Welcome to top 10 online brokers in India, Here you can compare Indian stock brokers listed in NSE, BSE, MCX, NCDEX, CDS segments. It will help you to choose the right broker depending on your needs with respect to cost involving in trading. Brokerage is charges taken by the broker for executing your orders over the exchange and it varies broker to brokers. Some brokers offer free brokerage in all segment to encourage retail investors to invest in stock market. Needed to understand the advantage of low or free brokerage . brokerage decides breakeven points that are entry and exit in the market. Margin required to trade any segment, as the stock market is all understanding of multiplication of all correct and incorrect decisions, The more you do with margin trading the easier to earn profits with others money as high risk lies on brokers end and lower risk on your side.Software plays a major role in the trading stock market, How fast and easy to navigate between your needs. Customer Support is a key factor to saving risk when there is high liquidity in the stock market. Profits depend on the taking position in the market (buying/selling) at the correct price. Buy at less and sell at more. There is nothing in the market that guarantees.
Every individual wants to earn money for fulfilling their wishes or wants to have future endeavors and to understand this what is stock market Not all people entering to stock market becomes rich and neither everybody gets bankrupt it is just a game where money flows from fewer knowledge people to the wise man. It is just like a market where you buy anything at lower price and selling at higher price. If you are the small trader you will have to wait for the right time and opportunities to make the profit. Understanding the market will be a primary focus. The more you understand market the easy is to make profits and how to eradicate all major risks.
Go with your requirement what exactly needs you in brokers. there are lots of brokers listed in exchange providing services to all over India.Broking is totally distributed online as well as offline. Online is for the people who are technology friendly and use laptop mobile and for them Discount brokers are more useful to trade providing online trading platforms as well as the reporting tool to track their trades. You do not need to meet the broker and all your work will be completed online from account opening services to contract notes. But you will have to depend on your own strategy and trading experiences or you will have to subscribe to services. Where on Offline trading is to do with traditional brokers who charge high brokerage offering you all services like 3 in 1 Demat account having all features saving account Demat account and trading account. The broker will provide you tips and advisory along with terminal and they can provide a separate relationship manager who will be helping you to keep growing your money.
You need to understand this first to start trading, Does your broker satisfies your needs of investor and traders. Did you receive following things properly which are the factors of growth in the stock market?
|Wisdom Capital||Free||Lifetime Free||0.00 in all NSE, BSE F&O. MCX & NCDEX all segments.||Open Account in 2 minutes|
|Zerodha||Rs 200||400/Year||Rs 20 or 0.01% whichever is lower.||Open Account in 2 minutes|
|Upstox||Rs 200||400/Year||Five trade free every month. Rs 20 per trade after that.||Open Account in 2 minutes|
|Samco||Rs 300||400/Year||Rs 20 or 0.01% whichever is lower.||Open Account in 2 minutes|
|SAS Online||Rs 400||500/Year||Rs 9 per trade.||Open Account in 2 minutes|
|TradeJini||Rs 300||400/Year||Rs 20 per trade.||Open Account in 2 minutes|
|Trade Smart Online||Rs 400||300/Year||Pay maximum of Rs 15 per order.||Open Account in 2 minutes|
|TradePlus Online||Rs 300||400/Year||Unlimited commodity brokerage for Rs 99/Month.||Open Account in 2 minutes|
|My Value trade||Rs 300||350/Year||Rs 10 per Trade.||Open Account in 2 minutes|
|5 Paisa||Rs 150||400/Year||Rs 10 per Order.||Open Account in 2 minutes|
|Motilal Oswal||Rs 550||Rs 900||.5 – .9%||Buy – Nil|
Sell – .25% to .4%
|Angel Broking||Rs 350||Rs 300||.50%||.06%|
|Kotak Securities||Rs 750||Rs 50||.59%||.06%|
|Geojit BNP Paribas||Rs 800||Rs 400||.30%||.03%|
|HDFC Security||Rs 999||Rs. 550||Higher of 25 or .5%||Higher of 25 or .05%|
|IIFL||Rs 750||Rs 450||.50%||.05%|
|ICICI Direct||Rs 975||Rs. 500(mail statement)|
Rs 450 (email)
|Bonanza||Rs 600||Rs 275||.50%||.05%|
|Ventura||Rs 1000||Rs 400||.45%||.05%|
|IDBI Paisa Builder||Rs 700||Rs 350||.50%||.08%|
|Indiabulls||Rs 1350||Rs 450||.30%||.05%|
|Reliance Money||Rs 950||Rs 210||.30%||.035%|
|Religare||Rs 499||Rs 300 (email)|
Rs 480 (paper statement)
|SBI||Rs 500||Rs 386||.75%||.05%|
|SMC India||Rs 499||Nil||.30%||.03%|
|Canmoney||Rs 200||Rs 200||.35%||.01%|