Traderji.com


interactive broker

Discuss interactive broker at the Brokers & Trading Platforms within the Traderji.com; below are the charges from IB... can someone please explain these with example 2.5bps intraday ...


Go Back   Traderji.com > TOOLS & RESOURCES > Brokers & Trading Platforms

Brokers & Trading Platforms Talk about Brokers and Trading Platforms here.


Reply
 
Thread Tools
  #1  
Old 13th July 2010, 06:34 PM
Member
 
Join Date: Jul 2009
Posts: 15
Thanks: 2
Thanked 1 Time in 1 Post
manishma71 is on a distinguished road
Default interactive broker

below are the charges from IB... can someone please explain these with example

2.5bps intraday
if i buy 1 stock of 1000 rs. how much the brokerage will be?

5 bps delivery
if i buy 1 stock of 1000 rs. how much the brokerage will be?


rs 60 per contract
if i buy i lot of 5000 call at 100, how much the brokerage will be?

3.5 bps future
if i buy nifty(50) at 5000, how much the brokerage will be?


Advertisements

Reply With Quote
Advertisements
  #2  
Old 13th July 2010, 11:05 PM
Member
 
Join Date: Jul 2009
Posts: 15
Thanks: 2
Thanked 1 Time in 1 Post
manishma71 is on a distinguished road
Default Re: interactive broker

mr vivek, plz answer the question else dont reply... no need to advertise here plz
Reply With Quote
  #3  
Old 14th July 2010, 08:20 AM
vinodkiyer's Avatar
Member
 
Join Date: Feb 2009
Posts: 352
Thanks: 335
Thanked 417 Times in 202 Posts
vinodkiyer is just really nicevinodkiyer is just really nicevinodkiyer is just really nicevinodkiyer is just really nicevinodkiyer is just really nice
Default Re: interactive broker

1 basis point (1 bps) = 0.01% - calculate yourself
Reply With Quote
  #4  
Old 14th July 2010, 12:23 PM
kaushikbanerjee's Avatar
Member
 
Join Date: Jul 2008
Location: Kolkata
Posts: 219
Thanks: 42
Thanked 110 Times in 77 Posts
kaushikbanerjee will become famous soon enoughkaushikbanerjee will become famous soon enough
Default Re: interactive broker

Quote:
Originally Posted by manishma71 View Post
below are the charges from IB... can someone please explain these with example

2.5bps intraday
if i buy 1 stock of 1000 rs. how much the brokerage will be?

5 bps delivery
if i buy 1 stock of 1000 rs. how much the brokerage will be?


rs 60 per contract
if i buy i lot of 5000 call at 100, how much the brokerage will be?

3.5 bps future
if i buy nifty(50) at 5000, how much the brokerage will be?
1 bps = 0.01% thus 5 bps = 0.05%.
I dont think IB will charge 0.05% for Delivery transactions. It may be 50 bps.
Give the link please where this brokerage structure is written.
Reply With Quote
  #5  
Old 14th July 2010, 05:14 PM
Member
 
Join Date: Jul 2009
Posts: 15
Thanks: 2
Thanked 1 Time in 1 Post
manishma71 is on a distinguished road
Default Re: interactive broker

thanks kaushik.

i talked to their customer care executive, he has given this info..

their contact number is mentioned at link:


http://www.interactivebrokers.co.in/...e&ib_entity=in


i have also attached the screen shot which specifies that its 0.05% ie 5bps

Advertisements

Attached Images
File Type: bmp ib.bmp (52.5 KB, 38 views)
Reply With Quote
The Following User Says Thank You to manishma71 For This Useful Post:
kaushikbanerjee (14th July 2010)
Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT +5.5. The time now is 03:11 PM.

Indemnity, Disclaimer & Disclosure Notice:
By visiting Traderji.com you automatically indicate that you agree to our Forum Rules, Indemnity, Disclaimer & Disclosure Notice and General Content Disclaimer Notice and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum/site.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. You are recommended to make appropriate enquiries and seek appropriate advise before sending money, incurring any expenses, acting on recommendations or entering into any commitment in relation to any advertisement published here. Traderji.com does not vouch for any claims made by the advertisers of products and services. Traderji.com will not be held liable for any consequences in the event such claims are not honoured by the advertisers. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of any information by anybody mentioned anywhere on this site.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy or legality of any information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. Although we constantly delete all irrelevant content and/or SPAM, if you should find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © www.Traderji.com 2001 - , All rights reserved.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70