Any body know about R Trade?

Go to any Reliance WebWorld and they will assist you in filling the forms. You will have to pay 750 + scheme charges. i.e 750 + 500 = 1250
I have applied and will get account within next week
 
BROKERAGE STRUCTURE AND CHARGES

Brokerage : Rs.12 per transaction

(Stamp duty, NSE, BSE charges as applicable)

Note: The above transaction charge of Rs.12 is applicable only if transaction done using our office. If done directly at your home/office, Rs.12 will not be charged.

CHARGES
DELIVERY JOBBING/F&O

Rs.500 (two months) 10,00,000 1 CRORE

Rs.1250 (six months) 30,00,000 3 CRORES

Rs.2500 (one year) 60,00,000 6 CRORES


Documents Required For Account Opening

1. PAN COPY
2. PASS POST SIZE PHOTO - 3 nos (1st applicant)
3. PASS PORT SIZE PHOTO - 1 no ( 2nd applicant) (or) NOMINEE DETAILS (name ,address and date of birth)

4. ADDRESS PROOF ( ration card ,driving licence,passport,voter id)
5. BANK ACCOUNT DETAILS
6. DESIGNATED BANK DETAILS ( UTI,HDFC,IDBI) and cancelled cheque leaf without signature
(or)
Incase not in the designated bank account you may open with RELIANCE LIQUID FUND with 5000/- rupees .(only for folio number purpose)

7. APPLICATION COST 1250/- in favour of RELIANCE MONEY LTD
(application processing fees -750/- and Rs.500/- for 2 months access fees)
 
I think Reliance will be launched by 15th November or by 20th November,2006...
Its not clear yet...

We already started collecting Applications for Account opening...

Initially it was delayed because of SEBI approval of the Lately registered Franchisee...

After that its delayed because of some software ( Trading Platform ) problem.. Now said that they fixed the problem.. We got our Demo Platform of Forex last month...

Process is going in full swing...

They have called all Reliance Franchisee people for a Discussion on 7th November.

I hope It will be launched within this Month atleast...

- Jin
 
Process is going in full swing...

They have called all Reliance Franchisee people for a Discussion on 7th November.

I hope It will be launched within this November atleast...

- Jin
 
Hello,

For all those interested in R trade here is a view of a member in another forum.


I have in my hand the application kit of Reliance Money.

I invite attention of all the members of this group to Document 5 page 1 which clearly mentioned following:

I/we also undertake to pay,
subscription charges,
renewal charges
transaction charges,
broadband charges,
Call centre transaction charges,
Bandwidth charges &
Other charges
as applicable from time to time and as may be displayed on the website to keep my/our registration valid & active.
The letter in bold are charges which are not levied by the traditional brokers / most of the online brokers.

I leave it to the group to judge the clarity on what is going to be charged from traders apart from Rs 500 of which lot of excitement was shown by the group members recently.

Its amazing that trader has to varify the rates & charges applicable daily from www.reliancemoney.com. Why not this is disclosed at this juncture in the kit itself when an investor want to register ?:

Regards

Saji
 
Does have any information on where i can get the form in Pune . I asked Reliance Webworld they dont have the form. Also contacting Call centre didnt help. They inturn gave me some number of Mr Rohit 9323135183 who told me that they have somebody in Pune who will get intouch with me. But since 2 days nobody has called.
 
Does have any information on where i can get the form in Pune . I asked Reliance Webworld they dont have the form. Also contacting Call centre didnt help. They inturn gave me some number of Mr Rohit 9323135183 who told me that they have somebody in Pune who will get intouch with me. But since 2 days nobody has called.
inquired at reliance web world in pune, they told that services are being launched on monday and they would get forms and details by teu/wed
 
Hi
can any one be more specific, I want to know how much reliance charge
for intraday trade.
+ stt would it be based on this brokerage or ?
with which bank do they link their account.

Brokerage of Rs 2500/ -for 6 crores does that means I have to pay Rs 8333/- for 20 cr day trade in a month.
please reply, there website doesnt give any detailed info on charges.