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Pls tell me whether this rate is okay or not.

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Old 11th May 2009, 10:38 PM
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Post Pls tell me whether this rate is okay or not.


hi guys,

I am currently trading with RELIANCE MONEY. Since they dont have a good trading platform which supports intraday trading, I am planning to change the broker.

My average daily volume is more than 40 lakhs and am trading in nifty futures.

INDIA BULLS has offered me 0.01% per leg for trading in futures.

Do you think this is a good rate? Is there is a chance to bargain for a lesser rate? Please advice..................

btw, current SERVICE TAX rate is 12.24% and it is charged on brokerage + other transaction costs......Right????????
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Old 11th May 2009, 11:03 PM
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Default Re: Pls tell me whether this rate is okay or not.

I think its good. But not sure because I dont trade futures


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