Tejas Khoday

Co-Founder & CEO, FYERS
@Tejas Khoday , Yesterday I place BO for 50 shares of siemens with my small capital, the buy order executed by19 parts and the target order executed by more than 25 parts. For each part fyers took Rs.7 and a total brokerage of Rs.197!. If I have 10 times of my capital I would buy 500 shares and the order executed by 200+ parts and my brokerage will be 200X7X2=2800 rupees. There is no difference how big your capital, you will end up by paying brokerage. Correct me Mr. @Tejas Khoday if Im wrong.
Looks like this is a very rare case scenario. Please share your contract note so that we can investigate further.

Since this is your first message on @Traderji, I extend you a warm welcome :)
 

sach007

Impatient Trader
@Tejas Khoday , Yesterday I place BO for 50 shares of siemens with my small capital, the buy order executed by19 parts and the target order executed by more than 25 parts. For each part fyers took Rs.7 and a total brokerage of Rs.197!. If I have 10 times of my capital I would buy 500 shares and the order executed by 200+ parts and my brokerage will be 200X7X2=2800 rupees. There is no difference how big your capital, you will end up by paying brokerage. Correct me Mr. @Tejas Khoday if Im wrong.
Actually @Tejas Khoday ji You should think about this demand of traders as BO should be considered as one order and one single brokerage should be charged of 20 rs. And not for all split orders of 20 each order.

Even other brokers consider this as a single order.

THink about it. This is not Fair I think.
 
Yes it would get executed. After entering the limit order, the order sits at the exchange's order execution system waiting to get executed. It doesn't matter whether your system is logged in or not.
Looks like this is a very rare case scenario. Please share your contract note so that we can investigate further.

Since this is your first message on @Traderji, I extend you a warm welcome :)
This is not rare if you do some data analytics on the cash trades happening in your brokerage

Sent from my Redmi Note 7 Pro using Tapatalk
 
Actually @Tejas Khoday ji You should think about this demand of traders as BO should be considered as one order and one single brokerage should be charged of 20 rs. And not for all split orders of 20 each order.

Even other brokers consider this as a single order.

THink about it. This is not Fair I think.
Exactly. Brokerage should be minimum Rs.7 and max. Rs.20 for the whole order.
 
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Most of the time my dasboard look like this only..No watchlist loaded...We thought that the tradingview software is good..but its the reverse..matter of serious concern..if you tel that my network is slow..i can compare the ant web and your platform side by side
 
Actually @Tejas Khoday ji You should think about this demand of traders as BO should be considered as one order and one single brokerage should be charged of 20 rs. And not for all split orders of 20 each order.

Even other brokers consider this as a single order.

THink about it. This is not Fair I think.
For BO..all brokers charges as per multiple orders..not as single order..
 
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Most of the time my dasboard look like this only..No watchlist loaded...We thought that the tradingview software is good..but its the reverse..matter of serious concern..if you tel that my network is slow..i can compare the ant web and your platform side by side
Kindly refresh the page to resolve this. We're looking into it & this can happen due to interrupted stream connection.
 
Hi @Traderjeet1,

Currently, those who are using APIs can create & delete apps whenever they want so there is no tracking mechanism to enable/disable the 30 Day Challenge simultaneously depending on whether or not the client is using APIs. However, we have taken note of the same and will implement this feature in the future.

Thanks for your feedback.
thanks for the reply sir.
While you workout a tracking mechanism, can you announce a one-time recall so that all those persons who want can give up APIs and take up challenge can do so?
 
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OK guys. Do one thing. Practice with low capital with brokers like finvasia (who is not charging you any brokerage) or any other broker whichever suits you for low capital trading/trsting/learning. And if you love fyers' platform, come back with bigger capital when you gain experience.

There is just no point arguing with fyers. They are the service provider, and do incur cost. Understand their side also. If it doesn't work for you now, then trade with some other brokers which suits you better.
You are looking at it from one size fits all angle and same at fyers.

I'm sure TradingView, One and Data feed all come at huge cost.
Come out with plan that has low cost burden on the firm. Like plan without all the platforms, only interface or limited API to punch orders. No phone support. Only ticket based etc
This way at least you can retain some and get revenue.
I am a believer in Fyers brand.

What they are trying to do is make one plan and give it to all and try to lower average client cost to them. Look around, everything comes in different price / plan / packing.