Comparative Table of Brokerage Charges of selected brokerge firms.

ravi_s_ghosh · #81 20th January 2008, 03:29 PM

@NISHIL,

U missed the fine line

Quote:

# Subject to minimum brokerage as under:

Rs.20 per scrip or 1 paisa per share whichever is higher subject to 2.5% per share.

That means effectively to get a brokerage of 0.3 on delivery u need to make a transaction of at least Rs 6000 on one scrip and on intraday, u need to make a transaction of Rs 66666.

raj_pal_amb · #82 20th January 2008, 03:51 PM

good attempt folk

DEVIPAPPA · #83 25th January 2008, 12:54 AM

HI i want to know about arbitraging any body explain me in details? who is provide arbitraging? how can its work? thanks..............

sunilm02 · #84 25th January 2008, 05:21 PM

Hi Friends...
I am a new trader on the block. But I have learned quite a lot many good things from Traderji.
I have the trading account with SHAREKHAN. In the carnage that happened this week, I had sold all my stocks on monday morning (21 jan).
Yesterday, after the market recovered a bit, I thought of buying back my stocks. So, I logged into my account. I had around 1 lac rupees with my account. So I thought I would be able to buy many of my favourite stocks at a bargain price.
As I punched the order, my trading terminal said "Not enough money in the account".
I was highly surprised. Since, I had sold all my stocks on Monday, I hadn't experienced all the losses that happened in next two days. SO, I was expecting at least 1 lac rupees in my account.
So, I checked my limit statement and it said only 25 thounsand. Now, how is it possible... I know I will get my money back, but what's the point. I mean, if you cannot buy at this time then what's the point in getting back ur money later..

Today, I was reading some threads in traderji. And I found that its not only me but many other small investors who are facing the same problems.

So, in spite of having money in our accounts, we cannot jump in to buy our favourite stocks at this 'highly important time'.
Now, my serious question is, WHAT IS THE USE OF BEING TRADER URSELF WHEN WE GET SUCH TYPE OF SERVICE IN INDIA.

ISN'T it best to simply invest in Mutual Funds. At least they can buy and sell the stocks at the appropriate times.

I feel pathetic seeing the services of INDIAN financial companies..

Thanks..
Please reply and write your invaluable comments..

SUNIL

vipinn · #85 25th January 2008, 05:43 PM

The comparative brokerage doc is of greatb help. Thanks for posting it.

baranwalb · #86 25th January 2008, 11:31 PM

can i make a buying call for next day in reliance money after the market closing? If i want to buy some script for the next day, can i make a buying instruction for tommorrow at reliance money after 3:30 PM

YASHDYHB · #87 27th January 2008, 10:57 PM

Please Include Reliance Money In Your Comparision. Reliance Money Offers The Lowest Brokerage In India, But Unfortunatel Their Services Is Also Lowest And Worst.

YASHDYHB · #88 27th January 2008, 10:58 PM

No You Can't Place Off Market Time Orders In Reliance Money, Because They Dont Support Order Storage Facility. Too Many Online Brokers Accept Orders Post And Pre Market Times And Place The Orders Quickly On Market Opens. But The Reliance Money Will Not Do So. Reliance Money Is Thinking Only To How To Loot Their Customers.

Abhishek.Prasad · #89 28th January 2008, 12:27 AM

Quote:

Originally Posted by ram05

Satya,

What brokerage are you using. Can you give me information on commisions and charges you are paying.

DEAR SATYA!
TALKING ABOUT THE TRADINGS IN THE CACHE SECTION NOT IN THE DERIVATES;
THE BROKERAGE INCLUDED IN THE RELIANCEMONEY IS NOT ONLY THE FIXED RATE OF RS.12/- PER TRANSACTION, BUT ALSO RS. 1/- ON EACH THOUSAND RUPEES TRANSACTION (AS CALCULATED ON THE BASIS OF RS.5OO/- ON EACH 5LAC TRANSACTION)
ROUND ABOUT IT TAKES 0.25% BROKERAGE.
METHINKS SO?????????

ravi_s_ghosh · #90 28th January 2008, 01:58 AM

Quote:

Originally Posted by vipinn

The comparative brokerage doc is of greatb help. Thanks for posting it.

It is extremely flawed, dont rely on it. Please read the whole thread before making a decision.

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