There are news that RTRADE, arm of Reliance Money is coming up with great offers in retail broking. It could be offering broking @ 1/3rd the price of best offers today. Also the cuts in broking by various houses is in anticipation of RTRADE.
Is 'broking charges' the only criteria for selecting a Broker. Broking charges may be less & you may get lured to take overleveraged trades just because the charges are less. But end of the day the "Risk" of market exposure is to borne by the Investor / Trader. Now it has all come to volume game, broking houses want more volumes as the brokerage has gone down.
Today's PAN India brokers, hardly provide the right advice. All they are worried about is the turnover you give @ EOD.
Personally I would stick with a broker who perhaps may charge me a little more but give me the right insights of the markets. When to Buy, Sell & Hold is far more important to me than just 'less brokerage'.
I would like all active traders & investors to participate in this debate.....
Is 'broking charges' the only criteria for selecting a Broker. Broking charges may be less & you may get lured to take overleveraged trades just because the charges are less. But end of the day the "Risk" of market exposure is to borne by the Investor / Trader. Now it has all come to volume game, broking houses want more volumes as the brokerage has gone down.
Today's PAN India brokers, hardly provide the right advice. All they are worried about is the turnover you give @ EOD.
Personally I would stick with a broker who perhaps may charge me a little more but give me the right insights of the markets. When to Buy, Sell & Hold is far more important to me than just 'less brokerage'.
I would like all active traders & investors to participate in this debate.....