Facts and reality of best discount broker
Posted: Sep 28, 2018
With best discount broker, you have no push by support team for selection of stocks. You get the chance to implement trading tactics on your own unlike traditional brokers. Many traders are not willing to anticipate trading by paying high brokerages. Even they do not need to do so, If already there are ample ways for stock market education. The related content is already available online. What is the need to pay such high charges as in case of full service brokers? The fact about the perfect discount broker India that it offers the free trading too is 95% true. Most of the discount brokers in India asserted to have resemblance of such plans. However not all brokers are true in their statements. On moving forward with such brokers, clients are found complaining about the hidden charges applied by some unfit discount brokers. However, Wisdom Capital is the only discount stock broker that offers the zero brokerage trading opportunity that lies under its freedom plan of brokerage.
Before getting into the heart of the matter we want to highlight some real facts of the stock market. Every time the profit is not guaranteed. It all depends upon your understanding of the market. Therefore traders are recommended to choose brokerage plans similar to freedom plan in the beginning. Whilst you choose the best discount broker, the other factors like trading tools, customer based service should also be taken into account. The more you get into the stocks you come to know the reality that market behaves differently every now and then. You need to have the patience to practice the right strategy at the right time. When we talk about facts verses reality, people think there is no broker which can perfectly behave parallel to client’s trading insights. Still similar traits are expected in some emerging discount brokers. The proclaimed fact can also be flipped in direct relation to the market behavior.
Account opening does not cost much with the leading discount brokers in India. The margin requirements of the clients are also fulfilled by the current online discount brokers. Still the tag of the best discount broker is for the broker having great customer based services also along with high leverage and lowest brokerage facilities. The brokers must clean up their conflicts. They owe it to their customers to behave as per their advertisements.
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