NFO Comparison data is almost complete.
Assuming that there is no more data errors lets analyse the data.
If a day trader is focused on NSE Futures trading then
the lowest turnover charge is offered by RKSV which is 230 followed by 240 TSO and then SAS and VPS at 250 each.
But if we compare with brokerage.
I think SAS comes as winner over all with 250@1000 as it is a good balancing act.
Please note achiever at 390@500 is not at all good for active futures trader as the turnover is too costly.
Wisdom Capital is good at 280@1111 but it is tough competition as 280 at average 30 to 40 rupees higher from others not worth it.
At second place we have
RKSV & VPS
if a trader has very very huge volume then they can go with RKSV saving Rs 20 in turnover charge which is significant.
VPS is their at number 2 because it has hybrid plans plus less brokerage than RKSV at 1700.
TSO is their somewhere in between but they don't bring anything new to the table just a copy of RKSV with Rs 50 less brokerage i don't see their purpose people are better off going with RKSV after all RKSV turnover < TSO turnover.
My Conclusion:
people with huge turnover will go with RKSV. People with high turnover but not regular with market will go with VPS for their hybrid plan.
Very unfortunate for SAS. But some people might prefer SAS who is having high turnover but not too much high to be affected by Rs20 deduction in turnover charge.
Again the calculation will difffer from people to people and they need to calculate their average daily turnover and compare along side the brokerage.
Overall Ranking Futures Comparision
1 SAS
2 RKSV & VPS
Share your analysis.
Assuming that there is no more data errors lets analyse the data.
If a day trader is focused on NSE Futures trading then
the lowest turnover charge is offered by RKSV which is 230 followed by 240 TSO and then SAS and VPS at 250 each.
But if we compare with brokerage.
I think SAS comes as winner over all with 250@1000 as it is a good balancing act.
Please note achiever at 390@500 is not at all good for active futures trader as the turnover is too costly.
Wisdom Capital is good at 280@1111 but it is tough competition as 280 at average 30 to 40 rupees higher from others not worth it.
At second place we have
RKSV & VPS
if a trader has very very huge volume then they can go with RKSV saving Rs 20 in turnover charge which is significant.
VPS is their at number 2 because it has hybrid plans plus less brokerage than RKSV at 1700.
TSO is their somewhere in between but they don't bring anything new to the table just a copy of RKSV with Rs 50 less brokerage i don't see their purpose people are better off going with RKSV after all RKSV turnover < TSO turnover.
My Conclusion:
people with huge turnover will go with RKSV. People with high turnover but not regular with market will go with VPS for their hybrid plan.
Very unfortunate for SAS. But some people might prefer SAS who is having high turnover but not too much high to be affected by Rs20 deduction in turnover charge.
Again the calculation will difffer from people to people and they need to calculate their average daily turnover and compare along side the brokerage.
Overall Ranking Futures Comparision
1 SAS
2 RKSV & VPS
Share your analysis.
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