which brokerage firm takes less brokerage and gives high margin

Hi all,

I have been using icici direct since from 5 months.......but they really sucks all my profits were going to them because i am doing the scalp trading the only reason i am sticking in to them is because of high leverage offered by them...

So i wanted to start this thread and let the experienced traders to give some of the details like brokerage firm that charges less cost and gives the higher leverage.Please give the details of the same and help the new bies like me enter in to the financial jungle

Hey i was using ICICI direct recently however i switch to sharekhan due to high brokerage from ICICI Direct which is exorbitant. I advice to use sharekhan its a fine brokerage house. You can negotiate brokerage with sharekhan they offer competitive brokerage and good platform like trade tiger and fast trade.

thanks for the reply......

i have opened an account with share khan recently but still trying to find out some more good brokerage firms which can offer low brokerage and higher leverage.....and i found thet angel broking is good interms of both when compared with icici and share khan....


any ideas about that

My experience with sharekhan is benign both angel and sharekhan offer competitive brokerage beside sharekhan give you trade platform to trade online without installing software anywhere in the world which is missing in angel.

Sharekhan research option are quiet intriguing. I don't have any experience with angel broking however one of my friend use it and he discover that search of angle is fine. Every person have different opinion based on there experience with various brokerage companies. I suggest you do profound study before you make finally decision. I will suggest open account on both and discern which of them provide better services.

Hi thanks for the reply,

Its worth a lot listening your suggestions.As you said before i have decided to open the account in both share khan and angel broking and opened sharekhan already and probably today i may go to angel broking.Lets see which one suits me best interms of that.


Thanks,

saw one advertisement in business line; Trade 10 lots of NIFTY25,000.I have received simillar SMS(2500 to 5000/lot) from one brokerage house.I think I can not give contact number as it may violate forum rules.