Planning for Sub-brokership

#52
Rs. 30 for nifty fut and stock fut ??
or nifty option or stock option or commodity ???
Pls. eloborate.....
Minimum Brokerage of Rs. 30 on per day trade. If you have made trade of Rs. 10,000 in a day (Buy sell) with your brokerage rate of 0.03 then your brokerage is Rs. 3 but Angel will charge you minimum Rs. 30.

Trading in future will cost you according your brokerage slab like 0.03 (one side). For options they charge fixed amount for Nifty Buy Sell on intraday is Rs. 50 per lot and if you sell your call put on another day then Rs. 50 more. For Stock options Rs. 100 per lot.
 
#59
Hi,

Minimum brokerage levied by any broking house cannot go beyond 2.5% cap prescribed by SEBI. Further, its been levied not only by Angel but even by MOSL, SHAREKHAN, ICICI Direct & HDFC SECURITIES. Angel has started this recently whereby clients will be levied minimum brokerage on the trades executed on a particular day with a maximum cap of Rs. 30 or 2.5%, whichever is lower. This means that, if a client is unable to generate a brokerage of Rs. 30 then he/she shall be levied an additional brokerage up to Rs. 30 or 2.5% whichever is lower in a particular segment. Cheers!


Angel is now charging minimum Rs. 30 brokerage per trade. This is not good for small traders.
 
#60
Big Concern for affected sub-broker community and new aspiring sub-broker community.

I want to take this oppurtunity to take all sub-brokers attaention to something new fraud which is going on.....
Fraud :--- The main broker / company are still asking for service tax or deduct service tax from the sub-brokeras monthly payout.
Pls. check 2009-10 budget in which sub-brokers are exempt from service tax and main broker cannot deduct or ask for service tax from sub-brokers. means no service tax is applicable on sub-brokers earning thru main broker/company.
Pls. check this Govt. of India website : http://indiabudget.nic.in/ub2009-10/cen/dojstru2.pdf

Pls. let me know your views on this, as still many Main Stock Brokers/Company still charging /deducting/ asking money on the name of service tax from sub-brokers.

Pls. inform is there any Govt. Authority where sub-brokers can file a complaint againt these fraudster big Brokers/Companies ??

pls. reply....for the sake of existing and new sub-brokers
:clap:
 

Similar threads