Who is your best broker and what brokerage they charge to you?
Who is your best broker and what brokerage they charge to you?
My broker - Sharekhan; charges
Equity
For Intra-day Trades -
0.05% on the buy side and 0.05% on the sell side. This is subject to a minimum brokerage of 2 paise per share.
For Delivery Based Trades -
0.50% or 3 paise per share on both sides.
NOTE: Minimum brokerage of Rs. 16/- will be applicable only on SELL Delivery Transactions.
ShareKhan - F&O charges
Futures -
0.05% on the first leg
0.05% on the second leg if squared off on the same day and 0.05% if squared off on any other day.
Options-
Brokerage on Options trades will now be charged on the Premium component instead of the Strike Price which was levied earlier. Brokerage for all the clients will be charged as Rs. 80/- per contract or 1.5% on the premium (which ever is higher) as per the SEBI circular guidelines.
HDFC Securities - Delivery Based Trades:Equity
Resident Indians - 0.50% or min Rs.25/- or ceiling of 2.5% on transaction value (Both Buy & Sell)
FUTURES MARKET:
0.05% or min Rs.25/- or ceiling of 2.5% of transaction value (Both Buy & Sell)
OPTION MARKET :
Higher of 1% of the premium amount or Rs.100 per lot (Both Buy & Sell)
Guys, Please also add the speed and other services with the trading accounts. This will help new users to make decisions.
Out of the above three, I have used ICICI Direct and Sharekhan and Sharekhan is better in terms of speed.
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Indiainfoline
- Brokerage .25 and .025 paise
- Life time demat (No yearly AMC charge)
- Good software ( Both option web based and installed software)
- Good (I am not a big trader do little investment in shares)
I am paying -
ShareKhan online account brokerage ( 0.2% delivery and 0.02% intraday) - Without any commitment on brokerage generation or advanced brokerage.
1- You will also get Sharekhan Trade Tiger software.
2- Other charges apart from brokerage: Yearly demat charges of 400 Rs ( first year it will be free of cost)
Angel Broking
0.02% on delivery and 0.002% on intraday and gives ODIN, so good speed too.