Intraday brokerage in indiabulls

[guruvenkatesh2007]

hi dears,

on 14-6-2012, i traded following scrips..

scrip buyqty amt sellqty amt
DLF Intraday 100qty 19510 100qty 19500 = -10
HDIL Intraday 200qty 15110 200qty 15000 = -110
IRB Intraday 400qty 50980 400qty 51415 = 435
NCC Intraday 500qty 18300 500qty 18100 = -200


total gross profit = 115.00
indiabulls brokerage = 141.24

after brokerage .. net loss = 26.24

PLEASE SAY THIS BROKERAGE IS HIGH OR REASONABLE...

IN ZERODHA OR RKGLOBAL HOW MUCH THEY CHARGE FOR THIS QTY OF TRADE..

PLS TELL

THANKS IN ADVANCE

 

[DataRam]

The brokerage which you have mentioned above seem to be on the higher side from the perspective of an intraday trader.

Regarding Zerodha , they have placed a calculator on their website in which you can easily feed the buy/sell values of the trade and get the resultant brokerage & other charges in the calculator. It is a very handy tool for exactly knowing the charges you will be paying for your trades.

I recommend you to use this calculator and compare what you have been paying at indiabulls for the same. :thumb:

 

[Creep]

hi dears,

on 14-6-2012, i traded following scrips..

scrip buyqty amt sellqty amt
DLF Intraday 100qty 19510 100qty 19500 = -10
HDIL Intraday 200qty 15110 200qty 15000 = -110
IRB Intraday 400qty 50980 400qty 51415 = 435
NCC Intraday 500qty 18300 500qty 18100 = -200


total gross profit = 115.00
indiabulls brokerage = 141.24

after brokerage .. net loss = 26.24

PLEASE SAY THIS BROKERAGE IS HIGH OR REASONABLE...

IN ZERODHA OR RKGLOBAL HOW MUCH THEY CHARGE FOR THIS QTY OF TRADE..

PLS TELL

THANKS IN ADVANCE

Looks like you are paying 0.05% as brokerage, which is on the higher side.. I don't know if any big brokers will give you 0.01% if your volumes are lesser than 25 to 30 lks.. I suppose you would have to go to some others than the popular ones...