- Full Service Brokerage: These are expensive for traders as they charge brokerage as a percentage of the Transaction size. They may offer advisory services. Their brokerage rates differ for the type of trading done i.e. Intraday or Positional & these charges can eat up a substantial chunk of Capital & profits of the Traders.
- Flat Fee Brokers or Discount Brokers: Discount brokers are primarily online brokerages - a relatively new concept in India, these Brokers offer a value proposition for traders as they charge a low fixed fee per trade, regardless of trade size or style.
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