In the last few decades, the cost of living has significantly increased. For a common man, it is challenging to meet routine expenses with a regular source of income also. Therefore it is essential for an individual to find new options for earnings. However, it is not that easy also as from job, one cannot get that much amount, and for business, one needs to have the right amount to invest.
Only the share market is an option where one can find good income with low investment and at moderate risk. It depends on one’s knowledge, skills and capacity to trade in bulk. Those who want to make money in the share market it is necessary to see they go for bulk trading.
In the intraday segment of the share market, one can earn well regularly, but one needs to take care of the brokerage amount. It is the charge by the broker as per the decided terms between the client and broker.
In the share market, one can find two types of brokers. They are full-service brokers and discount brokers. For a client for one or two trades in a day, it does not matter if he goes for a full-service broker where the rate of brokerage is high. However, for a trader who deals with bulk trading, it is better to go for discount brokers. The
discount brokers in India, offer only trading services which can help the bulk traders to carry out the trades at a nominal brokerage. They can save a good amount on their brokerage expenses, and the same can be reinvested in the market to fetch more profit. It helps the client as well as the broker as the volume of trading increases and the same way the brokerage also increases.
The difference between the discount broker and full-service broker
A full-service broker offers services that include investing, research and trading. The discount broker does not provide any service other than the trading services. The most important thing here is the rate of the brokerage with the discount broker is very low compared to the full-service broker. Hence he proves very much helpful to the traders deal in volume. They are not concerned with other services such as investment and research. For them, trading is the most critical aspect of their business. Hence they prefer to have services from a discount broker. In discount brokers also there are two categories. They offer online as well as offline services. In the offline service, they also support the client for trading while in online service, the client has to trade himself. Nowadays, with the help of internet and smartphone, it is easy for the bulk traders also to place an order using a website or application. Hence for a bulk trader, it is easy to carry out trading also even if he is travelling aur attending a function. The discount brokers prove Very much useful to every trader who wants to make a profit in intraday segment regularly.