Discount Broker Comparison

[neo.mx]

You maybe right at that. For the same trade, Zerodha has 10.xx Rs as Exchange tran. charges, whereas VNS has Rs. 15.xx

But Zerodha shows 0 stamp duty Why ?

Overall, Zerodha shows 2.69 points to breakeven, VNS shows 1.59 points.

View attachment 49171

Will check TSO thread too now.

STT and Stamp duty are rounded to nearest integer. If Stamp duty is 0.30, then it is rounded to 0

 

[bottrade]

Overall, Zerodha shows 2.69 points to breakeven, VNS shows 1.59 points.

That's because of difference in brokerage. As your trade value increases the difference will go narrow and eventually go in favour of Zerodha.

 

[timepass]

That's because of difference in brokerage. As your trade value increases the difference will go narrow and eventually go in favour of Zerodha.

Ok, but that stands for the trade value of each trade, if the value is spread over a number of trades, then the gap will continue.

Anyway, I have asked VNS, in their thread, to come forth on this.

 

[bottrade]

Ok, but that stands for the trade value of each trade, if the value is spread over a number of trades, then the gap will continue.

I hope everyone trade well and scale up.

 

[dhherajjhunjhunwala]

it's important to do your due diligence and thoroughly research each broker before making a decision. Don't rush into anything and take your time to make an informed decision.

 

[kotaksecurities]

Hi, all charges are listed under the pricing section at https://bit.ly/3oEwX6r

 

[Verde]

Hi, all charges are listed under the pricing section at https://bit.ly/3oEwX6r

Kotak is an established brand name. You can easily afford to buy your own thread here and support the forum instead of posting like this by hiding your site link.

Many brokers started from nothing here and built up their brands --- zerodha, upstox, fyers, finvasia. Read their threads and see where they are today.

When you have your own thread to talk to customers and answer their questions personally, it builds up goodwill and eases their doubts about your standards.

 

[kotaksecurities]

Hello, we have made a note of your feedback and will share it with our concerned team.

 

[bottrade]

Do brokers allow to link demat account from other brokers or we have to have both the trading and demat account with the same broker? Going by initial search some brokers are not allowing it. One says it's mandatory to open both demat and trading account with them. I don't know what they mean by "mandatory", it's mandatory because it's their company policy or it's mandatory because SEBI has this clause? Few years ago we didn't even needed demat account when trading derivatives.

 

[curiousv]

@travi thank you for your feedback. Also have you tried FLATTRADE.
Does anyone here have any feedback about FLATTRADE.
Regards,

I think with flattrade - there is no easiest facility and for pledging you must give limited POA - they charge for it
Demat Debit and Pledge (DDPI) Charge
DDPI for Demat Account One-time charge Rs.175 (inclusive of GST)