Brokerage (latest as oct 2007)

B

bilalinamdar

New Member
#1
#1
Hello i would like to know abt Who offers the Lowest Brokerage on Intraday and Delivery ...
I am a intraday/swing trader type person 3 days (in a week) i do trading, 2 days i watch (2 days are off = 7 days) so per day i will invest ( 3 days) 1 lakh in the market .... Which broker will suit me.. F&O will not be greater than 1 month all short term deals...

I am currently with Sharekhan. I was disappoint when i got to know that for delivery they charge 0.80% which hurted me a alot...and also 0.10% for intraday...
Kindly suggest a good one...with details regarding brokerage...
(I do not know much abt the reliance money. They do not contact)
 
S

supaTrade

Active Member
#3
#3
Angel broking charges :

0.05% intraday (one side only)
0.25% delivery.
No minimum contract charge. Contract note by courier within 48 hours.
Good back office and service. I haven't recieved any wrong debits or credits.
 
R

ramkhy_m

New Member
#4
#4
Hi,
Recently I came across the "Ventura Securities Ltd." (www.ventura1.com)on contacting them they told me that they are offering

Account Opening Charges: 700 /=
Intraday----- 0.02 % (only on selling)
Delivery----- 0.15 % (each for buying and selling)
F & O ------- 0.02 % (if same day squared up, only one side brokerage)
Coming to AMC, first year there will not be any AMC charges, from next year onward it will Rs.400 + taxes.

Have any one tried their software? Any suggestions would be helpful.

Regards,
Ramakrishna
 
B

bilalinamdar

New Member
#5
#5
wow Great
Ventura Securities Ltd. Less Known broker
Angel broking Known broker

If it is abt trust i will go with Angel Borking but Ventura seems a good option can any one tell abt Ventura... ?
 
A

arunstar

New Member
#6
#6
Reliance Money can be your best when it comes to choosing the lowest brokerage.

It may help to find sufficient information about Reliance Money before you make an informed decision. Please provide Reliance Money with the following details so that their sales representative can contact you:
Name:
Contact No. :
City:
State:
For any further assistance please call Reliance Money on 3988 6000 or write to them at [email protected]





bilalinamdar said:
Hello i would like to know abt Who offers the Lowest Brokerage on Intraday and Delivery ...
I am a intraday/swing trader type person 3 days (in a week) i do trading, 2 days i watch (2 days are off = 7 days) so per day i will invest ( 3 days) 1 lakh in the market .... Which broker will suit me.. F&O will not be greater than 1 month all short term deals...

I am currently with Sharekhan. I was disappoint when i got to know that for delivery they charge 0.80% which hurted me a alot...and also 0.10% for intraday...
Kindly suggest a good one...with details regarding brokerage...
(I do not know much abt the reliance money. They do not contact)
Click to expand...
 
Last edited:
A

arunstar

New Member
#7
#7
Hi bilalinamdar
The brokerage charged by Reliance Money is 1 paisa per trade i.e. it remains same irrespective of quantity and price. The deduction from the prepaid card is based on the volume of transactions. There are 4 plans currently available for the limit card.

In case, you need any further clarifications, call them on 022-39886000 or write to them at [email protected]
 
Last edited:
B

bilalinamdar

New Member
#8
#8
To ArunStar,
Well can u tell me that thing in Percentage ?

they told me that there is plans like 500Rs for 2month
in which i will get 90Lakh Intraday and 10Lakh Delivery
i would like to know the exact percentage they charge...
I also heard that they have Login Problem in there system (it log off automatically many times)
and also that their coustomer support is totally useles...
I would like to know abt this...
 
S

sai20_2000

Member
#9
#9
arunstar said:
Hi bilalinamdar
The brokerage charged by Reliance Money is 1 paisa per trade i.e. it remains same irrespective of quantity and price. The deduction from the prepaid card is based on the volume of transactions. There are 4 plans currently available for the limit card.

In case, you need any further clarifications, call them on 022-39886000 or write to them at [email protected]
Click to expand...
If you are a intraday trader think before trading by Reliance Money coz

1 Every time for entering orders your asked for the Key no and password as the login session expires may be half hourly
2 Donot have interface software like PIB
3 Dont even think of placing order thru phone as you ll find MISSION IMMPOSIBLE to catch them on phone during mkt hrs

Havent tried for EOD trading . Brok is not the isssue, but it shd be user friendly.
 
K

kgsirasangi

Active Member
#10
#10
sai_20_2000,

Does Reliance Money have provision for placing stop-loss orders?
Is login/relogin fast? or does that also take long time?
Some people have said that they use PIB for monitoring prices and Reliance Money for trading. Is this viable?

Please tell us your experiance.

Thanks.
 
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