Cryptocurrency Q&A
Which broker gives highest commission?
Which broker gives highest commission?
CryptoLord
Mon Sep 23 2024
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5 answers
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Could you please elaborate on the criteria used to determine which broker offers the highest commission? Are we comparing across different types of trades, such as stocks, futures, or cryptocurrencies? Also, is the commission rate fixed or does it vary based on the trading volume or the account balance? Lastly, are there any hidden fees or charges that we should be aware of when considering the overall cost of trading with a particular broker?
5 answers
CryptoSavant
Wed Sep 25 2024
Motilal Oswal, on the other hand, adopts a slightly higher brokerage structure, with rates spanning from 0.50% to 0.75% for delivery and 0.05% to 0.15% for intraday transactions.
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KatanaGlory
Wed Sep 25 2024
A notable exception is Groww, which offers zero brokerage for delivery trades and charges either 0.05% or ₹20 per executed order for intraday trades, whichever is lower, making it an attractive option for cost-conscious investors.
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BlockchainBaronGuard
Wed Sep 25 2024
BTCC, a leading cryptocurrency exchange, offers a diverse range of services that cater to the evolving needs of the digital asset market. Its services encompass spot trading, enabling users to buy and sell cryptocurrencies at current market prices, as well as futures trading, allowing for Leveraged positions and hedging strategies.
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Maria
Wed Sep 25 2024
The brokerage and hidden charges of the top 20 share brokers in India vary significantly, with each offering unique fee structures. HDFC Securities, for instance, charges a brokerage ranging from 0.25% to 0.50% for delivery trades and 0.03% to 0.05% for intraday trades.
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CryptoEnthusiast
Wed Sep 25 2024
Kotak Securities, another prominent player, imposes a brokerage of 0.49% to 0.59% for delivery and similar rates for intraday trading, mirroring HDFC Securities' approach.
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