In India, traditionally, Brokerage has always been charged as a percentage of the Volume traded by the client.
What is a discount brokerage?
Discount brokers are plain vanilla execution services brokers charging a flat fee per order or transaction as compared to a traditional full service brokers which charge customers differentially as a percentage of the volume of the transaction. Brokerage rates offered by discount brokers are significantly lower than those of full service brokers leading to the definition of the term – “Discount Brokerage”
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