Improved Trading with The Best Choice of The Broker

May 30, 2017 10:45 am 0 comments Views: 5

Trading has acquired new agility due to the way one may trade from anywhere, not just at home or the office on a computer. Most of the trading houses now offer their services across multiple platforms so one may trade using their cell phone, their tablet, or their iPads from anywhere they choose to be. Is this good or what?

People seek low brokerage fees

The importance of being flexible is important but being inexpensive is more important, especially for those who are just starting out in the field of stock and share trading. To find a broker with the lowest brokerage charges in India is not difficult. You must see what products they offer and what is the limits they enforce on these products.

Traditionally, the brokers charge a certain percentage of the value of the trade. Most of the traders who indulge in huge volumes of trade end up paying plenty of money as brokerage. This sum runs into lakhs of rupees per transaction. This type of a broker is a traditional broker or a full-service broker.

F &O span margin calculator – get your margins online

Use of a discount broker

The second type of broker is the discount broker. People also call them the flat fee brokers since they will take a flat sum of money for the trade as brokerage. These discount brokers will take fixed amount, say Rs 20 per trade irrespective of the size of the trade. So, the traders pay a sum of Rs 20 for their trade between Rs 10,000 and Rs 100,000 and they are happy about it.

Let us consider an example to clarify the matter. If you buy 100 shares of Rane Eng Valve paying Rs 58,795 you need to pay only Rs 20 to the Fixed Price Broker. Suppose the traditional broker has a rate of 0.5% then you must pay him Rs 293.98. Maybe you don’t mind the amount but at the end of the year you will see a significant dent in the profits. This is one of the reasons why traders go looking for brokers with the lowest rates.

Advantages in choosing the flat-fee broker

So, the low brokerage pricing for online trading will come from the flat fee brokers. They offer several advantages such as those listed below:

  1. You only pay one all-inclusive fee which is only 10% of what you would pay a traditional broker.
  2. You do not have to worry about calculating the brokerage.
  3. Traders must pay less tax on the flat fee brokerage.
  4. The discount brokers cover all the exchanges so you can trade anywhere.
  5. The customer service is better since there are no complications with the brokerage calculation or size of the trade.

You have an inherent advantage when you open an account with a full-service broker. That is the size of the margin. The margin provided by the full-service broker is much higher than that of the discount broker. In addition, they have many other related services on their websites such as mutual funds, insurance, and more. You can manage all of them on the same page. It makes everything simple.

Leave a Reply


Other News

  • News The Richest Musician of the History and their net worth:

    The Richest Musician of the History and their net worth:

    Some names would immediately come to the mind – Paul McCartney, Michael Jackson who were true musicians and even today world listen to their songs and music. Artists who earn more money with “a few songs” than whole family tribes for centuries but who made it to the top of the pyramid? And what has all contributed to this? You will be surprised that the music plays a more subordinate role when it comes to hard money. To check other […]

    Read more →
  • News Welcome to the official site of Celebrity Net Worth!

    Welcome to the official site of Celebrity Net Worth!

    Well hello everyone! A very warm welcome to the official site of the celebrity net worth where you will find relevant information about the net worth of your favorite celebrities whom you have been following eagerly from all your time. We always have been eager to know about the luxurious lifestyle as well as the annual income of the celebrities and the Celebrity net worth site has been serving since much time providing with tremendous of information about the celebrities. […]

    Read more →
  • News Get the HQ celebrity photos only in online

    Get the HQ celebrity photos only in online

    There are a lot of things in this world that could attract us and sometimes even get us addicted to it. One of such things is the celebrities irrespective of whatever the domain they are excelling at. Almost all the people would like some people who are successful in their life; these will give the positive energy in their life that could make them achieve their life goals. These sorts of people would love to have the picture of their […]

    Read more →
  • News All you need to know about being a celebrity

    All you need to know about being a celebrity

    Celebrities are the common people with the added advantage that they are being liked by many other people who are their fans and would like to follow them for all their regular activities and moving around the globe. There are many things that are to be considered while being a celebrity. The official sites that which comprise with the celebrity net worth wiki explains and depicts the ideals of the celebrity. There are various standards and the methods that define […]

    Read more →
  • Business Get to know the details of awards and rewards of Blake Goldring

    Get to know the details of awards and rewards of Blake Goldring

    Blake Goldring is a successful business person who participated in many community services and contributed to the professional works. He has started his career in the BMO which is stands for bank of Montreal. But, he has left that firm in the year of 1987 and renewed his career in AGF. Here, AGF is nothing but American growth fund. In AGF, he has started his career as the analyst to check the investment of Japanese port folios. Then in the […]

    Read more →
  • Health Buy the best weight reducing products

    Buy the best weight reducing products

    Weight loss program products can continue to take type and shape so long as the need to shed weight remains to reside in the people. In the current industry, be prepared to view several of those weight loss program products within the type of areas supplements, products and meals. Businesses have made these items to assist individuals realize their ideal weight. Many weight reducing products are available in market but http://gesundundeinfachabnehmen.com/  finds the products in the mentioned link for better […]

    Read more →
  • Business Advertisements about e-cigarettes

    Advertisements about e-cigarettes

    In today’s fast growing world, many people who love cigars will come to know information only via viewing advertisements. There are many simple ways and smoke lovers will read out complete information available over there. Right now, there will be great opportunity in knowing out the flavours and the nicotine adds in it. All e-cigarettes will not be of the same taste and there will be lots of discussion made among them. Until and unless smoke users visit online there […]

    Read more →
  • General Smart Parking Solutions

    Smart Parking Solutions

    Smart parking is one of the fastest growing adept parking solutions in the world. Universities, shopping centers, airports, city garages are some of the few entities that have accepted the significant advantages of automated parking technology. The capability of analyzing, connecting the automated data and gather them from the particular devices is what makes smart parking possible. Smart parking involves low-cost sensor, applications, and real-time data that permit the users to monitor available and unavailable parking areas. Smart parking solutions […]

    Read more →
  • Technology The advantages of LED Grow lights

    The advantages of LED Grow lights

    The life span of LED grow lights is exceptionally long. It can provide light for 100,000 hours, which is 50 times longer than other forms of light bulbs. Many light bulbs confront light degradation, but in the event of LED bulb, no issues are there. A light spectrum is inside the LED bulb, which helps in to provide the lighting for many years. LED grow lights do not require any ballast like traditional grow light. Its system is also lighter […]

    Read more →
  • Education HOW TO CHOOSE GREAT UNIVERSITIES

    HOW TO CHOOSE GREAT UNIVERSITIES

    There are many options that you consider while choosing a university including infrastructure, academics, alumni, among others. While choosing a college to take the admission it is an easy decision for some, many students find it very tough to decide. So here is a rundown of best things to consider and look while applying in colleges: Ensure you’re doing what’s best for you In case you’re applying for any , ensure this is where you always wanted to go. When […]

    Read more →
  • Career Working abroad? 5 Tips to save your hard-earned money

    Working abroad? 5 Tips to save your hard-earned money

    There are millions of people who work overseas away from their families and friends in some other country. They earn the money in some other currency and then they need to save and send their earnings to their dependents back home. Some people tend to keep their money in the savings bank account with an aim to save the total earnings so that they can yield some extra income. But this isn’t sufficient enough. You should also follow some prudent […]

    Read more →
  • Business Self storage and the benefits of preferring them

    Self storage and the benefits of preferring them

    The habit of storing things that they love is one thing found common among the people. Everyone have something as a prized possession on their life and as the time changes, it might consume much space on the home. You cannot throw them away yet you must do something to manage the space inside the house.  Pack the unnecessary things on your house and prefer the self storages on the markets and you will get the better space on your […]

    Read more →
  • Food Say Goodbye to Food Worries With e-Catering

    Say Goodbye to Food Worries With e-Catering

    All that hard work is making you tired and cranky. It is time for a break – along (hopefully!) holiday of sorts from that deskbound job that seemed to be killing you an hour at a time. A quick mental check of your bucket list of places to visit, followed by your choice of vacation destination is how you would start off. Now comes the actual planning – fly or take a train? Or would you want to rough it […]

    Read more →
  • Technology Benefits of Using Copper Laminated Flexible Connectors

    Benefits of Using Copper Laminated Flexible Connectors

    Copper laminated flexible connectors are widely used in electrical industries. These are prepared by stacking many layers of electrolytic copper which are then placed under high-pressure currents. A metal diffusion occurs whereby this metal melts and then forms homogenous bonds. So, you can get a negligible, milli-volt drop across the connectors and it reduces the rise of temperature while increasing the connectors’ current carrying capacity. Why are copper laminated flexible connectors useful? The copper laminated flexible connectors find usage as […]

    Read more →
  • Fashion Dress it up right for your baby shower

    Dress it up right for your baby shower

    It is very important to dress right for every occasion may it be your marriage or your baby shower. These are some of the most important occasions of your life and when you look back at the memories, through photographs, you would like to see yourself looking nice and comfortable. One of the essential things that you need to do amidst all your pregnancy woes and worries is to find the right dress for your baby shower. You can either […]

    Read more →