Online Trading Online Mutual Funds Back Office (EQ & DP) Self Care


+91 22 48934000

Contact Details Locate Branch
Diffrence between full service stock broker VS discount brokery

Stocks are the class of an asset that have the potential to beat inflation and deliver solid returns in the long run. However, to make the most of them, it is vital to select a market intermediary or broker, who will combine your hard-earned money with your investment objectives and channelize them in the right direction.

You can either opt for full-service brokers such as GEPL Capital that offers a broad, value-added portfolios or the much leaner, cost-effective solutions often provided by discount brokers.

However, before you choose, you need to have a thorough understanding of there features and benefits to make an informed decision.

Unlock the benefits that a full service firm offers. Invest Now

Full-service broker VS discount broker: By definition

Like the name suggests, full-service brokers are also known as traditional brokers and offer a comprehensive bouquet of services to cater to your financial needs, like what we do at GEPL Capital. Along with providing a stock trading platform, a full-service broker also offers research and advisory, investment banking, sales and asset management under one umbrella.

Coupled with this, they also offer services like wealth management and tax advisory services to help you leverage your assets and save taxes on the incurred profits in the best ways possible.

Full-Service Brokers like GEPL Capital are your ideal choice if you are looking for guidance to explore the market. Apart from high-quality inputs, we also provide you with a robust customer service infrastructure. We have a solid network of branches across the country and a team of trained & designated relationship managers to offer you personalized services.

On the other hand, since stock trading has gone online, this has led to the advent of a new class of brokers who are known as discount brokers. They are getting widespread attention from investors on account of there low, fixed brokerage plans wherein they charge a fixed fee irrespective of the trade value or money you invest in.

Explore various investment opportunities with one stop investment avenue. Explore now

Unlike traditional brokers, discount brokers as the name suggests, offer limited services at a cheaper price. They offer there services online and have a very limited physical presence which helps them save resources on employees and infrastructure. The services offered by discount broking companies vary but most of them do not provide research services, IPO application services and investment services in Mutual Funds, Bonds, FDs etc. This also helps them save money on licensing and resources.

Difference between discount broker and full-service broker – What is the actual difference between both the segments?

FactorsFull service brokerDiscount broker

Charged on percentage basis.

Charge a flat fee.

Bundle of services. Advisory service, investment service, asset management, tax planning and alot more.
Online trading platform with exclusive features along with basic analytical investment tools.
Both online and offline. Various offices and branches across the nation.

Usually only online presence.


They have dedicated research departments and experts for advisory.

No such departments.

Customer support
Face-to-face devoted customer service available at various branches.

Online customer support.

Concluding Thoughts

There is no one size fits all approach when it comes to selecting a full-service broker vs discount broker. It entirely depends on your investment goals and service requirements. Make sure you complete your research and select the broker who helps you achieve the desired level of profitability in your investments while choosing full-service broker vs discount broker.

Beginner in stock market? Here's a guide to help you get started Learn more

The type of service you want to avail will mostly depend on the size of the capital you are ready to invest. It also depends on the experience, knowledge and overall financial maturity of the trader. The current trend that we are witnessing, young tech-savvy investors are flocking to discount brokers while traders with significant capital are opting for full-service brokers for a well-rounded investment portfolio and better trading opportunities and returns.

Related Posts


Jul 12 . Tue

To kick start your journey in the Indian stock market you must ne...


Jul 19 . Tue

Real estate investment in India is perhaps the most reliable option.

We're al...


Aug 15 . Mon

Having witnessed what is possibly the worst pandemic in a century, managing your mo...


Aug 22 . Mon

In India, purchasing gold through sovereign gold bonds, also known as SGBs, is a co...

63045186589ed.1661227398.SGB gold bonds investment opportunity

attention-icon Attention Investors

1) Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. 2) Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. 3) Pay 20% upfront margin of the transaction value to trade in cash market segment.  4)Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.5) Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. 6) For Stock Broking transaction : Prevent unauthorised transactions in your account 7) KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary  8) Update/ confirm your mobile number/email ID with us OR If you wish to change/ modify the current Mobile No. & E-mail ID, you are requested to provide MODIFICATION FORM duly filled in and signed OR If you do not want to provide Mobile No. & E-mail ID, you are requested to send DECLARATION FORM duly filled and signed.  9) Receive information of your transactions directly from exchange on your mobile/email at the end of the day...Issued in the interest of Investors 10) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remain in investor's account. 11)As per SEBI Circular MIRSD/ SE /Cir-19/2009 dated December 3, 2009 Client transaction account shall be required to do the actual settlement of funds and securities at least once in a Quarter or month.