Intraday Options Trading - Feedback Required
- Thread starter OptionQuant
- Start date
Re: Brokerage is Killing me
As far as system is concerned, all brokers' systems have the same problem... RKG people are completely unprofessional when their system doesn't work... Best customer service provider so far is Zerodha... :thumb: But they also have problems in maintaining system... But RKG's support staff are also O.K.
As far as system is concerned, all brokers' systems have the same problem... RKG people are completely unprofessional when their system doesn't work... Best customer service provider so far is Zerodha... :thumb: But they also have problems in maintaining system... But RKG's support staff are also O.K.
Re: How is RK Global??
RKGlobal is good as long as you are not an options trader ;-)
The reason is that in option trading, any move could prove to be very costly. I burnt my fingers 2 times with RKG for options. In case of futures, Rs 9 sounds good, but in options.. all of a sudden when you want to exit your trades.....you find the screen frozen up.. or stupid message that the password in invalid .. etc etc ( the password invaid message comes into play when their servers are overloaded)
... and yes, I am a software engineer with no spyware, virus etc on my system .. so I would like you rule out PC related problem and referring to RKG issues only.
.. however after 1-2 days you my get a random call from RKG cust care asking if all was fine or whether you noticed any incorrectness in their contract notes, etc etc
For low brokerage it is good.. but in case of options I would suggest that you keep away from RKG. In case your profits are going to be in the Rs 9 range.. then maybe options is not the right choice itself.
hope this helps... without being biased
(ANOTHER THING IS THAT RKG TAKES A BLANKET POA - POWER OF ATTORNEY SIGNED ON BLANK FORMS AND DOES NOT GIVE A COPY TO THE INVESTOR)
Raj
RKGlobal is good as long as you are not an options trader ;-)
The reason is that in option trading, any move could prove to be very costly. I burnt my fingers 2 times with RKG for options. In case of futures, Rs 9 sounds good, but in options.. all of a sudden when you want to exit your trades.....you find the screen frozen up.. or stupid message that the password in invalid .. etc etc ( the password invaid message comes into play when their servers are overloaded)
... and yes, I am a software engineer with no spyware, virus etc on my system .. so I would like you rule out PC related problem and referring to RKG issues only.
.. however after 1-2 days you my get a random call from RKG cust care asking if all was fine or whether you noticed any incorrectness in their contract notes, etc etc
For low brokerage it is good.. but in case of options I would suggest that you keep away from RKG. In case your profits are going to be in the Rs 9 range.. then maybe options is not the right choice itself.
hope this helps... without being biased
(ANOTHER THING IS THAT RKG TAKES A BLANKET POA - POWER OF ATTORNEY SIGNED ON BLANK FORMS AND DOES NOT GIVE A COPY TO THE INVESTOR)
Raj
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