Discount Brokerage in India

1
Discount Brokerage in India
http//www.mysharebazaar.com
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http//www.mysharebazaar.com
DISCLAIMER We are not expressing any opinion
on any of the stocks mentioned in the post. We
are only sharing about what we think went right
or went wrong in our analyses - it does not
translate into a buy or sell call. The only
opinion expressed in the above post is for the
brokers and their services.
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http//www.mysharebazaar.com
The Concept

• Operate from Single location through online and
  call center
• Offer deep discounted rates for trading
• Target segment Traders
• No value adds, whatever applicable at additional
  costs

Further reading Discount brokers in India,
Online brokers in India, Full service vs Discount
brokers, Lowest Brokerage in India, ICICI direct
vs Sharekhan vs Zerodha, Zerodha reviews, RKSV
reviews, Tradejini reviews, MyValueTrade reviews,
Discount brokers in Delhi Mumbai
4
http//www.mysharebazaar.com
Is it really the lowest brokerage

• Normal Brokerage rates age of turnover amount
  (Negotiable)
• Discounted Brokerage rate
• Fixed amount per month per segment
• Fixed amount per trade irrespective of the trade
  value
• No negotiation basis Volumes

Further reading Discount brokers in India,
Online brokers in India, Full service vs Discount
brokers, Lowest Brokerage in India, ICICI direct
vs Sharekhan vs Zerodha, Zerodha reviews, RKSV
reviews, Tradejini reviews, MyValueTrade reviews,
Discount brokers in Delhi Mumbai
5
http//www.mysharebazaar.com
Full Service vs Discount Broker

• Full service Broker
• Provide phone trading through dedicates dealer
• Provide research and customized advices
• Charge higher rates
• Discount Broker
• No value adds provided
• Trading through online or call center (non
  personalized)
• Charge deep discounted rates

Further reading Discount brokers in India,
Online brokers in India, Full service vs Discount
brokers, Lowest Brokerage in India, ICICI direct
vs Sharekhan vs Zerodha, Zerodha reviews, RKSV
reviews, Tradejini reviews, MyValueTrade reviews,
Discount brokers in Delhi Mumbai
6
http//www.mysharebazaar.com
Best Discount Brokers in India

• Zerodha Rs. 20 per trade or .01 whichever is
  lower
• RKSV Rs. 20 per trade 5 trades free per month
  for lifetime
• RKSV Fixed amount of 3999, 2999 and 1999 for
  unlimited turnover in Equity, Commodity and
  Currency
• Trade Jini Rs. 20 per trade with 50 free trades
  initially
• MyValueTrade Rs.1000 for unlimited turnover in
  all segments

Further reading Discount brokers in India,
Online brokers in India, Full service vs Discount
brokers, Lowest Brokerage in India, ICICI direct
vs Sharekhan vs Zerodha, Zerodha reviews, RKSV
reviews, Tradejini reviews, MyValueTrade reviews,
Discount brokers in Delhi Mumbai
7
http//www.mysharebazaar.com
Making a Choice

• Check your knowledge about markets and need for
  research
• Check your internet skills and requirement of
  dealer
• Check your trading pattern and estimated turnover
  per month
• Your answers to above question will derive your
  need of full service and if it not there then it
  is better to save money.
• Also lower brokerage will also lower your
  breakeven point while trading.

Further reading Discount brokers in India,
Online brokers in India, Full service vs Discount
brokers, Lowest Brokerage in India, ICICI direct
vs Sharekhan vs Zerodha, Zerodha reviews, RKSV
reviews, Tradejini reviews, MyValueTrade reviews,
Discount brokers in Delhi Mumbai
8
http//www.mysharebazaar.com
Thank you
Further reading Discount brokers in India,
Online brokers in India, Full service vs Discount
brokers, Lowest Brokerage in India, ICICI direct
vs Sharekhan vs Zerodha, Zerodha reviews, RKSV
reviews, Tradejini reviews, MyValueTrade reviews,
Discount brokers in Delhi Mumbai