Is IIFL charting good or .......?????

#1
Hello,
I'm not an expert in technicals, but I need a good Broker software to trade. Is IIFL charting and technicals are good? Or you have any suggestion regarding this like Sharekhan or Angel or Ventura. I'm starting off with 30K. ShareKhan is comparitively costlier.


IIFL has offered me
Inraday- .05% on buy and .05% on sell and exposure at 5 to 10 times.
Delivery-.25% and margin upto 3 times in delivery

I'm worried about charting and indicators I have taken a Demo account and i felt good but not the best. You have any other suggestions like Sharekhan or Nest Plus......

Thank you


Regards,
XtreMe
 

nac

Well-Known Member
#2
Are you saying that Sharekhan charges higher than 5 paise brokerage?

Negotiate with sales rep/RM, you can very well get 3 paise brokerage or better. In my view, Sharekhan's TT is better than IIFL's TT.
 
#3
Thanks for reply..

They are charging .1% on buying and .1% on selling intraday.... and delivery at .5%
I have only Capital of 30000 INR. How best can i negotiate...
 

pakatil

Well-Known Member
#4
When others are offering 0.01 % on intraday, 0.1 % on Delivery without any Turnover commitment, why this penchant old Bandicoots......:D
 
#5
but they dont provide technical charts in the software.... that is why they are charging such prices.. and they are industry leaders and has a good brand image......
 

soft_trader

Well-Known Member
#9
I would suggest you to go with Sharekhan and Zerodha/VNS. Just open sharekhan for charting. No need to trade with them. Trade with Zerodha or VNS (Smart trade online) 0.007% plan, that too without any volume commitment.

I consider anything above 0.01% intraday to be costly. With Rs. 30K you can definitely negotiate with Sharekhan to provide you 0.02% brokerage. I had negotiated with them to 0.02% with 20K as margin. :)
 

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