siva
April 2, 2024, 4:30am
6
Ravi_156:
, currently i am doing options trading with 10cr daily in my personal demat account, and now I crossed 30cr profit,
Now I want to shift to prop-desk(only for personal used, not interested to hire other trader on commission basis, I am planning to for solo trading)
Wondering how much brokerage you are paying per year to consider alpha membership as it comes at some costs and efforts as explained in detail by Nithin in the below thread.
Hi @nithin ,
NSE Alpha membership requires 25lkhs as deposit and I think 50 lakhs as net worth. If someone has a book size above 50lkhs does it make sense to apply for NSE alpha membership ? I guess, except for the brokerage, all other costs remain the same. So am I correct in assuming if the interest earned on 25 lakhs is less than the total brokerage paid, it is financially feasible to think of an Alpha membership ?
25lakhs will basically say earn 8%-9% annualized. So if someone is paying mor…
Also check this link for more info on colo.