Discount Broking Firm

Tradedeal is a discount broking firm who provide service to its clients, buy and sell stocks, commodities, currency at a minimum brokerage as compared to a full-service broker, but he does not provide investment advice to its customers.

Benefits of  Discount Broking Firm

Counsel and recommendations based on solid research:
Every discount broking firm uses financial professionals to research the markets and analyze the results. After all, their goal is to keep you as a client, and the best way to do that is by helping you meet your financial goals.

An ongoing relationship:
Many people end up staying with their brokerage firm because of the trust they have built with their broker. Nothing beats a one-on-one dialogue when it comes to choosing among the many investment opportunities that are available.

A reputation for integrity:
Over the past few years, there have been problems in the investment world with unscrupulous financial managers who were putting their own interests ahead of their clients. By signing with an investment firm that has a solid reputation in the financial world, you can look forward to receiving the highest standards of personal and professional ethics.

Discount Broking Firm

Discount Broking Firm in Gujarat

Changing the way one deal is a tough ask as it takes a lot of effort, a change in the mind-set and the outlook. Well, if the change brings something positive then why not?? For the logical minds, here are a few reasons as to why one should choose discount broking houses over traditional full-service broking houses.

Brokerage charged in a discount broking firm is 95-98% less as compared to that of the full-service firm.

Typically, a full-service broker charges a minimum brokerage irrespective of the trade size. Discount brokers charge no minimum brokerage; thus aiding to the “save money, invest money” policy.

Trading is done using the trading terminals usually attract some charges/fees that would be paid from the client’s end. Discount brokers charge no software charges; making it easy, convenient and cheap.

Tradedeal is a discount broking firm, there are sales people who are given set targets for the month. Under such circumstance, the sales people might try to manipulate and get a trade done by you to complete their targets. At TradeDeal, we have no sales people hence no sales target which ensures that our representatives won’t try to deceive or manipulate you into making a trade that you don’t want to make.

Due to a huge rush of traders trying to get their trades done, at times calls don’t go through and the client might miss a valuable trading opportunity. With discount broking firm, as the user has the facility to make a trade via an application or by using the web there are no missed opportunities and no regrets; Total control in your hands.

At times, the brokers make unauthorised use of the trader’s account for trading. As the client is given the full control of the operations, there are no unauthorised transactions in the discount broking circle.


Be Analytical, Be Safe and Happy Investing!

Discount Broking Firm

                

                 Discount Broking Firm

The beginning of the 21st century witnessed a revolution in the way life was lived, work was done, businesses were carried out and a lot more. The revolution was caused by a ground breaking invention; we so dearly know it as the “INTERNET”. It connected everything with everything, changed the way we interacted, the way we worked, the way things were done and everything else including the way trade was done. The change in the trading market gave way to a totally new concept of broking i.e. “Discount Broking”. Discount broking basically works on the concept of low-cost leadership and targets those individuals who are looking to minimize their brokerage cost with added facilities of convenience and control. The concept has been a massive success and has been well-accepted by the traders.

 

Discount broking firm, being a new concept is covered with a lot of myths and skeptics do try to stay away from it owing to the rumors that are going around the market. Well, every good thing in this world has initially faced criticism and the same has happened to the concept of discount broking. This article focuses on busting the myths and giving the traders an honest view of the discount broking services. These myths are:

 

TrustworthyTrustworthiness: Discount broking firms are as trustworthy as the full-service brokers. They are registered with the stock exchanges and work according to the norms of SEBI.

 

Customer Service: There is a belief that as they deal in low-profit margins, they would be compromising on areas such as “Customer service”. Well, it should be noted that discount brokers provide excellent customer service; in fact, at times they are better than the full-service brokers.

 

Lack in good services due to low-profit margins: It is a fact that discount brokers work on skinny margins as compared to the full-service brokers but that doesn’t make them compromise on the service quality. The reason why they can afford working at such a low margin is their ability to remove cost centres and divide the benefits between them and the customers. As the operations are completely online, their operational cost is low.

 

Services being offered: Discount brokers offer trading services in currency derivative, commodity and stock segments across all the popular stock exchanges.

 

Hidden fees: unlike full-service firms, the discount brokers charge no minimum brokerage or hidden fees. They hold the title of the most transparent broking type. All the software provided are free of cost including the mobile Apps, website and the trading terminal. They have no Annual maintenance cost (AMC). They provide brokerage calculators and research tools that can be made use of for free. They do charge for Call and trade facility to discourage customers to use it.

 

Automated trading: As the broking type has emerged from the internet revolution, it provides semi-automatic /automatic trading facility where trade can be made with ease and at a lower brokerage.

 

Number of customers: The trend is changing and it is quite visible. Over the past 3 years, more than 3 lakh customers have moved to discount brokers from the traditional full-service broking firms. As it offers the lowest brokerage, it’s possible for the clients to trade frequently with shorter break-even point to make profits and thus has more active clients as compared to the full-service broking firms.

 

Initially, discount broking concept was considered “too good to be true” but it has proved to be of real value and has benefited the customers immensely. It has taken the broking industry by storm by its cutting-edge technology and superior customer service. It won’t be a surprise if we see the discount broking firms overtake the traditional competitors as they have a lot of potentials.

 A sky is a limit!

 

Be Analytical, Be Safe and Happy Investing!

Discount Broking Firm

Premium Research Calls

Tradedeal provides you accurate tips related to the stock and share market with great accuracy percentile. Our expert teams works dedicatedly in order to make intense researches and then give you Premium research calls to stock traders in NSE and BSE ensuring your profit. Premium Research Calls Services Include Precise Refined Services in cash/ future/ option/ mcx all Niche

Discount Broking Firm

IPO/OFS/Bonds

Tradedeal is discount broker offering the lowest, cheapest brokerage rates in IPO/OFS/Bonds. Tradedeal offer option trading, commodity brokerage, futures trading, brokerage services in India. Where possible the Tradedeal IPO/OFS/Bonds service will attempt to cover every IPO, share offer and bond launch available to retail investors. However due to the size and specialist nature of certain IPOs, share offers and bond launches, it is not always possible. For IPOs not available via our IPO service, but where we can still apply on behalf of clients, we will make them available on a 'telephone only' basis, extra costs may apply. If an IPO is not available to private investors, we will not be able to apply online or by telephone.

Discount Broking Firm

Free Research Calls

Tradedeal is a trading platform which provides you with Live streaming quotes &  Free Research Calls, integrated fund transfer system along with multiple watch list facility. Power-packed with new features, Tradedeal   gives you the power to identify market opportunities while enjoying the attractive new look and feel of the free research calls.

Discount Broking Firm

Free Brokerage In OFS

Tradedeal is discount broker offering the lowest, free brokerage in OFS. We offer option trading, commodity brokerage, futures trading, brokerage services in India. OFS, introduced by the Securities and Exchange Board of India, or Sebi, in February 2012, helps promoters of listed companies dilute stake through an exchange platform. The promoters are the sellers. The bidders can include market participants such as individuals, companies, qualified institutional buyers and foreign institutional investors. The facility is available on the Bombay Stock Exchange and the National Stock Exchange (NSE).

Free Brokerage In OFS Advantage
First, there is no need to fill the application form as the system is platform-based. Also, shares are allotted on a T+1 basis, that is, one day after the order is placed. In case of no allotment, the money is refunded the same day. The process is more transparent than that for initial public offers (IPO) as the system runs on a real-time basis. "Also, an investor can put multiple bids above the floor price set by the company, unlike in IPOs, where the bid price cannot be more than one.