My broker is offering brokerage for F&O...

#1
Hi,

I called up my broker to activate F&O in my account.
When asked about brokerage, he is giving me 5paise buying and 5 paise selling for each lot in intraday. I have no idea why he used the word intraday since according to what I know is that F&O can be a somewhat 1 month investment. There was no talk about exposure as I did not know what to ask for.

1] What are some of the lowest brokerages of average F&O traders?
2] Is the brokerage offered by my broker worth profiting?
3] What should I be asking or negotiating him in this?
 

mastermind007

Well-Known Member
#2
Hi,

I called up my broker to activate F&O in my account.
When asked about brokerage, he is giving me 5paise buying and 5 paise selling for each lot in intraday. I have no idea why he used the word intraday since according to what I know is that F&O can be a somewhat 1 month investment. There was no talk about exposure as I did not know what to ask for.

1] What are some of the lowest brokerages of average F&O traders?
2] Is the brokerage offered by my broker worth profiting?
3] What should I be asking or negotiating him in this?
Check again and get full details from your brokerage... then compare around.