Lowest Brokerage or Lowest Break-Even Point ?

#11
If you see the Sheet bpr has prepared on broker comparison mostly the transaction or turnover along with stamp charges differ. Those can be enquired. In your opinion what hidden charges does myvaluetrade, asthma and sas have? If we know under what head they are charging we can enquire further
Transaction Charges are supposed to be :-
For NSE Futures : 190/crore.
NSE Options : 5050/Crore
For MCX : 210/Crore
Currency : 115/Crore.

My Value Trade Charging:

For NSE Futures : 350/crore. 84% higher.
NSE Options : 7000/Crore. 40% higher.
For MCX : 400/Crore. 90% higher

Astha Charging:

For NSE Futures : 450/crore. 136% higher
NSE Options : 8900/Crore. 76% higher
For MCX : 450/Crore. 114% higher

Trade Plus Charging:

For NSE Futures : 350/crore. 84% higher
NSE Options : 7500/Crore. 49% higher
For MCX : 400/Crore: 90% higher

SAS Charging:

For NSE Futures : 250/crore. 31% higher
NSE Options : 6500/Crore. 29% higher
For MCX : 400/Crore. 90% higher


So these Brokers are earning a lot from backdoor. Innocent Traders are happy that they are only paying 99/month or 1000/month in terms of Brokerages to the brokers like trade plus or My value Trade.

Active Traders whose trading volume is roughly 2 crores per day and trading for 20 days per month, making their Broker rich as per the following :-

Monthly additional charges paid to the cheap brokers :

10000/- for NSE Futures.
80000/- for NSE Options.
90000/- for MCX Futures.



Ain't it cheating:mad:

source : http://comparebrokerages.in/brokerage/asthatrade
 
Last edited:
#13
Transaction Charges are supposed to be :-
For NSE Futures : 190/crore.
NSE Options : 5050/Crore
For MCX : 210/Crore
Currency : 115/Crore.

My Value Trade Charging:

For NSE Futures : 350/crore. 84% higher.
NSE Options : 7000/Crore. 40% higher.
For MCX : 400/Crore. 90% higher

Astha Charging:

For NSE Futures : 450/crore. 136% higher
NSE Options : 8900/Crore. 76% higher
For MCX : 450/Crore. 114% higher

Trade Plus Charging:

For NSE Futures : 350/crore. 84% higher
NSE Options : 7500/Crore. 49% higher
For MCX : 400/Crore: 90% higher

SAS Charging:

For NSE Futures : 250/crore. 31% higher
NSE Options : 6500/Crore. 29% higher
For MCX : 400/Crore. 90% higher


So these Brokers are earning a lot from backdoor. Innocent Traders are happy that they are only paying 99/month or 1000/month for brokers like trade plus or My value Trade.

Ain't it cheating:mad:

source : http://comparebrokerages.in/brokerage/asthatrade

Still you have not gone through my excel image posted that is the daily trade of mine...
 

alroyraj

Well-Known Member
#18
Transaction Charges are supposed to be :-
For NSE Futures : 190/crore.
NSE Options : 5050/Crore
For MCX : 210/Crore
Currency : 115/Crore.

My Value Trade Charging:

For NSE Futures : 350/crore. 84% higher.
NSE Options : 7000/Crore. 40% higher.
For MCX : 400/Crore. 90% higher

Astha Charging:

For NSE Futures : 450/crore. 136% higher
NSE Options : 8900/Crore. 76% higher
For MCX : 450/Crore. 114% higher

Trade Plus Charging:

For NSE Futures : 350/crore. 84% higher
NSE Options : 7500/Crore. 49% higher
For MCX : 400/Crore: 90% higher

SAS Charging:

For NSE Futures : 250/crore. 31% higher
NSE Options : 6500/Crore. 29% higher
For MCX : 400/Crore. 90% higher


So these Brokers are earning a lot from backdoor. Innocent Traders are happy that they are only paying 99/month or 1000/month in terms of Brokerages to the brokers like trade plus or My value Trade.

Active Traders whose trading volume is roughly 2 crores per day and trading for 20 days per month, making their Broker rich as per the following :-

Monthly additional charges paid to the cheap brokers :

10000/- for NSE Futures.
80000/- for NSE Options.
90000/- for MCX Futures.



Ain't it cheating:mad:

source : http://comparebrokerages.in/brokerage/asthatrade
For the default rates you mentioned are you benchmarking with relation to any particular broker like you think say sharekhan, zerodha, indiabulls are charging these rates whereas these recent discount brokers are charging elsewhere
 
#19
For the default rates you mentioned are you benchmarking with relation to any particular broker like you think say sharekhan, zerodha, indiabulls are charging these rates whereas these recent discount brokers are charging elsewhere
Nops I am not benchmarking any Broker. Even Zerodha is charging higher than that of recommended prices viz:

NSE Futures : 210 instead of 190 : 11% higher
NSE Options : 5300/crore instead of 5050/crore : 5% higher
MCX : Instead of 210/crore it is 310/crore : 48% higher


I am referring to SEBI/Exchange guidelines as a benchmark.
 

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