hi traders,
I'm currently using kotak for my online trading. It gives me 10 times exposure for nifty trading. i think thats gr8 though it just ends being more risky. i never use all my margin, but its always better to have the option. In between they had started "supermultiple" where you would get 15 times exposure for nifty. only hitch was that the trades were executed immediately. I'm looking for a lower cost option to kotak with similar ease of use, and lower brokerage. but i find that most low cost brokers actually use up lot more margin. For e.g. reliance money takes 24% margin (just 4 times), its ridiculous.
Can the customers of various brokers provide me exposure on nifty and brokerage charged? if brokerage is good.. i can do 3 crore in a month.
i have Motilal in mind but dont know how the exposure is given.
Thanks in advance
I'm currently using kotak for my online trading. It gives me 10 times exposure for nifty trading. i think thats gr8 though it just ends being more risky. i never use all my margin, but its always better to have the option. In between they had started "supermultiple" where you would get 15 times exposure for nifty. only hitch was that the trades were executed immediately. I'm looking for a lower cost option to kotak with similar ease of use, and lower brokerage. but i find that most low cost brokers actually use up lot more margin. For e.g. reliance money takes 24% margin (just 4 times), its ridiculous.
Can the customers of various brokers provide me exposure on nifty and brokerage charged? if brokerage is good.. i can do 3 crore in a month.
i have Motilal in mind but dont know how the exposure is given.
Thanks in advance