Zerodha Part 2

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Let's not digress, guys. I think the moot point here is whether the clearing charges should show up separately in the contract notes. I think yes, they should, for the sake of transparency. Zerodha, is it possible ? Should be. Maybe separating the statutory charges from discretionary will also make your accounting procedures easier. It certainly will go a long way in earning goodwill for you.
Yes its not about how much they charge, its their discretion, its about how it is represented.

On one side they talk advertise about No Brokerage or ZERO Brokerage and it is clear from the above that the Transaction charges are being padded with extra cost for the traders (to a tune of 5 Paise for a round trip).

Its definitely not Transparent by any standards . . .
 

Trader J

Well-Known Member
Dear Soft and All,

Please make a list of discount brokers in India, I know following

Action Fin : Rs 190 /Crore
Smarttradeonline: Rs. 240/crore
RSKV :Rs. 230/crore
Zerodha :Rs. 490/crore
Composite Edge : Rs 490
Achiivers :

Please add....Thanks
Dear All,

I received email from Tradewin.in, fix monthly brokerage fo commodity trading, they have three plan, Rs 1999 for three months up to 10 crore, Rs 1799 per Month for unlimited, and Rs 3999 for three months unlimited.

Some one suggest Zerdha should seprate transaction charges in contract note, 190 and 300 per crore, but there is no difference, we have to pay charges anyway. Also we dont have any benefit of how they pay taxes or not. We need all in one broker who has minimum charges with maximum facility. I think next year many brokerage co will come forward with new plans. Thanks
 

Trader J

Well-Known Member
Dear All,

I received email from Tradewin.in, fix monthly brokerage fo commodity trading, they have three plan, Rs 1999 for three months up to 10 crore, Rs 1799 per Month for unlimited, and Rs 3999 for three months unlimited.

Some one suggest Zerdha should seprate transaction charges in contract note, 190 and 300 per crore, but there is no difference, we have to pay charges anyway. Also we dont have any benefit of how they pay taxes or not. We need all in one broker who has minimum charges with maximum facility. I think next year many brokerage co will come forward with new plans. Thanks
I just received call from Tradewin, the transaction charges are 250/Crore compare to Zerodha 450/Crore. They have trading software like Odin, they will launch soon NSE. Cheers....
 
Hi zerodha,

Just a few minutes ago I traded following script but something unexpected happened can u please explain details of my trade are:

Script name= jp ass
Time 12:20:55
Qty=1
Limit price entered by me = 96.60

Please check at that time price was not even near 96.60 and my order was executed at instant i.e at 96.60 , check candle stick chart at that time can u please explain why that happened
 

megapixel

Well-Known Member
Hi zerodha,

Just a few minutes ago I traded following script but something unexpected happened can u please explain details of my trade are:

Script name= jp ass
Time 12:20:55
Qty=1
Limit price entered by me = 96.60

Please check at that time price was not even near 96.60 and my order was executed at instant i.e at 96.60 , check candle stick chart at that time can u please explain why that happened

you should be happy with the limit order execution ! :)
 
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