Search for an answer or browse help topics
Post Date : July 18, 2023
Here are the ways in which discount brokers earn in India :
Here is an explained example of how a discount broker in India might earn money:
In this example, the discount broker would earn money from the commission, the interest, and the payment for order flow.
It is important to note that not all discount brokers in India earn money in the same way. Some brokers may charge a higher commission, but they may also offer other services, such as research or investment advice. It is important to compare different brokers before you choose one, so that you can find the one that best meets your needs.
No, discount brokers are not free. They typically charge a flat fee per trade, which can range from ₹20 to ₹50. However, some discount brokers offer free trading on certain types of securities, such as stocks and ETFs.
A lot brokerage of Rs. 5 is a very low rate that is typically offered by discount brokers. A lot is a fixed number of shares that are traded together, and the number of shares in a lot varies depending on the stock. If you are a trader who makes a lot of trades, then this low brokerage rate can save you a significant amount of money. However, if you are a more casual trader, then you may not need the lowest possible brokerage rate.
Flat 20 RS brokerage means you pay ₹20 per trade, regardless of the value of the trade. This is a very cost-effective way to trade stocks, especially for investors who trade small volumes. However, it is important to be aware that discount brokers typically do not offer as much research or personalized advice as full-service brokers
In conclusion, there are a number of ways that discount brokers in India earn money. These include commissions, interest, and payment for order flow. It is important to compare different brokers before you choose one, so that you can find the one that best meets your needs.
If you are looking for a low-cost broker, RMoney is a good option. They charge just Rs. 9 per trade, which is one of the lowest rates in India. They also offer a variety of other features, such as a user-friendly trading platform and access to research reports.
When choosing a discount broker, it is important to consider your needs and preferences. If you are a high-volume trader, you may want to choose a broker with lower commissions. If you are a more casual trader, you may be willing to pay a slightly higher commission for a broker that offers more research or personalized advice.
No matter what your needs are, there is a discount broker in India that can meet them. By comparing different brokers and their fees, you can find the one that is right for you.
To know about our offerings - Demat, Shares, Mutual Funds, IPOs, Insurance, Commodities and more…
Get started today to really enjoy your trading experience. Fill in your details, connect your bank account & upload your documents.
IT'S TIME TO HAVE SOME FUN!
Your family deserves this time more than we do.
Share happiness with your family today & come back soon. We will be right here.
Investment to ek bahana hai,
humein to khushiyon ko badhana hai.