How big is Vijay Mallya’s Debt? SBI finding high time in settling the issue in the court. 13k shares of USL sale won’t be of any help.
It is not right on the part of the Cyprus government. They cannot snatch the money from bank accounts. If this is the case, then people will loose confidence in banks and hide the currency under the pillow.
I had a trading account with icici for long time. I realised other brokers are far better. ICICI brokerage is too complex, and very high compared to any brokers in India. I opened account with sharekhan, rk global, zerodha, india bulls. When compared with these brokers, icici is not at all competitive. ICICI sucked my blood for years. I request all the users on this community to check with other brokers before you open icici trading account.
I am comparing RK’s Super 9 with RK’s monthly 999 plan.
- If our number of trades will be more than 3 per day, then go for monthly 999.
- If our number of trades will be less than 3 per day, then go for Super 9.
Is it possible to earn more by limiting trades to less than 3 per day? Yes, it is possible provided we have a 100% successful strategy. Suppose if we have a highly successful strategy, then we will invest in just one trade per day with high stakes and you are done with just a small brokerage of Rs.18. But if you are less confident of your strategy and want to diversify risk, then go for monthly 999. .
Features of Super 9 compared with zerodha’s 20-20:
- Rs. 9 per Executed Order: I think it is per one-leg. For both buy and sell orders it may be 9 + 9 which is Rs.18. Compare this zerodha which is Rs.40.
- Leverage: RK offers about 6 times exposure while zerodha offers almost 9 times.
- Software maintenance: Zerodha has no charges for software while RK charges Rs.99 for web version and Rs.299 for ODIN.
- Service Tax, STT: Both charge the same as its levied by Govt.
Example: We have Rs.1,000 in our account. In RK we can buy shares worth 6,000 (6 times) while in Zerodha we can buy shares worth Rs.10,000 (10 times). Suppose, a share is Rs.100, then in RK we will buy 60 shares and in Zerodha we will buy 100 shares.
I am a retail trader, trading for the past 30 years. I came accross different brokers. It is hard to say who is the best broker.
Thanks to the internet revolution, now a days, it is the computers talk on behalf of brokers. Trading is made easy, all you have to do is think about the your investments. Transaction will take in seconds.
I tried Sharekhan, Reliance, ICICI, Indiabulls, RK global and Zerodha. I have varied experience with different brokers. In this 30years of trading, I never came accross a single broker who do good to the retail investor.