Stock trading has become one of the hot activities around the world. Stock market provide best grounds to invest and to make a good profit by people of any of the age, gender and income. But you can’t simply enter the stock market and can continue with trading. You have to open the trading account with any of the registered stock brokerage firms in the country to start with the procedure. They are authorized to engage in purchase and sales of stocks on behalf of their customers. And there is no doubt that everyone will generate a service charge for the service provided. Here comes the task of the selecting the best broker who can provide services the really affordable brokerage charges.
What does zero brokerage mean?
In simple words, zero brokerage plan should make the traders and investors free from any kind of charge for the trade. Yes, brokers should not offer any sort of service charge for the services. This concept was introduced to attract the increasing number of traders. But it is found that most of the brokers claim to provide zero brokerage and in reality, they charge cost on per trade basis apart from charging a good upfront rate on monthly, yearly and lifetime basis. When these amounts are calculated in total, it makes the trader or investors pay a hefty amount to the brokers. It is a good idea to make use the list of top 10 stock brokers in India to select the best brokers who render the services at rock bottom brokerage charges.
Zero Brokerage or minimal brokerage
Zero brokerage is just the plan or term used by the stock trading brokers to attract countless traders and investors who search for the best brokerage firm with the best plan. But everyone knows that none of the brokerage firms can provide free services to make the existence in the market. They charge a reasonable amount of fees for the services. In the real sense, zero brokerage should read as minimal brokerage in this context. But there are some high turnover firms who provide free brokerage for the customers on certain transactions.
Make use of low brokerage online trading
So realize the fact that stock trading is not going to happen at free of service. You have to pay a reasonable service charge. Here comes the importance of comparing the service and cost of service offered by the top trading brokers of the country to open the trading account with a trusted and affordable broker. There are reputed full-service brokers who render services at zero or minimal brokers charges for the customers.
Make use of online discount brokers
There are brokerage firms to provide 100% satisfaction for the customers. With a good amount of regular business turnover, some of them also provide free trade zone for both experienced and new investors. Discount brokers provide an excellent platform to engage in unlimited trading in both commodity and stock market. They provide the integrated commodity, equity, currency, and mutual fund trading with minimal or zero brokerage charges.
It is your good research to select the top stock trading brokers in India that bring services at zero or minimal brokerage charges. Now it is the right time exploit the opportunities of the stock market.