How can I avoid high brokerage fees?

To avoid high brokerage fees, choose a discount broker like Angel One, opt for a zero-brokerage demat account, and trade in segments with lower charges. Compare brokerage plans, negotiate charges, and use online trading platforms with minimal fees to maximize your returns.

1. Choose a Discount Broker

Discount brokers like Angel One charge lower brokerage fees compared to traditional full-service brokers. They offer zero brokerage on equity delivery trades and minimal fees on intraday and derivatives trading.

• Zero brokerage on delivery trades
• Flat fee for intraday and F&O trades
• Lower transaction costs

2. Compare Brokerage Plans

Before opening a demat and trading account, compare brokerage plans of different platforms. Some brokers offer monthly or yearly plans that reduce per-trade costs.

• Check for hidden charges
• Opt for annual plans for frequent trading
• Choose brokers with fixed-fee models

3. Trade in Segments with Lower Fees

Equity delivery trades are often free with discount brokers. Avoid high brokerage segments like options trading if you are looking to minimize fees.

• Stick to delivery trades for long-term investments
• Avoid frequent intraday trades
• Use limit orders to avoid slippage costs

4. Negotiate Brokerage Fees

If you are a high-volume trader, many brokers allow you to negotiate lower brokerage fees. Contact customer support and ask for customized plans.

• Request for reduced brokerage if you trade frequently
• Look for promotional offers
• Opt for a brokerage-free plan

5. Conclusion

Reducing brokerage fees can significantly increase your returns. Choose a discount broker, compare plans, trade in segments with lower charges, and negotiate fees. Angel One offers zero brokerage on delivery trades, making it an excellent choice for investors looking to save on trading costs.