Frustratd wid brokers

#1
i trade in F N O
m frustratd wid RK bajaj RM IB VENTURA

RK worst tech support n sudden breakdown

Bajaj coz it hs put lot of constraints n just strtd unrealistic brokerage rates wich deyd nt deserve

RM wht 2 say....abt it....Worst

IB highest Brokerage

VENtura chnged all plans nw...

want to strat wid new broker wid new financial Year...
Nw i dono wht broker shld i go for....or tired of findin ne... Need a quick advise....need cheap broker for FNO Trading...
 
#2
if you want low brokerage then relience . capital.......because you do not like rk global and bajaj capital....you can also consider angel broking..............my broker is indiabulls ...
 

nac

Well-Known Member
#4
want to strat wid new broker wid new financial Year...
Nw i dono wht broker shld i go for....or tired of findin ne... Need a quick advise....need cheap broker for FNO Trading...
If not RKG, Bajaj. who would give cheaper than these broking house???

You haven't tried share khan yet, I really doubt share khan when you ask for cheap brokerage.
What about religare, India Infoline?
If negotiate well, you could get .01% from Angel, I guess.

Somebody who got tried many brokers should come here and give a solution. Anybody???
 

pkgmtnl

Well-Known Member
#5
i trade in F N O
m frustratd wid RK bajaj RM IB VENTURA

RK worst tech support n sudden breakdown

Bajaj coz it hs put lot of constraints n just strtd unrealistic brokerage rates wich deyd nt deserve

RM wht 2 say....abt it....Worst

IB highest Brokerage

VENtura chnged all plans nw...

want to strat wid new broker wid new financial Year...
Nw i dono wht broker shld i go for....or tired of findin ne... Need a quick advise....need cheap broker for FNO Trading...

Go wid RK GLOBAL:----------best for FnO
or Angel Broking, they can give u 0.01 & 0.1 brokerage, and SMC also
If u dnt find any brokers agreeing to this much brokerage,
let me know
 

trader.trends

Well-Known Member
#7
Low brokerage results is bad service as a corollary. Brokerage which charge a little steeper like Indiabulls etc give good service.

My two paisa worth would be settle for a broker with good service and focus in trades. What makes you real money is the trading strategy that you have and the discipline that you can bring to implement the trading strategy. Too much focus on brokerages, other costs etc take you away from your goal of making money in the market.

If you are trying to make money by reducing the brokerage, then you are looking at the business from the wrong angle. Every business has a cost. Brokerage is the cost of this business. Devote only that amount of time and energy to get an efficient broker. Beyond that the mkt should be screaming for your attention.
 
#8
i'am high volume day trader...take it from RK GLOBAL is good...always have minimum 512kbps speed and install odin...they'll do it thru remote monitoring...believe me finest updation - lowest brokerage...all in all good...


i trade in F N O
m frustratd wid RK bajaj RM IB VENTURA

RK worst tech support n sudden breakdown

Bajaj coz it hs put lot of constraints n just strtd unrealistic brokerage rates wich deyd nt deserve

RM wht 2 say....abt it....Worst

IB highest Brokerage

VENtura chnged all plans nw...

want to strat wid new broker wid new financial Year...
Nw i dono wht broker shld i go for....or tired of findin ne... Need a quick advise....need cheap broker for FNO Trading...
 
#9
Right now i operate 28 a/c's with 28 broking firms...u name it and have an a/c there...truly till now Rk global is good ...wat is customer service???after installing odin and have minimum 512 kbps and run registries regularly--u'll not get any problem with whichever broker u do...all my 28 a/c's are active with various firms still i prefer rkglobal...


If not RKG, Bajaj. who would give cheaper than these broking house???

You haven't tried share khan yet, I really doubt share khan when you ask for cheap brokerage.
What about religare, India Infoline?
If negotiate well, you could get .01% from Angel, I guess.

Somebody who got tried many brokers should come here and give a solution. Anybody???
 
#10
Low brokerage results is bad service as a corollary. Brokerage which charge a little steeper like Indiabulls etc give good service.

My two paisa worth would be settle for a broker with good service and focus in trades. What makes you real money is the trading strategy that you have and the discipline that you can bring to implement the trading strategy. Too much focus on brokerages, other costs etc take you away from your goal of making money in the market.

If you are trying to make money by reducing the brokerage, then you are looking at the business from the wrong angle. Every business has a cost. Brokerage is the cost of this business. Devote only that amount of time and energy to get an efficient broker. Beyond that the mkt should be screaming for your attention.
Brokerage is important. For eg. with icicidirect if u buy stocks worth 10 lacs
u have to pay Rs.750 + service tax per lac which is Rs8272 for 10 lacs whereas with RMoney if u pay Rs1000 u can buy 10 lacs stocks in cash and 90 lacs margin trading is still left for u. ie around 34 trades of nifty. With Icici u have to pay another 3400. So where is 1000 and 11672. U are losing almost Rs10000/- when u trade with icicidirect!!