New Poll : Best discount Broker

Best Discount Broker - Vote only for lowest brokerage

  • Wisdom

    Votes: 28 12.1%
  • Procon

    Votes: 0 0.0%
  • Achievers

    Votes: 9 3.9%
  • Zerodha

    Votes: 94 40.5%
  • RKSV

    Votes: 24 10.3%
  • VPS

    Votes: 5 2.2%
  • Astha trade

    Votes: 4 1.7%
  • TSO

    Votes: 3 1.3%
  • SAS

    Votes: 28 12.1%
  • Any Other

    Votes: 37 15.9%

  • Total voters
    232
#62
Nothing against any broker, but i would like to know below questions

1. Why mcx tranx charges are 250 where as exch charges 210 ?

2. there is no sebi fees in mcx but they are charging ?

3. Again nse has 190 as trxn charges in futures but they charge 250..

Personally, we should also read in between the lines.. or as they say ... other charges...
 
#63
Nothing against any broker, but i would like to know below questions

1. Why mcx tranx charges are 250 where as exch charges 210 ?

2. there is no sebi fees in mcx but they are charging ?

3. Again nse has 190 as trxn charges in futures but they charge 250..

Personally, we should also read in between the lines.. or as they say ... other charges...
MCX charges 210.

There are clearing charges ...it depends upon clearing member and their volumes. Most of discounted brokers are not clearing members so their clearing charges are on higher side.

Big boys like ICICI etc are clearing members of their own hence hence they charge lesser transaction charges:cool:
 
#64
Astha Trade is giving min 14x leverage.
or 1.5% of trade value (min trade should be 2Lac)
Anyone in it,?
 

SevenD

Well-Known Member
#67
If that is the true, then undoubtedly Wisdom Capital is best broker in terms of fees:)

This is what is written on wisdom capital site:

'Wisdom Capital Online Trading is a Co-Brand & Exclusively Sponsored by F6 Finserve Pvt Ltd. "

So in short wisdom capital is a franchisee of F6finserve, so how does that qualify them as a broker, when they do not have broker registration number of any of the exchanges like NSE ,BSE, MCX or any other exchange.
 

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