Let’s get straight to the point – If you are an equity or future trader who just trades 2 times a day and have your trading account with a regular broker, then you are losing approximately 40 Lakhs in 20 years. Here’s the calculation
Trade Capital | 1,00,000 |
Turnover (Buy + Sell) per trade | 2,00,000 |
Brokerage at regular broker (per trade) | 100/- |
Brokerage at Angel Broking (Just Rs.20/order) | 40/- |
Saving per trade | 60/- |
Saving per day (2 trades/day) | 120/- |
Monthly (22 days) | 2640/- |
Now if you invested this monthly Rs.2640/- in SIP (mutual fund) which gives 15% return generally (over long term), then here’s what you are going to earn.
Open your Demat and Trading account in best brokerage house in India – Angel Broking
And that’s not it – If you are investing in short term or long term, then it’s completely free. Yes, your brokerage will absolutely be Rs.0/- whereas with other brokers, one needs to pay around 0.02% to 0.05% So, don’t delay and open your account right now to start saving huge money in long term.