Zerodha....
- Thread starter bharath.mang
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- Tags bakwaas now cheapest brokerage nest nest plus new broker zerodha zerodha trader
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Re: Zerodha calculator
Hi, carnot11,
You have done a good job for stamp duty tab [0.01% or 50 which ever is lower].
Do it similarly for brokerage tab also [as there is no plan A & B separately but both merged].
Change brokerage tab to zerodha percentage brokerage slab:-
0.01% for Intraday/Futures & 0.1% for Delivery) or Rs. 20 whichever is lower. For option it is 0.01% of the contract turnover [Strike+Premium].
Waiting for a correction in the brokerage tab too. Just do it in single page, as we don't need Plan A & B separately, not any more. :clapping:
Everyone would appreciate your effort.
Best Wishes.
Hi, carnot11,
You have done a good job for stamp duty tab [0.01% or 50 which ever is lower].
Do it similarly for brokerage tab also [as there is no plan A & B separately but both merged].
Change brokerage tab to zerodha percentage brokerage slab:-
0.01% for Intraday/Futures & 0.1% for Delivery) or Rs. 20 whichever is lower. For option it is 0.01% of the contract turnover [Strike+Premium].
Waiting for a correction in the brokerage tab too. Just do it in single page, as we don't need Plan A & B separately, not any more. :clapping:
Everyone would appreciate your effort.
Best Wishes.
Re: Zerodha calculator
Dear Friends,
I know that Zerodha charges 0.01% or Rs. 20/- whichever is lower and that there is only one Plan now offered by them.
However what I am not sure if 0.01% is for the turnover on the contract note for the day or for the executed order similar to Rs. 20/-.
Let us wait for comments from Zerodha. I am sure they will make proper corrections and return with brokerage calculator which will help us all.
Enjoy,
CArnot
Dear Friends,
I know that Zerodha charges 0.01% or Rs. 20/- whichever is lower and that there is only one Plan now offered by them.
However what I am not sure if 0.01% is for the turnover on the contract note for the day or for the executed order similar to Rs. 20/-.
Let us wait for comments from Zerodha. I am sure they will make proper corrections and return with brokerage calculator which will help us all.
Enjoy,
CArnot
Re: Zerodha option brokerage
I think option brokerage:-
0.01% for the contract turnover for executed order [not contract note for the day] or Rs. 20 whichever is lower.
Zerodha pls clarify it with clear example of buy & sell say 4900PE & 5100CE currently, separately for 1LOT mininifty(20units) and nifty(50units).
So that our friend carnot11 can make change the brokerage calculator for us.
Regards.
I think option brokerage:-
0.01% for the contract turnover for executed order [not contract note for the day] or Rs. 20 whichever is lower.
Zerodha pls clarify it with clear example of buy & sell say 4900PE & 5100CE currently, separately for 1LOT mininifty(20units) and nifty(50units).
So that our friend carnot11 can make change the brokerage calculator for us.
Regards.
Re: Zerodha option brokerage
WOW!!! that is a lot of discussion about the charges ... One of the reasons why I was saying only Rs 20/executed order for options...
..
For futures, it is 0.01% or Rs 20 per executed order... If you buy and sell 2 lots of Nifty futures, you create a turnover of 100 x 5000(nifty @5000) + 100 x 5000 = 10lks ... at 0.01% you would pay Rs 50 for buying and Rs 50 per selling which is Rs 100 , but we charge you 0.01% or Rs 20 whichever is lower... so you pay Rs 20 for buying and Rs 20 for selling which is Rs 40 totally.
When you trade options, say you buy 1 lot of 5000 calls for Rs 100... Your turnover is (5000 + 100) x 50 = 255000.... You pay 0.01% of this turnover or Rs 20 whichever is lower... 0.01% of 255000 is Rs 25 and hence you pay Rs 20 which is lower...
But if you trade mini nifty options and you are doing only 1 lot, 20 x ( 5000 + 100) which is 101000, @ 0.01% you pay 10.01 which is lower than Rs 20, and hence you pay only Rs 10...
While calculating brokerages, we look at every individual executed order and see which is lower, 0.01% or Rs 20 and charge you the same...
Cheers...
WOW!!! that is a lot of discussion about the charges ... One of the reasons why I was saying only Rs 20/executed order for options...
..For futures, it is 0.01% or Rs 20 per executed order... If you buy and sell 2 lots of Nifty futures, you create a turnover of 100 x 5000(nifty @5000) + 100 x 5000 = 10lks ... at 0.01% you would pay Rs 50 for buying and Rs 50 per selling which is Rs 100 , but we charge you 0.01% or Rs 20 whichever is lower... so you pay Rs 20 for buying and Rs 20 for selling which is Rs 40 totally.
When you trade options, say you buy 1 lot of 5000 calls for Rs 100... Your turnover is (5000 + 100) x 50 = 255000.... You pay 0.01% of this turnover or Rs 20 whichever is lower... 0.01% of 255000 is Rs 25 and hence you pay Rs 20 which is lower...
But if you trade mini nifty options and you are doing only 1 lot, 20 x ( 5000 + 100) which is 101000, @ 0.01% you pay 10.01 which is lower than Rs 20, and hence you pay only Rs 10...
While calculating brokerages, we look at every individual executed order and see which is lower, 0.01% or Rs 20 and charge you the same...
Cheers...
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