Discount broking
Discount Broking in Indore is a type of financial services that involves the purchase and sale of stocks, bonds, commodities, currencies and other financial instruments through a broker.
Discount Broking in Indore is a type of financial services that involves the purchase and sale of stocks, bonds, commodities, currencies and other financial instruments through a broker.
Discount Broking is our primary product and what we specialise in. We believe that technology has enabled us traders so much that we do not need the hand holding of the traditional brokers who in turn charge very hefty brokerage.
Today transactions are executed online in the blink of an eye, and the prices are absolutely transparent and visible to all.
Hence there is no need to depend on a broker or dealer to call us and guide us on how to trade.
For such self-sufficient traders and investors, discount broking is a boon as they can trade by themselves at a discounted rate of only Rs. 20 per executed order across all trading products.
The term discount broker is used to describe a broker who offers services at a lower fee than the average full service broker.
Discount brokers offer far less than full service brokers, which is the main distinction between the two types of brokers. They may also offer specific services, such as researching stocks and bonds or making sure that you have access to certain types of investments. Unlike full-service brokers, discount brokers do not always require you to pay for their services upfront.
In many cases, people will choose one of these two types of brokers because they believe it will get them better returns on their investments.
Q- What is the main advantage of a discount broker?
Discount brokers' key benefit is that they provide stock trading services at a cheaper cost than full-service brokers, and higher returns for traders result from lower costs.
Q- Are discount brokers safe in India?
Discount brokers do keep your money safe, but they don't offer the same level of investment risk advice as full-service brokers.
Q- Which is the best discount broker?
Maxgive Investment is one of the best discount brokers company in India, that involves the purchase and sale of stocks, bonds, commodities, currencies and other financial instruments. Brokers act as intermediaries between buyers and sellers of securities.