How to Select a Right Brokerage Firm?

Here we discuss about stocks and we should buy them or not.
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niveza
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How to Select a Right Brokerage Firm?

Post by niveza » Mon Oct 23, 2017 5:25 pm

The first step of your equity investment is to open your demat account. The demat accounts service is provided by banks e.g. ICICI, SBI etc. and also by independent brokerage firms e.g ShareKhan, Angel Broking, etc. The charges for providing the service of buying and selling stocks is called brokerage. In India, the brokerage is a little-complicated subject. Along with the standard brokerages, there are other taxes and cesses which tag along. Some firms charge their clients on the number of shares bought some charge certain percent of the total amount of the trade. The common belief is that the brokerage in India is very expensive. In this article, we will try to address the important issues about brokerage and brokerage firms in India and also shed some light on the emergence and popularity of the discount brokerages and whether it is a good idea to go for discount brokerages.

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