Monthly Trading Plans, Unlimited Trading Plans or Fixed Plans all are same where by paying monthly fees to brokers one can trade unlimited without worry of volume or size of trade in a month. Usually fixed plans are charged by segments - [Equity - Intraday, delivery, F&O], currency or commodity. For example pay rs 1999 to trade unlimited in Equity, Rs 1599 to Trade unlimited in Commodity, Rs 1199 to Trade unlimited in Currency. The unlimited Trading charges per month depend on broker to broker.
To find answer for this you need to track your trading history and find out what is your average brokerage per month on each segment as well as what is your future trading plans. If your average monthly brokerage payment are exceeding the unlimited trading plan charges, then it's worth to switch to monthly plans.
Please find below Best brokers by Monthly Plans in India:
Cheapest plan in Monthly option:
Cheaper plan in Monthly option:
First time in Industry - Yearly Brokerage Plan:
Detail article on Unlimited trading Plans.
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