Evaluate your Broker before Account Opening- Check List & Evaluation Results Update

#21
Re: Evaluate your Broker before Account Opening- Check List & Evaluation Results Upda

My main concern is Transaction & Clearing Charges which is eating away the profits even after having fixed brokerage plans....
So Called Discount Brokers - Do something for this:thumb:
I guess what you are looking for is not possible because all discount brokers have transaction and clearing charges, none are clearing members.
As said before if you are looking for discount broker who has there own DP then there is only one broker Tradesmart but charges are little more than VPS though less than others, exposure provided is good enough.Dont go solely by charges there are many things which you need to look and decide for yourself whatever works for you best.
Too much leverage and we have another Lehman.:lol:
 

whisky

Well-Known Member
#22
Re: Evaluate your Broker before Account Opening- Check List & Evaluation Results Upda

Everything is possible
 
#23
Re: Evaluate your Broker before Account Opening- Check List & Evaluation Results Upda

Everything is possible
Ok madam if you find any such discount broker without any transaction and clearing charges pls let all the members here also know about it.
Atleast I am not aware of any such discount broker in this country.
Good luck for your search.
 

whisky

Well-Known Member
#26
Re: Evaluate your Broker before Account Opening- Check List & Evaluation Results Upda

Warning about IIFL: STAY AWAY.
Thanks,i know IIFL very well n not considering in my review
 

whisky

Well-Known Member
#27
Re: Evaluate your Broker before Account Opening- Check List & Evaluation Results Upda

i got to know about INDIA PROCON unlimited plan,any inputs about service? their branch is in delhi
 

whisky

Well-Known Member
#28
Re: Evaluate your Broker before Account Opening- Check List & Evaluation Results Upda

Guys-Visited Procon office today at Rajendra Place, New Delhi- giving 1000/-p.m. plan for unlimited trading in MCX with 3 time exposure(and are flexible on this) and have reasonably low transaction charges as compared to other discount brokers but they don't have Equity..

Seems better than all discount brokers reviewed so far for MCX..
 

whisky

Well-Known Member
#29
Re: Evaluate your Broker before Account Opening- Check List & Evaluation Results Upda

Traders it's time to tell clearly the brokers what we will pay to them and say no to hidden charges
 

whisky

Well-Known Member
#30
Re: Evaluate your Broker before Account Opening- Check List & Evaluation Results Upda

Traders Open your eyes & Clearly ask Brokers "Sada Haq Athe Rakh"
 

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