Category: StockBrokers

Update On New Margin Policy from SEBI : I wrote the below article on stock brokers in India with highest margin for intraday and Futures & Options (F&O) in August 2020. But SEBI has introduced a new margin policy which will make all the details below obsolete. The new margin policy makes all the stock brokers to offer same margin and it has become a level playing field. So September 2021 onwards, all the brokers are same as far as leverage offered is concerned. Hence, now you should only look…

Before 2010, I used to pay 0.3% of the total traded value for the delivery segments and 0.03% for Intraday segment. I never imagined that there will be a time when one can do unlimited trading for a fixed monthly brokerage plan in 2024 During those time which was dominated by Full service brokers, Zerodha introduced discount broking model to India, charging a flat Rs 20/trade irrespective of traded volume. This saved around 90% of the brokerage of traders. Related Read : Detailed review of Zerodha and its offerings Later…

I have traded with multiple stock brokers and based on my personal experience I am sharing the list of stock brokers with lowest brokerage charges in India for 2024. When I started trading, there were no discount brokers around and I had to give away most of my profit in terms of brokerage itself. Read : Top 10 Discount Stock Brokers in India Situation changed when Zerodha entered the industry. I opened trading account with Zerodha in 2012 and should say savings interms of brokerage is tremendous. Offcourse, there are…

Zerodha offers one of the lowest brokerage demat account in India. Infact they are the first brokers to scrap the brokerage fee for all the investment purpose. However, they still charge for trading transactions and it is their main revenue generator. I have written detailed review of them in this post. In this article I’m going to explain Zerodha Brokerage charges in detail including Delivery, Intraday, Derivaties (F&O), Currency and Commodities for 2024 But lets begin with the Account opening related charges of Zerodha. Zerodha Demat & Trading Account Opening…

Best Stock Brokers In India I always wondered who is the best stock broker in India to invest and trade in stock market?, as there are more than 300 Stock brokers registered on stock exchanges. For this I started making list of top 10 stock brokers in India who are reputed, genuine, trust worthy and have atleast 5 Lakh clients which are suitable for beginners and small investors. In this article, I am going to discuss about each one of them with details like brokerage charges, acccount opening charges, trading…

Even tough I do not trade in commodities. I have few close friends who do deal in commodity futures. Based on my interaction with them, I try to answer the question about who is Best Commodity Broker in India for 2024 and their Pros and Cons. I have also written an article about the best stock brokers in India for equity investment. You can read that here. What is Commodity Trading? Commodity trading refers to the buying or selling of commodities or various financial instruments based on the commodities. Commodity…

Myself while opening the account with one of the full service broker in 2007 did mistake of focussing too much on brokerage and platform and ignored another important aspect, customer care. Based on my experience, in this post I will provide names of some stock brokers in India with best customer Service. Customer support is one such aspect which you should never ignore. No point in having low brokerage and AMC charges and broker fails to provide timely resolution to your issues. Modes of Customer Support/Care There are various means…

I understand that as a beginner or even experienced trader you would be interested to know who are Top 10 Stock Brokers in India with whom you can expect good service. It is not so easy to change your share broker so easily once you open a demat account with them. I also faced difficulties when I switched from Sharekhan to Zerodha in year 2012. So it is better to compare them before making your decision to go with a particular broker. I recommend you to visit the side by…