Online trading

mark · 21 Re: Online trading Sun Mar 06, 2011 11:17 pm

mark

Expert

Posts : 2676
Join date : 2011-02-04

suppose if you trade stocks worth of 200,000Rs per day in average....
BROKER FEES-0.6400%--1280
SEC FEES-0.0720%--144
CSE FEES-0.0840%--168
CDS-FEES-0.0240%--48
STL-0.3000%--600
total=2,240 per day,
per 20 working days(2240*20)=44,800Rs.........

So its very useful for brokers to give system to their clients and earn money...

swan03 · 22 Re: Online trading Mon Mar 07, 2011 7:46 am

swan03

Vice President - Equity Analytics

Posts : 1241
Join date : 2011-01-31

@mark wrote:suppose if you trade stocks worth of 200,000Rs per day in average....
BROKER FEES-0.6400%--1280
SEC FEES-0.0720%--144
CSE FEES-0.0840%--168
CDS-FEES-0.0240%--48
STL-0.3000%--600
total=2,240 per day,
per 20 working days(2240*20)=44,800Rs.........

So its very useful for brokers to give system to their clients and earn money...

You mean I should pay like this monthly after getting online trading facility?

Slstock · 23 Re: Online trading Mon Mar 07, 2011 7:58 am

Slstock

Director - Equity Analytics

Posts : 6610
Join date : 2011-01-22

@swan03 wrote:

@mark wrote:suppose if you trade stocks worth of 200,000Rs per day in average....
BROKER FEES-0.6400%--1280
SEC FEES-0.0720%--144
CSE FEES-0.0840%--168
CDS-FEES-0.0240%--48
STL-0.3000%--600
total=2,240 per day,
per 20 working days(2240*20)=44,800Rs.........

So its very useful for brokers to give system to their clients and earn money...

You mean I should pay like this monthly after getting online trading facility?

NO that was an example only.

Whether you buy through Broker or you buy Online there is specific fee involved for buy and selling. So that does not change .

The above example is to say Brokers benefit if you do above amount of transactions per day . He is Talking about Rs 40 Lakhs of transaction per month to pay that fee.

ANyway, as I said if you do that amount of Transactions whether standard way through Broker or yourself through Online, you pay the same fee depending on the amount you buy and sell.

Hope this clarifies.

Last edited by slstock on Mon Mar 07, 2011 9:19 am; edited 1 time in total

marketsee · 24 Re: Online trading Mon Mar 07, 2011 8:15 am

marketsee

Manager - Equity Analytics

Posts : 128
Join date : 2011-02-08

Asia Securities provide Direct Fn and CDAX free of charge some time before
NDB Stockbrokers provide there online tarading system free of charge
Asha they need minimum protfolio 200 000
Can some one tell about following sock brokers online system details
JKSB,JBS,

mark · 25 Re: Online trading Mon Mar 07, 2011 9:08 am

mark

Expert

Posts : 2676
Join date : 2011-02-04

@swan03 wrote:

@mark wrote:suppose if you trade stocks worth of 200,000Rs per day in average....
BROKER FEES-0.6400%--1280
SEC FEES-0.0720%--144
CSE FEES-0.0840%--168
CDS-FEES-0.0240%--48
STL-0.3000%--600
total=2,240 per day,
per 20 working days(2240*20)=44,800Rs.........

So its very useful for brokers to give system to their clients and earn money...

You mean I should pay like this monthly after getting online trading facility?

yup this is just an example..........SLSTOCK correctly described............ Smile

Niggard · 26 Re: Online trading Mon Mar 07, 2011 9:25 am

Niggard

Manager - Equity Analytics

Posts : 103
Equity Stars : 3828
Reputation : 11
Join date : 2011-02-02
Location : Sri Lanka

Well, I work with LSL, invested only 1,00,000 at the very first beginning. I asked, in written to them to use CDAX, without any questioning or something like that, I got the facility to see my account & to do online trading. At that moment, I knew nothing about market or stock trading.

Risks, really, if u played something silly, there will be no corrections, u'll have to bear the loss. (even with advisors we cant assure they give us the best decisions)

Extra payments - Nill

U dont have to call/wait to the advisor, but emotional decisions take place, when you are the only person involved in the buying/selling, thats entirely up to u.

Rgts!

Niggard · 27 Re: Online trading Mon Mar 07, 2011 9:28 am

Niggard

Manager - Equity Analytics

Posts : 103
Equity Stars : 3828
Reputation : 11
Join date : 2011-02-02
Location : Sri Lanka

You mean I should pay like this monthly after getting online trading facility?

Not monthly basis, but for every transaction made. (buy/sell) Even without online facility, u have to pay that. That's why we say that, online trading is free of charge.

$$$ · 28 Re: Online trading Mon Mar 07, 2011 3:27 pm

$$$

Senior Manager - Equity Analytics

Posts : 304
Equity Stars : 4055
Reputation : 24
Join date : 2011-01-27

It's a good way to trade independently with no hassle and no extra cost....No calls no waiting just a click away . However trades executed by mistake you will have to bear the risks figures typed in wrong etc (don't worry executing trades or anything for that matter is very easy) when you have ur broker involved what ever trading mistakes delays etc you can blame them...not like they take you seriosuly either that's a different story....for new comers I would say trade learn the basics before getting in to CDAX...however if you smart and a quick learner then go for it .....

kavi84 · 29 Re: Online trading Mon Mar 07, 2011 3:28 pm

kavi84

Senior Equity Analytic

Posts : 92
Equity Stars : 3878
Reputation : 13
Join date : 2011-02-01
Location : Kandy

How about assetline?

sas · 30 Re: Online trading Wed Jul 20, 2011 9:59 pm

sas

Senior Manager - Equity Analytics

Posts : 469
Equity Stars : 4060
Reputation : 27
Join date : 2011-07-02
Location : Kandy

Dear newcomers (than me Smile

),
I have prepared this video for a friend of mine & thought to share with you too.
This is only to get very brief idea about online trading (using web interface), & this is Intentionally made to play high speed to minimize size(So play full screen with pauses)
I'm planning to get DirectFN too, then I'll upload that too...

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Latest topics

Online trading

21 Re: Online trading Sun Mar 06, 2011 11:17 pm

mark

22 Re: Online trading Mon Mar 07, 2011 7:46 am

swan03

23 Re: Online trading Mon Mar 07, 2011 7:58 am

Slstock

24 Re: Online trading Mon Mar 07, 2011 8:15 am

marketsee

25 Re: Online trading Mon Mar 07, 2011 9:08 am

mark

26 Re: Online trading Mon Mar 07, 2011 9:25 am

Niggard

27 Re: Online trading Mon Mar 07, 2011 9:28 am

Niggard

28 Re: Online trading Mon Mar 07, 2011 3:27 pm

$$$

29 Re: Online trading Mon Mar 07, 2011 3:28 pm

kavi84

30 Re: Online trading Wed Jul 20, 2011 9:59 pm

sas

31 Re: Online trading

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