Account opening with indiabulls

Account opening with indiabulls


I need to open the account with INDIABULLS. Any body please tell me the following details.

1. How much brockage for intraday trading.
2. How much exposure margin provide for intraday equity trading.
3. Is mobile trading site is available for trading. like buy and sell orders.

Please replay

Indiabulls


Intraday-0.03%
Delivery -0.3%


Req.Margin for intraday-8.3%.


Mobile trading website is Available...

Inspite of this you can bargain for brokerage if you are paying less brokerage to other broker or if your volume is high.

it may be reduced to 0.02 % and 0.2% even to 0.01% and 0.1%

Recently opened an account with indabulls.
They are charging 0.10 paisa for intraday ( Rs. 100.00 on Rs. 1 Lac )
They Promised to reduce after first few trades.

How much should I bargain for , my daily volume is nearly 1.5-2 lac and will soon be increasing to well above 10 lac once i put more money and get brokerage reduced.

-Vidyan Singh

10 paisa per rs 100 for interaday means max of your profit will be engulffed by brokerage , max you must get is 5 paisa , just bargain with indiabulls if nothing happens go with another broker. Your should bebrokerage to 2 paisa for interday and 20 paisa for delivery.

Oh My God !!! that is actually too too much for intraday trading. These days with these volumes you can get 3 paisa per 100 rs transaction. Negotiate with them otherwise there wont be much benifit from day trade.
Also, i just wanted to know is indiabulls terminal fast and reliable for day trading. I am using IIFL trade terminal and many time when heavy buying / selling is going on it simply fails to execute order. I heard indiabulls in good in that way , so was thinking IB as an option. But the brokerage is too too high.

wat is a\c opening charges for trading and demat a\c in india bulls

The platform is the best for order execution and real time quotes. Just ensure the brokerage slab you get is decent (0.03% or lower).
Rs 900.

PIB terminal is very good and fast. Order execution is almost instantaneous if Market Orders are put. Very rarely it disconnects from server but can be reconnected easily with one click.
There brokerage is good, its just that mine was totally new account with very low initial balance, they promised to immediately reduce the brokerage once I start trading and put few thousands more money.

I wanted to know what is brokerage others are offering. Almost all offer 0.03 Paise but I am looking to trade heavily , so i enquired what is the lowest brokerage I should bargain for with volumes around >10 lac daily.

Indeed. PIB is excellent, fast. Regarding brokerage, Pl. check up whether they have brokerage scheme. They reduce brokerage based on volumes. I do not think any has any regret so far as PIB is concerned.