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| Discuss about double brokerage at the Brokers & Demat Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; sir, i am having a/c in kotak sec. when i started trading (in feb2006) ... |
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#1
1st November 2006, 10:03 PM
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about double brokerage
sir,
i am having a/c in kotak sec. when i started trading (in feb2006) kotak sec. taken (applied) double brokerage on option trading & they are not given amount back yet 
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#2
4th November 2006, 01:50 PM
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Re: about double brokerage
Brokerages are usually charged both sides i.e when you buy a contract, you would be charged x% of brokerage and when you square up the same contract you would be charged x% of brokerage
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#3
7th November 2006, 12:29 PM
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Re: about double brokerage
no sir,
double brokerage means for buy instead of x they applied 2x for sell instead of y they applied 2y brokerage that happen for 2 nifty call options means 2x+2x+2y+2y that much brokerage they had taken
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#5
7th November 2006, 07:14 PM
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Re: about double brokerage
Quote:
Realy seems strange to me. 
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#6
8th November 2006, 09:59 PM
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Re: about double brokerage
no swagat
if u have balance in ur trading a/c then u can trade na at that time sufficient amt was there in my a/c & thy had taken double brokerage(in the month of feb2006). then tell me which type of action i shuld take
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#7
9th November 2006, 01:31 PM
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Re: about double brokerage
You can write to the customer service help desk. Their site clearly states the brokerage structure and I am sure that if you get in touch with the right person, they will reverse the charges or if you have an RM at your location, he can help you out
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#8
9th November 2006, 01:31 PM
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Re: about double brokerage
If nothing works you have the recourse of SEBI
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