I worked as a jobber in mumbai; and now i am planing to trade for my own account from my home. To survive as jobber in market we need to have cheapest brokerage & as per my knowledge zerodha, indiainfoline, sharekhan, Rk Global etc are not eligible to give jobbing trading platform or whatever we all are discussing on this forum. Almost all jobbers trades on OPTIONS, beside trades are made only if volume is high on Equity or future.
Brokers mention above, for an Option trading brokerage are charged per contract i.e Rs:100, 50, 30, 20 or 9 etc. Jobbers average trades made are above 100 plus. If above brokerages is considered for trading, 100+ trade are not possible due too exceed in cost.
As per my research Crosseas Capital Services Pvt. Ltd. provide lowest brokerage for OPTION trading i.e 0.005% on premium, Rs: 500.00 on one crore(Excluding Government charges). E-Trading Software ODIN DIET VER 9.1.5.0 which is best at present.
plz go no the site and explore all information, & if any other better option available for BROKER in terms of services, brokerage lets share.
And second thing i am not a company board director or employer to promote the company, i am just a jobber/trader with an eye opened. What i see on Internet I showed. I posted this thread last day but don't know how it got deleted, or it may be deleted by moderator. If this is a thing that we cant spread our knowledge, then there is no need to have my account on TRADERSJI Forum. I request moderators to first have a look weather information posted is false or true before deleting the thread.
This example is for members "sach007" who asked me about how "Crosseas Capital Services" is cheap then ZERODHA. I couldn't answered him because before answering my threat got deleted.
Suppose If u trade 10 contract of OPTION premium 55 from zerodha brokerage would be RS:20.00 (Rs: 20.00 Excluding Goverment Charges)
by Crosseas Capital Services brokerage would be
Brokerage = 50*10*55=27500 (Option Lot Quantity * lots * Option Value)
Brokerage = 27500*0.005
Brokerage = 1.375
I am sharing this because, if there could be any better option available for broker & trading platform i will be happy, even if someone around here on this forum and he is not aware about broker i mention he will get this knowledge & he will be happy. If I am wrong I am really sorry for all of my stuffs.
Thanks!
Brokers mention above, for an Option trading brokerage are charged per contract i.e Rs:100, 50, 30, 20 or 9 etc. Jobbers average trades made are above 100 plus. If above brokerages is considered for trading, 100+ trade are not possible due too exceed in cost.
As per my research Crosseas Capital Services Pvt. Ltd. provide lowest brokerage for OPTION trading i.e 0.005% on premium, Rs: 500.00 on one crore(Excluding Government charges). E-Trading Software ODIN DIET VER 9.1.5.0 which is best at present.
plz go no the site and explore all information, & if any other better option available for BROKER in terms of services, brokerage lets share.
And second thing i am not a company board director or employer to promote the company, i am just a jobber/trader with an eye opened. What i see on Internet I showed. I posted this thread last day but don't know how it got deleted, or it may be deleted by moderator. If this is a thing that we cant spread our knowledge, then there is no need to have my account on TRADERSJI Forum. I request moderators to first have a look weather information posted is false or true before deleting the thread.
This example is for members "sach007" who asked me about how "Crosseas Capital Services" is cheap then ZERODHA. I couldn't answered him because before answering my threat got deleted.
Suppose If u trade 10 contract of OPTION premium 55 from zerodha brokerage would be RS:20.00 (Rs: 20.00 Excluding Goverment Charges)
by Crosseas Capital Services brokerage would be
Brokerage = 50*10*55=27500 (Option Lot Quantity * lots * Option Value)
Brokerage = 27500*0.005
Brokerage = 1.375
I am sharing this because, if there could be any better option available for broker & trading platform i will be happy, even if someone around here on this forum and he is not aware about broker i mention he will get this knowledge & he will be happy. If I am wrong I am really sorry for all of my stuffs.
Thanks!