Discount Broker Comparison

[headstrong007]

No of active clients as of 31-MAR-2018

Zerodha 540905
RKSV 43889
Samco 29595
TSO 19469
SAS 11869
Wisdom(Ashlar) 3607
Prostock 2393
Finvasia 1998
Fyers 1827

I got little different data. Probably updated list.
Wisdom 3969
Finvasia 2393
Fyers 2369

Good news is that all above are increasing clients.

Source:-
http://www.adigitalblogger.com/trading/active-clients-of-stock-brokers/

 

[pannet1]

No of active clients as of 31-MAR-2018

Zerodha 540905
RKSV 43889
Samco 29595
TSO 19469
SAS 11869
Wisdom(Ashlar) 3607
Prostock 2393
Finvasia 1998
Fyers 1827

Love you for your work on brokerage. Thanks bpr.

Hot news: Kotak announces FIT (Free intraday trade)

 

[timepass]

Love you for your work on brokerage. Thanks bpr.

Hot news: Kotak announces FIT (Free intraday trade)

Wow !! That deserves big bold lettering

Any idea about the leverage, bracket orders etc ?

 

[LOVEENAJYOTHI]

Wow !! That deserves big bold lettering

Any idea about the leverage, bracket orders etc ?

NOT completely free, 999/ annual fee.
Still worth.

 

[pannet1]

Wow !! That deserves big bold lettering

Any idea about the leverage, bracket orders etc ?

i dont know. its because i have an account with them. they never gave login details for me and i was caught between an irresponsible sub broker and kotak.

i was trading with call and trade through the subbroker. all i know is they do provide leverage for intraday.

however its interesting to note that now banks are jumping into the bandwagon.

 

[Newbie Day-Trader]

i dont know. its because i have an account with them. they never gave login details for me and i was caught between an irresponsible sub broker and kotak.

i was trading with call and trade through the subbroker. all i know is they do provide leverage for intraday.

however its interesting to note that now banks are jumping into the bandwagon.

I don't think they have any other option anymore because the competition is so stiff now in the brokerage-industry, especially after Zerodha has gained so much ground with their low-cost brokerage, & now, there many others out there that it'll be increasingly difficult for these traditional brokers to keep fleecing their customers with their exorbitant costs, so either they'll have to offer competitive brokerage or lose a lot of customers. Good days for us traders...... if only SEBI wasn't such a spoil-sport.

 

[timepass]

Wait till Jio gets into discount brokerage business

 

[jklaaki]

Wait till Jio gets into discount brokerage business

Good one

 

[jagankris]

Wow !! That deserves big bold lettering

Any idea about the leverage, bracket orders etc ?

What does this mean ?
Nominal brokerage of just 1 paisa per scrip will be levied on your trade that will substantially reduce your cost of trading.

 

[augubhai]

They will charge 1 paise in your contract note for every scrip that you trade.

Not sure about the reason for this, but even other brokers that provide a monthly plan charge a minimum of 1 paise on the contract note. I am old customer of Upstox, so I still have their Rs.1947 monthly plan. On the first contact note for the month, they charge me Rs,1946 as brokerage, and then 1 paise brokerage for every subsequent contract note during the month.