Any body know about R Trade?

[aabhi06]

I am using R K Global trading platform from last 3 months , trading thru ODIN is very good.Monthly-charges rs- 99/- per month as a software using charges. Above mention brokarge charges is right.
- Abhishek.

 

[wcnw]

Hi Kurien,
You mentioned "999+100(odin) monthly or 9 per order (cash and f&o)"

Please confirm my understanding
1) 999+100 per month for unlimited trading

OR

2) 99 Rs PM for ODIN + Rs 9 per order for F&O as well as delivery/intraday stock trading. One need not pay R 999 for option 2

Thanks

 

[bslk]

Hi Kurien,
You mentioned "999+100(odin) monthly or 9 per order (cash and f&o)"

Please confirm my understanding
1) 999+100 per month for unlimited trading

OR

2) 99 Rs PM for ODIN + Rs 9 per order for F&O as well as delivery/intraday stock trading. One need not pay R 999 for option 2

Thanks

Can a Chennai based person open an a/c with rk global ?. They have no branches in
the South.

 

[miscos]

I spoke to rk global office of Mumbai, who confirmed that the following is the fees:
1. a/c opening FNO only --->(337.00), Cash only---> (1457.00 + dp a/c 200.00), both ---> add them.
2. Monthly rates either A) software Rs.100/ plus Rs.999/- for unlimited trade for a month in cash intra/delivery or B)software 100/- plus 9 rupees per trade in fno. I have not got it confirmed of option A will also be applicable to trade in FNO and option B for cash segment.
One need to apply in the form (pdf format they supply by email) and their office need not be in your area.
S K mishra

 

[aabhi06]

I think above information by S K Mishra is right. If you are inrested for further more info better to visit www.rkglobal.net.

 

[ppvsin]

Dear friends

I recently opened account with R MONEY. I never had a dream of down to earth brokerage. But it is reality to day. But their web based trading flat form is not that much useful. An active trader do not get out of it. But in trading business one should control costs and risks. Risk control is different subject one should practice individually. But R MONEY provided an effective cost control platform. R Money may provide to it customers exe package or some other trading platform with or with out charges. For time being I found a solution for real time data and intra day charts. FOR NIFTY it is almost exact and for other yahoo NSE data 1 to 3 minutes delayed. Since I use 15 minutes bar charts for my day trading i find it is suitable for me. FOR NIFTY trader it is most suitable because in my observation nifty intra day quotes are not delayed more than 30 sec. Even traders who trade shares intra day by using 5,10 min charts can find most useful. THIS IS ABSOLUTELY FREE. Please respond in this BLOG if any body interested.

[email protected]

 

[bvpraveen]

Hi,

Just need one information.

Today I called the customer care and got the required details. As we know they are supporting only three banks - UTI, HDFC and IDBI. It seems they have better tie up with UTI and if we need to open an account with UTI, they can help in opening one, and that it takes just one day. They are telling that we need to maintain a quarterly min. balance of Rs.2500. Is it so in case of UTI? Can anyone please clarify it?

Moreover they informed me that opening an account with Reliance Money takes one week time.

Regards,
Praveen.

 

[bvpraveen]

Can a Chennai based person open an a/c with rk global ?. They have no branches in
the South.

Why not? Check for the contact information from their website.

For Chennai : Capitale, 554/555, Annasalai, Teynampet, Chennai- 600 002. 044-32520609/ 04/ 07
Source: http://www.reliancemoney.com/contactus.aspx

Regards,
Praveen.

 

[bvpraveen]

How is their trading platform? fast and reliable? What is the annual fee?

They informed that all their products so far are web based only. They told that exe based ones are prone to problems.

Regarding annual fee, as far as I'm aware, no annual fees. You need to pay Rs.750 as the initial charge.

Please correct me if I'm wrong anywhere.

Praveen.

 

[gvnarendra]

Hi,

Just need one information.

Today I called the customer care and got the required details. As we know they are supporting only three banks - UTI, HDFC and IDBI. It seems they have better tie up with UTI and if we need to open an account with UTI, they can help in opening one, and that it takes just one day. They are telling that we need to maintain a quarterly min. balance of Rs.2500. Is it so in case of UTI? Can anyone please clarify it?

Moreover they informed me that opening an account with Reliance Money takes one week time.

Regards,
Praveen.

Hi Praveen,
If you are opening a trading with Reliance Money with UTI Bank's account there is one good advantage if the accont is in the name of a woman. That is in UTI bank you can keep zero balance in your accont. While opening the account also you can open in zero balance. But try to get the infromation how good is the facility to tranfer fund.
gvnarendra