Which online trading account is best for Option market with less brokerage?

Question

I am having an offline DP account. I am doing Options, but my profits are not crossing the brokerage charges. So I am trying for some Online DP account, who are having less brkrage. I contacted Reliance Money, they told, they are having a flat brokerage rate of Rs. 500 for two months, Is that best?

Answer 1

you can consider smaller players like the alankit, JP etc.

Answer 2

yes...reliance money is the best....go fot it undoubtfully.....

Answer 3

First of all if you're unable to cross the charges, you should be careful about the calls you're making. You're dealing in investments with a very thin margin. Try to improve your calls so that the margin % increases. Secondly, although the charges vary over the online service providers, a lot depends on the volume you trade. If you are having a very high volume reliance money may be a good option.

If the volume is not very high, you can try indiabulls, IDBI, Religare trading terminals.

Hope this helps. Please make a comparative study keeping volume of approximate transaction in mind.

Answer 4

Indiabulls is best

http://www.indiabulls.com/

All the best :)