Any body know about R Trade?

Hi everyone....

No other brokerage charges. For phone orders rs 12 and FREE for web based orders.
Hi Dipesh,

1. I think there is no account opening fees, am i right?
2. I found in another post that, Rs.12 is charged per transaction.
2. Is it available in Bangalore? If so any contact info. in Bangalore?

Thanks in advance,
Praveen.
 
Hi Dipesh,

1. I think there is no account opening fees, am i right?
2. I found in another post that, Rs.12 is charged per transaction.
2. Is it available in Bangalore? If so any contact info. in Bangalore?

Thanks in advance,
Praveen.
Hi bvpraveen,
There is a charge for opening the account of Rs750/= and they will take advance charge of Rs 500/= for trading 1 crore of worth transaction which you have to exhaust wihin 2 months. Totally they will charge you Rs 1250/= initially. You have to give a cheque for this amount along with the account opening form. By investing Rs 750/= you will get a platform by which you can trade equities, F&O, IPO, Insurance, Mutual Fund, Forex, Commodity in one window which is very convenient. For the time being they will give web based trading platform. After some time they have a proposal to give exe based platform, for which I was told they will not charge. Rs 12 is charged for any orders you place with them. Regarding the query about the availablity of their office in Banglore you can visit this link: http://www.reliancemoney.com/ and search for the Banglore office address or you can call the help line where they will give you the contact no or address. gvnarendra
 
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Yes, active traders would consider the 'modification charge' to be a major drawback.

rgds
T7

Hi All,
.... But the hitch is you have to pay Rs 12/= for every punch you make to buy or sell or modify the orders . That is if you modify your orders many times in trading sessions every modification will attract Rs 12/=. Which is a negative point for a trader.
gvnarendra
 
Hi bvpraveen,
There is a charge for opening the account of Rs750/= and they will take advance charge of Rs 500/= for trading 1 crore of worth transaction which you have to exhaust wihin 2 months. Totally they will charge you Rs 1250/= initially. You have to give a cheque for this amount along with the account opening form. By investing Rs 750/= you will get a platform by which you can trade equities, F&O, IPO, Insurance, Mutual Fund, Forex, Commodity in one window which is very convenient. For the time being they will give web based trading platform. After some time they have a proposal to give exe based platform, for which I was told they will not charge. Rs 12 is charged for any orders you place with them. Regarding the query about the availablity of their office in Banglore you can visit this link: http://www.reliancemoney.com/ and search for the Banglore office address or you can call the help line where they will give you the contact no or address. gvnarendra
which banks does reliance money have tie up with
is icici bank one the available banks
 
Hi bvpraveen,
There is a charge for opening the account of Rs750/= and they will take advance charge of Rs 500/= for trading 1 crore of worth transaction which you have to exhaust wihin 2 months. Totally they will charge you Rs 1250/= initially. You have to give a cheque for this amount along with the account opening form. By investing Rs 750/= you will get a platform by which you can trade equities, F&O, IPO, Insurance, Mutual Fund, Forex, Commodity in one window which is very convenient. For the time being they will give web based trading platform. After some time they have a proposal to give exe based platform, for which I was told they will not charge. Rs 12 is charged for any orders you place with them. Regarding the query about the availablity of their office in Banglore you can visit this link: http://www.reliancemoney.com/ and search for the Banglore office address or you can call the help line where they will give you the contact no or address. gvnarendra
Hi,

Thanks for the clarifications.

Still confused about that Rs.12 per transaction(Unicorn had explained it differently) and the calculation of brokerage. Anyway i will try to get Bangalore address and if I happen to talk with them, will post the details here.

Praveen.
 
Hi,

Thanks for the clarifications.

Still confused about that Rs.12 per transaction(Unicorn had explained it differently) and the calculation of brokerage. Anyway i will try to get Bangalore address and if I happen to talk with them, will post the details here.

Praveen.
Hello,
I am from Bangalore and Yesterday gave the application. 12Rs per transaction is only for offline transaction....There is nothing like 12 rs per modified order......

If u do online trading then there will be only STT charges.....

If u have any questions, shoot them....
 
Hello,
I am from Bangalore and Yesterday gave the application. 12Rs per transaction is only for offline transaction....There is nothing like 12 rs per modified order......

If u do online trading then there will be only STT charges.....

If u have any questions, shoot them....
Thanks Prakash.

Praveen.