INDIA BULLS offered me this rate...!!!!! Pls tell me whether its okay or not..

#1
hi guys,

I am currently trading with RELIANCE MONEY. Since they dont have a good trading platform which supports intraday trading, I am planning to change the broker.

My average daily volume is more than 40 lakhs and am trading in nifty futures.

INDIA BULLS has offered me 0.01% per leg for trading in futures.

Do you think this is a good rate? Is there is a chance to bargain for a lesser rate? Please advice..................

btw, current SERVICE TAX rate is 12.24% and it is charged on brokerage + other transaction costs......Right????????
 

sasi0263

Active Member
#3
Dear KTIMP,

Do u need to pay ant advance to Indiabulls for 1 Paisa Bro. for both leg in Fut. I also have PIB, but do not trade with them, coz their brokerage is very costly. My Account is in VARANASI UP. Please tell me about u. Also suggest me how to bargain with them. Thanks
 

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