Fintotal Knowledge | List of Registered Stock Brokers in India

With the increase in Internet penetration in India, more and more trading is being done online. This has led to a new breed of brokers, which are also know as Discount brokers. Compared to full service brokers, you can think discount broker as someone who provides very competitive brokerage rates with a good customer services.

Some of the additional services like stock recommendations and portfolio management services are not provided by Discount brokers which are provided by full service broker. Lately they are becoming very popular in India as more and more people have access to broadband and many people try to invest using there own knowledge. They generally do not have their own research teams and thus do not provide wealth management related services but they do provide a very competitive broking structure.

Discount Brokerage is a new concept in India and its picking up very quickly. There are two sub categories of discount brokers in India by the way they charge the brokerage:. So you can end up saving a lot of brokerage if you trade with these discount brokers. They brokerage is very similar but before deciding you should talk to them on phone to make sure that you like the service they are providing.

One thing you should remember about these brokers are they operate completely online and they would never sebi registered stock brokers list you anything by mail and it is because of this that they are able to provide these competitive rates. Find our top 5 discount brokers list here. Want to open account, please click below.

Both the brokers are SEBI registered and it is not easy for brokers to do fraud nowadays. Choose the one which best free forex indicator for android your how much money does stephanie meyers make. In Zerodha is charging dp charge what is meaning and how much charge they apply in trade and which company is best for online trade is less brokage flat fee.

Please tell me the genuinity of these type of discounted brokers like sas online, India trading league n all, and tell me my money is safe with these type of brokers and these type of brokers follow the guidelines of SEBI and other regulating agencies in india.

Yes your money is safe.

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They have to follow SEBI guidelines which are followed worst stockmarket crashes Full service broker. So your money is safe with them.

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Comments Rashid Jorvee says: April 3, at 6: Does discount brockers take any hidden changes, like X, Y Z fees or something somthing??

April 4, at March 6, at I heard that discount brokers can do Fraud. March 7, at February 26, at April 30, at 9: May 2, at Return to top of page.

Open account with ZERODHA and get ZERO brokerage for life. Still not sure about Broker. Open account with Angel Broking with ZERO account opening charges.