Reliance Money Reviews

[PANCHAL_UMESH]

Thanks Panchal Umesh

 

[satyajit24]

Thank You, You don`t have to pay if you trade through internet by your own computer or in any cyber cafe. Any further clarification you are welcome.

hi, i am interested in opening trading account with reliance. i have not found any link on the net to do the same. i am located in pune and there site doesnot mention any contact details for pune. if you have any please forward

 

[suba_stocks]

hi, i am interested in opening trading account with reliance. i have not found any link on the net to do the same. i am located in pune and there site doesnot mention any contact details for pune. if you have any please forward

Go to this link and give information as required,they will call you back ...

http://www.reliancemoney.com/Common/OpenAnAccount.aspx

suba.

 

[uasish]

Hi,

Reliance Money ,will call on me on Tuesday (cant avoid an old trader friend,now with them),what should you suggest that i look or want from them than Indiabulls "PIB".

Asish

 

[basudeo]

I would like to know:-

(1) If Reliance Money provides live stream line quotes like 5 paisa.com.

(2) Can Reliance money data be processed through AMI BROKER.

basudeo

 

[uasish]

Reliance Money called on us ( another serious trader came to my place).There Brokerage is Mouth Watering.The interface (trading platform) ridiculous,like what we had prior to PIB in Indiabulls.Exposure ,not upto National standard."Random No Genarator" key if lost ,cant even Sq up over telephone,until a New key issued.Was told everything is going to change by 3rd Wk May.
However decided to open a dormant A/c by 30th April ,to avail & keep alive the Scheme,which is going to expire on 30th April.As the man was a known Daytrader of my past yrs,hope the service would be good.

 

[saji oommen]

Hello Uasish,

Could you kindly disclose the exposure limits offered by reliance money. In anoher thread i read that it is 5 times of cash deposit for intraday.

Since you are a user of PIB also i would like to ask you whether reliance money has the cash delivery trades facility as in PIB. In PIB you are allowed 4 times cash delivery trades aginst the cash deposit which needs to be squared up in 7 days time. But brokerage is higher and charged at delivery based trade rates.

Does reliance money has similar facilty if so what is the limit allowed and is the brokerage charged on delivery basis.I am satisfied with PIB as a user but looking to get better terms in brokerage since i am more of a delivery based trader.


Regards

Saji

 

[uasish]

Hello Uasish,

Could you kindly disclose the exposure limits offered by reliance money. In anoher thread i read that it is 5 times of cash deposit for intraday.

Since you are a user of PIB also i would like to ask you whether reliance money has the cash delivery trades facility as in PIB. In PIB you are allowed 4 times cash delivery trades aginst the cash deposit which needs to be squared up in 7 days time. But brokerage is higher and charged at delivery based trade rates.

Does reliance money has similar facilty if so what is the limit allowed and is the brokerage charged on delivery basis.I am satisfied with PIB as a user but looking to get better terms in brokerage since i am more of a delivery based trader.


Regards

Saji

The exposure limit is as per the Rule Book of regulators ,it is 5 times in Intraday & 1 time in Delivery in Reliance Money ,till now ,was told it will be better from 3rd Wk of May.

 

[saji oommen]

Hello Uasish,

Thankyou for your quick reply. One more query . You mentioned that I quote "However decided to open a dormant A/c by 30th April ,to avail & keep alive the Scheme,which is going to expire on 30th April."

What scheme are you referring to?. Does it mean after 30th April pre paid brokerage scheme will not be available. If so what happens to existing prepaid card holders when their card validity period expires. Will they be able to renew it or will they have to migrate to any new scheme.

Regards

Saji

 

[rajeshrdm]

hi, i am interested in opening trading account with reliance. i have not found any link on the net to do the same. i am located in pune and there site doesnot mention any contact details for pune. if you have any please forward

Please go to reliance money website and give your details on A/C opening page.
They will you first contact you by mail and will ask for your contact no.and state, city.Once you give details within minutes their Rep. from pune will call you.The same thing happened to me just now .A/c opening charges Rs 750/-
and other terms as mentioned in the forum.
Otherwise go to savarkar bhavan near balgandharva rang mandir, opposite Gandharva hotel and contact: Mr Arun, phone no 020-69418457.
I'm going to visit him tomorrow around 11 am regarding the same .
Hope this will help you.