How do you Compare Brokers?
I mainly compare the Account Opening Process, Brokerage Charges, Technical Services, Platforms, Customer Support, Platform Built Technology, UI/UX Friendliness, Learning Platforms, and Transparency of Charges.
Demat Account Opening Process: Even today in the ERA of IoT, few firms take a huge amount of time for just opening an account, for now, my pick is Zerodha which is best and allows people to create an account online in just 5 minutes. Demat Account Opening Process is the simplest and easiest process.
Brokerage Charges: There are various types of brokerage firms, full-time brokers, discount brokers are the main in them. Discount brokers are new generation firms and hence I pick Zerodha which is the best among the new firms and provides zero charges account.
Technical Services: Among all firms present In India – Zerodha holds the best technical support, out of any issues they have a turnaround time of a maximum of 48 hours, even during covid I have received a response immediately.
Platforms: No other firm was able to create a platform like Zerodha which has created India’s finest trading and investment applications. Zerodha Kite, Zerodha Varsity, Zerodha Coin are some of the best in the investment sector.
Customer Support: 2000+ customer care representatives make Zerodha India’s number 1 firm in service. Highly educated and well-equipped application makes Zerodha the best firm in India that provides solutions immediately and accurately.
Platform Built Technology: Zerodha platforms are in-house developer applications used with Python, SQL, and many other latest coding languages.
UI/UX Friendliness: It may not go wrong if we sat Zerodha applications are built with the simplest wireframe structures, anyone can easily use the platforms and master in trading and applications usage can be learned in just a few minutes.
Transparency of Charges: More than 8 million people have already become a client of Zerodha and are happy with it, this proves the transparency, they provide a calculator for pre-analyze charges and on this basis, one can plan their charges. This truly amazes me.
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