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Why you making things completed???

Trader J,

Do not understand why you making things so complicatoued?

As you agreed and we all know, as of now Zerodha is the best.

Regarding transaction charges, Zerodha has already very clearing mentioned that TC will be charged more with them(they mentioned reason too, please go through previous posts) and will come down in future.

We small investors are very happy with Zerodha and if you are HNI kind of trader then just call them or email them mention your concerns as well as raise the questions in your mind.

You can post here as well as you did now, but do not shoot questions in this way, if you want then do only with them directly by calling them or email them, if you are really interested to trade with Zerodha.

If you want to contribute anything to us then let us know which broker is charging you less then Zerodha i.e., per lot either 0.01 or 20/- whichever is more(starting from monday). We will move to that broker if they provide the same brokerage that they providing to you. Since we are small investors, definetly they will not provide the brokerage that you getting.

Zerodha, thanks for your brokerage plan, we are very happy and we are able to save lot of brokerage. Now I'm able to implement good option stratagies with very less brokerage and from monday as you mentioned before, it will be going to be still very less !! Thank you..

@respectinvestor, when other brokers charging so much of brokerage, you never never concerned about that anywhere in this traderji forum, but in this Zerodha's forum you seemed very concerned for others.

@respectinvestor, show your intellgency in your brokerage business.
If you can, give us a competive brokerage then Zerodha.
Behave like a gentleman instead of calling others baby and new born...

But will respond to you whenever im free as im now and do not except my immediate response as you was expecting for others.

I'm writing this long reply only to support our Zerodha..
They saved lot of my money and my savings continues in future with Zerodha.

Dear all fellow traders, let's be united to respond to such people.

Because, new traders should also get same benefits as we getting now with Zerodha. If we wont respond then new traders will be in confusion and may get continue trading with the same brokers who are charging high brokerages.

If any of you interested in options trading then please go through below URL:
http://www.traderji.com/options/30597-low-risk-options-trading-strategy-option-spreads.html

Trader J & respectinvestor, contribute something like what AW10, Dan, linkon, SmartTrade and many more unselfishness people.

Let's trade with good stratagies with less brokerage..

Happy Trading..

Thank You Zerodha, Wish You Many More Success.
 
R

respectinvestor

Guest
@respectinvestor

Ultra HNI ?? For 2000-3000 Nifty Future Intraday Trading , Off course NOT

You need only Rs 50,000 in your account for trading 2000 Nifty per Day, but you have take position maximum 250 at one time , One can do easily 8 trade in 6.5 hr in a day. If you have Rs 150,000 in your account, than you can trade 500 to 700 Nifty, trade 4 to 10 time in a day, depends on Volatility.

Name of Brokers, Many.. like RKG, Bezel, BNP, etc , they all offer Rs 9 or 10 Per lots , and if some one regularly trade ( and Deposit 1 Lac or 2 Lac, and trade Intraday only), than Rs 7 , or 5 per lots etc.

So please come out from the WELL, now 1 paisa , 2 Paisa etc very old fashion.


Now a days only costing for trading is taxes, and STT is Rs 42.5 per lot and Transaction Charges Rs 9.5 ( Zerodha Rs 27)
@Trader j

Thanks a lot for telling how someone with 1.5 lacs can trade 500 -700 Nifty...I knew it anyway...was just interested in knowing the name of the broker ...kindly specify...who gives this deal and charges transaction charges as you mentioned....everyone knows about Bezel.R K Global...we are interested in knowing your particular broker...after all business will increase only...

If the comparison is on one to one basis then only transaction charges charged by your broker matters...not the exchange stipulated charges which is charged only by a few brokers like Icici direct

It can not be that one takes the best case scenario from everywhere and then tell that Zerodha is expensive...so one takes Transaction charges Charged by ICICI..(at the same time ignoring the brokerage charged by it)..then one takes brokerage charged by another entity (at the same time ignoring the transaction charges charged by it)..the comparison needs to be logical...valid...not picking up bits and pieces from everywhere...:D

Well 1 paisa is not that old fashioned yet....and I bet .2 paisa for 1-1.5 crores has not become that common as yet...and anyway now you are going to be charged .12 paisa...so Best of Luck... :thumb:

Name the broker ...and it should be charging the transaction charges as you mentioned in your previous post when you compared it with Zerodha...would simply love these type of deals pouring in...:D
 
R

respectinvestor

Guest
Thanks for wishes .
Any way.I have contract Note I can forward youbut my broker has many slabs for different client.so you understand

But, once again I would appreciate your brokerage plan (Rs 20 per Exec Order) specially its available for all traders, it is best in India as I know and I hope so it will be in near future also.If some broker (having clearing membership) will not follow your plan.

Few questions raise in my mind What is clearing ? How much you paid per day ? If you have turnover of 300 Crore buy ((300 Crore Sale ) per day in future segment , your total transaction charge would be Rs 324,000 out of this Rs 210,000 will go to clearing member, its mean clearing member earning more than NSE ( Rs 114,000) ??
Please let we know .. Thanks... and also NSE knows about this..
@trader j..everyone understands...that a broker has different slabs for different clients...what I am interested in knowing whether a person doing 40-60 lots of nifty..so effective trade value 1-1.5 crore in a day gets the kind of brokerage you have mentioned along with the kind of transaction charges you have tried to compare Zerodha with..post ur contract note or forward it to zerodha...and you will do a grand favour when your brokerage gets reduced to Rs. 3 per lot and you post it as well...:annoyed:

do not deviate from the main issue....comparisons need to be logical...no one is asking how much are others being charged at a different slab...since you proclaimed to the world how doing 40-60 lots does not make sense with Zerodha...because of transaction charges you are being asked to enlighten us...

@Zerodha...why you people charge anything at all? why you have put up an office..why you pay salary to your employees? look at it...now we know that nowadays the only charges which needs to be paid is STT..Tr. Sd...trading is already close to free...may be tomorrow some one among us will ask you to pay brokerage to us whenever he trades..:D
 

Trader J

Well-Known Member
@Trader j

Thanks a lot for telling how someone with 1.5 lacs can trade 500 -700 Nifty...I knew it anyway...was just interested in knowing the name of the broker ...kindly specify...who gives this deal and charges transaction charges as you mentioned....everyone knows about Bezel.R K Global...we are interested in knowing your particular broker...after all business will increase only...

If the comparison is on one to one basis then only transaction charges charged by your broker matters...not the exchange stipulated charges which is charged only by a few brokers like Icici direct

It can not be that one takes the best case scenario from everywhere and then tell that Zerodha is expensive...so one takes Transaction charges Charged by ICICI..(at the same time ignoring the brokerage charged by it)..then one takes brokerage charged by another entity (at the same time ignoring the transaction charges charged by it)..the comparison needs to be logical...valid...not picking up bits and pieces from everywhere...:D

Well 1 paisa is not that old fashioned yet....and I bet .2 paisa for 1-1.5 crores has not become that common as yet...and anyway now you are going to be charged .12 paisa...so Best of Luck... :thumb:

Name the broker ...and it should be charging the transaction charges as you mentioned in your previous post when you compared it with Zerodha...would simply love these type of deals pouring in...:D
@respectinvestor

Thanks , you understand every things, I appreciate. I am sorry ,I couldnt tell you the name of my Broker, My broker has all type of client and has many slab of brokerage(its depend trader to trader, taking more than and may be he is offering less than me also) and he is also clearing member of NSE. Once again I want to say brokerage of ZERODHA is best offer.

Now main point is Transaction Charges, please let we know about following questions.

1. What is transaction charges ? ( as per NSE circular it should be Rs 190 per Crore volume in Future trading)

2. What is clearing charges ? Is there any circular from NSE or SEBI ?

3. Any one ( If yes Please let we know posting on this thread)has any confirmation from authority that transaction charges may be differ broker to broker and its include clearing charges etc.

4. What is clearing member ? Why clearing charges differ broker to broker ?

Dear ALL, Please add if you have any more question and please reply if you have any answer of above questions. thanks
 
R

respectinvestor

Guest
@respectinvestor

Thanks , you understand every things, I appreciate. I am sorry ,I couldnt tell you the name of my Broker, My broker has all type of client and has many slab of brokerage(its depend trader to trader, taking more than and may be he is offering less than me also) and he is also clearing member of NSE. Once again I want to say brokerage of ZERODHA is best offer.

Now main point is Transaction Charges, please let we know about following questions.

1. What is transaction charges ? ( as per NSE circular it should be Rs 190 per Crore volume in Future trading)

2. What is clearing charges ? Is there any circular from NSE or SEBI ?



3. Any one ( If yes Please let we know posting on this thread)has any confirmation from authority that transaction charges may be differ broker to broker and its include clearing charges etc.

4. What is clearing member ? Why clearing charges differ broker to broker ?

Dear ALL, Please add if you have any more question and please reply if you have any answer of above questions. thanks
@Zerodha: I am not on your pay rolls...still thank me for this

@Trader j: you have so many questions to ask ? but till now you have not told the name of your broker...:D

How does it matter to anyone how many types of clients your broker has..and how many slabs it has..or is yours the only broker in India which has many types of clients:D

you appreciate and you are sorry that you could not tell the name of your broker...at the same type still this mystery remains...

your broker is a clearing member...GREAT...but does it have a name dear..:clapping:

and now coming to transaction charges I am sure you have done a great deal of research..agreed you are right on NSE circular...but why dont you go to Edelweiss and ask the same? u have discovered the secrets of this trading world ..that transaction charges are 190/crore...and once NSE comes to know that people are charging more than this ...CBI inquiry will be ordered...its a declared charge posted on the site of Zerodha....and there must be reasons for it...majority of brokers except a few charge in similar fashion ...why dont you post transaction charges by your own broker...Kotak charges 230 in futures plus service tax...

Regards...but one thing ...you write everything except the name of your broker which is a clearing member and has different types of clients....:annoyed:

Bhaiya Dabba to nahi khel rahe ho..leverage 2000 me 2 lots of Nifty:D
 
@zerodha... pls tell me whether Currency trading has started .
If yes, has my trading account activated bcoz i m getting error message while placing order.
 
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You are correct.I checked sample contract note 20 Rs per exec order

Problem is Transaction charges Example if you buy and sale 1000 NIFTY futureNIFTY @ 5000

Zerodah BrokerageRs 40 Other Brokerage Rs 200 ( Rs 5 per Lot)
Zerodha T charges----Rs 540 Other T Charges Rs 190

Zerodha 580 and Others 390
sir can u please name the broker who is providing you .002 % brokerage for fno and intraday i am paying .005 with brokerage commitment of 1 lacs at religare per year

If its some small time broker then he can charge you 20 rs crore also
but if he is some reputed broker and chargin you 200 rs per crore kindly let me know
 

Zerodha

Well-Known Member
@zerodha... pls tell me whether Currency trading has started .
If yes, has my trading account activated bcoz i m getting error message while placing order.

User ID DD0013-13906
Hi Dewashish,

All orders in currency has to be placed under MIS...

Do send us an email on [email protected] for any personal assistance, we are always online, so can answer your query faster...
 
Hi Zerodha !

How much cash in ledger balance requires to short/buy one lot each of the following:

1) Mini nifty (20)
2) Nifty (NF) (50)

My Demat is still pending and ILFS ( Zerodha's partner) is making it mess.

Anyway I decided to open demat with other brokers.
 
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