Need Help Regarding ShareKhan and ICICI Direct Brokerage

Which one would you prefer for online Trading?

  • ICICIDIRECT

    Votes: 7 53.8%

  • SHAERKHAN

    Votes: 6 46.2%
  • Total voters
    13
  • Poll closed .
D

dombax

New Member
#1
#1
Hi All,
Im new to this thread and i have seen some wonderful post that really helped newbies.. im in need of a help..

could you pelase tell me whats the brokerage of icicidirect and sharekhan for both delivery and intraday.

Please correct me if im wrong
delivery ICICI Direct for both buy and sell
Brokerage 0.75%
STT% 0.125%
Service Tax 12.24% of Brokerage

Delivery type Sharekhan for both buy and sell

Brokerage 0.5%
STT% 0.125%
Service Tax 12.24% of Brokerage

Intra Day

STT%,ST% and Brokerage is NILL for Buy in ICICI and Sharekhan

STT 0.025%
ST 12.24%
Brokerage 0.05%

I think the brokerage details of intra day is wrong.. please correct and give me the exact details about STT,ST,brokerage for intraday in both icicidirect and sharekhan..

and could you please tell me weather the STT,ST and Brokerage is applied for both buy and sell in intraday or its only applied to SELL.


Thanks a Ton
 
L

lvgandhi

Well-Known Member
#2
#2
dombax said:
Hi All,
Im new to this thread and i have seen some wonderful post that really helped newbies.. im in need of a help..

could you pelase tell me whats the brokerage of icicidirect and sharekhan for both delivery and intraday.

Please correct me if im wrong
delivery ICICI Direct for both buy and sell
Brokerage 0.75%
STT% 0.125%
Service Tax 12.24% of Brokerage

Delivery type Sharekhan for both buy and sell

Brokerage 0.5%
STT% 0.125%
Service Tax 12.24% of Brokerage

Intra Day

STT%,ST% and Brokerage is NILL for Buy in ICICI and Sharekhan

STT 0.025%
ST 12.24%
Brokerage 0.05%

I think the brokerage details of intra day is wrong.. please correct and give me the exact details about STT,ST,brokerage for intraday in both icicidirect and sharekhan..

and could you please tell me weather the STT,ST and Brokerage is applied for both buy and sell in intraday or its only applied to SELL.


Thanks a Ton
Click to expand...
Now service tax is 12.36% as educational cess on service tax is 3%.
STT, ST are as per Govt orders. Brokers has nothing to do. If brokerage is charged, then Service tax will be there.
STT is .125 % delivery based buy and sell transactions and is .025% for intraday sell only.
 
G

gnsubbu

New Member
#4
#4
Dear All,
I just entered to this site,I am NRI interested to invest money in indian shares.Need your help to assitance in opening a demat a/c & how to do online trading?Is PAN card is must?what are formalities for NRI's.Thank you
 
C

caramel26

New Member
#5
#5
traderji namaskar.....

i been trading with icicidirect for some time....but it's high time i should change as "time is money" and with icicidirect i will loose both time and money....
had pretty bad experience in last two weeks.. by the time i place an oder and by the time it gets excuted the whole world changes


I need u r help in choosing a new broker..
need some inputs regarding indiabulls(PIB)..what will be the time duration for money transfer..both ways..

If u got any further suggestion regarding other brokers pls let me know...also with their brokages

can i bargain brokerage with Indiabulls and what's the min.(brokerage) that they chrge...

pls help as fast as u can...

thanks
sridhar
 
A

amandeep08

New Member
#6
#6
Dear Sridhar,

I also have the same problem. I have account in ICICI but now have changed it to reliance because of brokerage only.

Regards,
Amandeep SIngh.
 
C

caramel26

New Member
#7
#7
hi Amandeep
can u provide me with some more details as how they whould charge(brokerage)...
how long does it take for money transfer...

thanks
sridhar
 
R

rubin_stocks

New Member
#8
#8
Hi i am a arbitraguer working with religare and i pay 10 paise delievery and 1 paise fno sure my volumes are very high and for arbitraguers brokerage is also charged less but i think for traders and investors 20 paise delievery and 2paise is the norm and can be reduced to 15 paise and 1.5 paise if volumes are high
 
V

vishnuindian

Member
#10
#10
amandeep08 said:
Dear Sridhar,

I also have the same problem. I have account in ICICI but now have changed it to reliance because of brokerage only.

Regards,
Amandeep SIngh.
Click to expand...
whilw quitting from icici demat did u paid any penality??
Like how u cancelled d account..
annual maintanence caharge is 500 rupees na.. how u avoided tat//
Can u help pls
 
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