Zerodha....
- Thread starter bharath.mang
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- Tags bakwaas now cheapest brokerage nest nest plus new broker zerodha zerodha trader
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Can somebody please enlighten me how Zerodha provides cheaper trading costs?
I plan on trading 20 contracts of Nifty futures intraday, RKG offers Rs 9 per lot which works out to
95*20 = Rs 1900 per trade (in and out)
Whereas, Zerodha based on their brokerage calculator, works out to Rs 1829.
Since, other fees (STT, Education cess, stamp duty and such) are the same, the only difference is brokerage charged??
For 20 FUTIDX contracts,
RKGlobal -> 20*9 = Rs 180
Zerodha ->20+20= Rs 40
What am I missing? Please enlighten?
Thanks in advance
I plan on trading 20 contracts of Nifty futures intraday, RKG offers Rs 9 per lot which works out to
95*20 = Rs 1900 per trade (in and out)
Whereas, Zerodha based on their brokerage calculator, works out to Rs 1829.
Since, other fees (STT, Education cess, stamp duty and such) are the same, the only difference is brokerage charged??
For 20 FUTIDX contracts,
RKGlobal -> 20*9 = Rs 180
Zerodha ->20+20= Rs 40
What am I missing? Please enlighten?
Thanks in advance
RKG charges 9 per LOT and Zerodha charges 20 per TRADE.
The distinction between LOT and TRADE is to made here.
If you trade 20 lots in a go ,RKG charges 9*20=180 but Zerodha
charges 20/- since one trade is involved.
If you are trading less than 3 lots not in a go RKG is cheaper ,otherwise
Zerodha is cheaper.
The distinction between LOT and TRADE is to made here.
If you trade 20 lots in a go ,RKG charges 9*20=180 but Zerodha
charges 20/- since one trade is involved.
If you are trading less than 3 lots not in a go RKG is cheaper ,otherwise
Zerodha is cheaper.
Hi,
Is is possible to short stocks and carry that position overnight or for a few days???.. For example lets say i have about rs 2000 in my account and i want to short stocks worth about rs 1300.00 and carry it over for a few days can it be done if so can u please tell me how to do it as I am getting a order rejected statement each time..
Thank you
Is is possible to short stocks and carry that position overnight or for a few days???.. For example lets say i have about rs 2000 in my account and i want to short stocks worth about rs 1300.00 and carry it over for a few days can it be done if so can u please tell me how to do it as I am getting a order rejected statement each time..
Thank you
Hi KP, the difference is:
When you buy and sell 20 lots , you are paying 180 rs buying and 180 rs selling, u pay 360 and you pay 10% of this as service tax(Rs 36)... .
When you buy and sell with us, you Pay 20 +20, Rs 40 and service tax of Rs 4....
So basically the service tax you pay with RKG on your brokerage would be all the brokerage you will be paying with us.. .
Cheers...
When you buy and sell 20 lots , you are paying 180 rs buying and 180 rs selling, u pay 360 and you pay 10% of this as service tax(Rs 36)... .
When you buy and sell with us, you Pay 20 +20, Rs 40 and service tax of Rs 4....
So basically the service tax you pay with RKG on your brokerage would be all the brokerage you will be paying with us.. .
Cheers...
I wonder how many people are busy trying to hack your account after you have mentioned your account number on a public forum.
STD now costs 50 paise per minute. Why not spend 2 rs and call and ask? instead of giving account numbers on forum.
Talk about saving money! Zerodha has some big penny pinchers with them too
STD now costs 50 paise per minute. Why not spend 2 rs and call and ask? instead of giving account numbers on forum.
Talk about saving money! Zerodha has some big penny pinchers with them too
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