Discount Broker Comparison

headstrong007

----- Full-Time ----- Day-Trader
From Fyers One
We can buy/sell directly from advanced charts like PI, but platform don't hangs easily like PI.
Many Live scanners & technical screeners.
More..we can track the latest bulk deals, block deals and delivery data FII & DII Activities.
many more..

Trailing Stop Loss & Bracket Order available with their mobile platform..
 

vijkris

Learner and Follower
Add on for few..(personal view)...
If u r trading 30-50-100 lots or more. Then lost connectivity of terminal, OMS stopped for few hours can cost us much more..

Go for,
https://www.fyers.in/fyers-one/
this is one of the most stable and advanced platform, but ready to pay higher...
Equity Futures 0.01% or ₹100 per order (whichever is lower)
Equity Options ₹10 per lot or ₹100 per order (whichever is lower)

Rs 100 per order is also discount broker, if u r trading 30-50-100 lots..:)
0.01 or rs 100 whichever is lower na.?
So if I buy 10 eq shares then 0.01 will be charged right which is same as Z?
myself need nest to pull data for ami, Still for a reliable platform ready to leave Z , still its nest can be used I think as quotes get updated somehow.
 

cloudTrader

Well-Known Member
0.01 or rs 100 whichever is lower na.?
So if I buy 10 eq shares then 0.01 will be charged right which is same as Z?
myself need nest to pull data for ami, Still for a reliable platform ready to leave Z , still its nest can be used I think as quotes get updated somehow.
I am using both RKSV & TSO in the Discount Broker list and both are quite good in providing service.

TSO seems slightly expensive in discount broker's stream but their service is good.
 

headstrong007

----- Full-Time ----- Day-Trader
0.01 or rs 100 whichever is lower na.?
So if I buy 10 eq shares then 0.01 will be charged right which is same as Z?
myself need nest to pull data for ami, Still for a reliable platform ready to leave Z , still its nest can be used I think as quotes get updated somehow.
Yes, for intraday equity 0.01 or rs 100 whichever is lower.

see more details..

https://www.fyers.in/pricing

Equity Delivery 0.1% or ₹100 per order (whichever is lower)
Equity Intraday 0.01% or ₹100 per order (whichever is lower)
Equity Futures 0.01% or ₹100 per order (whichever is lower)
Equity Options ₹10 per lot or ₹100 per order (whichever is lower)
Currency Futures 0.01% or ₹100 per order (whichever is lower)
Currency Options ₹10 per lot or ₹100 per order (whichever is lower)

Brokerage is a bit higher if u trade fewer lots.. But it has something extra for options trader...advanced oi tracker, live Option Greeks etc.
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Yes fyers-one need little higher config PC.. but not much.
It is perfectly running on my 6yr old 2011 pc.. Intel Core i3 3.1Ghz, 8gb Ram, 64 bit Win 8.1. dual 1080p monitor...
 

kaly422000

Well-Known Member
I am using both RKSV & TSO in the Discount Broker list and both are quite good in providing service.

TSO seems slightly expensive in discount broker's stream but their service is good.
0.007 and .07 . is it expensive? most suitable for low volume trader and delivery trader . problem is no levarage for delivery. sud give time after take delivery , for 1-2 days.
but web based access not working in my system.
just open an account still to test order management ,cancel, modify or execution etc
 

vijkris

Learner and Follower
0.007 and .07 . is it expensive? most suitable for low volume trader and delivery trader . problem is no levarage for delivery. sud give time after take delivery , for 1-2 days.
but web based access not working in my system.
just open an account still to test order management ,cancel, modify or execution etc
0.007 is less than 0.01 offered by zerodha and others.
 

cloudTrader

Well-Known Member
0.007 and .07 . is it expensive? most suitable for low volume trader and delivery trader . problem is no levarage for delivery. sud give time after take delivery , for 1-2 days.
but web based access not working in my system.
just open an account still to test order management ,cancel, modify or execution etc
0.007 is less than 0.01 offered by zerodha and others.
Actually Brokerage is on the lower side but when we compare the Transaction charges the total cost of the trade goes up with them.

Not that too high but still when we are working with higher number of lots of Options, the total cost plays a good role.
 

vivektrader

In persuit of financial independence.
Yes, for intraday equity 0.01 or rs 100 whichever is lower.

see more details..

https://www.fyers.in/pricing

Equity Delivery 0.1% or ₹100 per order (whichever is lower)
Equity Intraday 0.01% or ₹100 per order (whichever is lower)
Equity Futures 0.01% or ₹100 per order (whichever is lower)
Equity Options ₹10 per lot or ₹100 per order (whichever is lower)
Currency Futures 0.01% or ₹100 per order (whichever is lower)
Currency Options ₹10 per lot or ₹100 per order (whichever is lower)

Brokerage is a bit higher if u trade fewer lots.. But it has something extra for options trader...advanced oi tracker, live Option Greeks etc.
---------
Yes fyers-one need little higher config PC.. but not much.
It is perfectly running on my 6yr old 2011 pc.. Intel Core i3 3.1Ghz, 8gb Ram, 64 bit Win 8.1. dual 1080p monitor...
Just had a look at their mobile app, it surely is very resourceful. Feel like opening an account, unfortunately it requires documentation in physical form instead of instant online opening.