ICICI Direct charges?
I an new to share marketplace and icicidirect. How does ICICI charge for one transaction. For example I bought 20 shares worth Rs.2700 and I see I was charged 2732. What is this 32 for? Whats the best amount to buy to dull these charges? Can I buy two company shares at the same time?Also I bought these on 07/01/2008 and they doesn't show up contained by my demat allocation till now. How much time does it hold to process?
Answers: These Rs. 32 are brokerage charges. If you want to minimize these charges, try Sharekhan or Reliance Money.
The Rs. 32 charge is transaction charge. Whenever you purchase or sell shares nearby are certain charges close to transaction charges or brokerage, STT etc. Please ask ICICI direct to give you full details of such charges.
Transaction charges or brokerage charges rise and fall from bank/company to bank/company. There are different types of transactions and so the charges. Charges for Intra day (buying get rid of same day) will be different from labour charges (that is if you have bought shares and if you want to save them).
Yes you can buy as many shares of as masses companies you want as long as you have plenty money in your wall account and those shares are person traded.
Normally good shares should show up surrounded by your demat account by subsequent day but depends which shares you hold purchased. Ideally any share should come and show in your demat statement in T+2 days. That is 2 days after you enjoy purchased the share.
What banks have the highest intrest rates?
Answers: ING and HSBC have high rates, and most of their products are FDIC insured. Bankrate.com provides links to CD's with high interest rates as well as high interest rate banks. You can check these at the following links:
http://home.ingdirect.com/
http://www.us.hsbc.com/1/2/3/personal/sa...
http://www.bankrate.com/
You should also consider the Vanguard Prime Money Market Fund with a current compound yield of ~4.65% APR.
https://flagship.vanguard.com/VGApp/hnw/...
If you are in a high tax bracket you may prefer their tax exempt money market funds: https://flagship.vanguard.com/VGApp/hnw/...
Sometimes other institutions will have a higher teaser rate, but Vanguard tends to have the highest yields I've found over the long run. (Vanguard money markets are not FDIC insured, however.)
Article on teaser rates:
http://www.marketwatch.com/news/story/ba...
(If you are investing for a long period of time and are willing to accept some volatility, you should consider putting some money into no-load low-expense mutual funds. These are not guaranteed, but over the long run produce much higher returns.)
qzz
Countrywide, for one, which has just been bought by Bank of America. CW's high rates may not last going forward.
otherwise, you can always check bankrate.com for daily updates on who's the highest for various terms.
It is very complected question and if i got you right it depends on many factors:
1. Rating of the bank (the higher the rating is the lower the interest that you will get
2. the amount of your money you have. more money means higher interest you get cause the bank want you.
3. more competition means higher rates for you
4. why to loan the banks money instead you can buy Gov bonds or even corporate bonds (at this days they offer very high rates if you stay till maturity, cause of sub prime crunch)
Etrade has been one of the highest for a long time. And they still offer a very good interest rate.
But there's the little problem of them almost going bankrupt.
Foreign Banks with operations in Third World Countries.
How do they charge you for stock trades made online?
Do online trading websites charge per trade or per shares bought and sold? Is the $10 fee for every time you form a stock purchase or sale? Or do they charge you $10 for every share bought/sold?Answers: They charge per TRADE, not per share. Otherwise, if the charge is $10 and you buy 10,000 shares, the cost will be too prohibitive if they charge per share
And the fee depends on the brokerage or online trading site you share in. Some will charge you lower rate if you hit a sure number of trade per year or if you have consistent amount in your information.
Check with the trading company or site you want to use for their fees
i cant believe u have an idea that its per share...so someone who wanrts to buy a 2 dollar stock u think they enjoy to pay 10 dollars per stock? LMAO!
no its per trade but htere are some brokers who charge commission + a unmistaken amt per share for example:
10/trade + .01/share.
so just label sure you read the fine print or talk to a representative to enjoy things cleared up and not just one representative..2 or 3..since sometimes they a moment ago tell u what u wanna hear!
When you buy or deal in stocks on line the trading company charges you for per transaction. The number of stocks you buy does not issue if you are investing less than a million dollars or some other large number dollar value. If you buy surrounded by 6 or seven figures than the trading company charges you another duty on the investment dollar amount.
Another thing to remember is to check the minimum investment amount when you are first night an account next to a trade company. For example, E-trade requires a 30 thousand minimum opening set off in lay down to trade at a rate of 7 dollars per trade. Where Ameritrade charges 4.99. There are many traders on smudge the new companies does not require a min stability to open an description. Also, if you made any money on your trades, some companies send you a check book to spend or currency out your money. It is easier to put your hands on your money, except waiting fund transfers between your bank and the trader's.
Zecco is FREE.