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How many stock brokers you have and for what purposes?

1) Upstox for holding equity for long term investments
Used it also for day trading but brokerage makes it too expensive

2) Finvasia for short term eq. delivery trades (not yet used it for day trading but plan to)
Zero brokerage for both CNC & MIS

3) Fyers
Not yet used
Zero brokerage on equity delivery

The current plan is to hold equity delivery till it appreciates by 1% in Fyers and then sell. For Finvasia, won't sell until it goes above 2% and even then may not sell if stock is zooming. I want to see which strategy makes the most money

All 3 have 0 AMC demat

P.S. I'm just learning (for the last year or so) so feel free to laugh if it doesn't make much sense or there are better ways to do it
Fyers has started charging brokerage for Delivery trades since last quarter of 2024.
 
Most of the discussions are solely on Brokerage charged by various brokers but one thing people miss on is the Demat Debit charges whose primary investment is Cash Delivery trades.

This Demat debit charges for full time brokers go as high as 50rs or at times percentage of total amount on every sell transactions.
And for discount brokers, it ranges from 3.5rs (lowest by Fyers) to 30rs which makes the overall trades expensive even if broker offers zero brokerage for Delivery trades.

Dhan & Zerodha has standard 13.5rs charge, Fyers has reduced demat debit charge to 3.5rs but introduced brokerage upto 20rs.
AngelOne is costlier than above with both Brokerage & Demat Debit charges of 20rs; Upstox slightly lesser than Angel with same brokerage but Demat Debit charge of 18rs.

So someone doing Cash Delivery trades on large number of stocks shall do keep in check the Demat Debit charges as well offered by respective brokers (Full or Discounted)
 
Most of the discussions are solely on Brokerage charged by various brokers but one thing people miss on is the Demat Debit charges whose primary investment is Cash Delivery trades.

This Demat debit charges for full time brokers go as high as 50rs or at times percentage of total amount on every sell transactions.
And for discount brokers, it ranges from 3.5rs (lowest by Fyers) to 30rs which makes the overall trades expensive even if broker offers zero brokerage for Delivery trades.

Dhan & Zerodha has standard 13.5rs charge, Fyers has reduced demat debit charge to 3.5rs but introduced brokerage upto 20rs.
AngelOne is costlier than above with both Brokerage & Demat Debit charges of 20rs; Upstox slightly lesser than Angel with same brokerage but Demat Debit charge of 18rs.

So someone doing Cash Delivery trades on large number of stocks shall do keep in check the Demat Debit charges as well offered by respective brokers (Full or Discounted)
You have all the needful information, important is which pattern suits more on your trade style , and how comfortable you are with broker on different parameters.
 
Fyers has started charging brokerage for Delivery trades since last quarter of 2024.
I registered at Fyers but never used it. Work pressure meant no time to look at the stock market. Now, I just use Finvasia to buy on dips. Upstox, I haven't used for ages though it stores all my medium & long-term picks. Haven't sold anything for quite some time now. May look at Dhan when I decide to get active again. Equity delivery is still free there
 
I registered at Fyers but never used it. Work pressure meant no time to look at the stock market. Now, I just use Finvasia to buy on dips. Upstox, I haven't used for ages though it stores all my medium & long-term picks. Haven't sold anything for quite some time now. May look at Dhan when I decide to get active again. Equity delivery is still free there
I have closed Upstox recently due to high charges. Actively using Dhan & few others.
 
I have closed Upstox recently due to high charges. Actively using Dhan & few others.
Yes, that's why I stopped using Upstox. For me, the demat account is LTF. Per trade it is 20, so I don't use it because Finvasia offers free Equity delivery. And I no longer do intra-day (even if I restarted, at Finvasia it is Rs 5/- so again a no contest)
 
Yes, that's why I stopped using Upstox. For me, the demat account is LTF. Per trade it is 20, so I don't use it because Finvasia offers free Equity delivery. And I no longer do intra-day (even if I restarted, at Finvasia it is Rs 5/- so again a no contest)
Copycatting your suggestions
 
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