Discount brokers in India are known to provide a limited number of services to the investors but they are highly popular for the low brokerage related rates which are charged by them. These kinds of firms also provide the web-based services to the investors which can be used by the investors to receive the necessary information and then invest in the stock markets.
Some of the best discount brokers are mentioned as follows:
• Wisdom capital: This company has been rated as the highest and the most popular discount broker in India. The company provides different kinds of services which include both platforms online as well as based upon applications. The individuals related to this particular company have the facility to pay zero brokerage for a lifetime. The processes of opening the Demat account with this particular company is very easy and even the maintenance charges are very low. The company provides the best quality customer care services in the sector which helps the investors to invest their funds in the best securities and get the best possible resolutions for all their queries.
• SBI securities: This Company is known for providing broking services to all the individual investors as well as corporate bodies who are engaged in the business of investments. The company provides various services which include the broking services, managing the assets, providing the best financial solutions to the investors. The company is well known for completing the tasks with a huge level of efficiency. Various web-based application-based services are also provided by the company in which the investors are allowed to deal in different securities conveniently.
• IDBI paisa builder: This is another one of the leading discount brokers in India. This company is a subsidiary of IDBI Bank Ltd that offers different kind of services to be investors. The investors can easily invest their funds in different kinds of stock market securities with the help of services provided by this particular company. This company also provides both applications as well as online-based trading platforms to the individuals where they can get the trading related information to invest in the best stock market securities.
• RKSV: This is a Mumbai-based discount brokerage company that helps to provide professional and best quality services to the individuals. The individuals can make the best decisions with the help of services provided by this company. Individuals can go with the option of monthly as well as yearly plans under this firm. The company charges Rs.20 per transaction which is very low in comparison to all the other firms and this is the reason this company is highly popular among the investors in India. The company also provides a service of trading for free for the first five transactions which is the unique feature in comparison to all other companies.
Many discount brokers in India help to provide services and assistance related facilities to the investors. This all depends upon the needs and requirements of the investors that which one suits best to him or her and then he or she can choose accordingly.