April 12, 2023 1

Some Tips Before Hiring A Online Stock Some Tips Before Hiring A Online Stock BrokerBroker

Thinking about hiring a right stock broker professional online! SMC Trade Online provides you complete guidance into choosing a right broker, who advice or help you in boost your investments financial profit. Here are a some tips you may consider while selecting a Online Stock Broker

Tip 1 : Do Your Home WorkTip 1 : Do Your Home Work

You should first ascertain your objective. Are you a trader or a long-term investor? After this according to your trading requirement you should hire the kind of stock broking services.

April 12, 2023 2

Tip 2 : Your Convenience Tip 2 : Your Convenience

Tips for Hire a Stock BrokerTips for Hire a Stock Broker

Broking is a service where your personal level of comfort is important:

• If you are used to internet banking, a web-based trading platform may work well. • If not, you can choose a broker who accepts orders over the phone.

Tip 3 : Brokerage CostTip 3 : Brokerage CostOn the face of it, it makes sense to go with the cheapest. There are a few elements beyond brokerage cost. Some brokers charge a one-time account opening charges. Some have waived off account opening charges. Then appears the annual maintenance costs (AMC) for demat account.

April 12, 2023 3

Tip 4 : Depository ParticipantTip 4 : Depository ParticipantIt makes sense to keep the demat account with the broker as it saves on costs.

Tips for Hire a Stock BrokerTips for Hire a Stock Broker

Tip 5 : Broker ServicesTip 5 : Broker Services

The price you pay is for a service, and hence, the service components are to be seen in detail.

April 12, 2023 4

Tips For Hire a Stock BrokerTips For Hire a Stock Broker

Thanks

For stock market advice call our expert brokers at +91-11-30111000 Corporate Office:SMC Global Securities Ltd.11/6B, Shanti Chamber,Pusa Road, New Delhi-110005Tel.: 91 11 30111000Fax: 91 11 25754365E-mail: smc@smcindiaonline.com