Posted on 14th Jul 2015
by TopShareBrokers.com team
Rated 4.5/5 based on 90 customer reviews
I have personally observed when it come to services, most of the traders would like to go with money saving services. Like in airlines tickets, passengers look for cheap fare for short journeys without caring much about quality service.Switch to Discount brokers and Save up to 70% on your brokerage fees.....
Same concept is also getting popular with discount share brokers in India, where investors are getting services at low cost. In Indian trading environment, it's very rare where investors are using complete services provided by full service brokers. So if you are not using all the services like research and so on, then why to pay high brokerage?
For this review, we are not only looking for the lowest broker commissions for trading, but we also focused on brokers that were easy to use and had minimum account opening fee and demat charges. Our top broker recommendations for 10 best share brokers for cheap trading in India are below:
Straight forward pricing structure: Discount Brokers' pricing structure is very simple, compared to traditional or full service brokers. Everyone pays the same brokerage either they buy 1 share or 1000 shares. Making the price clear and easy to understand is part of making it easy to adopt. Discount Brokers are trying to get more business from word of mouth publicity rather than high cost advertisement and media research.
Never skimping on quality - It would be a mistake to think that low cost share brokers skimp on quality of service, Software quality, Speed of trade and customer support is as competitive as full service brokers.
Here at TopShareBrokers.com we update our website daily to ensure you are getting the best deal possible for your new account.
Before choosing a broker for cheap trading, make sure to read their full broker review and compare them side by side to determine the best share broker for you.