Reduced Fees in Stock Trading
Key Features
* Discount brokers (e.g., Zerodha, Upstox, Interactive Brokers) offer lower fees than full-service brokers.
* Many brokers offer zero fees for equity delivery trades.
* Reduced fees are common for intraday and derivative trading.
* Flat-fee models (e.g., ₹20 per trade) are prevalent among discount brokers.
Benefits
- Cost savings for traders.
- Potential for improved returns.
- Increased accessibility for retail investors.
Reduced Fees in Real Estate
Lower commissions when buying, selling, or renting property.
Examples
- Online platforms (e.g., NoBroker, Redfin) offer low or zero fee options.
- Real estate agents may charge a lower percentage (e.g., 1% instead of 2-3%).
Reduced Fees in Financial Services
Lower commission charges by intermediaries in areas like mutual funds, insurance, and investment advice.
Examples
- Direct mutual funds have no distributor commissions.
- Robo-advisors (e.g., Wealthfront, Betterment) charge lower fees than traditional financial advisors.