Hello. I just wanted to know which broker is most popular amongst scalpers.
Icicidirect margin plus product is just designed for scalping. U pay a annual fees of Rs 900 and get prime brokerage plan.
Then if u take position in margin plus for five minutes time duration ur brokerage will be zero.
If squared off within five minutes brokerage is zero.
Beyond five minutes u can retain position until entire day.
Similar optionplus and futureplus are also available.
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Finvasia is one of preferred choices for scalping. And the reason being is their zero brokerage.