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| Discuss Avoid Kotak - Highest Brokerage !!! at the Brokers & Demat Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; friends, KOTAK charges highest among the brokerage firms. I think they have increased the brokerage ... |
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#1
31st March 2008, 04:22 PM
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Avoid Kotak - Highest Brokerage !!!
friends,
KOTAK charges highest among the brokerage firms. I think they have increased the brokerage recently. Recently when the market went 900 points up their system did not work whole day. God alone should help those who trade with kotak. Kotak charges 10,000 per one crore volume. ie if you have to get profit on a nifty future transaction you need to get atleast 10 points for brokerage only!! For eg if you buy 100 nifty futures at 4900 and sell at 4910 then your brokerage will be earned. Is there any other brokerage firm which charges more than KOtak. Beware of Kotak. 
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#2
31st March 2008, 04:28 PM
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Re: Avoid Kotak - Highest Brokerage !!!
For Options KOtak charges minimum of Rs 100 per lot. Maximum 2.5 percent of (premium X lotsize X no of lots). so it can go upto even 500 and more also.
Whereas ICICI charges 95 per lot. ie flat brokerage. Not minimum.
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#3
31st March 2008, 04:29 PM
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Re: Avoid Kotak - Highest Brokerage !!!
Quote:
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