Let’s get straight to the point – If you are an options trader who just trades 2 times a day and have your trading account with a regular broker, then you are losing approximately 1 Crore 60 Lakhs in 20 years. Here’s the calculation
Trade Capital | 1,00,000 |
No. of lots | 4 |
Brokerage at regular broker (Rs.50 per lot – one side) | 400/- |
Brokerage at Angel Broking (Just Rs.20/order) | 160/- |
Saving per trade | 240/- |
Saving per day (2 trades/day) | 480/- |
Monthly (22 days) | 10560/- |
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.