Hello
I just wanted to know why are people paying:
such high "Transaction charge".
As per my understanding and conversation:
"Transaction charge is as per MCX Member volumes."
Now, why should you pay as per the lowest tier of turnover while the Broking company/MCX-Member will pay possibly the highest tier of turnover?
Just to clarify, I have no problem with declared brokerage(high or low) but the way this charge is portrayed is that this is being paid to the exchange.
Just wanted to know your opinions and possibly a few broker reps can chime in.
I just wanted to know why are people paying:
such high "Transaction charge".
As per my understanding and conversation:
"Transaction charge is as per MCX Member volumes."
Now, why should you pay as per the lowest tier of turnover while the Broking company/MCX-Member will pay possibly the highest tier of turnover?
Just to clarify, I have no problem with declared brokerage(high or low) but the way this charge is portrayed is that this is being paid to the exchange.
Just wanted to know your opinions and possibly a few broker reps can chime in.
