Hi, Those who do day trading with more orders daily, it is best to go with unlimited Trading plan and do not go with per trader of Rs 20 or 15 becasuppose you have done 40 buy + 40 sell and total 80 trades in a day, then the brokarage per trader charge) = 1600 that is in a day and if you have done a Turnover on that day of suppose of 1 crore then the STT/NSE charges are 1800 Rs, so total has become 1800+1600=3400 Rs in a day, which is huge, so better go for unlimited plan and your money. Eventhough for us only 20 RS but when we do more orders it is RS 1600 per day, so better switch to 899/999 plan per month is better.
12.1. VTVR MURTY Mar 21, 2018 9:50:36 PM IST
PLEASE PROVIDE the best broker who service on fixed monthly plan.
VTV RAMANA MURTY
12.2. R Krishna Mar 22, 2018 2:27:55 PM IST
I can suggest you - Prostocks is best discount broker for unlimited plans. Good Monthly and Yearly plans.
i am newbie in market currently am zerodha customer bt i want unlimited trading pack just becaof frequency of trades. so suggest me which one is best bt i compare brokarage calculator of zerodha and prostocks unlimited intraday and i just 2rs on the name of unlimited trade. and in my contract note i see 2.44 for stamp in zerodha and 12.19 in prostock
everytime we have to pay service tax on monthly plan....like if i do 20 times trade in a day so 20 times i have to pay 15% service tax on 899??????bcz if it is then its too much.....please clear this ......
5.1. TSB team Feb 23, 2017 7:06:45 PM IST
No, Service tax for Rs 899 is going to be one time. You need to pay service tax on other charges.
ProStocks is providing unlimited trading in Rs 899 with lowest transaction charges. Is it reliable broker?
4.1. ProStocks Team Jan 15, 2017 1:37:04 AM IST
ProStocks is most reliable brokers, you can visit prostocks com for more details.
Company is registered with SEBI,NSE,BSE and CDSL No PropTrading Lowest transaction charges compare to all discount brokers - Review ProStocks Comparison page Review brokerage calculator for more details about the individual charges, including Stamp Duty.
3. AJAY SURENDRA JHA Jan 14, 2017 11:56:39 PM IST
In unlimited trading plans how the service tax is calculated.
3.1. TSB Team Jan 15, 2017 1:24:44 AM IST
Client need to pay service tax on his brokerage, so in case of unlimited plan you need to pay service tax on the amount you get charge on brokerage. I.e if you have 899 Rs per month plan, you need to pay service tax on 899 Rs. As of Jan-2017 you need to pat 15% Service Tax on your brokerage.
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