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Suggestion Required on Demat Account

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Suggestion Required on Demat Account

Postby gniru_123 » Thu May 01, 2014 7:41 am

Hi All,

I am currently having my Demat account with indiabulls and looking to move to other provide for cheaper brokerage and more margin.
Can some one suggest me some Good broker. I am currently living in Melbourne and need to move to other broker from here.

Below are my current Charges:

Futures & options: 75 per lot on one side
Intraday: 5paise brokerage ( 12 times margin)
Delivery(Cash): 15paise

Any good broker who can provide better margin, and less F&O charges would be good for me.
I cannot do with software and need broker of web based interface please.

Any inputs or pointers would be helpful.
Thanks in Advance.

Regards,
GNiru
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Re: Suggestion Required on Demat Account

Postby mehul03ec » Thu May 01, 2014 10:18 am

You can go for RK global, ventura having cheaper brokerage. Faciltiy you will not get in cheaper brokarage. services of sharekhan is good (higher brokerage).
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Re: Suggestion Required on Demat Account

Postby gniru_123 » Thu May 01, 2014 12:11 pm

Thanks Mehul.

Will RKglobal, Ventura allow me to open account from overseas or should i be in india to open the account.
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Re: Suggestion Required on Demat Account

Postby SOMU » Thu May 01, 2014 12:18 pm

I am very happy with compositedge they have cheapest brokerage and excellent service. De mate charge Rs 400 per annum. Also you can take exposer on your stocks holding at Deamte account by emailing them.Unlike Rk global who don't provide any ex poser margin on your stocks holding.

Trading charges as mentioned :

1.Intraday Rs 18 or 06 paisa per trade which ever is lower per trade one side irrespective of lot or quantity. After 1000 trade it become Rs 15 a side.

2. Delivery brokerage also same Rs 18 a side after 1000 trade its Rs 15 for life time irrespective of your trading volume. This 1000 trade is inclusive of all kind of trades u made in compositedge.

3. Most advantage for you residing outside India is they have Yahoo and Gtalk support which is cost effective and instant apart from phone service.

4. You will revive sms alert of your trades like other brokers.

3. Trading platform is nse now which support both PC and mobile trading and its free too.

All in one place cheaper than indiabulls and i strongly recommend them after changing many broking house i finally settled with them and i find their support is amazing. I am customer for them last 1.5 year and very satisfied with them.

You can check out prices in following links :

Brokerage Calculator:

http://www.compositedge.com/pricing/bro ... ulator.php

Brokerage Charges and relates fees :

http://www.compositedge.com/pricing/bro ... harges.php

I can say most transparent and very helpful support team .
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Re: Suggestion Required on Demat Account

Postby gniru_123 » Thu May 01, 2014 5:21 pm

Thanks somu da.. even zerodha looks good is what ppl saying any view in that please
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Re: Suggestion Required on Demat Account

Postby sunnyman_46 » Thu May 01, 2014 5:22 pm

me too trading with Composite.
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Re: Suggestion Required on Demat Account

Postby SOMU » Thu May 01, 2014 5:37 pm

gniru_123 wrote:Thanks somu da.. even zerodha looks good is what ppl saying any view in that please


1.Zerodha Rs 20 or 1 paisa whichever low a side and composite rs 15 or .006 paisa whichever is low composite cheaper. Also SSt in composite lower that zerodha
2. Composite has yahoo and gmail support apart from phone support which is great advantage u can solve ur any problem instantly by chatting on trading time.

3. Zerodha don't have own DP and you cannot take ex poser on your holding stocks but composite has.

Other aspect both same.
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