How the lowest brokerage brokers in India revolutionized trading? Among many reasons for trading becoming a favorite choice of investors in India, the most prominent one is emergence and proliferation of discount brokers in India. Optimizing trading processes based upon electronic platform has made a very positive impact both upon the pricing as well as performance of stock broker in modern time finally converting the benefits in favor of a retail trader as well as institutional investor. There are many reasons that have caused the lowest brokerage and the highest exposure broker company in India to lead the market from the front. The first prominent reason for the discount brokerage firm’s growth is the lowered transaction costs and increased transparency. A broad array of research services are thus offered. Below are described some massive advantages offered by a lowest brokerage and highest exposure broker in India over the traditional brokerage firm.

 

Revolutionizing Stock Market in Terms of Growth    

As a second highest number of internet users in the world after China, India has imbibed internet into the business practices to a greater extent and trading is not an exception to this discourse. In India internet trading (online-trading) was introduced in February 2002 and brought a massive change into the trading.  This has reduced the time of settlement in India from 60 days to buy/sell stocks to T2 and T3. Indian Capital Market has grown to 1688% since becoming online in 2002. Not only this security and transparency at the stock market has been rose to an exaggerated level by introducing online trading in India.

 

A Different Trading Structure from the Traditional One    

A major difference existing between the conventional and modern trading is the dynamism offered by the discount brokerage company in India in conducting trades.

 

Traditional Brokerage FirmOnline Brokerage Firm
Retail Broker used to Search Client BaseAn investor can easily search and have access to a discount broker.
Required to Search Information in the  Financial MarketAn investor don’t need to depend upon information on a retail broker instead information is available on internet.
To hold Communication with a Client on the PhoneHere an investor is not required to connect with retail broker, instead, he can place his orders on a trading platform.
Depending upon the client’s approval pending trades are being executed.No need to contact straight to a broker instead can place order instantly.
Due to volatility in trades, it is possible that the expected trade may not be executed due on the expected time.

 

Trades are executed instantly in micro seconds.
Even the quality of retail broker’s changes from individuals to individuals and sometimes it make difficult for an investor to choose stock according to one’s preference and choice.In online trading for selecting the scripts an investor can do it without over depending upon the broker for the service.

Overall, the Lowest Brokerage & the Highest Exposure Broker in India    offers an impressive rights and privileges to an investor to exercise trading freely and impressively. With a discount broker an investor get its trade instantly at the same price. Moreover, he also enjoys the brokerage and commissions that are comparatively low. Other benefit offered by the trade execution and research features if online brokers is the comfort and facility to have round the clock access to trading systems and account information. A trader with an online trading account gets certain decision making powers and to become feel confident with self-directed portfolio management. The investors now get access to research tools on which earlier brokers had control earlier on.

 

IMPROVED SERVICES by the LOWEST BROKERAGE COMPANY      

The lowest brokerage brokers in India has other big reason for being popularized is due to their quick service delivery and value model. They have become immensely popular among individual investors due to the convenience, control, accessibility and low commissions. The most prominent reason for lower transactions costs with the lowest brokerage discount broker companies is less human resource and infrastructure cost. With the addition of online trading there has been introduced automated back office processes. While operating online over internet now trading has become a household affair. The role of trading platforms is also of massive importance in popularizing discount brokerage companies among the traders and investors.

Performance Based Rating for the Leading Trading Platforms in India    

 

S.No. Trading Platform Technical EfficacyMarket Watch ChartsOption Calculator – Analysis  Price Alerts & Advisory
1FOX TRADER (Wisdom Capital) 9/1010/109.5/109.5/109/10
2ZERODHA PI8/108/109/108.5/108/10
3TRADE TIGER7/107/107.5/108/107/10

 
How Competition Has Made the Lowest Brokerage More Beneficial

Despite being hardly one decade old discount brokerage companies in India has emerged in India in good numbers due to the lower infrastructural costs and ease of operations. However, the services and execution is a part in taking services from a discount brokerage company, yet pricing also impact over the preference of an investor choosing a lowest brokerage and the highest exposure broker in India. On the basis of expertise and services offered discount brokerage companies in India are counted as full-service, service oriented, fence riders and no frills.

 

Demat Account Opening charges by the Lowest Brokerage Companies in India

DEMAT ACCOUNTS IN INDIADEMAT ACCOUNT OPENING CHARGESDEMAT AMCDP CHARGES TRADING ACCOUNT OPENING CHARGES
WISDOM CAPITALFREERs.0.00(ULTIMATE PLAN)Rs 15FREE
ICICI DIRECTRs. 975(FREE FIRST YEAR)Rs. 5.50FREE
ANGEL BROKINGRs. 250Rs. 450Rs. 21FREE
KOTAK SECURITIESNILRs. 6000.04%Rs. 750
HDFC SECURITIESNILRs. 7500.04%Rs. 750
ZERODHARs. 100Rs. 300Rs. 13.5Rs. 200
SHAREKHAN NILRs. 750Rs. 16NIL
UPSTOX Rs. 150Rs. 150Rs.15Rs. 150
5 PAISA NILRs. 400Rs.25Rs. 650
INDIA INFOLINE  NIL Free FIRST YEARNot Available Not Available

Margins offered by Wisdom Capital under NSE Equity

Brokerage PlansFreedomProUltimate
MISUpto 5XUp to 40XUp to 60X
BO/CONAUp to 40XUp to 60X
NRML (BTST) 1XUp to 2XUp to 4X

Margins offered by Wisdom Capital in NSE Futures

Brokerage PlansFreedomProUltimate
MISNA5XUp to 15X
BO/CONAUp to 10XUp to 20X
NRML (BTST) NA1X1X

Margins offered by Wisdom Capital in NSE Options

Brokerage PlansFreedomProUltimate
MISNA5X for Writing/SellingUpto 15X Writing/Selling
BO/CONAUp to 10X for Writing/Selling,Up to 20X for Writing/Selling, Up to 3X for Option Buying
NRML NA1X1X

Margins offered by Wisdom Capital under NSE Currency

Brokerage PlansFreedomProUltimate
MISNA3X5X
BO/CONA3X5X
NRML NA1X1X

Margins offered by Wisdom Capital in MCX Commodity

Brokerage PlansFreedomProUltimate
MISNAUpto 6XUpto 10X
BO/CONAUpto 7XUpto 14X
NRML NA1X1X

With diminishing charges and better facilitation of services, the future of discount brokerage is very bright in India as more and more investors are turning towards online trading.