I wanted to go with Wisdom but the sub broker issue discussed here made me think twice, trying with the main broker and got a good deal negotiated. Rs 3 per lot FnO. (3 to buy 3 to sell). 10x margin intraday.
Charges as below, as per my recent contract note
Brokerage (buy+sell) Rs 6
Service tax- here I calculated 84 rs per crore
Stamp duty 0.001%
STT 0.01% sellside
Trans. chg Rs 400 per crore 0.004%
SEBI .0001%
Any other details?
Thanks for the comparison sheet, its really helpful.
WC may be cheaper for higher volumes, but I need to try Alice first - they have many issues to digest to get these low charges.
Hi,
Which branch of Alice blue have u opened ur account coz there seem to too may variations in brokerage.:annoyed:
I mentioned bfore in this thread that i have sent a mail to alice blue and there is no reply.Those ppl replied to me and called after so many days and apologized for the delay:lol:
Now the plans told to me u are as follows--
Plan 1- Rs 20 per order mentioned on their website ,2 times intrday exposure, no carry forward exposure.
Plan 2 - Rs 20 per lot (u are trading at Rs 3 per lot
)
5 times intraday exposure in nse futures and mcx,
2 times carry forward exposure in mcx.
Plan 3- 300 rs per crore of brokerage (.003%).
5 times intraday exposure in nse futures and mcx,
2 times carry forward exposure in mcx.
This all was told by karnataka branch executive.
I have talked to tamil nadu and andhra branches and they are only offering 500rs per crore of brokerage.
taxes and charges--
Turnover is 400Rs per crore for nse futures and mcx but in mcx it can be brought down to 250 per crore if u insist
Ctt Stt as standard rate and stamp duty the same mentioned by u . Rs 10 per crore.
I m really unable to understand how u r trading at Rs 3 per lot which nobody in all the 3 branches have told me