Any body know about R Trade?

[reghu]

Hi rajib333,
You are correct. The total cost of trading one nifty future goes upto Rs 120/.
Thank you for bringing me the correct picture.
gvnarendra

Dear gv narendra...
Have you tried withdrawing funds from reliance to your bank account?
How long it takes to get credit?
reghu.

 

[gvnarendra]

Dear gv narendra...
Have you tried withdrawing funds from reliance to your bank account?
How long it takes to get credit?
reghu.

It takes 2 days at present. It will be much faster after the launch they are claiming.
gvnarendra

 

[reghu]

It takes 2 days at present. It will be much faster after the launch they are claiming.
gvnarendra

may be that is one advantage with icici despite the high brokerage,isnt it...
reghu.

 

[rajib333]

friends i am sorry to say that i have already applied in r-money on 3 rd nov.,my account is yet to open there.
very slow and poor service there, very sorry.

thank you,
Rajib.

 

[unicorn]

Hi Gvnarendra
The Kolkata office sales persons are telling me that they currently provide instatrade to those who will make a daily volume of 60 lakhs to 1 crore.
As you have been provided with instatrade so can you tell me that any Reliance Money sales persons told you about such volume commotment?
Does your personal daily volume is between 60 Lk to 1 Crore??

Please give a reply.

 

[trader31339]

GV so finally 1 lot @ 120 inculsive of all ?

regarding instatrade ,
is it same tradeanywhere .exe or any other software based trading terminal

 

[gvnarendra]

Hi Gvnarendra
The Kolkata office sales persons are telling me that they currently provide instatrade to those who will make a daily volume of 60 lakhs to 1 crore.
As you have been provided with instatrade so can you tell me that any Reliance Money sales persons told you about such volume commotment?
Does your personal daily volume is between 60 Lk to 1 Crore??

Please give a reply.

As of now I have not committed to any volume trading. But as I trade mostly in futures and options in Reliance money the total volume will be high.
gvnarendra

 

[gvnarendra]

GV so finally 1 lot @ 120 inculsive of all ?

regarding instatrade ,
is it same tradeanywhere .exe or any other software based trading terminal

Hi trader31339,
Yes as of now the charges for a lot varies from Rs 110/ to Rs 120/ as the value of nifty changes. The insta trade platform is equivalent to Indiabulls webpage trading platform. You can put different scrips in the columns. and you can place orders through the rightclick menu or keyboard shortcut. Only thing is you will not be having the charts at present. The Reliance people are updating the software on a daily basis as the launch date is nearing. That is why I have not given any view about it till now. I am thinking of giving a review after the launch. They are also releasing a exe based platform for franchises called Power trade. For individual traders it may take a while to have the exe based platform.
gvnarendra

 

[bahubali1981]

Hi,
What are all the other charges that we are supposed to pay other than 1Paisa (and 500 Rs prepaid)

Tx.

 

[tintin8801]

it seems the reliance will not be of much gain fr small vol and delevery based trades!