Possibility of decent return with fixed brokerage

#1
Hi,
I would like to know whether there is possibility of making decent returns by frequently trading for taking-leaving small profits (or trading like a floor trader) with proper risk-and-money-management and discipline using fixed brokerage account (Monthly fixed brokerage - no brokerage for each and every, trade only taxes and other charges) ?

Anyone tried it and failed/succeded, plz share you experience.

Regards
Prabu
 
#2
Hi,
I would like to know whether there is possibility of making decent returns by frequently trading for taking-leaving small profits (or trading like a floor trader) with proper risk-and-money-management and discipline using fixed brokerage account (Monthly fixed brokerage - no brokerage for each and every, trade only taxes and other charges) ?

Anyone tried it and failed/succeded, plz share you experience.

Regards
Prabu
Please list here the brokerage houses offering fixed brokerage per month...

1) RK GLOBAL....999/- pm (unlimited a/c , no cap on turnover) :thumb:
2) ?
3) ?
 
#5
Please answer in detail....how much turnover cap....per month brokerage how much etc..?
Bajaj Capital - Justtrade.in -
Software : only web based (no exe available)

Scheme1
---------
Annual brokerage Rs.7720
Daily turnover limit for Intraday - 10 Lakhs
Delivery Limit - 1 Lakh
If you trade beyond limit - brokerage is 0.015% for Intraday


Scheme2
---------
Annual brokerage Rs.14400
Daily turnover limit for Intraday - 50 Lakhs
Delivery Limit - 5 Lakh
If you trade beyond limit - brokerage is 0.005% for Intraday, .05 for delivery


other charges:
stt (for selling).0025, stamp duty (both b & s) (.002), turn over tax(.0035)


I don't have account with them, when I enquired in phone I got all these details.
 
#6
very well explained prabu....if any of these types of brokerage houses are there , members here please post their details for everyones benefit..thanks..:thumb:
 

Capricorn

Well-Known Member
#7
Hi,
I would like to know whether there is possibility of making decent returns by frequently trading for taking-leaving small profits (or trading like a floor trader) with proper risk-and-money-management and discipline using fixed brokerage account (Monthly fixed brokerage - no brokerage for each and every, trade only taxes and other charges) ?

Anyone tried it and failed/succeded, plz share you experience.

Regards
Prabu
Very much possible.:)
 
#9
even i would like to know abt this....this thought has been going through my mind....fixed targets with many trades or few trades but with larger targets.
 

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