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Discount Broker vs Full Service Broker

Investing in the stock market or equities is not possible without a broker who is registered with the regulatory authority and the stock exchanges, or you can say they are the only authorised entity to allowing various platforms for the people to invest in the various financial instruments.

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Discount Broker vs Full Service Broker

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  1. Discount Broker vs Full Service Broker: Difference & Which is Best? Investing in the stock market or equities is not possible without a broker who is registered with the regulatory authority and the stock exchanges, or you can say they are the only authorised entity to allowing various platforms for the people to invest in the various financial instruments. Hence, if you are also looking to invest in equities or enter into the stock market to earn some extra money or create wealth by investing your money into listed companies in India, you also extra money or create wealth by investing your money into listed companies in India, you also need to get in touch with the broker providing the booking services. in the stock market. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs

  2. What is a Discount Broker? A discount broker, which is also known as a low-cost broker, is a type of broker that offers trading services at a much lower cost compared to standard full brokers. They give a no-frills approach to trading, concentrating primarily on trade execution and providing necessary trading tools and platforms. Benefits of Using a Discount Broker A Full Service Broker is like a traditional broker offering a wide range of related services like trading or investing facilities in the stock market, investment trading or investing advisory, research and analysis into various segments like equities, commodities and currencies. A full-service broker is involved in various investment and broking-related services, hence offering well- diversified services to their customers. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs

  3. Difference between Discount Broker and Full Service Broker Basically, the quantity of services between the discount broker and full-service broker is the key difference you can find between these two entities. However, one of the differences between full-service and discount broker is the rate of broking charges, as they both have their own criteria to charge the brokerage like fixed or flat rate on each transaction in percentage of total value. Accessibility of Trading Platforms Accessibility of Trading A discount broker usually offers their broking services through online apps with no offline desk or offices to deal with end customers. While a full-service broker provides the best online trading platform integrated with various unlimited features. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs

  4. Types & Number of Service Offerings Most discount brokers in India offer only the trading platform and some of the tools to add funds, buy and sell stocks or check your demat account through a mobile application. A full-service broker along with the trading facility also offers multiple other services like depository services, portfolio management, wealth management, investment advisory research analysis etc. Representative Offices & Branches Discount brokers don't have multiple branches or representative offices in different parts of the country. They usually have only corporate offices and limited offices as they mostly the country. They usually have only corporate offices and limited offices as they mostly asset their customers either through Chat bots or online customer support services. Discount brokers operate everything through their trading apps you will not find the offline offices or any branches. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs

  5. Difference in the Booking Charges Last but not least, one of the major differences between full-service and discount brokers is that they offer trading services at lower broking charges. Discount brokers usually charge a flat rate or fixed brokerage ranging from Rs 15 to Rs 20 per transaction whether it’s any value or volume. Apart from brokerage, they might ask you to use the platform charges and some of the other charges. However, a full-service broker charges their brokerage on percentage terms on total value instead of per transaction like discount brokers. Hence, their broking charges might be expensive especially if you trade frequently in high volume or using multiple other services of your broker. of your broker. Read More www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs

  6. Contact us: 96382-37000 Mansukh Securities and Finance Limited: SEBI Registration Number-INZ000164537 ( Members- NSE,BSE,MCX, ),IN-DP-72-2015 ( DP-NSDL, CDSL ) Mansukh Stock Brokers Limited : SEBI Registration Number- INZ000164937 ( Members -BSE ), IN-DP-36-2015 Mansukh Commodity Futures Private Limited : SEBI Registration INZ000164937 ( Members -BSE ), IN-DP-36-2015 Mansukh Commodity Futures Private Limited : SEBI Registration Number-INZ000063032 ( Members- NCDEX ) Mansukh IFSC Broking Private Limited : SEBI Registration Number- INZ000099432 (Members- NSE IFSC, INDIA INX)Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances Investments in securities market are subject to marketrisks; read all the related documents carefully before investing. www.moneysukh.com STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION

  7. Related Resources What Is Short Covering In Stock Market & How To Identify Rally? Importance Of Volume In Technical Analysis: Use & Role In Trading What Is Short Selling & How Does It Work: Is It Good Or Bad? Trading or Investing Which is Better and More Profitable? Best Algo Trading Platform and Trading Strategies Best Algo Trading Platform and Trading Strategies Best Intraday Algo Strategy USD INR Options Trading Strategies How to Read, Analyse & Use Candlestick Chart • • • • • • • • • STOCK EQUITY IPO MUTUAL FUND FUTURE & OPTION ETF SGB EVENT TRACKER Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs

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