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ODIN Diet or NEAT |
bijoy2011 White Belt
Joined: 15 Feb 2011 Posts: 5
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Post: #1 Posted: Tue Sep 18, 2012 6:44 pm Post subject: ODIN Diet or NEAT |
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Hi!
Can anybody please suggest a broker for the NSE Cash and F&O segments who provides Odin Diet or Neat along with online fund transfer facility?
Thanking You,
Bijoy |
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g_a_reddy White Belt
Joined: 20 Nov 2007 Posts: 5
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Post: #2 Posted: Tue Sep 18, 2012 7:03 pm Post subject: |
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Go for Angel Broking, they have ODIN and also online fund transfer facility. |
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bijoy2011 White Belt
Joined: 15 Feb 2011 Posts: 5
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Post: #3 Posted: Tue Sep 18, 2012 11:33 pm Post subject: |
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Thank you sir. |
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kishjk7551 White Belt
Joined: 26 Jan 2008 Posts: 293
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Post: #4 Posted: Tue Sep 18, 2012 11:38 pm Post subject: Re: ODIN Diet or NEAT |
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bijoy2011 wrote: | Hi!
Can anybody please suggest a broker for the NSE Cash and F&O segments who provides Odin Diet or Neat along with online fund transfer facility?
Thanking You,
Bijoy |
Bijoy
Go for Zerodha , low brokerage is an added plus point.
Regards
Jayant |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #5 Posted: Wed Sep 19, 2012 2:07 pm Post subject: Re: ODIN Diet or NEAT |
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kishjk7551 wrote: |
Go for Zerodha , low brokerage is an added plus point.
Regards
Jayant |
I also suggest Zerodha, their low brokerage is a charm. They charge 20 per trade (not per lot) or .01% for future and .1% for cash, whichever is lower plus other taxes and charges as applicable. In a trade you can do with any number of shares or lot. Zerodha provides NOW but now shifting on Zerodha Trader (NestTrader) No charges for trading software.
Further, RKSV charges 1947 plus taxes per month for unlimited trade in F&O and cash equity. RKSV provides NOW and no charges for software.
All the big names are charging very high brokerage.
So you can choose as per your requirement. |
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #6 Posted: Wed Sep 19, 2012 3:33 pm Post subject: |
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Thnx saumya, for this valuable information. I m trading daily 2 lots of nf intra basis. As per ur opinion, which broker will be better ? Thnx. |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #7 Posted: Wed Sep 19, 2012 7:33 pm Post subject: |
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sonila wrote: | Thnx saumya, for this valuable information. I m trading daily 2 lots of nf intra basis. As per ur opinion, which broker will be better ? Thnx. |
No doubt Zerodha will be a good option for you.
As 20x2x2 = 80 per day (for 2 lot NF both leg) and if we assume 20-22 trading days then total brokerage will be 1600-1760 INR
Till now they were providing NOW terminal but now they are providing ZerodhaTrader (by omnesys NestTrader)
If you like you can visit their website zerodha.com for further details |
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #8 Posted: Wed Sep 19, 2012 9:46 pm Post subject: |
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Saumya,many thnx. |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #9 Posted: Wed Sep 19, 2012 11:10 pm Post subject: |
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Sonila, I just forgot to mention one thing. Zerodha has an issue with higher transaction charges as compared to others.
Stamp Duty for 2 trades of Nifty futures (1 buy + 1 sell)
RKSV = 20/- (Approx.)
Zerodha = 50/- (Maximum) (even for 2 lots x buy + sell)
Transaction charges per cr
RKSV = 230/-
Zerodha = 490/-
Further I have calculated brokerage taking into consideration, 2 lots to be completed in 4 trades (2 buy + 2 sell, one lot at a time in 1 trade) and incase you complete 2 lots trading in 2 trades (1 buy + 1 sell, 2 lot at a time) then your brokerage will get halved. |
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