Brokerage Rates-ICICI Direct,Sharekhan,India Bulls,Geojit,5 Paisa

vel2k8 · #1 13th March 2006, 03:16 PM

Hi All,
Can any one of you please send me the list of brokerage and Demat charges with the above online trading service providers?

Thanks
Vel.

sharv · #2 13th March 2006, 09:37 PM

hi

surf thread dmat/brokerage etc

thanks

sharv

bhushan1954 · #3 17th June 2007, 09:19 PM

hello to everybody, i am new member in this community and do not know much abt the trading

Ashish Lodhi · #4 29th March 2008, 02:45 AM

Comparison between major brokerage firms

ICICI Securities HDFC Securities UTI Securities 5 Paisa (Indian Infoline) Indiabulls

Account Opening Charges Rs.750 Rs.750 Rs.600 Rs.750 Rs.500
Brokerage (%) Delivery Intraday Delivery Intraday Delivery Intraday Delivery Intraday Delivery Intraday
0.75 0.15 0.75 0.15 .80 .15 0.251 0.071 0.5 0.10
With all taxes and other charges per 100 0.92 0.19 0.92 0.19 0.97 0.19 0.87 0.12 0.64 0.12
Transaction Charges (selling) Rs.20 or 0.04% of transaction, whichever is more Rs.23 or 0.04% of transaction, whichever is more Rs.23 or 0.04% of transaction, whichever is more Rs.23 or 0.04% of transaction, whichever is more Rs.17
Exposure on Cash NIL 4 times NIL 4 times NIL NIL NIL NIL 2/4 times 12 times
Exposure on Securities NIL NIL NIL NIL 75% 0f the Market Value
Minimum Margin - - Rs.10,000 Rs.2,500 NIL
Annual Maintenance Charges Rs.350 Rs.500 Rs.250 Rs.300 NIL
Banking facility ICICI Bank HDFC UTI Bank - All Banks
Net Banking facility ICICI Bank HDFC UTI Bank - HDFC/ICICI/
Citibank
Charting NA NA NA Thru software2 Thru Software
Historical Data NA NA NA NA Available for the last 4-5 yrs & linked to the s/w
Intra day cut off time 3 pm 3 pm 3 pm 3 pm 3:10 pm
Relationship Manager N.A. N.A. NA NA Assigned to every client

* 1. The brokerage will be charged on the condition of Monthly fixed fee of Rs.800/- or Yearly Rs.8, 000/-. And whatever trading you did the brokerage will get deducted from this amount with the mentioned rate. I.e. you are require to trade approx volume of Rs.14, 00,000 per month to get the benefit of this already paid amount.

* 2. Only intraday[/SIZE][/SIZE][/SIZE]

playboy0667 · #5 29th March 2008, 10:18 PM

Simply the best in all one & only one 5Paisa

nirmalk_p · #6 31st March 2008, 11:02 PM

Quote:

Originally Posted by Ashish Lodhi

Comparison between major brokerage firms

ICICI Securities HDFC Securities UTI Securities 5 Paisa (Indian Infoline) Indiabulls

Account Opening Charges Rs.750 Rs.750 Rs.600 Rs.750 Rs.500
Brokerage (%) Delivery Intraday Delivery Intraday Delivery Intraday Delivery Intraday Delivery Intraday
0.75 0.15 0.75 0.15 .80 .15 0.251 0.071 0.5 0.10
With all taxes and other charges per 100 0.92 0.19 0.92 0.19 0.97 0.19 0.87 0.12 0.64 0.12
Transaction Charges (selling) Rs.20 or 0.04% of transaction, whichever is more Rs.23 or 0.04% of transaction, whichever is more Rs.23 or 0.04% of transaction, whichever is more Rs.23 or 0.04% of transaction, whichever is more Rs.17
Exposure on Cash NIL 4 times NIL 4 times NIL NIL NIL NIL 2/4 times 12 times
Exposure on Securities NIL NIL NIL NIL 75% 0f the Market Value
Minimum Margin - - Rs.10,000 Rs.2,500 NIL
Annual Maintenance Charges Rs.350 Rs.500 Rs.250 Rs.300 NIL
Banking facility ICICI Bank HDFC UTI Bank - All Banks
Net Banking facility ICICI Bank HDFC UTI Bank - HDFC/ICICI/
Citibank
Charting NA NA NA Thru software2 Thru Software
Historical Data NA NA NA NA Available for the last 4-5 yrs & linked to the s/w
Intra day cut off time 3 pm 3 pm 3 pm 3 pm 3:10 pm
Relationship Manager N.A. N.A. NA NA Assigned to every client

* 1. The brokerage will be charged on the condition of Monthly fixed fee of Rs.800/- or Yearly Rs.8, 000/-. And whatever trading you did the brokerage will get deducted from this amount with the mentioned rate. I.e. you are require to trade approx volume of Rs.14, 00,000 per month to get the benefit of this already paid amount.

* 2. Only intraday[/SIZE][/SIZE][/SIZE]

Thanks Ashish,

The table is very helpful. I am thinking of opening an account with Indiabulls or 5paisa. One quick question though, In 5paisa for delivery you said its 0.251% but with tax and other charges its 0.87%. I dont understand what charges and taxes are making .251% to .87%. Can someone break it down?

Thanks in advance,
Nirmal

kush soni · #7 3rd April 2008, 10:42 PM

Hi Nirmal,

Unicon giving you .02 for intra and .20 for delivery... check it out and some free DMAt and Trading account too

emoney2 · #8 6th April 2008, 10:51 PM

As I have read about all the brokerages houses but no one has written about the Sharekhan online trading platform, I'm giving you a quick & brief details about charges of Sharekhan:

Account opening Charges: NIL,
Brokerage: Normal, 0.30 and 0.03% for delivery and intraday
DP transaction Charges: NIL
Annual Maintance Charges: Rs.300/year from 2nd year
Any Hidden Charges : NO
SOme Advantages of Sharekhan Online Trading Account:
You can get live rate of approx. 100 companies of your choice for free
Very effective risk Management,
Website never goes down during the trading hours
You have an advantage to place order through Online, From Local office of Sharekhan in your city and by dialing a Toll Free number at HO.
SHares directly goes to your Demat Account.

Where as few of the brokers mentioned in the messages I have read does not have the DP of there own.

I hope you all will visit the Sharekhan website www.sharekhan.com before opening an account with other broekrs.

bye

Northie · #9 23rd April 2008, 08:21 PM

Quote:

Originally Posted by emoney2

As I have read about all the brokerages houses but no one has written about the Sharekhan online trading platform, I'm giving you a quick & brief details about charges of Sharekhan:

Account opening Charges: NIL,
Brokerage: Normal, 0.30 and 0.03% for delivery and intraday
DP transaction Charges: NIL
Annual Maintance Charges: Rs.300/year from 2nd year
Any Hidden Charges : NO
SOme Advantages of Sharekhan Online Trading Account:
You can get live rate of approx. 100 companies of your choice for free
Very effective risk Management,
Website never goes down during the trading hours
You have an advantage to place order through Online, From Local office of Sharekhan in your city and by dialing a Toll Free number at HO.
SHares directly goes to your Demat Account.

Where as few of the brokers mentioned in the messages I have read does not have the DP of there own.

I hope you all will visit the Sharekhan website www.sharekhan.com before opening an account with other broekrs.

bye

dude sharekhan is charging 0.05% on intraday even after I have paid for AMC 6000.

mukeshsingh · #10 26th April 2008, 05:49 PM

hi all,

it's good discussion going on, ppl it's proved indiainfoline(5paisa) trader terminal advance is presently most advanced and user friendly platform. it's interface are better than odin & it's charge are lesser than any other competior, so any one from mumbai want's the free demonstration plz feel free to contact on 9833351635(mukesh singh)

Rgds,

Mukesh Singh
Relationship manager(HNI Desk)
indiainfoline
9833351635

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The Following User Says Thank You to Northie For This Useful Post:
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