Comparative Table of Brokerage Charges of selected brokerge firms.

tarunjuris · #71 20th December 2007, 11:23 AM

Quote:

Originally Posted by mohdbinhaid

Hi friends,

I have made a comparative table on the various brokerage charges that are charged by various brokerage firms and more would be added very soon.

Present Comparision In The Table Between:

1) ICICIdirect

2) HDFC Securities.

3) UTI securities.

4) 5paisa ( India Infoline)

5) IndiaBulls Securities Ltd.

More to be added in the near future are:

1) Sharekhan

2) Geojit Securities

3) kotak securities.

And there is any correction that need to be made in the information i am providing then all the members and especially the senior members can correct me and i will make the needful corrections.

Regards
Mohammed Bin Haid

Thanks mr. jaidi for your comparative data it will help lot of invester like me who get numerous call from broker to open new Dmat account.

manoj kumar · #72 8th January 2008, 10:57 AM

Quote:

Originally Posted by mohdbinhaid

Hi friends,

I have made a comparative table on the various brokerage charges that are charged by various brokerage firms and more would be added very soon.

Present Comparision In The Table Between:

1) ICICIdirect

2) HDFC Securities.

3) UTI securities.

4) 5paisa ( India Infoline)

5) IndiaBulls Securities Ltd.

More to be added in the near future are:

1) Sharekhan

2) Geojit Securities

3) kotak securities.

And there is any correction that need to be made in the information i am providing then all the members and especially the senior members can correct me and i will make the needful corrections.

Regards
Mohammed Bin Haid

Thanks Friend,
It will prove really beneficial for all investers as well as professions.

ravi_s_ghosh · #73 8th January 2008, 06:38 PM

Your analysis seems to be biased towards indiabulls since many things about other brokers are mentioned wrong.

chakri · #74 8th January 2008, 07:07 PM

Quote:

Originally Posted by ravi_s_ghosh

Your analysis seems to be biased towards indiabulls since many things about other brokers are mentioned wrong.

Yes all this information is wrong and dont believe these peoples charges as they are working for the company.pls take information from the brokers directly and decide dont depend on this kind of data from any one as it will be biased always.

mohdbinhaid · #75 8th January 2008, 08:31 PM

Quote:

Originally Posted by chakri

Yes all this information is wrong and dont believe these peoples charges as they are working for the company.pls take information from the brokers directly and decide dont depend on this kind of data from any one as it will be biased always.

Hello Chakri,

I would advise you to check before you make a comment on anybody... You should keep in mind that the table was uploaded here long back, may b 1 1/2 or 2 years back and lot have changed all these years in terms of brokerages offered by various brokeing firm.

I was indeed working with Indiabulls at that time and thts clearly mentioned in my initial messages in this thread or forum but it would be unfair to say that i was biased when i prepared this table. I think these were the brokerage charges prevailing at that time and it was hard work of 1 month to make that table..anyways i dont need to justify but i thought i shd clear the doubt which you had...

I left indiabulls and the brokerage industry in general from the last 1 and half year and so i dont have any idea abt the current prevailing charges...so your might disagree when you compare it with my table.And i never got the chance to update the table since i moved to other industry and got busy with day to day work!!!

I dont mind if you want to update the table and upload for the benefit of all...Cheers!!!

Mohammed

ravi_s_ghosh · #76 9th January 2008, 05:05 PM

Even if one see's the table in respect to the time when it was uploaded, there are errors. for example, 5paisa provided relationship manager since at least 2005 (when I got my a/c opened) and they have been providing software based as well as web based applications, etc.

PS: 5paisa is one of the worst broker.

claude · #77 11th January 2008, 01:10 PM

I need to a broker whose brokerage is very reasonable. No annual maintenance charges and one who gives good charting software.

mohdbinhaid · #78 11th January 2008, 01:57 PM

Quote:

Originally Posted by claude

I need to a broker whose brokerage is very reasonable. No annual maintenance charges and one who gives good charting software.

I would prefer indiabulls , infact my broker is indiabulls....intraday 0.025% and 0.25% delivery which i think is quite reasonable...

Thanks
Mohammed

arin_12 · #79 13th January 2008, 11:51 PM

ICICI is really too costly, I believe. How about SBI ????

NISHIL · #80 20th January 2008, 05:00 AM

Geojit seems to be cheapest.
But dunno abt the Performance of their website....?
http://www.geojit.com/services/Broke...sp?index=2&a=4

Delivery-based Volumes *
Volume *(Rs.) New Brokerage Rate
< 10 lacs 0.30% (current)
> 10 lac < 50 lac 0.25%
> 50 lac < 1 cr 0.20%
> 1 cr < 2 cr 0.15%
> 2 cr 0.10%

Intra-day Volumes *
Volume *(Rs.) New Brokerage Rate
< 2 cr 0.030% (current)
> 2 cr < 6 cr 0.025%
> 6 cr < 12 cr 0.020%
> 12 cr < 15 cr 0.015%
> 15 cr 0.010%

F&O Volumes *
Volume *(Rs.) New Brokerage(per lot)(Rs.)
< 9 cr 75(current)
> 9 cr < 18 cr 65
> 18cr < 27 cr 50
> 27cr < 36 cr 40
> 36 cr 30

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