Is this brokerage reasonable?

#1
Hi,
my broker Indiainfoline says he will charge me Rs.45/- for intraday (22.50 for buying and 22.50 for selling) for mini nifty at 5100 level ( including taxes). He said that as nifty value changes, brokerage will change.
Is it ok?

Also, I was going to pay Investbulls today for six months but see they say their server is crashed. This got me worried as to whether I should go for it. Do you think they will be able to resume their services properly?

Thank you.


(I shouldve posted it in this section, but I posted in day-trading. Re-posting here)
 
#2
Hi,
my broker Indiainfoline says he will charge me Rs.45/- for intraday (22.50 for buying and 22.50 for selling) for mini nifty at 5100 level ( including taxes). He said that as nifty value changes, brokerage will change.
Is it ok?

Also, I was going to pay Investbulls today for six months but see they say their server is crashed. This got me worried as to whether I should go for it. Do you think they will be able to resume their services properly?

Thank you.


(I shouldve posted it in this section, but I posted in day-trading. Re-posting here)
No it is not ok.In fact it is incredibly expensive.Look around,there are guys who are much less expensive.And charging you for both legs (buy and sell) in intraday is highway robbery.Almost everybody charges just one leg,usually sell though Religare charges only on buy.
 
#3
Hi,
my broker Indiainfoline says he will charge me Rs.45/- for intraday (22.50 for buying and 22.50 for selling) for mini nifty at 5100 level ( including taxes). He said that as nifty value changes, brokerage will change.
Is it ok?

Also, I was going to pay Investbulls today for six months but see they say their server is crashed. This got me worried as to whether I should go for it. Do you think they will be able to resume their services properly?

Thank you.


(I shouldve posted it in this section, but I posted in day-trading. Re-posting here)
I feel the rate is very reasonable if it includes STT, ST also. Unless you do huge volumes, difficult to get lower brokerage.