Discount brokers in India

Mon, 11 May 2026 00:00:00 +0000

A discount broker in India is a Securities and Exchange Board of India-registered stockbroker that charges a flat fee per executed order rather than a percentage of the transaction value. The flat-fee model, typically set at Rs 20 per order for intraday and derivatives trades, is the defining commercial characteristic that separates discount brokers from traditional full-service brokers, which charge 0.30 to 0.75 per cent of transaction value or more for equity delivery trades. Equity delivery trades (held overnight or longer) are offered at zero brokerage by most leading discount brokers.

Discount Brokers India on WebNotes

Discount brokers in India