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Programmer in pine
Asked a question 2 years ago

is there anyone actively trading on MCX, recently i wanted to move to MCX and so asked customer care what documents they need to enable segment. however in parallel when I checked for the brokergae in Zerodha and Fyers, it is strange that if you earn a point profit of 100 points in SILVERMIC you will get 39 INR net P&L in Zerodha but -2 INR net P&L in Fyers. being both same type of brokerage this was strange. I understand that there aare other benifits like 30 days challange in fyers on which your charges will be refunded which is not in case of zerodha but still doesn't hold valid unless there is specific reason from fyers team

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I basically have survived by recognizing my mistakes.

Though I don't trade in MCX, but I guess there are no clearing charges in Zerodha whereas its not the case with Fyers. Please correct me if you find me wrong. 

Possibly an error from the website developer and not the actual figure what you get charged on your contract note.

I checked the numbers, seems like the code on the webpage is wrongly calculating the stamp duty charges at .02% instead of .002%