Discount Stock Brokers: Well known Adviser

A discount stock broker is a person who provides advices to the investors rather than handling their funds to invest in the stock market. When you just want the broker to suggest you the trends of the stock market and other general but expert information you approach the stock brokers. They charge a lesser amount of fees than the traditional brokers too. 

There are various discount stock brokers who do not provide information about the stock research, mutual funds, bonds etc. The brokerage taken by these types of stock brokers is low. The brokerage can be less by more than 90% of that of traditional brokers. This brokerage can either be a fixed one time charge or fixed monthly fees in case of unlimited trades. They usually have competitive rates as the knowledge and experience required is very low and the demand for these brokers is high resulting in a large number of participants for the same. 

There is also a type of broker present in the stock market called Deep Discount brokers. They charge even lower fees than the discount brokers and carry on fewer tasks such as helping the investors to only execute the trades. These types of brokers are much different from the full time brokers who perform whole bunch of functions for higher fees. 

Discount stock brokers are still evolving and spreading their roots in India. They do not involve education of the investors as such. But the level of security provided is approximately the same. They aim to become a well-developed profession in India taking into account the increased amount of educated investors in the securities market.