Angel broking: Cheap brokerage and excellent service.

Very informative thread.
Everything about ANGEL.
jUST ONE STUPID QTN::eek:
In BTST
if i buy shares today is it a binding to sell shares tommrow(next day).
Cant i take delivery of the same shares next day?:confused:
Please reply.
 

udi1970

NSE FUTURES INTRADAY
hi everyone here,

I am a cash equity intraday trader. I would like to know the list of equity stocks which are eligible for intraday trading in Angel broking. Also, the margin exposure associated with each stock. Will they provide 10 times exposure in cash for ALL scrips? Please answer specifically. Any help with the above questions before opening account with them is appreciated. This information is very important for a day trader because :

1. In Ventura, the max. exposure they provide for A group stock is just 4. So, for most of the stocks you will not get exposure at all and you have to have a huge capital to trade in the stocks.

2. In Religare, they support just 500 - 600 stocks for day trading. You cannot day trade even stocks such as Gitanjali, Ajantha Pharma !!!!! Too bad... I had to close both the above accounts.
 
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one ventura relationship agent told me following brokerage pattern.....

1000rs.
intraday-0.03%
delivery-0.30
option-35rs per lot
2000rs.
int.day-0.025
delivery-0.25%
options-35rs
5000rs-
intaday-0.025
delivery-0.17
and he given me another attractive option to chose 7500rs.plan+to input50000rs.for trading money at the time of accont opening and he will charge
intraday-0.01
delivery-0.10
option-35rs per lot.
so memebers pls kindly guide me.whether there is that advance system in ventura or he cheating me.i dont know about their branch he told me through phonecalls and email
 
Hii! Vinod,
Its true Ventura and many other brokers offer very attractive pre-paid brokerage plan, its not the concern but the concern should be:
would you like to go with a pre-paid brokerage plan???
well the answer is a big NO.
Reasons:
Well first of all i must admit that I am also new to this wonderful trading world but its not rocket science to figure it out, its just common sense...:thumb:
1) we dont know about the broker and its services.
(well, believe me bro its a big issue, i have already read n number of issues our traderji members are facing with different brokers even though they are not on pre-paid plans sO God bless those who are On pre-paid plans:eek:)

2) Brokerage charges are gOing down by the day sO why bother about pre-paid option?
We are heading towards a brokrage free world, competition is growing(among brokers), future is looking good....:clap:

3) "With pre-paid brokerage plan you will have to trade even if you are lying on a death bed just to catch-Up with your brokerage" :rofl:

so bro think about it.

[ PLEASE FORGIVE ME IF I SOUDED A NOVICE, LOOKING FOR GUIDANCE FROM SENIORS TO GET INTO THE WONDERFUL WORLD OF STOCK TRADING, ALL COMMENTS ARE WELCOME, THANKS ]
 
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hii player thanks for guidance..i want to clear that i am going to open account mostly for option trading which is 35 rs.per lot and another attraction is 10paise delivery brokerage and 1 paise intraday,by which one can trade more time without hesitating and worrying about brokerage..isnt it? i want to ask that where if i give them advance brokerage eg.5000rs.is it mandatory that my brokerage should be around 5000rs.for refund of my advance? and whether i should go for 7500rs+50000rs.plan? please guide...
 
hi players
Anybody please share ur veiw/coments on canmoney services.i am planing to open an a/c with them because i am a small invester type trader with small volume.please give ur valuable sugestion.presently using hdfcsec.thanks