Will Hybrid Brokerage be the new leading model of India Brokerage Industry? REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The Indian trading industry has come a long way in demand & supply infrastructural development coupled with jump in retail participation rate from almost Nil in 2001 to 2-3% in 2019 & expectation to grow to ~7% in next five years with major traction coming from Tier 2 & Tier 3 cities. This, up growth, trend and simultaneous technological advancements adopted by brokerage firms, competitive pricing, increasing FII & increased financial awareness among millennial population compels the incumbent brokerages to reconsider the business model. What has been the traditional method of broking in India? Full Service model is the age old brokerage method serving its customers plethora of services via a dedicated relationship manager. With a manager doing everything from trade execution to overall portfolio management, these brokers charge high brokerage ranging from 0.3-0.6% of traded value. This model is generally preferred by institutional investors for their research, advisory & management services and by retail investors which are new to the capital market trading and prefer outlet based trading. Even after the incumbency of discount & hybrid brokerage models in India, we still see full service brokerage being preferred by some proportion of investors owing to factors such as credibility, ease of transactions (as most of them are bank based) & portfolio diversification options offered by them. How are discount brokers offering minimal brokerage charges? Trade Only Services: Discount Brokerage is modeled on the concept of supplying best of technology, empowering its investors to undertake trading services all by themselves by providing a DIY Platform. Integration of sophisticated technology is considered as one of the investment cost which is recovered by levying per trade charges on number of trades (Lowest of 0.01% or INR 20). Owing to no major cost involved in opening offline trading outlets and hiring analysts, Such a model is preferred by investors (largely retail) looking to trade high volume and value all by themselves with minimal brokerage charges. Why is there a scope for Hybrid Model? Emergence of discount brokerage model turned the majority of retail brokerage industry to their side thereby making full service brokers to losing out on huge chunk of new retail clients. In order to compete with discount brokers & cater to dual clientele needs of both retail & institutional clients, traditional brokerages such as Axis Securities and Angel Broking introduced special discount brokerage plans (Trade@20 by Axis Securities and iTrade by Angel Broking) for trading in equity commodity, &derivatives segment; providing both full service offerings and discounted brokerage plans for both type of customers. Similarly, Discount brokers have been working on the model of wafer thin margins, experiencing high volume trades but with limited offerings to institutional clients. This has prompted certain discount brokers to expand their product portfolios to Portfolio Management Services, Institutional services & third party products distribution of Insurance, Loans, and Mutual Funds etc, to become a one-stop solution for all financial needs. What trends are expected to drive the future of brokerage Industry in India? Global Investing is one of the very recent trends introduced to investors in India by companies such as Stockal & Vested Finance. The main vision behind introducing this concept is the investor’s demand for portfolio diversification via multiple geographical investments. However, investing in international equities involves large amount of funds requirement unlike investing in Indian stocks. Therefore in order to solve this problem companies such as Vested finance offers the opportunity of fractional trading (purchasing fractional portion of stock) thereby complementing its global investment platform. Diversification on basis of assets class across different geographies with optional of time-based diversification is gaining momentum, commonly undertaken by ETFs, Mutual funds & thematic investment opportunities introduced by companies such as Small case in India. In order to mitigate their risks, Indian investors are expected to follow these trends thereby making them preferred choices for future investments. Companies Covered:- Full Service Brokerages ICICI Securities HDFC Securities ShareKhan Kotak Securities Motilal Oswal Nirmal Bang Geojit Financial Services IIFL Securities SMC Global Securities Reliance Securities Discount Brokerage Zerodha 5Paisa Upstox SAMCO Prostocks R K Global Wisdom Capital Interactive Brokers Hybrid brokerage Angel Broking Edelweiss Axis Direct Swastika Investmart (TradingBells) MasterTrust Key Topics Covered in the Report:- Overview of India Financial Brokerage Industry Understanding customer’s requirements Decision making criteria for selecting brokers by retail & Institutional Clients Evolution in Role of Brokers, 2005-2022 Full Service Brokerage in India: Overview with Business Model followed Competitive Landscape including Cross comparison among major players on financial, operational, Pricing, Strengths & Weakness Analysis Company Profile of major Full Service Brokers Future Outlook & Potential of Full Service Brokers in India Discount Brokerage in India: Overview with Industry Ecosystem & Business Model followed Competitive Landscape including Cross comparison among major players on Financial, Operational, Technological, Pricing, Strengths & Weakness Analysis Company Profile of major Discount Brokers Technological Landscape including Technologies available, Profiling of major Technology Providers Overview of Back Office Operations with Profiling of major Back Office Operators EKYC Providers & costing Future Outlook of Discount Brokerage Case Study of Stockal Hybrid Brokerage in India: Overveiw with Business Model followed Industry Landscpae including Cross comparison among major players on financial, operational, Pricing, Strengths & Weakness Analysis Company Profile of major Hybrid Brokers Future Outlook for Hybrid Brokerage with expected Industry Trends Regulatory Landscape Governing Brokerage Industry in India For More Information on the research report, refer to below link:- https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/india-financial-brokerage-industry-outlook/335268-93.html Related Reports:- https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/philippines-financial-brokerage-market-outlook/243555-93.html https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/indonesia-financial-brokerage-market-outlook/239909-93.html Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: 5Paisa Discount Brokerage Market Revenue, Angel Broking Hybrid Brokerage Market Revenue, Axis Direct Hybrid Brokerage Market Size, Capital Market Trading Infrastructure India, Edelweiss Hybrid Brokerage Market Sales, Evaluation Study India Financial Brokerage Market, Evaluation Summary Report India Financial Brokerage Market, Evaluative Survey India Financial Brokerage Market, Financial Brokerage Industry In India, Financial Brokerage Market In India, Full Service Brokerage Companies India, Geojit Financial Services Full Service Brokerages Market Shares, HDFC Securities Full Service Brokerages Market Shares, Hybrid brokerage Market India, ICICI Securities Full Service Brokerages Market Revenue, IIFL Securities Full Service Brokerages Market Revenue, India Discount Brokerage Companies, India Discount Brokerage In house technology, India Discount Brokerage Market Revenue, India Discount Brokerage Technology Outsourcing, India Discount Service Brokerage Market Revenue, India Financial Brokerage Due Diligence Report, India Financial Brokerage Growth Strategy Market Report, India Financial Brokerage Industry, India Financial Brokerage Industry Research Report, India Financial Brokerage Market, India Financial Brokerage Market Analysis, India Financial Brokerage Market Competition, India Financial Brokerage Market Competition Benchmarking, India Financial Brokerage Market Evaluation Report, India Financial Brokerage Market Forecast, India Financial Brokerage Market Future Outlook, India Financial Brokerage Market growth, India Financial Brokerage Market Major Players, India Financial Brokerage Market Research Report, India Financial Brokerage Market Revenue, India Financial Brokerage Market Revenue Forecasting, India Financial Brokerage Market Shares, India Financial Brokerage Market size, India Financial Brokerage Market trends, India Full Service Brokerage Features Services, India Full Service Brokerage Future Revenue, India Full Service Brokerage Market Revenue, India Full Service Brokerage Pricing, India Full Service Brokerages Market, India Hybrid Brokerage Companies, India Hybrid Brokerage Market, India Hybrid Brokerage Market Revenue, Industry Research Report Of India Financial Brokerage, Interactive Brokers Discount Brokerage Market Size, Kotak Securities Full Service Brokerages Market Sales, Market Research Report Of India Financial Brokerage, Master Trust Hybrid Brokerage Market Shares, Motilal Oswal Full Service Brokerages Market Shares, Nirmal Bang Full Service Brokerages Market Size, Non Core Services Revenue India, Number of Demat And Mutual Fund Accounts in Million, Number of IPOs India, Prostocks Discount Brokerage Market Sales, R K Global Discount Brokerage Market Shares, Reliance Securities Full Service Brokerages Market Size, SAMCO Discount Brokerage Market Size, ShareKhan Full Service Brokerages Market Size, SMC Global Securities Full Service Brokerages Market Shares, Social Evaluation Research India Financial Brokerage Market, Swastika Investmart (TradingBells) Hybrid Brokerage Market Shares, Upstox Discount Brokerage Market Shares, Wisdom Capital Discount Brokerage Market Revenue, Write An Evaluation Report On India Financial Brokerage Market, Zerodha Discount Brokerage Market Size, Zerodha Number of NSE Active Clients