If you see the Sheet bpr has prepared on broker comparison mostly the transaction or turnover along with stamp charges differ. Those can be enquired. In your opinion what hidden charges does myvaluetrade, asthma and sas have? If we know under what head they are charging we can enquire further
For NSE Futures : 190/crore.
NSE Options : 5050/Crore
For MCX : 210/Crore
Currency : 115/Crore.
My Value Trade Charging:
For NSE Futures : 350/crore. 84% higher.
NSE Options : 7000/Crore. 40% higher.
For MCX : 400/Crore. 90% higher
Astha Charging:
For NSE Futures : 450/crore. 136% higher
NSE Options : 8900/Crore. 76% higher
For MCX : 450/Crore. 114% higher
Trade Plus Charging:
For NSE Futures : 350/crore. 84% higher
NSE Options : 7500/Crore. 49% higher
For MCX : 400/Crore: 90% higher
SAS Charging:
For NSE Futures : 250/crore. 31% higher
NSE Options : 6500/Crore. 29% higher
For MCX : 400/Crore. 90% higher
So these Brokers are earning a lot from backdoor. Innocent Traders are happy that they are only paying 99/month or 1000/month in terms of Brokerages to the brokers like trade plus or My value Trade.
Active Traders whose trading volume is roughly 2 crores per day and trading for 20 days per month, making their Broker rich as per the following :-
Monthly additional charges paid to the cheap brokers :
10000/- for NSE Futures.
80000/- for NSE Options.
90000/- for MCX Futures.
Ain't it cheating
source : http://comparebrokerages.in/brokerage/asthatrade
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