Trade Smart Online

[SmartTradeOnline]

It's Rs. 1899/- per month + taxes etc, I suppose? Or is it total 1899 all inclusive ?

Rs. 1899/- per month + taxes etc.

Thanks,
SmartTradeOnline.in

 

[Raju]

Raju,
We hope you are reading this.

We had mentioned on 29th November in the other thread that we were working on automating the switching of our internet connection from primary to secondary for backoffice access in case primary goes down.

This has been completed. So if you access our backoffice from our website SmartTradeOnline.in , it'll automatically take you through secondary connection in case primary is not working.

You would not need to remember two separate urls for the same.

Thanks,
SmartTradeOnline.in

Thanks for the update.What would be the timings for the same.Would it be accessible at all times (Weekends and non-market hours ?).As I need to update my diary with trades from backoffice which I can only do on weekends and late night.

Thanks,
Raju

 

[Arjun20]

hi
read all the thread from start to end.
STOnline - You have all variant products ie. per lot pricing as well as per order pricing ( which is not visible on your web, but read here) and Unlimited trading.

Can you introduce some innovative feature - like mix n match between these plans which will give flexibilty to small traders....
e.g- if a client opts for per lot basis pricing ( 7 ka dum) and if during a month he generates brok above 1899 ( ie unlimited trading plan amount), he will be automatically waived off brokerage for remainder of month ( ie. he will be considered as unlimited plan member for that particular month).

Also , your brokerage rates ( and charges)are very much competant. But you can consider lowering charges for Unlimited trading. You must be aware of one broker giving Unlimited for 500 pm ( we will not go in detail as there are some queries raised by a member which are still unanswered.)
Also another broker who is offering Unlimted for approx 2200 ( including taxes).If one don't care for ethics, he can manage to get that broker's scheme for 1800 using referral. Whereas your unlimited plan will cost approx 2100 pm.
Many traders will be glad if you can give some innovative feature with your current plans.
Can there be possibility of Mini Unlimted plan with fair usage policy ( Wild guess inspired from Internet plans.Don't know whether it's feasible) OR daily upper cap on brokearge OR unlimited trading on per day basis plan

 

[Raju]

hi
read all the thread from start to end.
STOnline - You have all variant products ie. per lot pricing as well as per order pricing ( which is not visible on your web, but read here) and Unlimited trading.

Can you introduce some innovative feature - like mix n match between these plans which will give flexibilty to small traders....
e.g- if a client opts for per lot basis pricing ( 7 ka dum) and if during a month he generates brok above 1899 ( ie unlimited trading plan amount), he will be automatically waived off brokerage for remainder of month ( ie. he will be considered as unlimited plan member for that particular month).

Also , your brokerage rates ( and charges)are very much competant. But you can consider lowering charges for Unlimited trading. You must be aware of one broker giving Unlimited for 500 pm ( we will not go in detail as there are some queries raised by a member which are still unanswered.)
Also another broker who is offering Unlimted for approx 2200 ( including taxes).If one don't care for ethics, he can manage to get that broker's scheme for 1800 using referral. Whereas your unlimited plan will cost approx 2100 pm.
Many traders will be glad if you can give some innovative feature with your current plans.
Can there be possibility of Mini Unlimted plan with fair usage policy ( Wild guess inspired from Internet plans.Don't know whether it's feasible) OR daily upper cap on brokearge.

Arjun,

Very good queries and solutions/alternatives proposed.

Cheers!!!
Raju

 

[My investmentz]

Hello My investmentz,
You can trade unlimited in Cash and FNO for Rs1899 per month or Rs 15 per order.

For margin benefit against stocks you'll have to fill the below mentioned form http://smarttradeonline.in/download_forms/margin-request-letter.doc

and you will get the limit against stocks as per NSE guidelines.

Thanks,
SmartTradeOnline.in

sir i trade every 10 minutes some times some time i hold stock for 3 months some time for 3 minutes suppose i buy sbi and sell deep in the money call
and if i get 10 rs in total from both sides i exit

Where is the time to write a letter and ask for margins in religare its all online
i buy stocks i get margins againt them to sell calls future ect ect

I dont have to write any love letters to any one ,you in this trade for 18 years as you said you must be knowing a lot of hedgers arbitraguers how they work on low cost brokerage they dont even have time to blink when they are trading leavve alone writing letters :clap:

So give us some workable solution before zerodha and rksv wake up from there sleep and make there margins system online

 

[timepass]

Rs. 1899/- per month + taxes etc.

Thanks,
SmartTradeOnline.in

So, what's the final figure ?

 

[SmartTradeOnline]

So, what's the final figure ?

Rs. 1899 + 12.36% service tax = Rs 2134 per month

For the list of the statutory expenses on transactions please refer to the FAQ section of our website.

Also, the referral system is available with our company too. Though it is currently not mentioned on the website, the forms for the same will soon be available on the website.

Thanks,
SmartTradeOnline.in

 

[SmartTradeOnline]

sir i trade every 10 minutes some times some time i hold stock for 3 months some time for 3 minutes suppose i buy sbi and sell deep in the money call
and if i get 10 rs in total from both sides i exit

Where is the time to write a letter and ask for margins in religare its all online
i buy stocks i get margins againt them to sell calls future ect ect

I dont have to write any love letters to any one ,you in this trade for 18 years as you said you must be knowing a lot of hedgers arbitraguers how they work on low cost brokerage they dont even have time to blink when they are trading leavve alone writing letters :clap:

So give us some workable solution before zerodha and rksv wake up from there sleep and make there margins system online

My_investmentz,
Seems like there is a difference in our understanding. Currently we are providing limit against shares only when the shares come from your demat account to our demat account which is used for margin purpose. So in this case buying the shares on an intraday basis and getting a limit against that would be difficult.

We'd like to understand more in detail how your arrangement with your current broker is to be able to assess better if the same kind of benefit can be provided by our company.

Kindly email us your phone number at [email protected] along with a convenient time to call and we will get in touch with you regarding the same.

Thanks,
SmartTradeOnline.in

 

[SmartTradeOnline]

Thanks for the update.What would be the timings for the same.Would it be accessible at all times (Weekends and non-market hours ?).As I need to update my diary with trades from backoffice which I can only do on weekends and late night.

Thanks,
Raju

Raju,
Our backoffice is available on weeknights. Currently it is unavailable from Saturday 6pm to Monday 9am.

So you can update your diary at nights at your convenience.

Thanks,
SmartTradeOnline.in

 

[My investmentz]

My_investmentz,
Seems like there is a difference in our understanding. Currently we are providing limit against shares only when the shares come from your demat account to our demat account which is used for margin purpose. So in this case buying the shares on an intraday basis and getting a limit against that would be difficult.

We'd like to understand more in detail how your arrangement with your current broker is to be able to assess better if the same kind of benefit can be provided by our company.

Kindly email us your phone number at [email protected] along with a convenient time to call and we will get in touch with you regarding the same.

Thanks,
SmartTradeOnline.in

sir let me make it simple so there is no misunderstanding so u can reply on the forum and every one can benefit i will not be bringing share from any other account

In religare what i do is deposit 2.8 lacs cash so i can buy one equivalent of sbi shares that 125 shares

now this 2.8 L is conmsumed in buying these 125 shares in cash ( delievery)
now to hegde it as i do it for living i have to sell an option or sbi future
and for that i require margins in cash which are not there

AS whole of the 2.8 L goes in buying 125 share of sbi but my broker Ie religare
lets me sell that option or future of sbi against the sbi cash holding in my account

Because if value of sbi is 2.8 L and if there is 20 % haircut i still have 2.24 lacs as margin to sell futures options or some other stock future or nifty future the next day all i have to pay religare is MTM if its debit

for that also religare has a provision where if i dont pay mtm they charge mein 14 % intrest till i clear it

now religare keeps these shares in my demat or there pool account i have no idea but i know share belong to me i can sell them any time and buy any other share same time so its non stop trading for me