best broker for intraday trading

brokenbull

Well-Known Member
#13
Many are praising SAS. But no one is comparing how Zerodha is badder than SAS or how SAS is better than Zerodha !:confusedd:
I do like Zerodha's desktop KITE chart ( volume bar chart+ voulme profile+ CPR +Pivots+ VWAP+AVWAP )
But I open Zerodha kite in the morning 8am & all buy &sells are placed as AMO limit orders & KITE closed at 9.16am. Same way I place amo orders in Finvasia android app& closed.
After that I watch only Trading view charts & react to my buys or sells (or adjustment if it comes near to my limit buy/sell).
Zerodha order traded notification can be seen in android app left corner.
Damn Finvasia does not.show traded notification in android app

So I have to write down what orders I placed in Finvasia with limit prices & have to open Finvasia android to react to it if I see the price being traded through in Trading view
Watching only prices is not for me. It has to be in chart form.
I prefer Trading view charts with my favourite set ups.(android app or web)
I dont use any brokers desktop software continously during trading hours . open only to place orders if android app fails .
so 99% of the time trade thro their android app only
Note : i dont trade options/options spread . I dont pledge . I dont need margin from broker. any given time I use only 25-40% of my funds any given day. Simple vanilla buy/sell stocks & ETF's (intraday or CNC )
 

kaly422000

Well-Known Member
#19
but if any one want to open account for nse cash intrday then it may be costly in sasonline. u have to pay upfront rs 600/. ok u will get .01 or rs 9 which is lower brokarage rate but upfront payment is very high also customer care seems not so good. they seems to be rough. better try finvasia
 

brokenbull

Well-Known Member
#20
I checked out their brokerage calculator. They seem to have very low transaction charges.
1) just checked SAS brokerage calculator. For intraday equities @₹9 max plan (or 0.01%) is indeed cheaper than Zerodha for intraday equities
2) But for equity delivery trade Zerodha is zero brokerage .SAS is ₹9+ gst(for one way)
3) Rather use Finvasia intraday is "free" . If forced to convert MIS to CNC due to under water but want to keep stock , still free delivery trade . Nowadays Finvasia does work ok for BTST (T1 CNC sell next day -with CDSL TPIN+otp).
Finvasia no a/c opening /AMC charges.
I think I paid ₹300 or so while a/c opening in Zerodha + quarterly around ₹75 amc charges I think ( SAS's ₹600 looks higher)
4) I do like Finvasia Desktop exe as it gives sound when order is traded . But opening Finvasia EXE, Trading view in 1 browser & zerodha kite in another browser .....crashes after some time. so no finvasia exe. only finvasia android app. all trading decisions are made in trading view charts & executed in the respective android app (or alter existing AMO orders placed at 8am )
5) Zerodha has 3 million customers I think . Even if 1 million customers keep ₹1 lakh cash with zerodha .. conservatively ₹1 billion of customer cash.
Healthy cushion to keep my/your ₹1or 2 million with zerodha & sleep sound at night. (only market risk no broker risk)
 

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