Which broker provides lowest brokerage in FnO? Any body having less than 4 paise ?

trade2411

Active Member
#1
Hi guys,

Need your help. I trade in FnO mainly in nifty futures but i m having to pay a lot of brokerage everyday , i.e 4 paise for buy leg and 4 paise for sell. total 8 paise and about 100 rs of other taxes which go to govt. Can any body suggest me any broker who can provide less than 4 paise . I would be really greatful for your help
 
#2
Re: Which broker provides lowest brokerage in FnO? Any body having less than 4 paise

Hi guys,

Need your help. I trade in FnO mainly in nifty futures but i m having to pay a lot of brokerage everyday , i.e 4 paise for buy leg and 4 paise for sell. total 8 paise and about 100 rs of other taxes which go to govt. Can any body suggest me any broker who can provide less than 4 paise . I would be really greatful for your help
Your brokerage is too high....no one pays more than 1 paisa for buying and 1 paisa for selling these days.....go for Zerodha, RKSV or any other brokerage which offer 1 paisa or less....

Smart_trade
 
#3
Re: Which broker provides lowest brokerage in FnO? Any body having less than 4 paise

Hi guys,

Need your help. I trade in FnO mainly in nifty futures but i m having to pay a lot of brokerage everyday , i.e 4 paise for buy leg and 4 paise for sell. total 8 paise and about 100 rs of other taxes which go to govt. Can any body suggest me any broker who can provide less than 4 paise . I would be really greatful for your help
you are paying way above the normal standards. generally any broker would settle for 2 paisa to 2.5 paisa. Highest these days would be 3 paisa. And if you are a volume trader (more than 2 crores intraday every day), you may even get 1 paisa brokerage. 1 paisa brokerage is something given only to commited volume traders. try sharekhan, iifl, religare, angel etc.
 

soft_trader

Well-Known Member
#4
Re: Which broker provides lowest brokerage in FnO? Any body having less than 4 paise

Smart_trade is right. 0.01% is a norm these days. For getting 1 paisa brokerage no volume commitment needed. Go for Zerodha, 0.01% or Rs. 20/- per trade whichever is lower. :clap:
 

trade2411

Active Member
#5
Re: Which broker provides lowest brokerage in FnO? Any body having less than 4 paise

Guys, thanks so much for your inputs. I did arrange with HSBC for just less than 2 paise. However, i will try out zerodha.
 
#6
Re: Which broker provides lowest brokerage in FnO? Any body having less than 4 paise

why don't u consider zerodha. they r very good to me.
 
#7
Re: Which broker provides lowest brokerage in FnO? Any body having less than 4 paise

you can also consider interactive brokers they charge 0.01% for futures.
regards,
m prakash
 
#8
Re: Which broker provides lowest brokerage in FnO? Any body having less than 4 paise

Hi guys,
different brokers have different overall costs like STT, transaction charges, stamp duty etc. . Brokerage is one part of the cost. Has anybody done any analysis on that ? I am trying to work on that and any input is welcome....
 
#9
Re: Which broker provides lowest brokerage in FnO? Any body having less than 4 paise

Hi guys,
different brokers have different overall costs like STT, transaction charges, stamp duty etc. . Brokerage is one part of the cost. Has anybody done any analysis on that ? I am trying to work on that and any input is welcome....
yes if you trade only one lot and your brokerage is aobut 20 rs.. then u wud end up paying about 170 rs in total for one transaction..
 

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?