Hi members,
There are different brokers with different plans in this brokerage industry.
Like, If we talk of zerodha it charges Rs.20 on per trade , which is I suppose is one of the cheapest plans but for those who do multiple trades or are beginners and have small volume of trades , it becomes costly. Apart from this they charge Rs 100/cr for every trade you make and AMC of Rs. 400 from the very first day and many other hidden charges.
One more discount brokerage company I came across was Finvasia. Its having a plan of 175/crore and 1.75 per lot. It also provides free call and trade facility and no AMC charge for the first year. They also provide MF, SIP etc unlike few other discount broker companies.
Like zerodha , the RKSV too have 20/trade plan and an AMC of Rs. 450 from first year. HDFC, KOTAK , ICICI, charge around 4000/crore , 1000/ crore, 2000/crore, etc. All these plans have other charges also beside the brokerage, so they become very costly.
Chittorgarh will provide you with the links to different brokerage houses and their comparison. Check their tariff plans and choose accordingly
