account opening

#1
i am basic trader.now brokerage is(0.05&0.50) indiabulls.i want to change my trading account.which is cheapest brokerage without any prepaid system.pls help me.chennai.
 

bunny

Well-Known Member
#2
Instead of going for branded brokers or their franchises/sub-broker, there are many who are unbranded and offer lower brokerage. I know a broker in Thane East who is offering 3 paisa intraday single day without any advance or commitment of turnover. But beware of the downside, they do not have full range of services.

Therefore, stay with a slightly expensive broker if you expect to be served good.

And if your volume is great, there is a great chance that your existing broker will himself reduce the brokerage. I know a member here who got brokerage of 1 paisa from India Bulls, but bear in mind that he has great volumes and it makes good money for the broker too.
 
#5
u can try in india infoline they charge 0.20 and 0.02 for intra day and if u have volume u can try 0.10 and 0.01 also


i am basic trader.now brokerage is(0.05&0.50) indiabulls.i want to change my trading account.which is cheapest brokerage without any prepaid system.pls help me.chennai.