Ventura wealth application.

 

 At last, I would like to wish you all happy trading, analyze carefully and trade well.

 

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