Is there any brocker chargers for online trading in stock market and suggest me a better brocking company for opening an account.
Is there any brocker chargers for online trading in stock market and suggest me a better brocking company for opening an account.
Yes there are brokerage charges for trading in stock. They vary from broker to broker but now as there is stiff competition, you can get brokerage as low as 0.01 percent for intraday and 0.10 percent for delivery. However, average brokerage charges are 0.03 for intraday and 0.30 for delivery.
However, people are also happy with .05 and .50 percent brokerage in many cases.
Online brokers can offer you advanced services at low cost. You can go for full service brokers as well. But I feel sometimes traditional brokers impose unnecessary restrictions while trading .