halfpaisaonly

[arprtrd]

Has anyone tried out this broker? Their rates seem to be very low and I guess there is
some catch.

www.halfpaisaonly.com

 

[rajeshbaheti]

Hi,

halfpaisaonly.com brokerage packages are available on their site. There is no other catch to it. It seems they are discount e-brokers

 

[SGM]

The small print says:

1. Software Cost (One time non refundable) Rs. 5,000, Maintainance Charges Rs. 500/- (per month)

The catch, or whatever u call it, would be you start with a drawdown of 11000/- for year one. (i.e u will have to pay 11000/- in year one over and above the brokerage)

Btw the brokerage is v attractive!

Regards
Sanjay

 

[unicorn]

Hi Everybody
halfpaisaonly.com have reduced there software cost to Rs 2500
from Rs 5000. They provide ODIN Diet Client 6.2.0.5 version.They have also
reduced there initial margins.

 

[trader31339]

But unicorn....where other brokers ask for low initiatl margin....without any comittment or repeated expenses like maintaince....why should 1 go for halfpaisa........

 

[marcus]

Best to stay away from these smaller players like halfpaisa, 16anna (even if they are registered) etc... until they earn some credibility, stick to the the bigger players

 

[dp111]

look at this

Minimum secutity deposit Rs 1 lac

stay away

 

[guideme]

You can try http://www.jvfinancial.com for online trading they provide ODIN DIET CLIENT VERSION 7.8.2.1. Do not compare with brokerage but compare with credibility and online recommendations,their recommendations are almost 99% accurate.
This brokerage house is of well known CNBC Analyst SAJIV DHAWAN.
you can check some of their recent recommendations from here http://www.jvfinancial.com/recommendations/newsletter.asp
If you want free trial of their software you can download from here http://www.jvfinancial.com/online_trading/demo.asp and ask DEMO USER ID and PASSWORD from online: jvcapital2003 (Yahoo)

 

[unicorn]

In Halfpaisaonly.com the Transaction charges includes (1) Exchange Turnover Levy And (2) Stamp Duty.They have also introduced a new scheme for Day Traders.

 

[unicorn]

Hi Everybody
Halfpaisaonly.com have reduced their monthly account maintenence charges to Rs 250 from Rs 500.They will also adjust Rs 2500 Software cost against brokerage within 30 days.