which broker provides lowest transaction charges ???

#1
I am seeing websites of discounted brokers

Astha Trade
Loyal Trade
Finvesia
zerodha
sas online

Kindly help who is the best service provider with lowest and no hidden charges ???
 
#2
I have account with SAS Online and Loyal Trade I have faced problem with SAS Online there is big problem in payout. Their policy is different from others. and they charge for call in trader then i switched to Loyal Trade coz of less brokerage. Its been a month so far n I'm very happy with Loyal Trade but they are not providing real time chart i think Loyal Trade is best option
 

headstrong007

----- Full-Time ----- Day-Trader
#3
Lowest transaction charge from
Finvasia
Rs 175/Cr.. for both NSE Future.. Commodity Future.. Finvasia Brokerage flat 175/Cr..fixed breakeven..
If u r high volume trader.. can go with Samco. Rs 20 per trade. 210 transaction charge 2nd lowest for both NSE-MCX
 
#6
if your amount is less you trade in small lots then 20 per trade wont workout.
suppose you trade crude copper silver mega 2 lots each in 1 trade and you make 5 trades 4*5*20=400 perday,

but if you trade all lot in 1 go then its ok for 1*20=20 perday
 
#9
You have forgot Interactivebrokers.
They have fixed and tiered commissions. commissions are paid only by opening positions when you close your positions in the same day.
I have calculated by USDINR futures by fixed and by tiered
1 contract buy USDINR futures price 60,0000 and sell price will be the same 60,0000. Traded value 120000 INR
fixed commissions is 0,01% for only 1 leg 60000 INR=6INR commissions
ExchangeTransactionCharges-0,0019% from 120000 INR=2,28INR
SEBI Turnover Charges 0.0002% from 120000INR=0,24INR
Stamp Duty (Maharashtra)0,002% from 120000INR=2,4INR
SecuritiesTransaction Tax only for sell 0,01% 60000INR=6INR
Service tax will be charged on brokerage amount and exchange transaction charges at prevailing rate (14.50% currently) 6INR+2,28INR=8,28INRx0,1450=1,20INR (service TAX)
total for round turn 6+2,28+0,24+2,4+6+1,20=18,12INR
by tiered is commissions
=< 50 crore (500,000,000) 0.012% 9 of Trade Value
50 =< 125 crore (1,250,000,000) 0.010% 9 of Trade Value
=> 125 crore (1,250,000,000) 0.008% 9 of Trade Value
by 0,012% would be
commissions 7,20+2,28+0,24+2,40+6+1,38=19,50 for round turn
 
#10
Lowest transaction charge from
Finvasia
Rs 175/Cr.. for both NSE Future.. Commodity Future.. Finvasia Brokerage flat 175/Cr..fixed breakeven..
If u r high volume trader.. can go with Samco. Rs 20 per trade. 210 transaction charge 2nd lowest for both NSE-MCX
Does finvasia provides margin funding?? Any idea

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