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Thread: Who is your best broker and what brokerage they charge to you?

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  1. #1
    NewBie
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    Quote Originally Posted by Sumant View Post
    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.
    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)

  2. #2
    PolicyWala NewBie
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    Angel Broking
    0.02% on delivery and 0.002% on intraday and gives ODIN, so good speed too.

  3. #3
    Moderator Matrix's Avatar
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  4. #4
    PolicyWala NewBie
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    Quote Originally Posted by Matrix View Post
    Zerodha
    Rs 20 per transaction
    But there is annual maintenance changes of Rs.450. So I would avoid it.

  5. #5
    PolicyWala Fan
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    Quote Originally Posted by Aakash View Post
    But there is annual maintenance changes of Rs.450. So I would avoid it.
    ShareKhan, Kotak Securities, India Infoline etc all charge AMC. As far as I know only Indiabulls has one time AMC.

  6. #6
    PolicyWala NewBie
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    Anybody update Religare and Reliance Money brokarage charges. I had heard that Reliance Money also charge per transactions fixed amount.

  7. #7
    Administrator
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    Quote Originally Posted by Aakash View Post
    Anybody update Religare brokarage charges. I had heard that Reliance Money also charge per transactions fixed amount.
    They have various plans, I know about Trump Plus.
    Trump Plus - Brokerage is 0.025% for Intraday and 0.25% for Delivery Trades.
    You will pick up maximum wrong numbers when on roaming.

  8. #8
    PW Stalwart Master's Avatar
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    What's your view on Kotak Securities?

  9. #9
    PW Stalwart Manish_Kumar's Avatar
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    Quote Originally Posted by Master View Post
    What's your view on Kotak Securities?
    Kotak Securities
    Intraday - 0.03% (Both Side)
    Delivery - 0.3% (Both Side)
    Futures - 0.05% of Turnover (Both Side)
    Options - 1.5% of Premium or Rs. 100 which ever is higher. (Both Side)

    My daily turnover is around - 2.5 to 3 Lacs (Both Side)
    Everyone has a scheme of getting rich.. Which never works.

  10. #10
    PW Stalwart v.r.s.nathan's Avatar
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    Big disadvantage of Kotak Securities is that you can't sell the stock on the next day other that 'A' group shares and when the market is going down sharply, it makes big difference.

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