do u know friends whts d brokerage(exchange charge) that every other broking companies pay to the exchanges?. Its RS 3 per lakh volume in case of INTRADAY/ FUTURES, and less than RS 35 per lakh for delivery based transactions(cash delivery). and when it comes to OPTIONS usually charge is charge is on d basis of PREMIUM paid its just abt RS 20 per Lakh premium (Total volume could b in crores).
Now think whts d brokerage ur (retail trader/customer) being charged. Its usually 10-18 times d cost tht d brocking company incures, Moreever u will be charged minimum flore charge/brocking, which i have not factored in here to see the burden on u people.
thanks 4 raising this topic here.
Now think whts d brokerage ur (retail trader/customer) being charged. Its usually 10-18 times d cost tht d brocking company incures, Moreever u will be charged minimum flore charge/brocking, which i have not factored in here to see the burden on u people.
thanks 4 raising this topic here.