Hi guys,
I recently opened account with angelbroking, with Rs.25,000/- they offered me 0.025 % brokerage.
i traded a few time but i did not calculated, how much they charged me(brokerage/taxes).
today i traded minifty short 40 @ 5645.45 and bought 40 @5640.
with this the total trade amount was Rs.4,51,418/-. and brokerage would be Rs.112.86. so the profit was 40 x Rs.5.45 = Rs.218, so after brokerage i should be left with Rs.105.14, i logged into angel backoffice website to see how much taxes etc. they charged me, then i saw all i was left with was Rs.58.53 as proft.
screenshots of the trade and angel backoffice:
Uploaded with ImageShack.us
Uploaded with ImageShack.us
Uploaded with ImageShack.us
i got trade sms : which says that i bought 40 at 5640 and sell at 5646.
now is this fair
I recently opened account with angelbroking, with Rs.25,000/- they offered me 0.025 % brokerage.
i traded a few time but i did not calculated, how much they charged me(brokerage/taxes).
today i traded minifty short 40 @ 5645.45 and bought 40 @5640.
with this the total trade amount was Rs.4,51,418/-. and brokerage would be Rs.112.86. so the profit was 40 x Rs.5.45 = Rs.218, so after brokerage i should be left with Rs.105.14, i logged into angel backoffice website to see how much taxes etc. they charged me, then i saw all i was left with was Rs.58.53 as proft.
screenshots of the trade and angel backoffice:
Uploaded with ImageShack.us
Uploaded with ImageShack.us
Uploaded with ImageShack.us
i got trade sms : which says that i bought 40 at 5640 and sell at 5646.
now is this fair