What is this multiple lot higher brokerage issue cited here?
but with wc if opted for leverage 700 brokerage----7/- per lot...that's the minimum....I was told some are paying 10 or 15 as for the same with same broker??? only broker can clarify further...
@ wisdom capital
it is old saying in market that broker that provides brokerage using clients money to do so, plus prop trading against the clients...how safe is our money.....say I put in 5 lk and traded worth 50lk but with mis my margin req could be just 50 thousand (assume) my remaining 4.5 lk can be used to cover others.….in case one of the clients with highest position goes bad or bankrupt in that case u might settle using others money with exchange but how we will be covered or how safe is our money?
hope this can be asked and answered on public platform