Looking for Lowest Brokerage Charges for Intraday Trading in India?
At InvestAllign we offer lowest brokerage charges for Intraday Trading in India. If you are looking for Best Discount Stock Broker in India then your search ends here. Before we compare intraday brokerage charges of top 10 Stock Brokers in India, Let’s Understand what is Intraday Trading.
What is Intraday Trading?
Generation to generation in India People invested in stock market , in 19’s people are mostly invested in stock market. In 20’s people started trading in stock market. Its called intraday trading– where buying and selling of stocks within same trading day. Where motive is not investment in stocks but rather earn income from market regular basis. Now days a big community full time involved Day trading. For them its business or source of part time income. For intraday trading low brokerage and high exposure required.
Intraday Brokerage Charges playing critical role in Intraday trading in India. You will check this blog for reference – Future Option Trading Brokerage.
Margin Exposure – its two side sword if you don’t use properly its kill you but if you know how to play in your favour then its very useful successful day trader. High exposure help you to earn big money with small capital. Money management is tool with you can maximize benefit of Margin Exposure – read more about money management ?
Trading Terminal also same important role in Intraday trader. Speedy and user-friendly trading terminal gives you boost in your trading skill.
Intraday Trader always face inherent risk of stock market. Price moment and volume volatility play key role in intraday trading you can control volatility but you can control your cost incurred in day trading.
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Compare Top Discount Brokers for Intraday Trading
| Compare Brokerage & Select Best Broker for Intraday | |||||||
| List of Discount Brokers | RATING | Brokerage in NSE all Segments | Brokerage in MCX all segments | Intraday Leverage | Delivery Leverage Margin | Techinical Software | Remarks |
| Exposures in MIS | (CNC) | ||||||
| Zerodha | | Rs 20/trade or 0.01% whichever is lower | Rs 20/trade or 0.01% whichever is lower | Upto 20 times | 1x for CNC | Kite , Pi , NEST | Best Trading Platform for mobile & Web |
| RKSV | | Rs 20/trade or 0.01% whichever is lower | Rs 20/trade or 0.01% whichever is lower | Upto 20 times | 1X for CNC | UPSTOX PRO, NEST , Dartstock ,Fox Trader | Super easy Mobile UI |
| SAMCO | | Rs 20/trade or 0.01% whichever is lower | Rs 20/trade or 0.01% whichever is lower | Upto 15 times for | 3X for CNC | Stock Note , NEST – Samco Trader | Easy to use for 1st time user |
| SAS Online | | Rs 9/trade | Rs 9/trade | Upto 20 times | 3X for CNC | Alpha Trader, Alpha Mobile | Best in Class, Advance Charting, trade from chart |
| Sharekhan | | 0.01% – 0.03% Intraday & 0.10% – 0.30% Delivery Brokerage | 0.01% – 0.03% Intraday Brokerage | Upto 5 times | 3X for CNC | Trade Tigher | One of the best Trading Software, Multiple indicator, Scanner |
| 5Paisa | | Rs 10 /executed order | Trading in MCX is not available | Upto 15 Times | 2X for CNC | Trade Station Web, Mobile, Exe | Advance charting tool , Scanner |
| Motilal Oswal | | 0.01% – 0.03% Intraday & 0.10% – 0.30% Delivery Brokerage | 0.01% – 0.03% Intraday Brokerage | Upto 10 Times | 3X for CNC | MO Trader MO INVESTOR | Solid Research , differnet app for trader & investor |
| Angel Broking | | Rs. 15/executed order | Trading in MCX is not available | Upto 5 times | 1X for CNC | Speed Pro | AI base trading platform research |
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When we want earn consistence income in Intraday Trading we required lots of research which broker to choose – who gives low brokerage on intraday trading, with high exposure and best trading tools with you analyses securities.
[ Know About : Cheapest Share Broker in India ]
Intraday Brokerage Zerodha
You should check your cost or BEP before enter in any trade. Zerodha Brokerage Calculator will help you find Intraday Brokerage. Traditional Broker Charge approx. 0.02% – 0.05% depends upon your intraday volume. Zerodha Discount Broker Charge 0.01% or Rs. 20 whichever is lower per executed order.
Compare India’s Top 10 Online Trading Broker and lowest brokerage charges and Demat account charges
Compare Intraday Trading Brokerage Charges
Now days 90% of Stock Exchange volume comes from Intraday Trading and out of 90% Intraday volume comes from Option Trading. Zerodha Offer lowest brokerage charges in option trading – Rs 20 Per executed order irrespective of trading lot.
[ Know About : Lowest Brokerage Charges for Commodity (MCX) Trading in India ]
EXAMPLE:
Intraday in Cash Market
Now let’s assume that you purchased 1000RELIANCE’s share at Rs 880.00 through NSE. Assuming that the brokerage charged is .05% for intraday Traditional Broker & 0.01% or Rs 20 per order by Zerodha( Cheap Intraday Brokerage )
- Total traded volume – Rs 880 shares * 1000 Qty = 880000
Traditional Brokerage – 0.05 % * 880000 = 440 Rs Brokerage
Zerodha Discount Brokerage firm – Rs. 20 ( 0.01% * 880000 or Rs 20 whichever is lower )
Trading Brokerages Charges are very important costs associated with stocks and you cannot afford to ignore it. Trading Brokerage Charges Comparison is mustbefore Select your broker.
[ Know About : Zerodha – Discount Broking Company ]
Intraday in Option Market
Let’s assume that you buy 100 lots of nifty strike price 10200 CE @ 65.
Assuming that Traditional Brokerage offer you Rs 50 per lot ( in market depends on your volume traditional broker offer option brokerage Rs 50 – Rs 200 Per lot ) &Rs 20 Per order by Zerodha – Lowest Brokerage Charges in option trading
- Total Traded Qty – 10,200 strike price 100 Lots
Traditional Brokerage – Rs 50 per lot * 100 Lots = 5000 Rs Brokerage
Zerodha Discount Brokerage firm – Rs. 20 ( 100 lots traded in one order )
Brokerage Charges affects investors in different ways. For infrequent traders, a higher brokerage would lengthen the amount of time required to break even. If you are a high volume trader, a large brokerage will eat into their overall return. Now, hope you’ve understood the cost structure involved with stock transactions in India.
Intraday tips are completely based on technical analysis and charting. Intraday trading tips can be useful to know future bias of stocks individually. New traders as well as professional traders to follow these top 10 golden rules of Intraday Trading to avoid losses as well have made smart money in Indian share market.
Also Check Lowest brokerage charges in option trading