Zerodha....

[rag_bh]

The stamp duty in Karnataka is 0.01% with a maximum of Rs 50 per day...We are presently charging all clients based on Karnataka Stamp duty... So on the first lot you trade the stamp duty will look higher and hence showing more points to breakeven...

Most of the states charge between 200 to 500/ crore... so if you trade 20 lots you would pay anywhere between 200 to 500, but with Karnataka it is a maximum of Rs 50...

Is the stamp duty is charged based on client location/broker location?

Can anyone/zerodha provide the link for maximum stamp duty charge is 50rs as per Karnataka Gov.

Thanks

 

[sandeepdude]

Re: new cheapest broker is here. Zerodha

I have confirmed with them... The charge is Rs 20 per 'ORDER' placement, not per order execution... which means that we will pay only Rs 20, irrespective of when our orders get executed, and irrespective of the size of our orders. Sounds unbelievable... but it is true.

Hello Zerodha,

do you confirm with his statement?

My ECN calculates the brokerage and service tax in the other way....

 

[anayash]

Re: new cheapest broker is here. Zerodha

Hello Zerodha,

do you confirm with his statement?

My ECN calculates the brokerage and service tax in the other way....

It's true!

 

[Zerodha]

Hi sachin,

awaiting answer for the above.

Backfill for f&o will be for a month... Backfill for EQ will be available for as long as the trading has started on that particular scrip....

 

[Zerodha]

Hi Zerodha,

Any update on ICICI bank account setup ? Really hopefull that your workaround is setup asap.

Hi, the ICICI account is already setup... The issue we are facing is that the bank is not showing the account number from where the fund is coming from.. We are not allowed to take money for trading purpose from any other bank than the one that is mapped while account opening...We have put a request to icici to enable this... will keep you posted....

 

[Zerodha]

Can't we change MIS to CNC.

Yes you can!!!

 

[Zerodha]

Is the stamp duty is charged based on client location/broker location?

Can anyone/zerodha provide the link for maximum stamp duty charge is 50rs as per Karnataka Gov.

Thanks

We are online brokers and operate only from Bangalore and hence fall under the purview of only Karnataka.... WE don't have offices anywhere outside Bangalore....Have posted the link on this forum several times... Will check for the same and post once again...

 

[Zerodha]

Re: new cheapest broker is here. Zerodha

Hello Zerodha,

do you confirm with his statement?

My ECN calculates the brokerage and service tax in the other way....

Yes of course Sandeep, Rs 20 whatever the size of your order.... I joined Zerodha when I had decided to stop trading personally.... ... hmmm.... I am missing out big time on scalping, especially in options.....

 

[vijayinvitesk]

Can i know whats the status of State Bank of India's inclusion in your list of supporting banks? Or Citi bank for that matter.

 

[sumosanammain]

Any chance of including maharashtra path pedi in your online banking partners?
Or the State bank of timbaktoo. I have an account with Royal Bank of Chakan also. Any chance of inclusion? Royal bank of Chakan is even going to buy its own computer next week. Currently they use the cyber cafe in the next lane for their computer work.