Please help regarding brokerage rate

#1
guys i m new in trading and i have ac with india infoline they give me intraday and future brokerage is 0.02% is it good or normal or bad please suggest me thanks in advance
 

Raju

Well-Known Member
#3
0.02 % means 2 paisa is it really hight for intraday ? if yes please suggest any other broker thanks in advance
Pradatta,

I would suggest you to prepare an excel and put/ask the broker for following charges

  1. Brokerage Calculate for 100/1Cr,Check for monthly unlimited scheme
    I suggest do not go for advance brokerage (like 25k package etc..)
  2. Stamp Duty (Check for brokers from Mumbai/Karnataka/Delhi/WB)
  3. STT
  4. TurnOver Charges
  5. Service Tax (On brokerage/clearing/turnover)
  6. Clearing Charges
  7. Sebi Fees
  8. AMC

Any other charges

You should prepare for Equity/Future/Options and then decide which broker would be as per your requirement

Following broker's could be thought of
  1. Zerodha (Bangalore)
  2. RKSV(Mumbai)
  3. SmartTradeOnline(Mumbai)
  4. Achiievers Equity Limited - Just for comparison :) Kolkata based
  5. RKGlobal -Have good plan of 999/- just for comparison..personal view,Kolkata based
  6. One broker in South India who is offering 999/- ...but not sure abt.his name,would let you know later.

Regards,
Raju
 

Similar threads