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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.

TradingBells Discount Broking Services

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.

 

Discount Broker Vs Full-service Broker In India

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.

 

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FAQs

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?

TradingBells 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.

 

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Issued in the interest of investors: Prevent Unauthorised transactions in your trading and Demat account. Update your mobile numbers/email IDs with Tradingbells. Receive alerts and information of all debit and other important transactions in your trading and Demat account directly from Exchange/Depository on your mobile/email at the end of the day. KYC is a onetime exercise while dealing in securities markets. Once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries of refund as money remains in investor's account.

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