Are you looking for super super cheap brokerage?

[anoopkumar]

Could you pl also throw some light on the which brokerage site, apart from low brokerage, has best TA capabilities, gives intraday chart for equity and futures also.
Thanx.

-Anoop Kumar

What I am about to share applies to full time intraday traders or atleast for people whose trading turnover is more than 1-2 lakhs per day.

After losing or making money since last 1-2 years in intraday trading, I have realized that your brokerage should be minimum 1 paise or even less if possible, that too only on one side (either buy or sell).
If i calculate the brokerage I pay for my entire year, it sometimes outsets my profits and I really feel bad about it.

So, I believe all those threads where ppl are talking about angel, ventura, sharekhan, geojit etc and talking about 2 paisa brokerage are beginners or intraday traders who dont think from a long term perspective.

I am surprised why and how does one does intraday trading with even 2 paisa??? What I am more suprised is that no senior has even written about this..... Why?

I know there are threads on rk global and justtrade who offer super low brokerage, but people still keep on talking about sharekhan, indiabulls etc for lower brokerage. I know that some may have credibility and reliability issue with brokers like rk, justtrade, etc... but then what are the good options available???

I am open for comments.....

 

[iTrade]

Could you pl also throw some light on the which brokerage site, apart from low brokerage, has best TA capabilities, gives intraday chart for equity and futures also.
Thanx.

-Anoop Kumar

See Anoop, you cannot find all of the required things in one broker...I use sharekhan tradetiger for charting, and live quotes. Combined with that you can use RK for trading..makes sense?

 

[anoopkumar]

That means I need to maintain two accounts. Thanx .

See Anoop, you cannot find all of the required things in one broker...I use sharekhan tradetiger for charting, and live quotes. Combined with that you can use RK for trading..makes sense?

 

[iTrade]

Yes. I believe every active person on this forum would have had atleast 2 account

 

[prabit]

See Anoop, you cannot find all of the required things in one broker...I use sharekhan tradetiger for charting, and live quotes. Combined with that you can use RK for trading..makes sense?

Yes I also agree with you. What I have gathered from the forum, many are using tradetiger for charting and rkglobal for FnO(low brokerage rs 9 per lot.I am trading cash in small quantity and I am with religare, brokerage .025%,otherthings ok. When I start fno, I plan to go for rkglobal. I did not know of margin issue. I invite more members to discuss about the issue. Because moneymanagement is a very important issue.

 

[alroyraj]

Yes I also agree with you. What I have gathered from the forum, many are using tradetiger for charting and rkglobal for FnO(low brokerage rs 9 per lot.I am trading cash in small quantity and I am with religare, brokerage .025%,otherthings ok. When I start fno, I plan to go for rkglobal. I did not know of margin issue. I invite more members to discuss about the issue. Because moneymanagement is a very important issue.

This thread details the margin at RKG

http://www.traderji.com/brokers-trading-platforms/43258-margin-exposure-futures-trading-2.html