We have done lots of research on the market and we came up with the best Low Brokerage Demat Account in India. Now since you have chosen to trade in stocks, it’s very important to go with the right stockbroker who is able to fulfil all your requirements. The brokerage you pay can make a big difference in the return you make in the long run and most of the time, it is difficult to change brokers once you have start trading with them. So do proper research before making your decision.
You will find all the information on the website but before you finalize try to discuss the brokerage structure with the broker as a few details might be different from that mentioned on the website.
Major Full-Service Brokers in India
If you are planning to invest your money in the commodities market, then you may go through commodity trading and the best commodity brokers India.
In case you are new to investing and not sure of how it works, read How to invest in share market in India.
For reading in detail about the brokers, just read the reviews about them. Some of the points of difference between these brokers are:
Ease of Use
Software or Net-based
Day trading cut off time
Linking to the Bank
IPO /Mutual funds allowed
I will try to make clear these points some more for the newbie investor.
Brokerage: This is one of the most important things which you should see before becoming a customer of any broker. This is one thing which will decide the amount of profit you are making and in the long run in trading believe me that this will be one of the most important things.
Ease of use: What is the type of user interface provided. Is some experience required or a novice can work on the same. This should be as simple as possible for effective use.
Software or Net (Applet) based– if you trade from your office with a firewall ahead then this is very important.
Day trading auto square off time – This is another very important thing for someone who is into day trading as it could be one of those things which decide whether your trade can be squared off at 2:45 or 3:15
IPO /Mutual funds allowed: You need to check if your stockbroker is providing just equity trading service or if he is providing IPO/Mutual Funds also through the website. It always good for a retail investor to get all in one platform so it becomes easy for him to manage. Link to the bank- this would help in deciding when you would get money in the bank account after it has been received in the Demat account. In case you are an NRI, then you may go through the detailed article about NRI Demat Account for trading in stocks and shares. Wish to open an account with Best Full Service Stockbroker.
The most searched articles on the website include Top 10 stock brokers in India, Best Demat account in India, the Best trading platform in India and Lowest brokerage charges.
Just in case you are a Non-Resident Indian, then you may check out our article on the NRI Demat Account for trading.
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