hi.....
actually i m thinking of making comparison of religare,motilal oswal,unicon securities ltd.and two more companies with respect to brokerage,services provided by them..............
thanks
Riya
Hi Riya, Ramesh has very kindly volunteered to help you. It is so nice of him. If you watch his posts on the Forum, you will know how busy he is and not to mention his own Trading and guidance.
Maybe you can begin by doing a Search in this Forum itself. Search for "Brokerage" (Titles only), you will get the Threads that have the word "brokerage" in it. Have a look in the proper thread for some material for your Paper.
One such Post I found , a 2008 Post :By Asish Lodhi
Here is the link :
http://www.traderji.com/brokers-tra...ect-sharekhan-india-bulls-geojit-5-paisa.html
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Comparison between major brokerage firms
ICICI Securities HDFC Securities UTI Securities 5 Paisa (Indian Infoline) Indiabulls
Account Opening Charges Rs.750 Rs.750 Rs.600 Rs.750 Rs.500
Brokerage (%) Delivery Intraday Delivery Intraday Delivery Intraday Delivery Intraday Delivery Intraday
0.75 0.15 0.75 0.15 .80 .15 0.251 0.071 0.5 0.10
With all taxes and other charges per 100 0.92 0.19 0.92 0.19 0.97 0.19 0.87 0.12 0.64 0.12
Transaction Charges (selling) Rs.20 or 0.04% of transaction, whichever is more Rs.23 or 0.04% of transaction, whichever is more Rs.23 or 0.04% of transaction, whichever is more Rs.23 or 0.04% of transaction, whichever is more Rs.17
Exposure on Cash NIL 4 times NIL 4 times NIL NIL NIL NIL 2/4 times 12 times
Exposure on Securities NIL NIL NIL NIL 75% 0f the Market Value
Minimum Margin - - Rs.10,000 Rs.2,500 NIL
Annual Maintenance Charges Rs.350 Rs.500 Rs.250 Rs.300 NIL
Banking facility ICICI Bank HDFC UTI Bank - All Banks
Net Banking facility ICICI Bank HDFC UTI Bank - HDFC/ICICI/
Citibank
Charting NA NA NA Thru software2 Thru Software
Historical Data NA NA NA NA Available for the last 4-5 yrs & linked to the s/w
Intra day cut off time 3 pm 3 pm 3 pm 3 pm 3:10 pm
Relationship Manager N.A. N.A. NA NA Assigned to every client
* 1. The brokerage will be charged on the condition of Monthly fixed fee of Rs.800/- or Yearly Rs.8, 000/-. And whatever trading you did the brokerage will get deducted from this amount with the mentioned rate. I.e. you are require to trade approx volume of Rs.14, 00,000 per month to get the benefit of this already paid amount.
* 2. Only intraday[/SIZE][/SIZE][/SIZE]