Zerodha....

Discussion in 'Brokers & Trading Platforms' started by bharath.mang, Sep 25, 2010.

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  1. bk.shares

    bk.shares New Member

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    Re: new cheapest broker is here. Zerodha

    thats good.for fno traders
     
  2. TradeRaid

    TradeRaid Active Member

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    Re: new cheapest broker is here. Zerodha

    Even I'm a trader who has been flipping around trying to find the right broker. Everything sounds good about them, but only trying it out will give us clear info.

    By the way, isn't there SEBI to make sure that our funds are safe? Personally, I don't think going to any broker should be a risk... The real risk is in the markets.
     
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  3. TradeRaid

    TradeRaid Active Member

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    Re: new cheapest broker is here. Zerodha

    I have confirmed with them... The charge is Rs 20 per 'ORDER' placement, not per order execution... which means that we will pay only Rs 20, irrespective of when our orders get executed, and irrespective of the size of our orders. Sounds unbelievable... but it is true. ;)
     
  4. sanjayspeilberg

    sanjayspeilberg Member

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    Re: new cheapest broker is here. Zerodha

    so guys which is better?? R.K. Global or Zerodha??

    since am new to futures trading,am not gonna trade in many lots. I just gonna trade with 1 lot.

    in this case, can i go for R.K. GLobal which charges Rs.9 per lot
    or
    Zerodha which charges Rs.20 per trade.
     
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  5. godisbogus

    godisbogus New Member

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    Re: new cheapest broker is here. Zerodha

    Simply Go for RKGLOBAL. He charges just Rs.9/- per lot each side. Nobody can beat him both in brokerage and service. Dietodin terminal is superb, it works nonstop. No hidden charges. Financial Ledger is very easy to understand. What more you want boss?
     
    Last edited: Oct 22, 2010
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  6. sanjayspeilberg

    sanjayspeilberg Member

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    Re: new cheapest broker is here. Zerodha

    zerodha charges:

    Account opening fee--Rs.600
    AMC--Rs.400
    Brokerage-Rs.20 per trade.

    R.K.Global Charges:

    Account opening fee--Rs.200
    Monthly maintenance Charge for web based platform--Rs.99*
    Brokerage--Rs.9 per lot.

    in R.K. Global we need to pay the maintenance fee every month but we dont need to pay any in Zerodha.

    only thing am concerned is many users in this forum have reported that they have problem with trading platform of R.K global.

    could some one pls guide me in this
     

  7. TradeRaid

    TradeRaid Active Member

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    Re: new cheapest broker is here. Zerodha

    I think if you're trading with one lot, it's best to trade with RKG. However, if you increase your trade size, then Zerodha seems to be a good bet.
     
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  8. godisbogus

    godisbogus New Member

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    Re: new cheapest broker is here. Zerodha

    I am trading with RKGLOBAL since six months. I have three accounts. All diet odins. Upto this day i have not faced any problem with the trading platform. I am a full time professional trader. I am using online terminals since 2000 march. But RKGLOBAL is the best. I trade minimum 10 lots per day in each account.
     
  9. smartboy1jan1982

    smartboy1jan1982 Active Member

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    Re: new cheapest broker is here. Zerodha

    There is a slight risk of misconduct, fraud by the brokerage firm. There can be many malpractices and shady activities going on there of which we may no knowledge. SEBI and other govt. agencies can only take action against them after they have done anything wrong but they can not prevent them from doing any wrong. :(
     
  10. smartboy1jan1982

    smartboy1jan1982 Active Member

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    Re: new cheapest broker is here. Zerodha

    What about Order modification? many times I modify my limit order's price in a day. will it be also charged like a new Order? :eek:
     
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