Any body know about R Trade?

In my machine the instatrade platform works fine. The data updation is very fast. I think it needs good computer and fast broadband connection. Only disadvantage for me is if you do not open any windows in instatrade platform every 20 minutes you have to login once again and no charts are available.
gvnarendra
Dear gvnarendra

I too keep my machine very good condition. My net connection is not so bad because I run tt5 of 5 paisa and quotes updated faster than my frinds broking terminal. I face problem with reliance instatrade only. But one should appreciate RM flat brokarage introduction which gives new outlook to trading community. RM should consider feed back from its end users so that they can deliver better quality of sevices. So far I dont find any feed back link in their Website.

Regards

ppvsin
 
Hi Praveen,
Yes the zero balance facility is for woman only. You have to maintain Rs 2500/=
I do not have any idea about the transfer facility in UTI. As I have an account in HDFC and whenever I transfer the fund it will instantaneously credit to my trading account in Reliance Money.
gvnarendra
Hello Narendra,

As mentioned by you, the funds transfers are instant when done from your HDFC A/c. to your Trading A/c. in RM. Is it the same the other way round; do you get instant credits in your HDFC A/c. for funds transfer from your RM Trading A/c. OR you have to manually put the request with RM for funds withdrawal to your bank a/c. ? (in this case, how many days does it take ?)

Thanks,

Siddique
 
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]

Hi ppvsin,

Kindly let me know your satisfaction levels with RelianceMoney. Also If you can share with us you experience while trading Nifty Futures on RelianceMoney. Even I am planning to open an a/c. with them, would you recommend them ? How is their customer service ? How do you find their brokerage structure vis-a-vis their service standards ? Kindly shed some light on their flat-brokerage structure.

Thanks,

Siddique
 
Hello Narendra,

As mentioned by you, the funds transfers are instant when done from your HDFC A/c. to your Trading A/c. in RM. Is it the same the other way round; do you get instant credits in your HDFC A/c. for funds transfer from your RM Trading A/c. OR you have to manually put the request with RM for funds withdrawal to your bank a/c. ? (in this case, how many days does it take ?)

Thanks,

Siddique
You have to request first and then they will transfer within 1 or 2 days. In my case when I had requested for the transfer it was done in one day.
gvnarendra