Zero Brokerage Demat Account | Best 0 Brokerage Trading Account in India: mStock vs Kotak vs Shoonya

Zero Brokerage Demat Account | Best 0 Brokerage Trading Account in India: mStock vs Shoonya vs Kotak | Best Demat Account with Zero Brokerage | Zero Brokerage Plan | Zero Brokerage for Life

mStock vs Kotak Neo vs Shoonya by Finvasia; which is the best zero brokerage trading account? Is there any no brokerage demat account?
In this video, we have reviewed three zero brokerage demat accounts in India that are mStock with Zero Brokerage Plan, Shoonya by Finvasia, and Trade Free Youth Plan of Kotak Securities. After watching this video, you will know which is the best demat account with zero brokerage in India in 2024, how stock zero brokerage plan can give you zero brokerage for life and which is the demat account with low charges.

0:00 - Intro
0:20 - Basic Charges
1:11 - Basic Details
1:52 - Product Categories
2:05 - Brokerage
2:24 - Margins
3:15 - Investment Options
3:30 - Charges Paid on the Turnover of ₹20,000
4:50 - Additional Features
5:21 - Kotak Neo Pros & Cons
5:37 - mStock Pros & Cons
5:49 - Shoonya Pros & Cons

In this comprehensive video, we delve into the world of zero brokerage demat and trading accounts, focusing on three prominent Demat brokers in India: mStock by Mirae Asset, Shoonya by Finvasia, and Kotak Neo. Whether you're a seasoned trader or just starting your investment journey, this video is packed with crucial insights to help you make an informed decision.

What is a Zero Brokerage Demat Account?
A Zero Brokerage Demat Account is a type of account offered by some brokers where they do not charge any brokerage fees on certain types of trades, usually intraday-based equity trades. This means that when you buy or sell stocks fon the same day, you won't be charged a fee per trade by the broker.

How it Saves on Trading and Investing Charges:

No Per-Trade Brokerage Fees: Typically, brokers charge a percentage of the trade value or a fixed fee per trade. With zero brokerage accounts, these fees are waived for specific types of trades, such as equity intraday trades. This can result in significant savings, especially for frequent traders or those dealing with large volumes.

Reduced Trading Costs: With zero brokerage accounts, the overall cost of trading is reduced. Apart from the brokerage fees, traders only need to pay statutory charges such as GST, SEBI charges, stamp duty, and exchange transaction charges. This lowers the barrier to entry and makes it more cost-effective for retail investors.

More Accessible for Small Investors: Small investors, who may be deterred by high trading fees, find zero brokerage accounts particularly beneficial. They can invest smaller amounts regularly without the costs eating into their returns.

What We Cover:

1. Basic Charges and Fees: We break down the basic charges these brokers impose, including account opening fees, annual maintenance charges, and any hidden costs you should be aware of.

2. Basic Details: Get to know the fundamental details about each broker, such as their background, reputation, and regulatory compliance.

3. Product Categories: Discover the range of products offered by each broker, from equities and mutual funds to derivatives and bonds.

4. Brokerage Charges: We provide a detailed comparison of brokerage charges, highlighting how these zero brokerage plans can help you save on trading costs.

5. Investment Options: Explore the various investment options available with each broker, ensuring you have access to a diverse portfolio to meet your financial goals.

6. Additional Features: Learn about unique features and tools offered by each platform, such as trading platforms, mobile apps, research and analysis tools, and customer support services.

7. Pros and Cons: Understand the advantages and potential drawbacks of using each broker, helping you weigh your options effectively.

8. Trading Cost Experiment: We conduct a practical experiment, calculating the trading costs on a turnover of ₹20,000, to give you a real-world perspective on the expenses involved.

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[thinkdeeperdeeper]

an you please make a video on Trailing Stop Loss trades?

Next 4 years are on momentum stocks. For momentum stocks, trailing stop loss is key.

Which brokers provide trailing stop loss and which dont?

[TiberuKrikovszky]

I really appreciate your efforts! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?

[AditiMondal__]

Yearly plan charges for Kotak are extremely high.

[rahultechnologyteach]

Kotak me koi demate account na open kare varna brokrage to nhi lagega but security charge gst aise bahut si chijo ka paisa liya jata hai

[ElginScan]

Excellent analysis, thanks! 👌 I’ve got a question: 🤨 I have a set of words 🤷‍♂️. (behave today finger ski upon boy assault summer exhaust beauty stereo over). I’d be grateful for some help. 🙌

[RichaSaroj-werq]

I wish Kotak had better customer service which would at least help me out.

[art_kirti_]

Kotak securities mein bahut login issues hote hain.

[Supriya-gkur]

I'm frustrated with Shoonya, there are so many bugs and glitches in their app.

[noobstargaming]

Kotak Neo... Main paiso ka ghapla hota haii... Mere sath hua haii Aaj 😢

[AnupaRani-rk]

Mstock use kiya hai maine, usmai hidden charges nahi hai.

[Tapasya-vlfu]

Considering to switch from Shoonya because of how bad their app is.

[RuhiTiwari-qflw]

Maine as a beginner Mstock use karna start kiya tha, abhi bhi wohi use karta hu.

[donboss]

Mstock e-margin facility has the lowerst interest rates' you forgot to mention this.

[angel]

Shoonya ke baare mein mene pehli baar sunna, reliable hai kya?

[mitali__]

Margin aise hi user ko de dete hain? 🙄

[jagdeep]

Stuck hona ya hang hona ye hota rahega to kaise kisiko best dmat kahe

[MyTradingJournal]

i want to trade on commodity but unfortunately in mstock we don't have it

[inspireink_]

But monthly maintenance charges and dp charges are very high

[ChandanKumar-dfwy]

Bohot issues aaye mujhe Shoonya use karte time.

[DivasKumar-kh]

In teeno mai best customer service toh Mstock ki hi hai.