Brokerage + other Charges in commodity trading

[wcnw]

What are the different charges in commodity trading?
Can someone please upload a sample contract note?
Any recommendations to select a brokerage house?


geojit.com and icicidirect.com mention charges as:
Geojit.com:
Brokerage for commodity trading: 0.05% of Contract value
Exchange Leavy: 0.004% of Contract value
Service Tax: 12% of Brokerage and Exchange Leavy
Educational Cess: 2% of Service Tax
Stamp Duty: 0.001 % of Contract value

ICICIDirect.com
ICICIDirect.com mentions 0.10% (for turnover Less Than 5 Crores ) as brokerage on their site

 

[ba.santosh]

What are the different charges in commodity trading?
Can someone please upload a sample contract note?
Any recommendations to select a brokerage house?


geojit.com and icicidirect.com mention charges as:
Geojit.com:
Brokerage for commodity trading: 0.05% of Contract value
Exchange Leavy: 0.004% of Contract value
Service Tax: 12% of Brokerage and Exchange Leavy
Educational Cess: 2% of Service Tax
Stamp Duty: 0.001 % of Contract value

ICICIDirect.com
ICICIDirect.com mentions 0.10% (for turnover Less Than 5 Crores ) as brokerage on their site

Hi Friends,
As far as i know arcadia offers least brokerage than any other broker in commodities.
Arcadia Share And Stock Brokers, Bangalore
Brokerage for commodity trading: 0.015% of Contract value
As per Exchange laws:
Transaction cost: 0.004% of Contract value
Service Tax: 12.24% of Brokerage and Exchange Leavy
Educational Cess: 2% of Service Tax
Stamp Duty: 0.001 % of Contract value
In case you want more details contact me at [email protected]

Regards

B.A.Santosh

 

[spojal]

can any one tell me tht who is the best broker in delhi for commodities online trading???

 

[Umesh Suresh]

i use bezel.. rs & per lot.. but u need to deposit Rs 10000 (Refundable) for 6 Months.. and no software charges unlike RK global

 

[gunadevi]

Hi..

I'm in Fixed Brokerage Scheme, Where I'm paying only Rs.1000/month but there is no limit for Trading (infinite Crore Volume) and apart from brokerage there is an another charge is Turnover Charges is fixed as per MCX (i.e.Rs.250/crore).
Service Tax: 12.24% of Brokerage..
Educational Cess: 2% of Service Tax.
Still Confused get More details through 770 880 7088..

 

[neelkanth kumar]

Have u hear about LKP securities, this co. in function since 1948 and ISO9002 certified, maximum exposure in commodities about 7-8 times you can get, if u like get in touch with me my mail id [email protected]

 

[osho343]

how these things are not covered under comparison of brokers?

 

[jackwilliam]

Who is Best Share Broker Company in Chennai & Bangalore?