Best Discount Brokers In India for 2019


Discount brokers are stockbrokers that provide stock brokerage services at discounted rates. They provide share and commodity trading services to customers. A concept discount for the broker started in 2010. Prior to discount broking, the Indian stock market had only full-service stockbroker subsidiaries. Full-service stockbrokers provide complete services such as stock trading, mutual fund investing, commodity trading and more. The full-service stockbroker charges a brokerage. Whereas the discount broker charges a flat fee for each trade. This rate is equal to Rs 20 per trade. A discount broker is also popular as a flat fee broker or budget broker.

Zerodha

Zerodha is one of the best discount brokers in India. The main features of Zerodha are given below –

Zerodha Key Features

-Trade offer for flat duty is less than Rs 20.
-Advance trading platforms such as Xeroda Kite, Kite Mobile, and Zerodha Pi
-Mutual Fund Trading Through Jeroda Coin Platform

5Paisa

5Paisa is the one of the best discount brokers in India. 5Paa is supported by IIFL. 5Paisa offers many other services in addition to the car, health, life insurance, and many more trading. The main features and charges to be charged by 5Paisa are given below.

5Paisa Key Features

 -The lowest stockbroker in India executed the order with 10 rupees brokerage
-Desktop and Web-Based Trading Platforms
-Free research report

Upstox

Upstox (RKSV) is the one of the best discount brokers in India. Upstox is a completely paperless platform. Apart from the stock market, Upstox also offers mutual fund trading platforms. read more Upstox account opening.

Upstox Key Features

-Free delivery trades. Other segments have a maximum of Rs. 20 per trade fee
-Trading platforms as Pro Web and Pro Mobile
-Multiple online tools and calculators



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