RK Global Commodity charges

[megapixel]

softy will give exact figure but around 70 - 80 in rkg, 140-50 in zerodha(due to 50/- stamp duty).

great. ...Thats a good savings.....I paid 149 Rs for this trade in Zerodha....this hurts while I did not make money in this trade

There is no stamp duty in RKG ?

 

[MANISH_DAMANI]

it means Rk global is cheaper for commodities. Thank god I had droped Idea for Zerodha.

 

[megapixel]

I wish if RKG had a Mobile platform for MCX ....definitely worth switching

 

[TraderRavi]

it means Rk global is cheaper for commodities. Thank god I had droped Idea for Zerodha.

stamp duty is fixed @ 50/- per day in zerodha..so after first lot, charges will be 100 for next trade....still rkg is cheaper......

 

[soft_trader]

I wish if RKG had a Mobile platform for MCX ....definitely worth switching

@ Megapixel,

RKG does have a mobile platform. I have tried it, it's pretty good.

 

[asok sen]

I have A/C with both the broker and found RKG is better for small trader.
RKG have no stamp duty (50/-) as charged by zerodha.

 

[soft_trader]

great. ...Thats a good savings.....I paid 149 Rs for this trade in Zerodha....this hurts while I did not make money in this trade

There is no stamp duty in RKG ?

That's why I have some some research before switching to RKG. I already have an account with Zerodha commodities.

They charge 450/- per crore in MCX. Turnover charge, clearing charges, stamp duty and all other charges except brokerage is included in that.

 

[soft_trader]

@softtrader... I have never traded in commodities how I can start and what are the common commodities with which I should start

For experience you can start with mini/micro contracts. Nickel, copper gold will be good for a starter.

Don't ever trade silver. It's a wild horse. Slippage will kill you. Just my personal opinion.

Commodities are good, at-least better than Nifty. I am thinking of quitting equity market completely.

 

[megapixel]

@ Megapixel,

RKG does have a mobile platform. I have tried it, it's pretty good.

Can you please post the link of their mobile platform ? I don't find any reference in their website.

I guess its not NSE NOW ....NSE NOW does not support MCX.

 

[soft_trader]

Can you please post the link of their mobile platform ? I don't find any reference in their website.

I guess its not NSE NOW ....NSE NOW does not support MCX.

@MP,

You can call their IT team and they will help you installing it.

Don't know it's permissible to post link here or not. Anyway here it is:

http://www.rkglobal.net/Installation.aspx

Moderators are free to delete this if it is not allowed. I don't want to get banned