Discount broker offers brokerage services in share and commodities trading. They are also called as flat fee brokers or budget brokers. The discount brokerage firms opened their shops in India infoline forex trading in year 2010. Zerodha and RKSV are pioneers of Indian discount brokerage industry and among the most popular.
Both of them offers flat Rs 20 per trade brokerage. This allows traders to execute trades of any size and pay flat Rs 20 brokerage on the trade. Since year 2010, few traditional brokers adopted the business strategy of discount brokers and started offering discount brokerage plan or become a discount broker. IIFL and Master Capital are among few big traditional brokers who now offer discount brokerage plans.
Below is the list of top 10 discount brokers in India based on number of clients they have trading at NSE. Click on the name of broker to know more about them and the services they offer. Beginner, seasoned investor, active trader or HNI. Copyright 2003-2017 by Chittorgarh Infotech Pvt Ltd. Margin Against Shares in Demat Account – How it works?