best fixed monthly plans

#2
achiieversequities - 500 rs per month
RKSV - 1947 rs per month
Smart trade online - 1899 rs per month

(2) and (3) are far more tested and reliable i guess. dont know really.....

ne other plans you know??????
 
#3
Smarttradeonline I reckon to be better because along with fixed monthly plan it is also offering Rs. 15/order...which is beneficial for people like us trading with a capital of 50-60000/...so if one makes only 50 orders in a month one would be only paying Rs. 750/...at the same time at RSKV if small traders like me go for a fixed plan I will need to pay Rs. 1947/ irrespective of the fact that I traded for only traders...so I think opting for Rs. 15/order is better for anyone whose trading is less than 130 orders in a month...effectively meaning less than 6 orders per day...and the Best part is lesser one trades in any month because of any reason one is always in more benefit compared with RSKV

Regards and Happy Trading:thumb:


ok got it...but the only reason i want a fixed monthly plan is that the cost of option trading is virtually 0....
+
u buy deep in the money options... thats equivalent to buying futures, n the brokerage+other charges is far less
 
#6
@debanjan:even if you are interested in buying only deep out of the money options...as long as you buy the options by ordering less than 130
orders for the same which effectively means approx. 6 orders /day and no. of trades per order may be more than 1...still Smarttradeonline scores over here...Only if you put more than 130 orders in a month then RSKV makes sense...anything less than that and you are better off with Smarttradeonline....

Regards and Happy Trading:thumb:
fair point....
as of now, will give it (Achiievers) a try. 500 per month... lets see...
my volumes are less but frequency of trading is more....as am a retail investor/trader...new to trading world
 
#7
Achievers Equity is yet to come up with its website also..I TRIED VISITING IT...IT says Website under construction...wait for some time...if you trade less why go for an entity which does not even have a website to give some comfort level...Thats the minimum expected of an entity which is into Internet based Trading....:thumb:
http://www.achiieversequitiesltd.com/

http://achiieversequitiesltd.com/index1.html

by the way i appreciate ur previous post...ur calculation is so perfect.... :)
 
#9
I have found another post by TIMEPASS in which various charges by Achievers is there the link is https://docs.google.com/open?id=0ByF...Fl6bHgycTJPaVk

From what I can get from this transaction charges are Rs. 390/crore in futures....correct me if I am incorrect...so it boils down to 150/crore more than Smarttradeonline per crore ....so for anyone whose volume is 2 crores difference is 300...for 5 crore difference is 750...and for 10 crores the difference is 1500/ effectively neutralizing the advatages of Rs. 500/month fixed brokerage for anyone who trades more than 8 crores approx. in a month....Still its a good offer indeed ..It basically depends on how much one's average monthly volume is..Anyone whose monthly volume is more than 9 crores its a costly deal compared with SMARTTRADEONLINE...for some one trading less than that...its cheaper...Thanks For the information...any idea which platform they use? is it NSENOW...:thumb:


hmmmm... may be you r correct.... when i asked the rm, whats my breakeven point in futures, he said 2.16 points approximately.... ideally it should be 1.6 points.....thats y have requested soft trader to post a futures slip.

they use nse now.
 

Similar threads