Unlimited Trading Plans for Fixed Monthly Charges

Make no mistake, trading is a an art and also no different than running a business. You can not survive in the brutal stock market until you keep your expenses at a check. And without doubt brokerage paid is one of the major expenses incurred by Indian traders today. So in this regard, it is beneficial to explore the various options like trading with stock brokers who provide Zero Brokerage Unlimited Trading account for fixed monthly charges. It allows to pre-budget your recurring expenses and concentrate on the trading instead of worrying on the commissions.

  Stock Brokers offering Zero Brokerage Unlimited Trading Account

zero-brokerage-unlimited-trading-plans

Just few years back, there was no concept of fixed brokerage unlimited trading plans when the brokerage industry had only one type of brokers called Full Service Brokers. These stock brokers charged a certain percentage of the total traded value as the brokerage in the range of 0.01% to 0.1%. Everything was depended upon how hard the trader negotiate with the broker and in most of the cases he/she had to deposit certain advance amount to avail the lower brokerage charges.

Post year 2010, with the advent of discount brokers, the brokerage scene has completely changed and Indian traders have immensely benefited from it. we have written a detailed article about the leading discount brokers in India.

Read : Details of 10 leading discount Stock Brokers of India to lower your expenses

Purpose of this article is to present the readers with the list of stock brokers who offer unlimited trading-fixed brokerage plans. It also brings down details of the offers being provided by these brokers.

 SAS Online

SAS Online equity broker was incorporated in 1995, but started its discount brokerage operation in 2013 with headquarter at NewDelhi.  Unlimited trading plans of SAS Online is structured based on the market segment. Below is the details of the segments and the fixed brokerage amount for each segment

  • Unlimited trading in Currency Segment  :  Rs 499
  • Unlimited trading in Commodities (MCX) Segment  :  Rs 999
  • Unlimited trading in NSE & BSE Cash and NSE Future and Options Segment  :  Rs 999

sasonline-unlimited-trading

SAS Online also has the pay per order plan in which Rs 9 will be charged per executed order. We have written a detailed review about SASOnline which be read in the post below

SAS Online Review : Information about SAS Online Brokerage Charges 

Offer Details: At present SASOnline is Waiving off the Rs 200 Account opening fee. 

open SAS Online Trading account

 TradePlus Online

Tradeplus Online share broker based out of Chennai is the new revamped online brand of Navia Markets Ltd. and Navia Commodities Broker Pvt. Ltd. Navia markets has been in the industry since 1983 and through Tradeplus, they are offering discount brokerage services. TradePlusOnline is the first broker in to offer PayTM integration for their Value added Services. Below is the details of the segments and the fixed brokerage amount for unlimited trading in each segment offered by TradePlus

  • Unlimited trading in Currency Segment  :  Rs 99
  • Unlimited trading in Commodities (MCX) Segment  :  Rs 99
  • Unlimited trading in Equity Options segment :  Rs 99
  • Unlimited trading Equity Futures Segment  :  Rs 799

tradeplusonline-fixed-monthly-plans

Trade Smart Online Online Review : Information about TradeSmartOnline Brokerage Charges 

Offer Details: At present TradePlus is offering Free Account opening, 1 month free charting software (worth Rs 499) and PayTM cashback offer up to 40%

 TradeSmartOnline

Trade Smart Online is subsidiary of VNS Finance & Capital Services Ltd. VNS is a traditional brokerage company incorporated in 1994 which has good track record in Indian Share Market. Below is the details of the segments and the fixed brokerage amount for unlimited trading in each segment offered by TradeSmartOnline

  • Unlimited trading in Currency Segment  :  Rs 1999
  • Unlimited trading in Commodities (MCX) Segment  :  Rs 3999
  • Unlimited trading in NSE & BSE Cash and NSE Future and Options Segment  :  Rs 3999

zero-brokerage-fixed-charges

TradeSmrtOnline also has the pay per order plan in which Rs 15 will be charged per executed order. We have written a detailed review about TradeSmartOnline which be read in the post below

Trade Smart Online Review : Information about TradeSmartOnline Brokerage Charges 

Offer Details: At present TradeSmartOnline is waiving off 50% account Opening Fee and providing 50% CashBack on whatever Brokerage you generate for First month 

 MyValueTrade

MyValueTrade is Noida based subsidiary of Master Trust Group incorporated in 1985. It started the discount brokerage service in August 2014. Because of its large client base, it is able to exceed the turnover of more than 4500+ Crores per day. Below is the details of the segments and the fixed brokerage amount for unlimited trading in each segment offered by MyValueTrade

  • Unlimited trading across all segments  :  Rs 1,000/month
  • Unlimited trading across all segments  :  Rs 10,000/Year

myvaluetrade-plans-unlimited-trading

MyValueTrade also has the pay per order plan in which Rs 10 will be charged per executed order. We have written a detailed review about MyValueTrade which be read in the post below

MyValueTrade Review : Information about MyValueTrade Brokerage Charges 

Offer Details: At present MyValueTrade is offering discount of Rs 200 on account opening fee of Rs 555


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 Conclusion

Fixed Monthly Brokerage – unlimited trading plans are win-win situations for both traders and the brokers, as brokers can have predictable revenues and traders can budget their bills. These unlimited trading plans with zero brokerage per trade are most suitable for high frequency traders (day traders) rather than swing traders. So check and analyse your last few month’s brokerage report to see whether it make sense to go for the unlimited trading plan or a Flat fee plan.

 

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