I see that Blinx, shoonya, m stock are 0 brokerage brokers where blink don’t charges anything they have subscription plan while subscribe their plans for e.g. 6M validity some amount needs to be paid & u get free brokerage trades.
Similarly I seen ABSL brokerage same they 2 types of subscription plans where 1st plant has no charges only ₹20 per brokerage for trades in all segments, + other things like call & trade free research reports of ABML analyst & non ABML analyst are free of cost.
M stock has similar plan like Blinx but don’t provide any researchch report, their platforms & other stuff are like old things going on.
Discount brokers like zerodha, samco, HDFC Sky has similar charges, difference is DEMAT AMC for zerodha & HDFC sky is 300, samco has 400. SKY offers free research reports, not sure of samco.
Zerodha offers free equity delivery while other 2 hdfc & samco charges 0.05% or ₹20 whichever is less
Anybody has tried & used these brokers – Sky, SAMCO, Blinkx, ABSL. How was your experience?
So what are your views on Such brokers especially 0 brokerage brokers & brokers who have subscription charges with less brokerage charges for a validity period if subscribed to their plan?
And if anybody wants to open an account likely who wants 0 brokerage then which one should they decide – blink, ABSL, hdfc sky like such brokers. Especially for beginners to 1 YOE in market.
My experience is…
Jo sasta hai, service unki khasta hai.