brokerage on nifty call buy @ 0.20 paise

N

nip251

New Member
#1
#1
dear all,
i am new to call writing and at expiry contract value came to 0.20 paise i trade with icici and religare both charge brokerage @ 0.05paise however icici brokerage on call buy 3800 @ 0.20 paise was rs 190 and on same transaction religare charged rs 1.5 only
pl tel me nse rule for brokerage on option buy below re 1
 
R

rajib333

Member
#3
#3
nip251 said:
dear all,
i am new to call writing and at expiry contract value came to 0.20 paise i trade with icici and religare both charge brokerage @ 0.05paise however icici brokerage on call buy 3800 @ 0.20 paise was rs 190 and on same transaction religare charged rs 1.5 only
pl tel me nse rule for brokerage on option buy below re 1
Click to expand...

Hi,
i also trade in religare, their brokerage on option is
2.5% on option premium value.

Now,icicidirect charging 1% of option premium or Rs100 whichever is higher, means a minimum 100Rs brokerage on option per side, hope it clarifies.

Better to avoid them.

Thank you,
Rajib.
 
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