Best brokerage house for FnO segment?

[dominate]

I am currently using ICICI-Direct. Please guide me to choose the best brokerage house for FnO segment. I went thru the other threads buy only brokerage on cash markets discussed only. Please share your experience about derivatives?

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[Matrix]

Can try ShareKhan and IndiaBulls. Angel Broking is also good.

[Rahul]

I am currently using ICICI-Direct. Please guide me to choose the best brokerage house for FnO segment. I went thru the other threads buy only brokerage on cash markets discussed only. Please share your experience about derivatives?

Futures:
0.1% on the first leg
AND
0.02% on the second leg if squared off on the same day
AND
0.10% if squared off on any other day.

Options:
2.50% on premium
OR
Rs 100/- per Market Lot (which ever is higher)*

Note: Brokerage on Options will be charged on the Premium value instead of the Strike Price, which was being levied earlier.

Brokerage will be charged on all legs of trades in Options

*As per SEBI guidelines.

Source - http://www.sharekhan.com/services/BS...Structure.html

[Rahul]

One more point -
Instead of "% based charges", better go for "per transaction based charges"... otherwise they will suck your money, since it is charged based on the overall transaction amount, irrespective of whether one makes profit/loss.

Do also check RK global.. which is charging Rs.9/- per transaction...
Charges Schedule
Brokerage Rs. 9/-* per lot
Exposure against margin(Intraday) As prescribed by NSE or 15% whichever is higher.
Software Maintenance Charges (Web Version) Rs. 99/-* per month per segment
Software Maintenance Charges (Diet-Odin)# Rs. 299/-* per month per segment

http://www.rkglobal.net/Services/WhatWeOffer.asp