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ODIN Diet or NEAT

 
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Author ODIN Diet or NEAT
bijoy2011
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Joined: 15 Feb 2011
Posts: 5

Post: #1   PostPosted: Tue Sep 18, 2012 6:44 pm    Post subject: ODIN Diet or NEAT Reply with quote

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
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Joined: 20 Nov 2007
Posts: 5

Post: #2   PostPosted: Tue Sep 18, 2012 7:03 pm    Post subject: Reply with quote

Go for Angel Broking, they have ODIN and also online fund transfer facility.
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bijoy2011
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Joined: 15 Feb 2011
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Post: #3   PostPosted: Tue Sep 18, 2012 11:33 pm    Post subject: Reply with quote

Thank you sir.
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kishjk7551
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Joined: 26 Jan 2008
Posts: 293

Post: #4   PostPosted: Tue Sep 18, 2012 11:38 pm    Post subject: Re: ODIN Diet or NEAT Reply with quote

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
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Joined: 21 Dec 2011
Posts: 1509

Post: #5   PostPosted: Wed Sep 19, 2012 2:07 pm    Post subject: Re: ODIN Diet or NEAT Reply with quote

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
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Joined: 04 Jun 2009
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Post: #6   PostPosted: Wed Sep 19, 2012 3:33 pm    Post subject: Reply with quote

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
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Joined: 21 Dec 2011
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Post: #7   PostPosted: Wed Sep 19, 2012 7:33 pm    Post subject: Reply with quote

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
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Post: #8   PostPosted: Wed Sep 19, 2012 9:46 pm    Post subject: Reply with quote

Saumya,many thnx.
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saumya12
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Joined: 21 Dec 2011
Posts: 1509

Post: #9   PostPosted: Wed Sep 19, 2012 11:10 pm    Post subject: Reply with quote

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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