AsthaTrade offers stock traders free equity intraday brokerage
New Delhi (India) : For all new investors and traders in India, AsthaTrade, a SEBI-registered brokerage firm with 1.5 lakh clients, offers free equity intraday trading when they open a demat account....
New Delhi (India) : For all new investors and traders in India, AsthaTrade, a SEBI-registered brokerage firm with 1.5 lakh clients, offers free equity intraday trading when they open a demat account. Other brokers only offer free brokerage services for delivery trades, making AsthaTrade’s offering of free brokerage on equity intraday trades a first in the broking industry.
In addition to the new platform, AsthaTrade is introducing its flagship event, named “9:15 Mania,” during which users will have access to free premium features like the options strategy builder and a brokerage reversal of up to Rs 5,000 for options trading. For more information about 9:15 Mania, please click here.
To help traders get their feet wet in the world of investing and trading, AsthaTrade CEO Mr. Shauryam Gupta says, “We have made zero brokerage on equity intraday.”
Many shifts have occurred in the Indian investment paradigm. No longer is it true that the average person cannot afford to invest in stocks. People in the middle class today aren’t satisfied with just tax deductions and guaranteed returns on their investments. In the wake of the information revolution, today’s young workers are well-versed in technology, capable of thinking for themselves, and equipped to make sound decisions. Learning how to invest is made easier by the abundance of resources out there. A demat account can be opened by anyone, anywhere, with just a few mouse clicks today. It is becoming increasingly common for residents of smaller communities to open demat accounts, invest in IPOs, and trade shares.
AsthaTrade is one of the few brokers in India that is profitable and growing consistently year on year for over a decade. Mr. Gupta says, “We want to widen our client base to 5 Lakh investors in the next financial year.”
With India in the right position to claim the global spotlight in the coming decade, equity markets and the broking industry will scale to newer heights. AsthaTrade aims to steer into an upward trajectory by meeting the client’s expectations, Mr. Gupta feels the time is right to step on the paddle with marketing efforts in the broking industry.
“The next phase of growth in the stock broking industry will be led by tech innovation and digital transformation. AsthaTrade, with its in-house tech and marketing team, is pushing the envelope in these two areas.”
He further comments, “With this vision, AsthaTrade has launched options strategy builder for free for its users which costs around Rs 5500 per year otherwise in the market.”
AsthaTrade has leveraged technology to bring a host of new features to its users. Its trading app is equipped with all the latest stock market and trading features and functionalities. Trading is smooth, quick, and easy for the new traders on their platform as technology helps them take informed investing and trading decisions.
Mr. Gupta added, “Investing is slowly gaining popularity among the Indian population and it will drive the next phase of India’s growth journey.” On 6th September, the total number of demat accounts in India touched 10 crore number for the first time. This further validates Mr. Gupta’s vision.
“We want to equip Indian investors and traders with all the required investing tools to actively participate in India’s economic growth,” Mr. Gupta further added.
AsthaTrade offers an online app ‘Flow’ for investors to invest in shares and options. On the equity trading side, AsthaTrade offers one of the lowest interest rates of 3.99% on the Margin Trading Facility. Investors can apply for IPOs hassle-free, trade via TV Terminal, and use Options Chain, Greeks, and PayOff Graphs to make smarter trades. Recently, AsthaTrade launched the Options Strategy Builder feature available to its clients free of cost. The tool is ideal for new traders honing their options trading skills with readymade strategies.
About AsthaTrade: AsthaTrade is a SEBI registered stockbroker with a corporate office in Bengaluru, with over 20 years of presence in the stock market and clientele all over India. Astha has won awards from MCX and NSDL in various categories like Star Performer (Highest Account Opening), (Highest Growth Rate), and Torchbearer of Commodity Derivatives Market – MCX.
To know more, visit – https://asthatrade.com/mania?utm_source=finex
