Please mention the brokarage fees for derivatives in indian market.?
Saturday, January 30th, 2010 at
4:01 pm
There is different brokorage for different brokers house. It is requested to mention on what basis the brokarage fees are taken for futures / option etc. Whether it is based on number of lots or amount of trading. Please also suggest whether local sub brokers are more cheap than others. Is it easy to trade in on line for futures. What are the best on line brokers for the purpose. I expect your valuable response on the same. Thank U.
Filed under: Natural Gas Futures
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Brokerage is based on Lots.
Choosing the best platform is again based on various factors like the ease of use, fast responsiveness etc.
I personally use ICICI direct , which seems to be good in all respects
brokerage is depend on the worth of share but minmum brokers are taking 3paise per hundered,
Brokerage on F&O is applicable only on the premium u pay. For example, if buy a contarct value of Rs.1 lac and the premium u paid is only Rs.5000/- , then Brokerage is applicable on premium of Rs.5000/- only.
Nevertheless, the Brokerage Firm prescribes a minimum fee of Rs.60-80 per lot. For Eg: if u pay a premium of Rs.50, even then u would have to shell out minimum fee of Rs.60-80.
Hope this clarifies ur query.