Hi friends,
Planning to open a currency trading account at one of the discount brokers , hence focused on Zerodha and RKSV. This is what I came up with :
Assumptions :
1. Around 2000 lots turnover per day. 10 buys of 100 contracts each and 10 sells.
2. Net difference between buy and sell average of 1 paisa ( more or less does not make any difference to edge of any broker)
3. Trading via Rs.20 per trade for Zerodha and 999pm unlimited trading for RKSV
4. 20 trading sessions in a month
I used their brokerage calculators from their sites for calculations, screenshots follow
Planning to open a currency trading account at one of the discount brokers , hence focused on Zerodha and RKSV. This is what I came up with :
Assumptions :
1. Around 2000 lots turnover per day. 10 buys of 100 contracts each and 10 sells.
2. Net difference between buy and sell average of 1 paisa ( more or less does not make any difference to edge of any broker)
3. Trading via Rs.20 per trade for Zerodha and 999pm unlimited trading for RKSV
4. 20 trading sessions in a month
I used their brokerage calculators from their sites for calculations, screenshots follow