PIB - Intraday F & O ,brokerage charged on both buy and sell !

S

sanx

Member
#1
#1
Does PIB charge both buy and sell on the intra day trades :eek:.

I called them up and they confirmed . I thought it should be only one one side if its on the same day . isn't it so ?
ICICI charges only on one side .
So for PIB ,if it is 0.03 % one side ,its 0.06 % both the sides on the same day, more than ICICI :eek:

For one side brokerage, whats a minimum brokerages you guys are charged ? 0.01 % ,0.015 % ?
 
L

learn2trade08

Guest
#2
#2
try sharekhan,i pay .03 for one side(intraday that is),religare i pay .015 but i pay for both buy and sell...icici is full of flaws,atleast thats what i heard...
all the best

sanx said:
Does PIB charge both buy and sell on the intra day trades :eek:.

I called them up and they confirmed . I thought it should be only one one side if its on the same day . isn't it so ?
ICICI charges only on one side .
So for PIB ,if it is 0.03 % one side ,its 0.06 % both the sides on the same day, more than ICICI :eek:

For one side brokerage, whats a minimum brokerages you guys are charged ? 0.01 % ,0.015 % ?
Click to expand...
 
R

ratan jain

Guest
#3
#3
sanx said:
Does PIB charge both buy and sell on the intra day trades :eek:.

I called them up and they confirmed . I thought it should be only one one side if its on the same day . isn't it so ?
ICICI charges only on one side .
So for PIB ,if it is 0.03 % one side ,its 0.06 % both the sides on the same day, more than ICICI :eek:

For one side brokerage, whats a minimum brokerages you guys are charged ? 0.01 % ,0.015 % ?
Click to expand...
If your volume is good enough they will go upto .01 each side and less
 
Prabhjeet

Prabhjeet

Well-Known Member
#4
#4
I myself am paying .012 on a single buy or sell transaction in Indiabulls
 
Prabhjeet

Prabhjeet

Well-Known Member
#7
#7
My broker didnt ask me for vols., the only condition is that I maintain a margin above RS.5 lac., THATS IT
 
S

Sats

Member
#8
#8
prabhjeetrana said:
I myself am paying .012 on a single buy or sell transaction in Indiabulls
Click to expand...
Prabhjeet,

You mean, u are paying .012% on either sell side or buy side? Which is just Rs.27 as a brokerage excluding taxes(assuming for 1 Lot of Nifty @4500... (50*4500*.012/100)=Rs.27

Thanks,
Sats.
 
S

Sats

Member
#9
#9
Sats said:
Prabhjeet,

You mean, u are paying .012% on either sell side or buy side? Which is just Rs.27 as a brokerage excluding taxes(assuming for 1 Lot of Nifty @4500... (50*4500*.012/100)=Rs.27

Thanks,
Sats.
Click to expand...
Prabhjeet,

Also let me know your TRADING COST (brokerages+all sorts of taxes) for 1 NF lot @ 4500...

Appreciate your response.

Sats.
 
Prabhjeet

Prabhjeet

Well-Known Member
#10
#10
Actually after including taxes, etc. the cost comes to 37 - 38 rs. though I must add that I am trading really heaavy vols. I trade around 30 lacs. per month
 
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