Brokerage for F&O - Best Rates.

#1
I trade mostly in Nifty Futures, and Sharekhan ppl are charging me brokerages of 0.03% Intraday (One side only).

Now, i have to leave atlest 3Rs. to breakeven, which i find a little hard to digest.

You ppl think i am paying too much?

What kind of brokerage shall i be expecting? 0.01% OR sumthing as other members are saying in sum threads tht some brokerge houses are providing 20Rs. flat per lot...

PS: I do 2 lots min - max 4 lots.
 

Raju

Well-Known Member
#2
Hi craige,

I have tried to calculate brokerage we pay with

  1. Sharekhan - Buy only 0.03%
  2. Broker B - Buy 20/- Sell 20/-
  3. Broker C - Buy 9/- Sell 20/-

Please check if this helps.I hope I have not made any mistakes while calculating.I have done it in a hurry.

Raju
 
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#3
Raju,

As you have not mentioned the brokers providing low brokerages like Rs 20 & 9, it just seems as an example.

Do any reputed broker really provide this kind of low Flat brokerages ?

If yes, i request you to name them OR PM me.
 
#4
Raju,

As you have not mentioned the brokers providing low brokerages like Rs 20 & 9, it just seems as an example.

Do any reputed broker really provide this kind of low Flat brokerages ?

If yes, i request you to name them OR PM me.
I am assuming you do intraday trades in nifty future and hence pay one side brokerage. You are paying sharekhan Rs 94 approx as brokerage for one lot of nifty future.

IIFL offers Rs 50 brokerage for one lot of nifty future in intraday trading.
 

a2744010

Active Member
#5
RK Global charges rs 9 flat that sums upto 17 after charges and taxes per lot. There is new player in market (or say on traderji) zerodha which says to charge 20 bucks (donno about other charges) on any lot size may it be 1 or 100.

Honestly, since I've not heard about zerodha apart from reading on traderji, never seen it's ad on any business paper or tv, never listened about it from my close broker community, I don't trust (zerodha's person is here and may post here, no hard feeling bro, it's about my money and I can't trust blindly)
 
#10
Okay,

I am paying 0.03% (Total) intraday Futures on sharekhan.
I have approached 2 other wellknown brokers as well, and i could only negotiate upto 0.02%.

So i guess, only 1 or 2 brokers are providing brokerages below 100Rs. in future... Rest all are percentage based which leads to quite high brokerage.
 

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