RK Global or Reliance Money

#1
Hi
I am planning to enter into option trading and a bit confuse which broker to choose.
I will play positional and will play in stock.
which broker should i chose from the above?

thanks
Nishant
 

alroyraj

Well-Known Member
#2
Reliance Money has min charges 14 per order and RKG Rs 9 per order. So choose any of this for options. But for equities RKG has 999 for unlimited equity per month so it is better for equities in this aspect. RKG has software charges per segment unlike Reliance money. Reliance money has too many platforms and no one has used all to comment which one is better.
 

p81

New Member
#3
I am using reliancemoney they charge Rs 100 for one lot, if you square off on the same day then second leg is free otherwise its Rs 100.
Can you tell me how you are charged 14 rs in reliance?
thanks
 
#5
I am using reliancemoney they charge Rs 100 for one lot, if you square off on the same day then second leg is free otherwise its Rs 100.
Can you tell me how you are charged 14 rs in reliance?
thanks
I think you are using Percentage based brokerage plan, For Minimum Rs.15 per order scheme one has to be in Limit Card based brokerage plan.
 
#6
Reliance Money charges Rs 15 per order + upfront brokerage charge. Upfront brokerage has various slabs. At maximum slab, minimum brokerage works out to Rs. 22 per lot one side. hence total brokerage is 22+15=37 one side. Second leg brokerage is also same i.e. 37 even if you square off same day.
 

Raju

Well-Known Member
#7
Thanks Sriramreddy ,

We would wait for the 5/- per lot scheme.

Thanks,
Raju
 

Similar threads