Charges of India Infolione?

#1
Hello,

My name is Amrik Virdi. I am 21 yrs. old and persuing BCA from kolkata.
I have opened a new online trading account in "INDIA INFOLINE".

They told me to deposit 5000(Refundable)+750(Account Opening Charges)+550(Lifetime Demat Account)=6300(Total)

So I have paid all the amount as per as criteria.


Now I want to know the day trading charges (service tax+brokerage+any other charge please mention).

So please tell me What I have to pay extra after booking my profit and else I want to know whether IIFL charge there brokerage as per transaction or as per as .Net profit.

Please explain me step by step.
 
#2
Mr Amrik Virdi,
Before opening the a/c you should know about all the charges . Brokarage is settled with broker and client , but normaly it is .5% for delivary and .05% for intraday , there are other charges are Transanction charge , stamp duty , service tax , and securities transanction tax. In round figure your profit will start after add .75% with buy price of stock (if the brok is .5%)in case of delivary , and .075% in case intraday .
But dear i am surprised to know about account opening charge , because it's free in every firm and as per my knoledge it is IIFL also , so please check the sme.
Thanks.