Avoid paying high brokerage charges. Save 82% and Get Additional Cashback from Gale.in
Short term traders must consider opening account in discount brokers to save your profits from high brokerage. Discount brokers charge as low as 10p per 100 Rupees with a maximum brokerage of Rs. 20 per trade. (You will end up saving more than 82% of the cost compared to paying 55p per 100 Rupees.)
2. RKSV recently Upstox
are the 3 good discount brokers i have come through. I have personal used both Zerodha and Upstox. Zerodha offers 60 day challenge; all your brokerage used is given back, if you stay profitable at the end of 60 days once you opt-in for the challenge.
Zerodha has a account opening fee of Rs. 300 for equity trading and Rs. 500 including commodity trading.
To promote payment of lower brokerage charges; i have considered to offer cashback of Account opening Fee for Zerodha (Rs. 300) to my subscribers, who open new/fresh account with Zerodha and win the 60 day challenge. Participate and win now. If you are switching from another broker get 50% cashback (Rs. 150) in advance once the account is opened. Remaining 50% will be paid after you win the ’60 day challenge’.
To open new account with Zerodha and participate; all you need to do is to fill the form below with your Name, Email and Mobile number. Your name, email and Mobile number will be forwarded; Zerodha representative will contact you soon. By filling the form you also become a premium member of gale.in. Offer only valid for new account opening. If you have already registered at zerodha, please provide new/fresh email id to participate.
(Disclosure: I consider Zerodha to be one of the good discount brokers and i personally use it for low cost trades and you will be recommended under associate program of zerodha.)