Gents, In the absence of other info, use this info on beokerage charges for delivery
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ICICI DIRECT 0.97% PAY 97 PAISA FOR 100 RUPEE SHARE YOU BUY, AND IF YOU SELL PAY ANOTHER 97 PAISA. INCLUDING TAXES ETC
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cheapest broker is
RELIANCEMONEY PAY 0.139% OR PAY 13.9 PAISA FOR 100 RUPEES BUYING INCLUSIVE OF ALL TAXES.
BUY AND SELL WILL COST YOU 27.8 PAISA FOR A 100 RUPEE SHARE
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INDIABULLS COSTS YOU 0.53% ie 53 PAISA FOR one way BUYING A 100 RUPEE SHARE.
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sharekhan charges about 68.2 paisa for buying a 100 rupee share including taxes
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5paisa.com charges about 42 paisa for buying a 100 rupee share.
but INDIAINFOLINE OR 5PAISA.COM are not customer frendly,if you daytrade,they can wipe off your account.why? because no auto square off and they push you to auction.
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FORD
Think before you put your money with high cost brokers. In Trading the recurring cost is brokerage.If you dont think about it then you are ignoring a major expense that repeats every time you buyor sell.
What is most important is
The higher the brokerage, the higher the service taxes(12.2% of brokerage charges) and higher the other things go, pay more brokerage then you pay
more taxes on stock buying selling to govt making only the finance ministry happy.
Just think of the intelligence of Harvard people who like to tax a 10000 rupee withdrawal from bank? Wow brains galore!!!!!!!!!!!
Just let one of those top brains go to a corporate hospital for a simple treatment as inpatient, the hospital wont let them go out without paying a minimum 25000 to 50000 rupee bill, and with insurance or government coverage the hospital would empty the max limit permissible be it few laks.
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ICICI DIRECT 0.97% PAY 97 PAISA FOR 100 RUPEE SHARE YOU BUY, AND IF YOU SELL PAY ANOTHER 97 PAISA. INCLUDING TAXES ETC
--------------------------------------------------------------
cheapest broker is
RELIANCEMONEY PAY 0.139% OR PAY 13.9 PAISA FOR 100 RUPEES BUYING INCLUSIVE OF ALL TAXES.
BUY AND SELL WILL COST YOU 27.8 PAISA FOR A 100 RUPEE SHARE
----------------------------------------------------------------
INDIABULLS COSTS YOU 0.53% ie 53 PAISA FOR one way BUYING A 100 RUPEE SHARE.
------------------------------------------------------------------
sharekhan charges about 68.2 paisa for buying a 100 rupee share including taxes
--------------------------------------------------------------
5paisa.com charges about 42 paisa for buying a 100 rupee share.
but INDIAINFOLINE OR 5PAISA.COM are not customer frendly,if you daytrade,they can wipe off your account.why? because no auto square off and they push you to auction.
---------------------------------
FORD
Think before you put your money with high cost brokers. In Trading the recurring cost is brokerage.If you dont think about it then you are ignoring a major expense that repeats every time you buyor sell.
What is most important is
The higher the brokerage, the higher the service taxes(12.2% of brokerage charges) and higher the other things go, pay more brokerage then you pay
more taxes on stock buying selling to govt making only the finance ministry happy.
Just think of the intelligence of Harvard people who like to tax a 10000 rupee withdrawal from bank? Wow brains galore!!!!!!!!!!!
Just let one of those top brains go to a corporate hospital for a simple treatment as inpatient, the hospital wont let them go out without paying a minimum 25000 to 50000 rupee bill, and with insurance or government coverage the hospital would empty the max limit permissible be it few laks.