R K Global Issues!

[kaushikbanerjee]

Hi Anant,
My advise to u is to check each and every page of the form and ask them to fill the entire form and then sign.There are many hidden clause due to which my friend lost a huge amount by trading with them.Dnt go by brokerage.Go by service.U have many brokers who charge half rate than rk global.

Please mention which brokers charge half rate than RKG or atleast less than RKG.

 

[adani]

Their website was not working man. That's why it was of no use to send SMS to update from their website.
I think we all know about http & https.
RKG is like low fare airline. U get cheap fare and worst service.
RKG's website is not only http but is most of the time down. It is also very very slow. Order modification/cancellation takes too much time.

But so far I have not faced any problem in their ODIN.
I'm a happy customer of sharekhan for 2 years and now happy with RKG too.
It depends on how much u expect. Sharekhan gives a nice software for free.
They send various research reports daily regarding market.
RKG gives value for money in not only brokerage but something else also. I found it.

Mr Kaushik,
Where u able to trade before 10 days back when their webpage was not functioning frm morning.That day odin was not opening till 9.35 in mrng.Half an hour it was not working.same was intimated by their kolkatta team..

 

[adani]

Please mention which brokers charge half rate than RKG or atleast less than RKG.

How many u want Mr.Kaushik.

1.Fortune
2.Focus
3.Arihanth.

Check with these firms.They charge very less with gd exposure in intraday.

 

[anant_agrawal]

Hi Anant,
My advise to u is to check each and every page of the form and ask them to fill the entire form and then sign.There are many hidden clause due to which my friend lost a huge amount by trading with them.Dnt go by brokerage.Go by service.U have many brokers who charge half rate than rk global.

dear friend.....u give so much tension to me.....
friend i hv signed the form which was totally blank....
and i did not even read anything in the form and signed it........
can u plz help me how ur friend got cheated by them so that .....i will aware about that.......


plz plz plz plz answer me friend............

 

[Raju]

Adani -

I am not a fan of RKGLOBAL..But I do have a account..Looking at u'r post for Fortune..I imdtly called up their office - Pune office..They said..it depends upon volume..While RK gives me 9/lot for nifty future without volume committment.
Thanks for the info..

Friends ..these are no's of Fortune - Pune ..
952041067000
952041067001
If anybody gets less brokerage than RK ..without volume..plz inform us ..even we would like to open account..


I will call up other brokers u have mentioned If they have less than RK then nothing like that..

Thanks,
Raju

 

[alroyraj]

Hi Friends .. I have few questions on R K Global

1. Do they offer margin for intraday FUTURES trading? Their website says "Minimum 50% cash margin and rest in form of NSE approved shares with 30% hair cut."
What does this mean?

2. Is there any special advantage of having bank account with HDFC. Their website says that "Clients having bank a/c with other banks can also start trading but exposure/credit will be given only after the fund is credited to our a/c."
What does "exposure/credit will be given only after the fund is credited " mean?
How is it different if I have account with HDFC?

R K Global users - pls. hlep me understand.

RKG blocks 10% for a futures contract and in times of extreme volatility it is 15%.
Haircut is the portion of the value that is not taken into consideration.It is a sort of buffer that the brokerage keeps as a backup.
Margin can be in the form of cash or by securities already held by which you can enter positions by borrowing on these shares value less any haircut.
HDFC account needs a follow up. Once you transfer it online,it gets credited immediately in the back office records of RKG. In case of other accounts once you transfer it,you need to email them and give them a call,for it to get reflected.It takes say 15 minutes. So better to go for an HDFC account.

 

[Raju]

Hi adani ,

Arihant Capital also does not give brokerage < RK ...
Can u give us phone no's who really give brokerage < RK ..I am interested..As I do day - trading/...

Thanks,
Raju

 

[anant_agrawal]

HEY ALL MY TJ FRIENDS......

PLZ DONT OPEN ANY A/C WITH ARIHANT CAPITAL.......THATS THE WORST......:fatigue:

AHV ALSO AN A/C WITH THEM.......AND ITS VERYY BAD...

SO AWARE OF THAT

 

[adani]

Adani -

I am not a fan of RKGLOBAL..But I do have a account..Looking at u'r post for Fortune..I imdtly called up their office - Pune office..They said..it depends upon volume..While RK gives me 9/lot for nifty future without volume committment.
Thanks for the info..

Friends ..these are no's of Fortune - Pune ..
952041067000
952041067001
If anybody gets less brokerage than RK ..without volume..plz inform us ..even we would like to open account..


I will call up other brokers u have mentioned If they have less than RK then nothing like that..

Thanks,
Raju

Hi Mr.Raju,
Try to contact Mr.Suresh his number would be 09322245641.He could guide u with better brokerage and without any software chg.Plz check with this number sir.

 

[Raju]

Hi adani ,

Thanks for the prompt reply ,I would contact him and update u and friends accordingly .

Regards,
Raju