Zerodha - Number One Discount Broker in India

Also more importantly, the clearing charges drops by 80% to 0.0002% for Futures and 0.002% for options, probably the lowest in the country.
Dear Zerodha,

Thank you very much for working towards reducing your costs in a steady and sustainable manner.

Wishing you a long and profitable growth in the years ahead. You have made a number of strategies profitable, which was simply impossible with other brokerage houses.

My heartfelt thanks to your valuable team members Hari, Barath, Siva, Chandu who have gone out of the way to help/clarify/resolve issues that i've faced in the past.

Thank you once again.
 
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manishchan

Well-Known Member
As usual before we announce anywhere else, first announcing on traderji: http://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/updates-august-2014

Also more importantly, the clearing charges drops by 80% to 0.0002% for Futures and 0.002% for options, probably the lowest in the country.

So the new transaction charges are for futures, including exchange charges are: 0.00215% and for options 0.052% of the premium.

Brokerage calculator and charge list will be update by noon tomorrow, the new rates are effective 1st Aug.
Zerodha.. Your current transaction charge is 0.0025%.. In the post above you say dropped to 0.0002% and then "new charge is 0.00215%" ... is the new charge 0.0002% or 0.00215%..? plz clarify. If new charge is 0.00215% as opposed to existing 0.0025% then how come it is 80% drop ??
 
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manojborle

Well-Known Member
Thanks..
But I'm looking for how to place above 3 orders manually..
dont want to trail..I'm kinda quick in-out type of trader..
I do think there is option in bracket order where you can select if you want to trail stop or not.
Please confirm with Zerodha Team.
 
Zerodha.. Your current transaction charge is 0.0025%.. In the post above you say dropped to 0.0002% and then "new charge is 0.00215%" ... is the new charge 0.0002% or 0.00215%..? plz clarify. If new charge is 0.00215% as opposed to existing 0.0025% then how come it is 80% drop ??
Clearing charges dropped by 80% and not total Transaction Charges . . . :D

Anyway, saving of costs in whatever form helps, thanks ZD :thumb:



Happy :)
 

Zerodha

Well-Known Member
Zerodha.. Your current transaction charge is 0.0025%.. In the post above you say dropped to 0.0002% and then "new charge is 0.00215%" ... is the new charge 0.0002% or 0.00215%..? plz clarify. If new charge is 0.00215% as opposed to existing 0.0025% then how come it is 80% drop ??
Exchange charges are fixed :) , so yeah like happy put it, clearing charges drop by 80%, the total transaction charges by around 25%, basically it can't go lower from here unless exchange drops their transaction charges...
 
You will have to manually place this one after the other, no shortcuts
yes..but which order to select (limit?? sl-m??)is my query..

ek example to de do Sirji

SL or SL-M for all orders or Limit order?

-----------
Pls tell how to place these 3 orders one after the another-
1) I want to buy Tata Steel at Rs 550
then
2)I want to place SL at Rs 548
then
3) I want to place sell order at Rs 560

I'm Intraday trader

Thanks

-------------

1st Order using Limit order..
2nd and 3rd Order ke liye konsa option use karna?
 

comm4300

Well-Known Member
yes..but which order to select (limit?? sl-m??)is my query..

ek example to de do Sirji

SL or SL-M for all orders or Limit order?

-----------
Pls tell how to place these 3 orders one after the another-
1) I want to buy Tata Steel at Rs 550
then
as you told, place limit order BUY


2)I want to place SL at Rs 548
then
place SL trigger order (either market or limit - your choice):



3) I want to place sell order at Rs 560


But, once SL or Profit is reached, you have to MANUALLY cancel the other order.
 
As usual before we announce anywhere else, first announcing on traderji: http://zerodha.com/z-connect/zerodha/bulletin-latest-at-zerodha/updates-august-2014

Crowd.in launching at 4pm, it is a nice fun game and hopefully we are also able to together build an indicator that works..

Also more importantly, the clearing charges drops by 80% to 0.0002% for Futures and 0.002% for options, probably the lowest in the country.

So the new transaction charges are for futures, including exchange charges are: 0.00215% and for options 0.052% of the premium.

Brokerage calculator and charge list will be update by noon tomorrow, the new rates are effective 1st Aug.
Is this applicable to CDS too?
 

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