Pricing is the reason I work for in this stock market industry. Be it pricing of stocks, commodities or the brokerage pricing. The buying cost of a stock definitely affects me more than the hot trading platform because I am a trader and have an obsession of money. I believe in cost effective broker.
I think this TradeSmart broker is quite low on its cost. But I doubt on their services. Although they have an account opening charge of Rs 600/- , which i came to know when I was chatting with an executive on their website.
The disadvantage of the per trade plan of Rs 15/trade, is they have volume commitments and 700/cr is as expensive as 1000/cr plan, wouldn’t make much difference.
Well, suggest me as I am looking forward to open a new account with them.
I am talking to many other discount brokers as well, will keep you posted.