Views about Anand Rathi

N

nithingujjar

New Member
#1
#1
Hi,
I use hdfcsec for trading shares, but since its online its slow. Also the brokerage is 0.05% for delivery.Usually I take delivery when I buy shares.
I want to shift to Anand Rathi since it's near my home. Also I want desktop software to trade since web based is slow and also since my turnover is about 15-20lacs per month I want cheapest brokerage.
I have a option of paying Rs.4500 advance for brokerage,no annual charges or demat/trading account creation charges. 0.02% for delivery.
Please let me know what you think ? also is there a better option for my requirement.
 
M

manideep

New Member
#3
#3
nithingujjar said:
Hi,
I use hdfcsec for trading shares, but since its online its slow. Also the brokerage is 0.05% for delivery.Usually I take delivery when I buy shares.
I want to shift to Anand Rathi since it's near my home. Also I want desktop software to trade since web based is slow and also since my turnover is about 15-20lacs per month I want cheapest brokerage.
I have a option of paying Rs.4500 advance for brokerage,no annual charges or demat/trading account creation charges. 0.02% for delivery.
Please let me know what you think ? also is there a better option for my requirement.
Click to expand...
hello nithinn gujjar..dis is manideep from andhra pradesh..i also wnted to enter this online trading feild...im very much interested in this..i wanted to know abt this..but i dont know anything...i read ur post..i want to know abt this..how r u doing 15-20 lakh busioness per mnth and all...plz help me out sir...ill b waiting for ur reply..my mail id is [email protected]ng u in advance...
 
N

nithingujjar

New Member
#4
#4
Hi Mani,
Nice to know you are interested in trading.I am into trading since Jan,I have been using hdfcsec since then.Its web based trading. If you are not into intra day then you can do with web based software,but if you spend lot of time in trading and do a lot many transactions then you must use desktop software given by broking companies cause it is fast and responds quickly.

Regarding the 15-20 laks ,its turn over,if you have 1 lak and buy and sell 4-5 times your turnover becomes 8-10 lacs.So if you do a lot of volume then search for cheaper brokerage rates.
 
bunny

bunny

Well-Known Member
#5
#5
Prepaid brokerage / advance brokerage / discount brokerage schemes

If you have high turnover volumes, then you can have very less brokerage. here is the prepaid brokerage scheme:
 
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