Any body know about R Trade?

[jesse livermore]

haii gvnarendra
i applied for r trade 2 weeks back and still no reply,how long will it take to activate the account.whn the account is ready will i be able to trade,
there r some rumers tht reliance money is bared by sebi for 4 months.
pls tell me about r-trades commodity trading and forex how is it never seen
forex quotes so its lot sizes,volume etc
thanks
jesse

It will be available to HNI investors.
gvnarendra

 

[gvnarendra]

haii gvnarendra
i applied for r trade 2 weeks back and still no reply,how long will it take to activate the account.whn the account is ready will i be able to trade,
there r some rumers tht reliance money is bared by sebi for 4 months.
pls tell me about r-trades commodity trading and forex how is it never seen
forex quotes so its lot sizes,volume etc
thanks
jesse

For my 2 accounts that I have opened they had taken about 10 days after applying. Keep in touch with your franchaise people with whom you have applied. They will follow your file and let you know the stages at which it is. After you have received the account details you can trade. The rumours are about RSSB which is a subsidiary of Reliance capital. It has no connection with Reliance money. Commodity and Forex have not been enabled yet. In due course it will be enabled according to my source.
gvnarendra

 

[rajendra raja]

Yes, I am trading in Reliance Money managed by Reliance Securities for last 10 days. It is excellent and I find it easy. My dream of paperless brokerage is at last fullfiled, of course they have to make it more user friendly and sensible. Probably they want to do in steps after collecting enough money from customers.

Entrance charge is rs 700 plus rs 2500 for full year trading fee. No brokerage fee for any trade, of course small edu cess etc still is applicable.

Zero brokerage for self trading on internet and Rs 12 flat feee for trading through franchise and call center. All trade ledger and fund ledger as well as C notes are avbl on internet itself, with no need to get hard copy documents ....

It is indeed great. I think it is far better than many top brokers who want to save costs and not scale up on cutsomer services. It is a pity that no broker co in India wish to compete on quality of service. Reliance Money is a great relief while they also have not yet measured to providing a great internet experience like equity master or money control portfolio syste,

Try them and contact me for sharing ideas and experience

 

[pravin]

Yes, I am trading in Reliance Money managed by Reliance Securities for last 10 days. It is excellent and I find it easy. My dream of paperless brokerage is at last fullfiled, of course they have to make it more user friendly and sensible. Probably they want to do in steps after collecting enough money from customers.

Entrance charge is rs 700 plus rs 2500 for full year trading fee. No brokerage fee for any trade, of course small edu cess etc still is applicable.

Zero brokerage for self trading on internet and Rs 12 flat feee for trading through franchise and call center. All trade ledger and fund ledger as well as C notes are avbl on internet itself, with no need to get hard copy documents ....

It is indeed great. I think it is far better than many top brokers who want to save costs and not scale up on cutsomer services. It is a pity that no broker co in India wish to compete on quality of service. Reliance Money is a great relief while they also have not yet measured to providing a great internet experience like equity master or money control portfolio syste,

Try them and contact me for sharing ideas and experience

Hi ,

I am little confused .Please guide .

1) If client trades through internet , then charges for 2 months will be 500/- for 1 cr.

2) If client trades offline ( i.e . places order on phone , then charges will be 12/- per trade . ( No 500/- Rs slab).

Is it correct ? Please guide.

Thanks.

 

[gvnarendra]

Hi ,

I am little confused .Please guide .

1) If client trades through internet , then charges for 2 months will be 500/- for 1 cr.

2) If client trades offline ( i.e . places order on phone , then charges will be 12/- per trade . ( No 500/- Rs slab).

Is it correct ? Please guide.

Thanks.

Hi pravin,
1) If you trade through internet then you have to pay Rs 500/ for 1 crore. Rs 12/ will not be charged.
2) If you trade through their phone facility then for every order Rs 12/ will be charged. With Rs 500/ you can trade upto 1 crore. you have to exhaust it within 2 months. Rs 12 will be charged for the entry they make on behalf of you.
gvnarendra

 

[pravin]

Hi pravin,
1) If you trade through internet then you have to pay Rs 500/ for 1 crore. Rs 12/ will not be charged.
2) If you trade through their phone facility then for every order Rs 12/ will be charged. With Rs 500/ you can trade upto 1 crore. you have to exhaust it within 2 months. Rs 12 will be charged for the entry they make on behalf of you.
gvnarendra

Thanks Narendra for guidance.

 

[anibhai]

hi RM users
I am not able to place offline orders using Tradenow. the information booklet says that there should be a checkbox (AMO) that we can check to place
orders after market hours, but I cannot locate it
is anyone able to place orders after market hours?

 

[sdebu_2000]

hi every one
u r lucky i read this...as i m a part of one of the brokerage firm who has the deal with Reliance on R-Trade..........i m just in the preparations.
ya u r right its being introduced in July

THE DATE IS 27TH jULY

Reliance is introducing it with costs that ARE LOWEST IN HISTORY till date.
NO ONE HAS DARED TO CHARGE THIS small
its very cheap especially for Big investors. They can save a lot of bucks.
what exactly do u wanna know abt R-Trade?
I can give the product information if u give me ur mail id
Feel free to ask any thing

Hi hetal,
plz send me informations about Rtrade or reliance money regarding their trading platform, brokerage charge, customer care services, Contract note, DP statements/charges and other documentations etc.
my mail id is [email protected]
Thanx and regards
Debdulal Bhattacharyya

 

[sdebu_2000]

Hi pravin,
1) If you trade through internet then you have to pay Rs 500/ for 1 crore. Rs 12/ will not be charged.
2) If you trade through their phone facility then for every order Rs 12/ will be charged. With Rs 500/ you can trade upto 1 crore. you have to exhaust it within 2 months. Rs 12 will be charged for the entry they make on behalf of you.
gvnarendra

can u tell me how they will charge Rs.500 ? I mean how Rs.500 would exhausted ? is it the brokerage? if yes what will be the percentage(%)?
Please explain

 

[anibhai]

For my 2 accounts that I have opened they had taken about 10 days after applying. Keep in touch with your franchaise people with whom you have applied. They will follow your file and let you know the stages at which it is. After you have received the account details you can trade. The rumours are about RSSB which is a subsidiary of Reliance capital. It has no connection with Reliance money. Commodity and Forex have not been enabled yet. In due course it will be enabled according to my source.
gvnarendra

hi gvnarendra
can you please tell me what is meaning of SPAN margin and additional
margin as quoted on the futures script list on reliance money website?
is SPAN margin specified by nse