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Rs 20 flat Brokerage Plan in India

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Rs 20 Flat Brokerage Plan in India - Cheapest brokers

Rs 20 brokerage plan is the most popular brokerage plan, especially for high volume traders. In flat brokerage trading, clients are charged with a flat fixed fee irrespective of the amount traded. Check out the top 10 most popular brokers with Rs 20 flat brokerage plans in India.

What is a flat brokerage plan?

In the flat brokerage model, a trader can place an unlimited trade order, regardless of the size or volume of the trade, and your broker charges a fixed fee per trade executed.

Stock brokers can charge a maximum brokerage fee of just Rs 20 on total trades. The Rs 20 brokerage plan applies to trading in all segments such as equities, derivatives, commodities, and currencies. With flat trading fees, traders can save a lot on brokerage fees.

Zerodha is the first broker to allow its clients to trade with a flat brokerage of Rs 20. After that, many other discount brokers like Upstox, 5paisa, etc. have introduced a flat Rs 20 brokerage trading concepts.

There are some new age discount brokers who have the cheapest flat brokerage plans, even lower than Rs 20 brokerage. Prostocks charges just Rs 15/trade brokerage.

In today's era, not only discount brokers but also many full-service brokerage houses allow trading in all segments at a flat fee. Like HDFC Sky charges Rs 20 flat brokerage fee per order across all segments.

If you are looking for the best flat brokerage plans in India, check out the complete list of 10 best stock brokers. The list includes discount brokers and full-service brokers that offers the lowest brokerage trading experience to you.

Rs 20 Flat Brokerage Trading Account Brokers| Lowest Brokerage

Broker Brokerage per order Review Request Callback
ZerodhaRs 20Zerodha ReviewOpen Account
UpstoxRs 20Upstox ReviewOpen Account
Angel OneRs 20Angel One ReviewOpen Account
5paisaRs 205paisa ReviewOpen Account
GrowwRs 20Groww Review😞😞😞
HDFC SkyRs 20HDFC Sky Review😞😞😞

Zerodha Trade@20

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ProStocksRs 15ProStocks ReviewOpen Account
Paytm MoneyRs 20Paytm Money ReviewOpen Account
FyersRs 20Fyers ReviewOpen Account
Nuvama WealthRs 10Nuvama Wealth ReviewOpen Account

Best Rs 20 brokerage plan – Final Verdict

If you are a volume trader or frequent trader who places a number of trades every day, flat brokerage plans are the best suited.

Zerodha, Groww, Angel One, Paytm Money, etc. are some of the best discount brokers to open an account with to start trading at Rs 20 maximum brokerage.

Prostocks is the brokerage house that even charges you the lowest flat fee of just Rs 15 per order.

HDFC Sky is another popular full-service broker that levies Rs 20 flat fee on trading on BSE, NSE, and MCX and Nuvama Wealth charges even lower at just Rs 10 per trade executed. Also, you will get access to trading tips, research & advisory services.

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