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@ADB

What service are you talking about ?
I do not want a RM who ill advises me or trades in my account on the sly.
Brokers are brokers & they are not advisors.
I will hire qualified advisors not a vested interest broker.
Brokers job is to the trade under my instructions period & why should I pay absurd money for such a simple job.

Also a broking licence is provided by satutory authorities afer scrutiny only so the safety of your money is at par with all/any of the brokers.

If the broker charges are high it meqans they are inefficient & which in turn will try to fleece you to cover thier inefficient business practices.