Which brokerage firm is best for Indian stock market?

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As we know that there are three types of brokers.

1:) Bank broker
2:) Full-service broker
3:) Discount broker

Now what are all these?

1. bank brokers = HDFC, ICICI, Kotak and etc.
2. Full-service broker = Sharekhan, Motilal Oswal, IIFL and etc.
3. Discount broker = Zerodha, Upsox and etc.

If we wanna open a Demat account then we should see some things.

Which all things that we should see if we want to open a Demat account.

So, now we will talk about four things

1. Safety
2. Brokerage
3. user interface
4. features and functions

Now we'll talk about all these things one by one.

1:) Safety:- As we know if we want to open a Demat account then the first question that comes to our mind is safety, So how safe these kinda brokers are.

a:) Bank broker:- HIGH.

b:) Full-service broker:- HIGH.

c:) Discount broker:- HIGH.

so safety is the topic which all kind of brokers provide high. because it's all about their reputation

2:) Brokerage:- Now we talk about brokerage.

a:) Bank broker:- So brokerage charges of bank brokers are so "HIGH". there is no sense that why should we give them so much charges.

b:) Full-service broker:- The brokerage charges of full-service brokers are high but not so much high. the brokerage of full-service brokers is not as high as banks.

c:) Discount broker:- The brokerage of discount brokers is very low, And if you want to invest your money in shares then they won't charge anything, and if you want to do intraday trading then they'll ask for some fixed charges.

3:) User interface:- So the user interface is the thing that we all might be think about it.

a:) Bank broker:- The user interface of bank brokers isn't too good.

b:) Full-service broker:- the user interface of Full-service brokers is okay but not so beautiful.

c:) Discount broker:- The user interface of discount brokers is exquisite. they have new things and a beautiful user interface.

4:) Features and functions:- features and functions is the thing which helps us to do trading and investing in an easy way.

a:) Bank broker:- Bank brokers provide you three in one account like that they provide you bank account, demat account and trading account. And they provide you phone call trading which means If you're busy in some work then you can call them and book your trade.

b:) Full-service broker:- Full-service brokers provide you tips which means which share you should and buy or sell that is they provide, But according to me you should use your intelligence, your research and your analysis rather than buy or sell stocks just depend on tips. And they also provide you phone call facility.

c:) Discount broker:- Discount brokers provide you many tools that help you to analyze the market like if you wanna learn technical analysis then you could learn with the help of their tools. Even they provide you that you can trade in commodities and currencies.

So basically these are all crucial things, hope that you understood it.

And finally, if you will ask from me then I would recommend and suggest you Discount brokers, like Zerodha and Upstox. Because it's my own experience and I use both. Even Mr. Ratan tata funding in Upstox. And Zerodha is the no. one brokerage firm in India.

And thank you so much for reading my blog and visiting my profile.