Lowest Brokerage For Option Trading
Last Updated: Nov -14-2019
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When you are an options trader, one of the most important decisions to make, is choosing the right broker. Trades can become quite complicated and expensive at times. Understandably, investors who want to trade options look for ways to minimize the costs of trading. Having the right broker by your side does solves most of the problems while trading. Before we walk you through the best & lowest options brokerage providers, let us first understand what exactly is option trading. This can be helpful if you are a beginner or looking to trade significantly in options.
What are options?
An option is a financial derivative that gives the owner the right, but not the obligation, to buy or sell securities at a pre-determined price (known as the strike price), within a certain period of time (known as the expiration date).
Options come in two main types: calls and puts.
Calls give you the right, but not the obligation, to buy a market at a set price before a set date
Puts give you the right, but not the obligation, to sell a market at a set price before a set date
Buy a call option, and you’ll get a long position on its underlying market. The more the market’s price raises the more profit you can make. Buy a put option, and you have a short position on the underlying market. The further the market drops; the more profit you can make.
Who provides lowest brokerage for options trading?
In the present competitive world, well established traditional stock brokers like Axis Securities, Kotak Securities are offering intraday options trading for brokerage free. New discount brokers like WisdomCapital, and Finvasia are offering options both intraday and carry forward trading for free.www.investyogi.com , has made it easy for you to choose the right broker, since we have looked and tested for theonline brokerages, offering the lowest costs to trade options.
|Kotak Securities||Traditional broker||0 (Intraday)|
|Axis Securities||Traditional broker||0 (Intraday), Rs 10 per lot (Carry forward)|
|Wisdom Capital||Discount broker||0|
|TradePlus Online||Discount broker||Rs 9 per executed order|
|SAS Online||Discount broker||Rs 9 per executed order|
|5Paisa.com||Discount broker||Rs 10 per executed order|
|Zerodha||Discount broker||Rs 20 per executed order|
|Fyers||Discount broker||Rs 20 per executed order|
|Upstox||Traditional broker||Rs 20 per executed order|
In case you are looking to get started with stock market investments or looking to open account with any of the above listed stock brokers,let us assist you in taking the next steps ahead.
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