Pls tell me whether this rate is okay or not.

#1
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????????