PAY JUST RS 20 PER ORDER
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- Pay Flat Rs 20 Per Order for unlimited volume or quantity. For Any number of Lots or Shares in your trade! ( Discount Broker in India / Ahmedabad / Delhi / Mumbai / Surat )
- No Hidden Charges, No Software Charges, No Advance Brokerage, No Minimum Deposit or No Volume Conditions.
- Already 35000 + Traders has opened account with us & reduced their brokerage. Join with First Discount Broker in India.
- Registered member of NSE, BSE, MCX-SX, MCX, NCDEX, FMC & SEBI.
Does Rs.20 Per Order Really make some change in my Trading ?
Yes
See , Illustrated Example
Case Study : Future segment (Nifty)
Mr. Dhaval has 1 lac fund for Trading with M/S X company which charge him Brokerage 0.02% for intraday
Nifty Range we assume whole year – 5200 to 6200
If Mr A is a trader in Nifty futures, who wants to double his capital by intraday trading within 1 year, then see the calculation below and see why a low brokerage is absolutely MUST to achieve this aim.
Who – Traders in Nifty Futures
Aim – Double a Capital of 1 lac in 1 year
How – Trade in Nifty Futures on Intraday Basis
With a Capital of Rs.1 lac, you should be able to trade in 4 lots of Nifty Futures at current rates & for doubling your money , need to earn 500 Nifty Points.
Now
If he trade in Nifty than , approximate working days 200 , considering that we are trading on daily & Intraday Basis ,
You need to earn 500 points / 200 Days : Rs.2.5 Point Per day
Looks Difficult to earn Rs.2.5 Point per day ?
No
But control your excitement and see below
Total No. of Days = 200 (Approximate )
Total Point to be earned in Nifty = 500 points
Total Expected Money to be earned in a Year = Rs. 1,00,000 ( 500 points * 4 lot * 50 lot size)
Assuming that all our trade wont be convert into profit so ,
He does 2 Trades per day
Total No. of Trades Per Day = 2
Total Turnover Per day = Rs.44 Lacs ( Avg nifty range 5500 *50 lot size * 2 (BUY & SELL) * 4 ( Traded lot) * 2 ( times trade in a day)
Total Brokerage Per day = Rs.880 (44,00,000 (Turnover Per Day) * 0.02% ( Brokerage)
Total Brokerage Per Year = Rs.1.76 Lacs ( Rs.880 Brokerage Per Day * 200 Day of Working )
Net Profit / Loss = Total money earned – Brokerage – Statutory Charges = Rs. 1,70,000 Loss { Rs. 1,00,000 profit — 1,76,000 Brokerage — 94,000(Approx) }
Doing Profit is not in control of us but Saving of Brokerage is !!!!!!
How ?
If Mr. Dhaval pay Rs.20 per Order than Brokerage to be paid by Mr.X is just Rs.16000
Saving almost 91 % of his Brokerage ,
Penny saved is Penny earned !!!!
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