CompareShareBrokers Latest Blogs  (100)

For Indian resident Zerodha charges a brokerage of 0.03% or Rs.20 per executed order, whichever is lower, irrespective of the number of shares or their value (other than equity delivery trade which is free).Zerodha doesn't have minimum brokerage and maximum brokerage you pay for any transaction is Rs.20 for an order (of any size and in any segment).

National Payment Corporation of India (NPCI) has developed an instant payment system built over existing IMPS infrastructure called UPI or Unified Payments Interface. This allows you to instantly transfer funds between any two parties’ bank accounts.UPI transfers can be used from any bank account. You can transfer a maximum of Rs. 1 lakh per day using UPI.

IIFL Super Trader Plan (Pro Traders) which provides an opportunity to invest in the stock market at competitive rates and is been designed for the trader community who wants lower brokerage along with a host of services. This plan can be subscribed by paying monthly subscription charges of Rs.999

Some brokers offer the Brokerage free delivery trade as part of their basic plans like Zerodha, Dhani Stocks, Angel One, etc and some brokers offer the same if you enroll for their subscription plans like 5paisa.

Groww was launched in 2017 by former Flipkart executives Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal. Groww started as a platform for buying direct mutual funds. Currently, It has over 6 million registered users and caters to investors across more than 800 cities. It is backed by some of the marquee investors, which include Sequoia, Ribbit, YCombinator and Mukesh Bansal, among others.

IIFL has recently launched 3 new Brokerage Plans designed for different-different customer profiles. Investor Plan (Online Plus), Super Trader Plan (Pro Traders), and Premium Plan (Dedicated RM). You can choose any of the plans bases on your need while opening the demat account or any time after that as well. Here we would be discussing Investor Plan (Online Plus).

Axis Direct provides their NRI clients all the facility which make trading easy and convenient like 4-in-1 account, all kind of trading platforms, MF Investment, AMO orders, Call & Trade and Relationship Manager for quick assistance and equity research for making decision quick and informed. The only downside is Axis Direct does charge higher brokerage for its services vs its peers in the discount broking segment.

Angel One has introduced his latest plan which has ZERO cost brokerage services for trades executed in the delivery segment and at a flat fee of only Rs. 20/- per order for Intraday, F&O, Currencies and Commodities segments.

Please find here the list of Frequent asked questions about Zerodha on Brokerage, Trading & Demat Account, NRI Account & charges, Trading Margins, Account opening, and Customer Support, etc.

Currently, there are many ways in which you can buy and sell your securities like via mobile app, HTML based trading platform, trade terminal, or install-able desktop software, and via calling to brokers executive but before the online broking era, the customers were inclined towards making calls to their brokers and making purchases of their securities.