Can anyone give ballpark brokerage figures for high volume NIFTY intraday trading?
Let us say we consider following slabs:
1 Cr/day
5 Cr/day
10 Cr/day
20 Cr/day
This is intraday trading, that is you are flat at the end of the day, so if some brokers allow lower brokerage for squaring off the position, that would be advantageous as well.
On a related note how does RMoney afford to give ~0.004% brokerage rate? (6Cr for 2500 Rs). Any other broker seems to be at least 2.5 times more expensive.
Let us say we consider following slabs:
1 Cr/day
5 Cr/day
10 Cr/day
20 Cr/day
This is intraday trading, that is you are flat at the end of the day, so if some brokers allow lower brokerage for squaring off the position, that would be advantageous as well.
On a related note how does RMoney afford to give ~0.004% brokerage rate? (6Cr for 2500 Rs). Any other broker seems to be at least 2.5 times more expensive.