cheapest broker and services

i am NEW to the market, who are the cheapest brokers in Bangalore and who are best services provider.

as far as i knw rk global...is the cheapest.but comes with software charges(monthly) for each segment(equity,fno,commodity..etc.

Can some one please let me know about http://www.inditrade.com/ as its giving me good brokerage offer....I haven't open my a/c yet, First like to know some info about comp then only can go furtheer......

http://www.zerodha.com/
is new and cheapest, they from BLR. Next is RKG.
But mind you cheapest does not mean, huge profits. There are two type of brokers, one who provide services like tips, research report reports, analysis, better trading software, customer training etc. They don't charge anything for these services, they add all cost in brokerage and so the brokerage is high.
Vanilla brokers like Zerodha, RKG gives no services except trading terminal.
If you have own ability to make calls what to buy and sell at what time then Vanilla brokers are best for you. If you don't understand that, then please do attend some proper training from BSE training institute, NSE -Manipal courses.
Remember only 2% people make money here, rest all make losses.

Try Bajaj capital's Justtrade

They have a scheme for Stocks/Equity called Justtrade Lite Gold, wherein u can avail "0" brokerage by paying Rs 7000 in advance annually...we just pay taxes alone, no brokerage at all

in case of F&O, we need to pay 0.01% under the same scheme

hope this helps

It is run by JRG supposed to be a big player in commodity trading. You can try it out.
ps. What the offer? ;-)

I have accounts with over eight brokerages and it's not because I want to have so many accounts. It's because the business is such. Customers are looking for profits in the markets and brokers are looking for customers. Every time a customer loses to the market, he tries to find what went wrong. And the easiest thing to change is the broker, not ourselves.
Having said that, I believe a low-cost broker makes a world of difference to our trading income. A low-cost broker is best for independent traders. A full-service broker is good for retail investors, however, one thing I can guarantee you is that NOBODY can guarantee you returns.

That is correct. Its much easier to change brokers. yet it amazing still how high brokerages can be. Perhaps you trade equities,futures and options as and when you feel the risk reward is right. Reducing the breakeven reduces the risk so our stop losses can be appropriate. At the highest level it would take nifty breakeven 10 points, nifty options 5 points. It is quite a lot.

Brokers impose all manner of restrictions from a limited set of intraday scripts to a wide divergence in margins, haircuts and delivery charges.