New Discount Brokers - Share.market by PhonePe & Sky by HDFC

SOME IMPORTANT CHARGES:

HDFC Sky :

• Delivery Order : ₹20 or 0.1% (Whichever is Lower)

• Intraday Order : ₹20 or 0.1% (Whichever is Lower)
• Account Opening Charges : Free
• Demat AMC : ₹20 / Month (Free for first year)

Share.Market by Phonepe :

• Equity Intraday : ₹20 per executed order or 0.05% whichever is lower
• Equity Delivery : ₹20 per executed order or 0.05% whichever is lower
• Account Opening Charges : 199 inclusive of GST (non refundable)
  
• AMC : First Year Nil , Second Year Onwards ₹15 per month charged quarterly in advance

 I personally use finvasia for options ..zero brokerage 

Indie by indusind

Duck by Zainam

Espresso by sharekhan 

Bahut lamba list hai. Aur interesting nai hai 

i hv been using zerodha for the last 7 years. Also tried fyers, groww, angelone and edelweiss. Ask me anything.

bikidas2060 wrote:

Indie by indusind

Duck by Zainam

kaun hain yeh log

Angelone is the best 

SuperSubrata wrote:

Angelone is the best 

I don't think so. I use AngelOne too for SIP in stocks. However, it fails to execute an off-market order. It just discards the order. On the other hand, Groww places such an order on the following session at 9:15am correctly. Groww lacks in SIP for stocks. So, keeping with AngelOne for now.

garamjalebi wrote:

 I personally use finvasia for options ..zero brokerage 

Does it work during volatile times / expiry time? Do they offer API?

Phonepe is entering into every segment now

kartikxxx wrote:

Phonepe is entering into every segment now

This is the revenge of phonepe.

Every TomDickHarry entered UPI, so phonepe trying to be Tom Dick and Harry all at the same time.

garamjalebi wrote:

 I personally use finvasia for options ..zero brokerage 

Im also finvasia..zero brokerage on all products ..saving money always..we can exit with small scalping profits with this no brokerage option.

netshopper wrote:
Does it work during volatile times / expiry time? Do they offer API?

Yes

Only if HDFC could put in the same effort to improve their UI & UX.

kartikxxx wrote:

Phonepe is entering into every segment now

I want them to fail badly.

cveldandi wrote:

Im also finvasia..zero brokerage on all products ..saving money always..we can exit with small scalping profits with this no brokerage option.

How can it be zero brokerage? They must be charging higher fees %ages than others in that case.

Have you compared them with others?

M STOCK & DHAN is best in all segments

amdoinggood123 wrote:

kaun hain yeh log

New players 

jingalala wrote:

How can it be zero brokerage? They must be charging higher fees %ages than others in that case.

Have you compared them with others?

I too was surpised initially on zero brokerage.was spectical and tried it. Yes..compared with other brokers..its simply 'zero brokerage'.



Shoonya for
Beginners
Shoonya is the ultimate stock market playground if you are new to trading or just looking for a platform that caters to your beginner needs.

• Lifetime Zero-Brokerage
• User-Friendly Interface
• Zero AC Opening Charges
• Multi-Asset Platform

Shoonya for
Long-Term Investors
Make long-term investments to reduce your risk from market fluctuations. Our advanced features include the following:

• After Market Orders
• SIP in Stocks and ETFs
• Instant Price Alert
• 3000+ Direct Mutual Funds
• GTT Orders
• eDIS facility

Shoonya for
Advanced Traders
Unlock your trading potential with Shoonya's advanced tools and features for Stocks, Futures & Options, Commodities & Currencies.

• Trailing Stop loss
• Trade from Option Chain
• TradingView Charts
• Pledging & Unpledging of shares
• Order Slicing
• Basket / Bulk Order
• Cover Order
• Bracket order

cveldandi wrote:
I too was surpised initially on zero brokerage.was spectical and tried it. Yes..compared with other brokers..its simply 'zero brokerage'.



Shoonya for
Beginners
Shoonya is the ultimate stock market playground if you are new to trading or just looking for a platform that caters to your beginner needs.

• Lifetime Zero-Brokerage
• User-Friendly Interface
• Zero AC Opening Charges
• Multi-Asset Platform

Shoonya for
Long-Term Investors
Make long-term investments to reduce your risk from market fluctuations. Our advanced features include the following:

• After Market Orders
• SIP in Stocks and ETFs
• Instant Price Alert
• 3000+ Direct Mutual Funds
• GTT Orders
• eDIS facility

Shoonya for
Advanced Traders
Unlock your trading potential with Shoonya's advanced tools and features for Stocks, Futures & Options, Commodities & Currencies.

• Trailing Stop loss
• Trade from Option Chain
• TradingView Charts
• Pledging & Unpledging of shares
• Order Slicing
• Basket / Bulk Order
• Cover Order
• Bracket order

If any interested in opening finvasia account and if  need referral can ping me (even you open self also fine

Only mstock is cheap but ui is bad.

Neversaynever wrote:

This is the revenge of phonepe.

Every TomDickHarry entered UPI, so phonepe trying to be Tom Dick and Harry all at the same time.

Whit this dick is doing between Tom and Herry?

Neversaynever wrote:

Sorry network error

kartikxxx wrote:

Phonepe is entering into every segment now

This is gonna to be a big fail

Watcher wrote:

SOME IMPORTANT CHARGES:

HDFC Sky :

• Delivery Order : ₹20 or 0.1% (Whichever is Lower)

• Intraday Order : ₹20 or 0.1% (Whichever is Lower)
• Account Opening Charges : Free
• Demat AMC : ₹20 / Month (Free for first year)

Share.Market by Phonepe :

• Equity Intraday : ₹20 per executed order or 0.05% whichever is lower
• Equity Delivery : ₹20 per executed order or 0.05% whichever is lower
• Account Opening Charges : 199 inclusive of GST (non refundable)
  
• AMC : First Year Nil , Second Year Onwards ₹15 per month charged quarterly in advance

Thanks for taking the time and listing charges, there are better options available with other discount brokers. 

if only equity investing, dhan is good.

if options/futures trading, finvasia is good.

I have an old account in zerodha, not using anymore, my balance is negative as he charges annual amc and even takes interest on it if we dont pay.

Rule of thumb when selecting discount broker 

AMC should be 0

Account Opening Fees should be 0

Equity Delivery should be 0

nihaln wrote:

Thanks for taking the time and listing charges, there are better options available with other discount brokers. 

if only equity investing, dhan is good.

if options/futures trading, finvasia is good.

I have an old account in zerodha, not using anymore, my balance is negative as he charges annual amc and even takes interest on it if we dont pay.

Rule of thumb when selecting discount broker 

AMC should be 0

Account Opening Fees should be 0

Equity Delivery should be 0

Yes dhan is very good zero brokerage

Zerodha is the most shroud one of all I know. They charge double brokerage in the name of negative margin. And I noticed nobody mentioned about call a nd trade charges that they charge when they do square off your intra day or mtm short  position.

vishhh wrote:

Zerodha is the most shroud one of all I know. They charge double brokerage in the name of negative margin. And I noticed nobody mentioned about call a nd trade charges that they charge when they do square off your intra day or mtm short  position.

So you are planning to ditch Zerodha?

If yes please let me know which one you are considering n why.

Please ping me if someone needs DHAN referral