Brokerage Rates-ICICI Direct,Sharekhan,India Bulls,Geojit,5 Paisa

Discussion in 'Brokers & Trading Platforms' started by vel2k8, Mar 13, 2006.

  1. vel2k8

    vel2k8 New Member

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    Hi All,
    Can any one of you please send me the list of brokerage and Demat charges with the above online trading service providers?

    Thanks
    Vel.
     
  2. sharv

    sharv Member

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    hi

    surf thread dmat/brokerage etc

    thanks

    sharv
     
  3. bhushan1954

    bhushan1954 New Member

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    hello to everybody, i am new member in this community and do not know much abt the trading
     
  4. Ashish Lodhi

    Ashish Lodhi New Member

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    Comparison between major brokerage firms


    ICICI Securities HDFC Securities UTI Securities 5 Paisa (Indian Infoline) Indiabulls​
    Account Opening Charges Rs.750 Rs.750 Rs.600 Rs.750 Rs.500
    Brokerage (%) Delivery Intraday Delivery Intraday Delivery Intraday Delivery Intraday Delivery Intraday
    0.75 0.15 0.75 0.15 .80 .15 0.251 0.071 0.5 0.10
    With all taxes and other charges per 100 0.92 0.19 0.92 0.19 0.97 0.19 0.87 0.12 0.64 0.12
    Transaction Charges (selling) Rs.20 or 0.04% of transaction, whichever is more Rs.23 or 0.04% of transaction, whichever is more Rs.23 or 0.04% of transaction, whichever is more Rs.23 or 0.04% of transaction, whichever is more Rs.17
    Exposure on Cash NIL 4 times NIL 4 times NIL NIL NIL NIL 2/4 times 12 times
    Exposure on Securities NIL NIL NIL NIL 75% 0f the Market Value
    Minimum Margin - - Rs.10,000 Rs.2,500 NIL
    Annual Maintenance Charges Rs.350 Rs.500 Rs.250 Rs.300 NIL
    Banking facility ICICI Bank HDFC UTI Bank - All Banks
    Net Banking facility ICICI Bank HDFC UTI Bank - HDFC/ICICI/
    Citibank
    Charting NA NA NA Thru software2 Thru Software
    Historical Data NA NA NA NA Available for the last 4-5 yrs & linked to the s/w
    Intra day cut off time 3 pm 3 pm 3 pm 3 pm 3:10 pm
    Relationship Manager N.A. N.A. NA NA Assigned to every client

    * 1. The brokerage will be charged on the condition of Monthly fixed fee of Rs.800/- or Yearly Rs.8, 000/-. And whatever trading you did the brokerage will get deducted from this amount with the mentioned rate. I.e. you are require to trade approx volume of Rs.14, 00,000 per month to get the benefit of this already paid amount.

    * 2. Only intraday[/SIZE][/SIZE][/SIZE]
     
  5. playboy0667

    playboy0667 New Member

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    Simply the best in all one & only one 5Paisa
     
  6. nirmalk_p

    nirmalk_p New Member

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    Thanks Ashish,

    The table is very helpful. I am thinking of opening an account with Indiabulls or 5paisa. One quick question though, In 5paisa for delivery you said its 0.251% but with tax and other charges its 0.87%. I dont understand what charges and taxes are making .251% to .87%. Can someone break it down?

    Thanks in advance,
    Nirmal
     
  7. kush soni

    kush soni New Member

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    Hi Nirmal,

    Unicon giving you .02 for intra and .20 for delivery... check it out and some free DMAt and Trading account too
     
  8. emoney2

    emoney2 New Member

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    As I have read about all the brokerages houses but no one has written about the Sharekhan online trading platform, I'm giving you a quick & brief details about charges of Sharekhan:

    Account opening Charges: NIL,
    Brokerage: Normal, 0.30 and 0.03% for delivery and intraday
    DP transaction Charges: NIL
    Annual Maintance Charges: Rs.300/year from 2nd year
    Any Hidden Charges : NO
    SOme Advantages of Sharekhan Online Trading Account:
    You can get live rate of approx. 100 companies of your choice for free
    Very effective risk Management,
    Website never goes down during the trading hours
    You have an advantage to place order through Online, From Local office of Sharekhan in your city and by dialing a Toll Free number at HO.
    SHares directly goes to your Demat Account.

    Where as few of the brokers mentioned in the messages I have read does not have the DP of there own.

    I hope you all will visit the Sharekhan website www.sharekhan.com before opening an account with other broekrs.

    bye
     
  9. Northie

    Northie Member

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    dude sharekhan is charging 0.05% on intraday even after I have paid for AMC 6000.:rolleyes:
     
    nandan_bhayera likes this.
  10. mukeshsingh

    mukeshsingh Member

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    hi all,

    it's good discussion going on, ppl it's proved indiainfoline(5paisa) trader terminal advance is presently most advanced and user friendly platform. it's interface are better than odin & it's charge are lesser than any other competior, so any one from mumbai want's the free demonstration plz feel free to contact on 9833351635(mukesh singh)


    Rgds,

    Mukesh Singh
    Relationship manager(HNI Desk)
    indiainfoline
    9833351635
     

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