Reliance Money Reviews

[rickyric_ny]

brokerages for RM????

 

[msiddique]

I enquired with RM customer service regarding their brokerage. They said that it's only 1 paisa irr-respective of the trade value. So whether your trade value is Rs. 100, 1000, 1L OR 1Cr, they only charge 1 paisa. BUY & SELL both combined, it's only 2 paisa, again irr-respective of the trade value.

Please note this is over and above the basic plan (eg. Rs. 500 plan) charge. Also other statutory charges do apply eg. STT/Stamp Duty etc.

Thanks,

-Siddique

 

[msiddique]

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Hi Sourabh,

Do you provide day trading strategies ? OR NIFTY FUTURES trading strategies ?

Regards,

Siddique

 

[uasish]

brokerages for RM????

As i was told 3571/- (All inclusive 500/ R-Card ,
Brokerage,STT ,Transc.Tax,Stamp Duty,SEBI + NSE Charges ).This is for a TO upto 1 Crore,(90 Lacks Intraday + 10 Lacks Delivery).The R-Card of 500/- is valid for 2 Months (From the Day of 1st Trade).

Now you calculate,is'nt it Mouth Watering.For Traders at Kolkata ,my ex-Daytrader friend Arindam ,Cell No: 9831653862 ,is there.Hope the service part will be taken care of.He himself was a Daytrader since 7 yrs & for last 1 yr with Indiabulls (Siliguri) ,now at Kolkata with Reliance Money,expected to understand better than many.

 

[pradeep1]

As i was told 3571/- (All inclusive 500/ R-Card ,
Brokerage,STT ,Transc.Tax,Stamp Duty,SEBI + NSE Charges ).This is for a TO upto 1 Crore,(90 Lacks Intraday + 10 Lacks Delivery).The R-Card of 500/- is valid for 2 Months (From the Day of 1st Trade).

Now you calculate,is'nt it Mouth Watering.For Traders at Kolkata ,my ex-Daytrader friend Arindam ,Cell No: 9831653862 ,is there.Hope the service part will be taken care of.He himself was a Daytrader since 7 yrs & for last 1 yr with Indiabulls (Siliguri) ,now at Kolkata with Reliance Money,expected to understand better than many.

Dear sir,

Out of Rs. 3571.00 , Rs. 2375.00 is only STT which is charged by all brokerage houses. so actual Brokerage + nse charges is only 1196.00 per crore that is mouth watering, is it not ?

 

[uasish]

I think so ,that's why i am trying to bring this to our boarders notice,so that if they enquire then the feed back becomes national to find whether this is infact true or not.My systems % of Win & Win Avg ,decreases due to brokerage ,with R Money ,it shows significant improvement.

 

[bangerabs]

do u have the name of ur branch?then go to the branch and talk to the branch manager directly.Basically the Cust.Care people are worthless they wont be able to help you. Before going to NSDL just go to ur branch. I think it will give u result>
do u have CDSL/NSDL/SEBI (CUST Grievance section) email address? if you have plz give me the address. I have a complain/query against Indiabulls as
they are charging S.T on StampDuty and Transactiion Tax other than Brokerage.Plz dont forget to send me the email address mentioned above.
thanx
Debdulal Bhattacharyya
Kolkata

Sir,

u can compalin to SEBI thr: http://investor.sebi.gov.in For CDSL/NSDL/BSE/NSE u can directly go to their web site and find out the relevant link. I hv already written letter to Reliance Money Offices regarding my grievance. I shall fight it out till I get justice. I will also give wide publicity about incompetent/casual Ranjan Kumar so that investors keep away from him. Meanwhile, I am doubtful whether RM's Insta-trade is operative or not. Yesterday, I tried thr: R-Money's Easytrade platform, which is not upto mark as compared to PIB or Speed Trade. I do not hv that much patience to wait for 10 mins and open 10 links to know the sttus, since we have advanced facilities like PIB.

 

[sanjibbiswas]

Hi Investors,
U pay 12 bucks only if u sign the Tri-partide agreement with a Farnchisee.
If u do so then even if u trade yourself thru internet u have to pay 12/-.
If u dont then u dont get assisted trade thru a franchisee.
Simple.
Happy investing.
Revert for further clarification wud oblige

 

[sdebu_2000]

Bangerabs,
Thanx for your comments/Suggestion.
I will try through the link u mentioned above.I have already tried thriugh the site but failed. Anyway I will try again.
THanx again
Debdulal

 

[Disciple]

Hello Everybody!
I just read the post of "bangerabs".He really has gone through bad experience.I feel for him.I would like to tell him to contact the branch(not franchisee) of RMONEY and talk with the center manager there and ask him to activate your instatrade.This software activation is done from mumbai and only on the request(email) sent by the center manager.It takes at most 1 day.
Rmoney is giving you an excellent opportunity for trading.Every trader will be benifited by their fees structure.Just calculate how much you are paying to your broking house and how much you have to pay here in RMONEY.You will see that you will be saving SUBSTANTIAL amount per month or year.

For using instatrade, down load microsoft VM from Rmonmery site(www.reliancemoney.com) and make sure that your browser version is IE6
You can find this instruction after clicking the "Trouble logging in" link which is situated just below the screen where you are being asked to enter your user id, password,security key etc.

Happy Trading.
Regards,
Disciple.