Finding the right stockbroker will make your trading experience more efficient and profitable. There are several different types of brokers and financial advisers that will work with you.
All brokers will execute trades for their clients, but a good broker will also research on various investments in stock market and provide advice to you. A good broker really consider your portfolio. Ideally, a good broker thoroughly researches various investments and keeps you up-to-date with market trends and with the stock performance. Did you consider this ever before signing the application form.
In return for these services, the broker charges fees when you buy or sell stocks. For example, you buy 100 quantity stocks and you pay brokerage rs 100. A broker also typically charge annual service charges or maintenance fees for your account. Most disturbing, because all brokers receive commissions every time for executing a trade for the client, their compensation is largely determined by how many times you buy and sell stocks in your account. This is not to say that you shouldn't use a broker, but if you do, go into it with your eyes wide open, thoroughly check the broker out. Does your broker charging very high commission for executing trade. For example, if you buy 100 quantity of a perticular stocks which price is at 100 and the broker charge rs 100 for executing order. Same order can be execute at rs 20-30 only. which broker would you like to choose. choice is yours. Does your broker provide you technical analysis training and various research on stocks and on stock Market, because they are charging annuals fees and commissions on your every buy and sells. If not then you are only the source of profit for them, but they are not for you.
Nifty Eyes provide all technical training for their clients absolutly free and charges very low brokerages. yes we charge Rs 20 only per trade order, quantity no matter.
Open an account with Us and learn free tecnical analysis training and get various research on market and stocks. We are associate partner with Zerodha! Zerodha is an online discount brokerage firm. Through us you can buy and sell Stocks, Futures & Options, Commodities, and Currencies using cutting-edge software at unbelievably low costs. Zerodha charges a fee of only 0.01% or a maximum Rs. 20 per executed order irrespective of the size of the order.