RKSV - Unlimited Online Trading @ 1947/-

Status
Not open for further replies.
#11
Hi my_investment,

I didn't write that because I didn't know if that message would also be blocked! Hopefully this one won't get blocked. In response to your question, we are working on providing you margin against stocks/collateral soon (within 2 months).

And also, regarding special discounts, we are offering free memberships for 10 members through Traderji. I'm working on getting private messaging to work so we can make it happen.

Best,

RKSV
 
#16
Dear RKSV
For One Nifty Charget Buy & Sell How
Im Trde 10 to 15 Lot A Day
Equity (Intraday) Equity (Delivery) Futures Options
Securities Transaction Tax (STT) 1,250 12,500 850 850
Turnover Charges 1 520 520 520 8,000
Service Tax 52 52 52 800
Other Charges 2 212 1,012 212 234
Total Charges Rs 2,034 Rs 14,084 Rs 1,634 Rs 9,884
 
#18
I have two questions

Turnover charges and other charges for buying and selling an option contract intraday say at 100 ruppees
Hi jain.er,

Let's say you bought 1 lot of options (with lot size of 50) for 100 rupees and sold the same for 100 rupees.

Your turnover done would be 100 * 50 + 100 * 50 = 10,000.

Using the FAQ values that 1 cr correspond to Rs. 9,884, your total transaction costs would be (10,000 / 1 cr) * 9,884 = Rs 9.89.

A detailed break-down is that:

STT - Rs 0.85
Turnover charges = Rs 8
Service Tax = Rs 0.8
Other Charges = Rs. 0.24
Total = 9.89.

Your total costs would be Rs. 9.89.

Best,

RKSV
 
#19
Dear RKSV
For One Nifty Charget Buy & Sell How
Im Trde 10 to 15 Lot A Day
Equity (Intraday) Equity (Delivery) Futures Options
Securities Transaction Tax (STT) 1,250 12,500 850 850
Turnover Charges 1 520 520 520 8,000
Service Tax 52 52 52 800
Other Charges 2 212 1,012 212 234
Total Charges Rs 2,034 Rs 14,084 Rs 1,634 Rs 9,884
Hi bsmkumar,

Let's say you buy 7 lots and sell 7 lots of NIFTY for the day and they are priced at Rs. 5000. Each lot has 50 shares in it, so you are doing a total turnover of:

(7 + 7) * 50 * 5000 = 35,00,000 or 35 lacs. Your transaction costs would be (35 lacs / 1 cr) * Rs 1634 = Rs 572.

Your total transaction costs for 14 lots of NIFTY is Rs. 572. Your transaction cost for 1 lot of NIFTY (Rs. 5000) is Rs. 41. One lot would only mean one side (buy or sell).

Best,

RKSV
 
#20
Hi RKSV do you have algo software like OMNESYS NEST GREEKSOFT , EXCHANGER AND FT PORGAM OR BEST PROGRESS APAMA as i can see from your profile you people traded before becoming brokers If yes can we join you for arbitrage

Secondly what return can be expected per month on capital doing options and cash future , index futures hedging ( MOST GUYS MAKING 1.5 TO 2 .5 % ON CAPITAL SAFELY EVERY MONTH )

Of course it will be on profit sharing like other brokers and not 1947 rs per month

kindly reply as there are many guys who are jobbing , hedging and arbitrage on the forum FRom your profile in website it seems like you guys can help every one ON THIS :thumb:

I AM CURRENTLY WORKING WITH BROKERAGE OF 400 RS CRORE FNO, INTRADAY 2500 RS PER CRORE CASH MARKET ( DELIEVERY ) PLUS CHARGES TAXES ECT
 
Status
Not open for further replies.

Broker Special Offers

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

Name:Phone:
Email:City:
State:
Are you a day trader?