Any body know about R Trade?

[nagakiran]

Does any know how much is the charge for Reliance money SMS services by Sachin Chavan's advisory services and trade execution alerts.
I got an SMS saying that they are offering free SMS service for one week starting this monday??

 

[rama_1000]

Thanks a lot gvnarendra,

All this information has helped us a lot, Now I am also applying for Reliance Money account.

My current broker kotakstreet charges me 25% margin for Nifty, which is 2.5 times of what you have said. I think rest of the 15% they are just depositing in their kotak bank and earning interest on this. Can't wait to see them going out of business..

In fact, the SPAN margin for Nifty futures is just about 7%. However, RM also charges about 3% additional margin. So, there are charging about 10% margin for Nifty futures. Still less than what you are paying to Kotakstreet .

 

[gvnarendra]

In fact, the SPAN margin for Nifty futures is just about 7%. However, RM also charges about 3% additional margin. So, there are charging about 10% margin for Nifty futures. Still less than what you are paying to Kotakstreet .

Hi rama_1000,
The additional margin and span margin are both charged by NSE. The additional margin is not charged by RM as you have claimed.
gvnarendra

 

[vk_pawar]

Hi Friends
Please tell me the exact sit of RK global. Is their any connection between RK global and reliance money.

Vishal

 

[Trader07]

Hi Abhishek,

Are you sure about Rs.99/- per month for ODIN ?

RKG's Delhi office says that they charge Rs.299/- per month for ODIN.
I was told that Rs.99/- per month is for a web-based trading platform.

Maybe you could verify. Thanks.

best rgds,
T7

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.

 

[unicorn]

Hi Friends
Today in Easy Trade i have faced a problem.When in the morning i tried to allocate the shares in my DP Account , i could not allocate the shares , instead the system is telling that "DP System returned a zero Quantity,please contact Customer Service". I contacted the customer service , they told me that they have allocated the shares from there and now i will be able to sell , but i couldn't see any shares allocated under the head " Demat Allocation".

Does any body faced this problem?

 

[unicorn]

Hi Gvnarendra
Please tell me when shall i recharge my limit card.The Call center personnel told me that i have to recharge within 7 days BEFORE the expiry of the card and Kolkata branch officials told me that i have to recharge with in 7 days AFTER the expiry of the card , in order to get unused turnover limit added.

Which one is TRUE?
What have you done in your case?

Please give a reply.

 

[gvnarendra]

Hi Gvnarendra
Please tell me when shall i recharge my limit card.The Call center personnel told me that i have to recharge within 7 days BEFORE the expiry of the card and Kolkata branch officials told me that i have to recharge with in 7 days AFTER the expiry of the card , in order to get unused turnover limit added.

Which one is TRUE?
What have you done in your case?

Please give a reply.

Hi unicorn,
In my experience you need not recharge the card. When the limit is crossed the system itself gives orders and takes the money from your account. It is automatic. If you had taken Rs 500/ card the next time it will recharge for Rs 500/ and if you had taken the other denominations it will recharge for the denominations which you had taken earlier. If you have not traded in your account till today then you may have to recharge it manually.
gvnarendra

 

[unicorn]

Hi unicorn,
In my experience you need not recharge the card. When the limit is crossed the system itself gives orders and takes the money from your account. It is automatic. If you had taken Rs 500/ card the next time it will recharge for Rs 500/ and if you had taken the other denominations it will recharge for the denominations which you had taken earlier. If you have not traded in your account till today then you may have to recharge it manually.
gvnarendra

Hi Gvnarendra
First of all thank you for the reply.In you reply you have said that"When the LIMIT is crossed the system itself gives orders and takes the money from your account.It is automatic".Now what LIMIT you are talking about, is it TURNOVER LIMIT or TIME VALIDITY LIMIT?In my situation it is the case of TIME VALIDITY.I have only 3 Days of TIME VALIDITY Left.

Please give a reply.

 

[gvnarendra]

Hi Gvnarendra
First of all thank you for the reply.In you reply you have said that"When the LIMIT is crossed the system itself gives orders and takes the money from your account.It is automatic".Now what LIMIT you are talking about, is it TURNOVER LIMIT or TIME VALIDITY LIMIT?In my situation it is the case of TIME VALIDITY.I have only 3 Days of TIME VALIDITY Left.

Please give a reply.

I have not faced the time limit till today. So I have not experienced it. Turnover limit I have explained earlier in my reply to you. Please enquire about the situation in time validity with your RM. Please let me know the result.
gvnarendra