When you invest in the Stock market, you expect good returns. It is important to engage a competent and experienced broker for best returns on your investments.

The first step of selecting the right broker starts from doing homework on your personal investing style. Choosing an Indian stockbroker, you will need to ask yourself this question. If you consider yourself a day trader you will need to invest within a small time duration that can be as short as a few minutes and as long as a few hours. As a day trader, you will want to seek out a broker who will offer a flat fee on transactions or offer lower fees.

There are different kinds of fees associated with working with a broker. There are account opening fees, transaction fees, maintenance fees, etc. Look for low transaction fees if you trade more often, and low maintenance fee if you hold stock for a longer duration.
Recently, I got the opportunity to hear the experience of brokers from the horse’s mouth, when I was invited as a guest at the Indiabulls Venture’s EkShubhMilaap Event.
The gala event was held at Indiabulls Finance Center, Mumbai.  It was a pleasure to be part of such a fantastic knowledge pool comprising of a few of the leading names from this sector. I must express my gratitude and congratulate India Bulls for organizing this event of great success.

Indiabulls Ventures Ltd. is a leading broker in India offering equity, derivatives, commodity, and currency trading with over 900+ direct sales teams across 18+ cities. It is assigned BQ-1 grading by CRISIL (highest broker quality grading in the market). IVL, a pioneer in Indian online trading has launched its discount broking segment with its trading platform – Indiabulls Shubh. It is a mobile App designed for a growing number of tech-savvy customers who feel comfortable trading online. IVL will offer the country’s first unlimited trading platform with ‘Subscription based’ monthly pricing options. it gives the customers a choice of plans that suit their broking needs.  Starting at INR 1000 and offering unlimited trading along with:
– Zero Brokerage on Equity
– Zero Brokerage on F&O
– Zero Interest on Margin Funding Facility
The new subscription plans have been designed for today’s modern trader who needs greater flexibility, convenience and value for their money.  Shubh subscription plans which offer Zero brokerage and Zero interest on margin funding facility in equity, futures & options and currency segment will change the way our country India trades. These plans are simple and transparent. Traders can trade unlimited without worrying about the brokerage on each trade. Please go through the below- mentioned chart for the pricing and product offerings.

Shubh Mobile App, One-click trade execution, advanced charts & market research, monitoring of investments in real-time, trade anytime from anywhere at your own convenience, etc. are the key features, which I liked the most. As per the company, there are no hidden charges and all the charges incurred while transactions will be specifically mentioned. An easy linking facility with your existing DMAT Account is also available. Online money transfer and withdrawal are also fast, free and easy.

Take advantage of promotional Plan, Don’t miss it

As an introductory offer, the company has announced free trading for the first 30 days with no subscription charges for new customers. Customers can open their Demat/Trading Account online using the Indiabulls Shubh platform in a few minutes and customers will receive huge brokerage saving on renewing the subscription plans every month. This is a win-win product for both new and seasoned traders. To open an account register on the website: https://www.indiabullsventures.com or download the App: https://go.onelink.me/7ar7/95ff5cd9.

Bottom line

There are a number of factors to consider when picking your first broker. Your first broker won't necessarily be your broker for life. Your life will change, and your needs as an investor/trader may change along with it. But you have a much better chance of making money as an investor if you put in the time it takes to choose the right broker to start with. Personally, I have also switched brokers. Once you start working with someone, remember if you are not happy you can always make a change. Now as I understand, IndiaBull’s App, SHUBH can disrupt the market on at least two counts which are:
a)      Unlimited trading at a fixed cost.
b)      Call and Trade at no cost.
c)      No transaction fees for the transfer of funds from trading to the savings account.
One thing I found missing is commodity trading and I believe, they will launch soon.

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