What is a Discount Brokerage? – Brokerage Charges

In India, traditionally, Brokerage has always been charged as a percentage of the Volume traded by the client. A Discount Broker like Samco however charges a fixed fee per transaction.

What is a discount brokerage?

Discount brokers are plain vanilla execution services brokers charging a flat fee per order or transaction as compared to a traditional full service brokers which charge customers differentially as a percentage of the volume of the transaction. Brokerage rates offered by discount brokers are significantly lower than those of full service brokers leading to the definition of the term - "Discount Brokerage"

To know the complete difference between discount brokers vs full service brokers, check out this link. Compare the brokerage difference between discount brokerages and full service brokerages on the Brokerage calculator.

How can Samco Charge a Fixed Fee Only?

With all types of trading having gone electronic, traders & investors trade from the convenience of their homes. They can login to their accounts, fund their Trading Account via Electronic Transfer of funds and trade online - all at the click of a button. This lets brokers avoid setting up offices or contracting sub-brokers all across the country. Traditional Brokers also end up negotiating brokerage rates with clients based on their volume & the personal relationships they share with the client, margin limits may also be changed ad-hoc! Discount brokers charge the same fees across all clients whether they are a big intraday trader or an investor with a monthly SIP of a few thousand Rupees. At Samco, we are India’s Fastest Growing discount Broker, having helped save our clients Crores of Rupees in Brokerage. And with Samco, you can be assured that Brokerage will never exceed Rs.20 per Order, whether Crores worth of Shares are bought or thousands of lots of Options are sold. And this Brokerage applies to Commodities as well! You can trade from Stocks, Equity & Currency Derivatives or Commodity Derivatives right from one Trading Platform & at the Flat Fee Rate of Rs.20 per Transaction! You can calculate your savings on our Brokerage Savings Calculator.

To open an account with India's leading discount broker Samco Securities, click here. For information on how to open an online trading and demat account, refer this article.

One of the highlights of the new-gen Samco trading app is a unique proprietary engine that thoroughly analyses past trades and trading patterns to generate multiple unseen insights or Andekha Sach. As a trader, you can use these insights to improve your trading performance and profitability.

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