Full Service Broker

In India, there are mainly two kind of stock brokers-

  1. Traditional Broker or Full Service Broker
  2. Discount Broker

What is a Full Service Broker?

A traditional or full service broker is one who charges brokerage or commission on turnover basis. Unlike discount broker, they charge a pre decided % brokerage on total turnover of a trade. This % brokerage may vary from client to client. Following are the key characteristics of a discount broker –

  • Charge brokerage on trade turnover.
  • Useful to those who needs dedicated relationship manager.
  • Full-service brokers are a better for those who need professional investment & research advice.
  • Full-service brokers have a network of multiple physical branches.

Top Full Service Broker

Wealth Inspiration

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