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How do discount brokers earn? Here are the ways in which discount brokers earn in India : Commissions: Discount brokers in India typically charge a flat fee of Rs. 10-20 per executed order (Pay a flat fee of 9 per executed order). This means that they charge the same amount, regardless of the size of the trade. For example, if you buy 100 shares of a stock at Rs. 100 per share, you will be charged Rs. 200 in commissions.
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What is Discount Brokerage ? A discount brokerage is a type of brokerage firm that provides cost-effective trading services, offering lower commissions compared to traditional brokers. While they may have fewer features and limited support, they still enable you to buy and sell securities, manage your account, access research tools, and benefit from educational resources. Discount brokers excel in low-cost trading, online accessibility, and self-service capabilities. However, they may have limited research offerings, lack investment advice, and provide minimal customer
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Experience the convenience and flexibility of opening an account at RMoney, where you have two options to choose from. Firstly, you can enjoy the privilege of a free account opening. Alternatively, you can opt to pay a nominal fee of Rs.299/- at the time of account opening and unlock the benefits of an advanced brokerage worth Rs.499/-. We believe in providing exceptional value to our customers, which is why we offer the added advantage of Free Annual Maintenance Charge (AMC)
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RMoney has come up with two new brokerage plans Rs.9/- per trade and Rs.999/- Monthly brokerage plans (orders exceeding 1,000 in a month, brokerage of ₹1 per order will apply) with the Freedom Zero Brokerage Plan* This will allow you to choose a brokerage plan of your choice. Rs.9/- Per Trade Plan Under this brokerage plan, you will be charged a brokerage of Rs.9/- per executed trade irrespective of the size and segment of the trade. Rs.999/- Per Month Plan(orders
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Absolutely! You have the flexibility to modify your brokerage plan at any time, any day. All you need to do is send a request from your registered email address to askus@rmoneyindia.com. Our dedicated team will promptly assist you in making the desired changes to your plan. We strive to provide a seamless experience, ensuring that you have full control over your brokerage options. Feel free to reach out to us whenever you need to fine-tune your brokerage plan to align
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Enjoy the Benefits: Zero Account Opening Charges! Alternatively, you can choose to pay only Rs.299/- at the time of Account Opening and unlock the incredible advantage of Advanced brokerage worth Rs.499/-. Take Advantage of Our Offer: Avail Free Annual Maintenance Charges (AMC) for the first year. Afterward, it’s just Rs.299/- +GST per year to continue enjoying our exceptional services.
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