The share market offers the opportunity of trading to every interested trader. The only condition here is one needs to know when to buy the shares of which company and when to sell them. The simple calculation here is one needs to buy the shares a low rate and sell them as soon as the rates are increased. Hence it can help one earn good profit in each trade. However, here one must note that only profit is or loss is not a part of the trade. There is also something else which is called brokerage.
The brokerage is income to a broker but charge to a trader. In the case of loss also the brokerage has to be paid to the broker which increases the loss of the client. To have quality services one needs to get the trading,anda demat account opened with any of the best stock brokers in India. However, the brokerage rate is not fixed in the market and hence every broker charges as per own will. Those traders who trade on a regular basis and have a large volume, it is important to get this charge at the lowest to increase the profit to a good level. Being the main source of his revenue no broker prefers to offer any discount in brokerage. However, there are tips and techniques for getting low brokerage from the brokers,but one needs to make a little effort for the same.
How to get the best brokerage rate?
There are numerous brokers in the market,and nowadays one can either call their customer care or go through the website also to know the standard brokerage charged by the concerned broker. Here are a few things one can try to get the lowest rate of brokerage from the broker.
In short, one can say that various factors affect the thought process of a broker while offering the discount in brokerage to the client.