Managing different accounts under one id - possible?

[yusi]

Raising a question: why do you want it under one login ID?

I was thinking that the simplest way without NCFM or sub-brokership is... have a laptop for each account (or separate installations). It is likely that the portfolios are different, that you need separate contract notes, etc.

 

[DSM]

Hi Yusi, Actually, the reason is to execute trades in a go, rather than to log into different accounts - though I have 3 laptops, I don't think it is practical to have them running at the same time (bandwidth, power issues) and at the most, another laptop will give me access to one account, not 4-5 that I would like. And ofcourse, the contract notes should also be different, as I do not want to mix mine with of others, as managing record of my own trades is by itself a task for me. Thanks Yusi for your input.

Raising a question: why do you want it under one login ID?

I was thinking that the simplest way without NCFM or sub-brokership is... have a laptop for each account (or separate installations). It is likely that the portfolios are different, that you need separate contract notes, etc.

 

[yusi]

The reason I mentioned it is that others handle 4 to 5 account using 2 to 3 laptops. They also spread them across terminals: Odin, Now, Nest. Somehow, power, bandwidth, etc, is not a major problem. Each account record is naturally exclusive.

Takes some tuning to multi-task in that way, but "trades in a go" also requires something similar. But you would know your situation best.

 

[sibu3168]

Go for a franchise, it will cost you not more than 5000/-. It will be a better and practical option for you and your broker may ask you for a refundable margin between 50,000/- to 1 lakh. You may negotiate on that margin.

In that process you will get a dealer id, so that you can handle as many clients through one terminal and your clients will get contract notes in their own name.

 

[Einstein]

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