{"id":154,"date":"2020-01-11T04:48:45","date_gmt":"2020-01-11T04:48:45","guid":{"rendered":"https:\/\/www.invest19.com\/blog\/?p=154"},"modified":"2022-01-31T13:40:29","modified_gmt":"2022-01-31T13:40:29","slug":"discount-broking-is-past-experience-the-power-of-zero-brokerage-now","status":"publish","type":"post","link":"https:\/\/www.invest19.com\/blog\/discount-broking-is-past-experience-the-power-of-zero-brokerage-now\/","title":{"rendered":"Discount Broking is Past. Experience the Power of Zero Brokerage Now"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<p>The Indian broking industry has continuously disrupted by the rapid increase of discount brokers in general. The low rate broking model helped many discount brokers in increasing the customer base so far. However, we\u2019ve witnessed many brokers defaulting and caught in wrongdoings in various instances, in recent years. <\/p>\n\n\n\n<p>As per BSE-chief Ashish\nChauhan, <em>the broking business is\ntransforming and soon we will see a shrinkage in the number of players going\nahead<\/em>.<\/p>\n\n\n\n<p>Besides, the brokers have seen\nhit in their revenue ever since the SEBI stopped the margin trading. Now the\nquestion is, <em>how the stockbrokers will\nsurvive if the industry will go to zero-brokerage model?<\/em><\/p>\n\n\n\n<p>As per Kaushlendra Singh Sengar, Founder &amp; CEO of INVEST19, <strong><em>&#8220;<\/em><\/strong><em><strong>INVEST19 will increase the stockbrokers&#8217; revenue three-fold even with its zero brokerage model. Soon, INVEST19 will make a world record by processing 5 lakh Demat account during its launch. And in such a scenario, the INVEST19 will become a key to double the industry size in next 5 years.&#8221; <\/strong><\/em><\/p>\n\n\n\n<p>According to him, <em>\u201cTechnology\nwill play a pivotal role in boosting the market size and widen the range in\nthis untapped market.\u201d <\/em><\/p>\n\n\n\n<p><em>\u201cWe\u2019re building a\nnext-generation technology which will ease up the stock investments, minimized\nthe risk, and make it safer &amp; secure<\/em>\u201d, said Kaushlendra Singh Sengar. <\/p>\n\n\n\n<p><em><strong>\u201cAdditionally, we foresee a new breed of smart investors introduced to the market that will boost the industry volume and pick the pace of savings and investments in India.\u201d \u2013 Mr. Sengar. <\/strong><\/em><\/p>\n<div class='epvc-post-count'><span class='epvc-eye'><\/span>  <span class=\"epvc-count\"> 3,868<\/span><\/div><div class=\"pld-like-dislike-wrap pld-template-1\">\n    <div class=\"pld-like-wrap  pld-common-wrap\">\n    <a href=\"javascript:void(0);\" class=\"pld-like-trigger pld-like-dislike-trigger \" title=\"\" data-post-id=\"154\" data-trigger-type=\"like\" data-restriction=\"ip\" data-ip-check=\"0\" data-user-check=\"1\">\n                        <i class=\"fas fa-thumbs-up\"><\/i>\n                    <\/a>\n    <span class=\"pld-like-count-wrap pld-count-wrap\">9    <\/span>\n<\/div><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>The Indian broking industry has continuously disrupted by the rapid increase of discount brokers in general. The low rate broking model helped many discount brokers [&hellip;] <span class=\"read-more-link\"><a class=\"read-more\" href=\"https:\/\/www.invest19.com\/blog\/discount-broking-is-past-experience-the-power-of-zero-brokerage-now\/\">Read More<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":159,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[180,7],"tags":[23,24],"class_list":["post-154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-investment","tag-zero-brokerage","tag-discount-broking"],"_links":{"self":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/comments?post=154"}],"version-history":[{"count":5,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/154\/revisions"}],"predecessor-version":[{"id":212,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/154\/revisions\/212"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media\/159"}],"wp:attachment":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media?parent=154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/categories?post=154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/tags?post=154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}